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Markets Mixed to Open October Trading
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Description
FBN’s Nicole Petallides breaks down the stocks that moved the market.
- Duration 0:47
- Date Oct 1, 2012
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FBN’s Nicole Petallides breaks down the stocks that moved the market.
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Thanks got.
Well shares are manufacture Ceradyne soaring today let's go back to the call -- -- -- of the New York Stock Exchange for detailed a -- I gave I want to show you three -- because you know Ceradyne basically saying thank you very -- Because it's three and the Dow component which is up 1% today that agreed to -- -- for 860 million.
-- -- offer of 35 dollars a share actually represents a 43%.
Premium take a look at how Ceradyne did today.
Right -- hit that nail on the head.
43%.
Of the upside.
For Ceradyne this is a deal on the ceramics industry and obviously it's all about the technicalities.
The ceramics and so that's why you're seeing this deal under way.
But certainly you did see Ceradyne -- -- On this news today.
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