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Imus morning program on the phone -- Good morning everyone this network has made a bid for Clearwire -- setting the stage for a takeover battle with Sprint Nextel.
Shares of Clearwire -- -- more than 8% already in the premarket after dish offered three dollars thirty cents a share for the wireless service provider.
That's not Sprint's offer of two dollars 97 cents.
Before the news broke fox business's -- -- and spoke to dish CEO Joseph Clayton at the consumer electronic show in Las Vegas.
About how wireless communication is growing.
As a focus for the company.
Once again you follow what the consumers are doing and they're moving to wireless and we want to offer wireless voice video and sell.
That's not our plan -- about that DirecTV merger is that gonna happen this utter joke there's a lot of speculation you'll have to ask the pundits.
-- has already spent three billion dollars acquiring mobile spectrum as it works to enter the mobile broadband market sprint says dishes offer for Clearwire is inferior to its own.
And not viable.
Shares of Alcoa are higher in the premarket after the company reported a stronger than expected five point nine billion dollars.
And fourth quarter revenue kicking off earning season.
Analysts were expecting five point six billion dollars the aluminum maker also reported an adjusted profit of six cents a share that matched the estimate.
Alcoa says its results were driven in part by its continued cost cutting efforts the company said it's now projecting that global aluminum demand will grow 7% this year.
Thanks to demand in the aerospace and commercial transportation sectors.
Checking the markets now here in US futures are up across the board we have Dow futures -- 27 yes -- -- two and a half.
-- aspects of about three points and despite yesterday's overall market drop.
It's still looking pretty good for 2013.
-- in the that is live in the newsroom with more on that I -- Hello that's according to the first five days indicator yesterday capped the first five official trading days of the new year.
And believe it or not the Dow Jones Industrial Average up more than 200 points in -- -- five days.
That's great for investors because according to that rule if you start the year higher you ends in the year higher.
Most of the time so.
Here's hoping that that does happen -- like you said US futures pointing modestly higher in the meantime.
All right so despite the fiscal -- debate markets are doing okay at least for now but the back and -- did still a fact.
The IRS -- congress is to blame for the fact that you might get your tax refunds later than usual this year.
So the date -- filing individual tax return pushed back by eight days to January 30 that affects about 80%.
A tax filers if you have a more complicated return with special deductions except -- You can start filing until at least late February so your potential refund can definitely be backlogs so these are some -- -- to tell you about went.
The IRS congress and the fiscal cliff.
All to -- News for procrastinators at least the yeah I guess they don't change April 15 -- it to get in on time that's stays the same of course parent -- -- who filed their tax returns at the beginning of I don't know I was asking myself the same thing.
I don't you also some good news first Super Bowl halftime -- yeah if you -- don't watch the Super Bowl on February 3 on your computer if you want that.
Screen streaming ability you can actually for the first time ever see and a half -- show.
Also on the computer whatever device that you're using an -- -- a feature beyoncé they try to -- this with Madonna last year it didn't work out in the hands so now for the first time.
CBS will strain not conceivable but beyoncé as well.
Not at Florence and they live from the -- here thanks -- the F.
Goldman Sachs meanwhile is changing how it discloses the values of its money market mutual funds Goldman will publish the data daily.
Instead of -- starting today experts say Goldman is the first big fund provider to make the change.
And the move could force other firms in the nearly three trillion dollar industry to follow suit.
Sources tell -- Wall Street Journal Goldman is taking action to satisfy investor calls for greater transparency and fluctuations in the price of their investments.
AIG's board meanwhile meets this morning to decide whether to join or tried to block.
-- shareholder lawsuit against the government over 182 billion dollar bailout former AIG chief executive Hank Greenberg.
Who is still a major investor in the company filed the lawsuit in 2011 on behalf of fellow shareholders.
It accuses the government of failing to provide their shareholders just compensation.
When it took -- nearly 80% stake in AIG as part of the 2008 company rescue the board expects to have a decision by the end of the month.
Let's take a look at commodities now this oil and gold searching for direction this morning -- currently up about eight cents trading around 93 dollars a barrel -- down forty cents.
Coming up in just minutes I was his guests -- be New Jersey governor Chris Christie and now here's the -- and then live on Fox Business.
Giving you the power to prosper.
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