You're watching...
Midday Market Report: 2/20/13
Details
-
Description
Office Depot buying Office Max in an all-stock deal
- Duration 1:41
- Date Feb 20, 2013
You're watching...
Office Depot buying Office Max in an all-stock deal
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
We have a deal as expected -- is -- and buying office Max in an all stuff.
Valued at one point two billion dollars the combined company would still be smaller than rival staples job cuts and store closings are expecting.
Give -- a crack in the housing recovery may be a little one.
US builders started to work on new homes last month at a slower pace than a month before January housing starts coming in at 800 in 191000.
Down eight half percent from December but all of the third highest -- Since the financial and housing crisis.
On Tuesday a report on home builder sentiment declined an important the first weakening in ten month.
That's -- -- and soda cost more money last month one reason why US producer prices rose in January.
For the first time in four months so called PPI.
Or how much businesses pay to stock their shelves with goods.
Edged up two tenths of 1%.
A new report says cyber attacks on a 141 major US companies are coming mainly from the Chinese army.
That report by -- isn't -- -- -- hacking campaign to a -- twelve story office -- outside Shanghai.
Run my unit 1398 at the People's Liberation Army in China here in the US.
State Department officials are monitoring the situation and stand ready to respond strongly.
Apple on Tuesday became the latest company.
To say its internal computers were hacked.
The same -- they -- were hacked last week.
The vulnerability in both cases came through the -- plugin for browsers.
I think that's more -- on to Fox Business that come in New York -- Lawrence --