Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Midday Market Report: 2/19/13

Details

  • Description

    Office Depot, Office Max talk merger?

  • Duration 1:30
  • Date

Clips

Also in this playlist...

Latest Investing

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Hotmail is dead long live of that -- and -- get -- the hot -- these days meteorite fragments.

As we take a look at that midday market report.

Microsoft announced late Monday that it's killing Hotmail and moving all of those email users to its new outlook dot com free email service.

Millions of Hotmail users will have their accounts migrated to the now six month old outlook dot com by this summer the council have all messages and contacts preserved.

This'll make outlook one of the largest free email services in the US.

It'll be the biggest but a merger between Office Depot and office Max we'll make the combined company stronger and better able.

To compete with office supply giant staples.

The Wall Street Journal reports Office Depot at office Max -- negotiating stock for stock deal.

That would allow them to cut -- closed doors and negotiate better deals with suppliers an announcement could come as early as this week.

And meteorite mania is -- parts of Russia tiny fragments of the now infamous -- right explosion.

Are selling for forty times their weight in gold.

20000 treasure seekers have flocked to the area about 1000 miles east of Moscow.

Where the meteorite exploded -- -- last week just one gram of one of the fragments from that -- right.

Could fetch as much as 2200 dollars or forty times the price of -- For the latest on this story and all the others log out of foxbusiness.com.

In New York I'm Adam Shapiro -- -- midday market report.

Load More