bass had taken a large position in the retailer. jardin corporation is buying yankee candle from dearborn partners for about $1.75 billion in cash. he owns sunbeam, kolman and mr. coffee. executive officer anthonydical issues. they said fisher will be taken over as ceo following a proxy battle over the marketing of the obesity drug. >> given everything that's been happening with syria. joining us from newport beach is mohammed el-erian. he is pimco's ceo and chief investment officer. thank you for joining us. >> good morning, becky. >> why do you think the market is higher is this because syria is put on the back burner or people are coming back from vacations? is there something else at play here? >> both europe and asia give us an insight. with recaptureing up, catching up to two bits of fuse, one is that the strikes on syria are going to be delayed, second the risk of escalation is lucky to be reduced. so we are responding to indications if you like that the destruction, the potential destructions are likely to be less than what the markets not last friday. >> in terms of syria, are you somebody who has a lot of experience in the region, both from your time in egypt, also your time at the wo