the price is1.3 billion valuing ardea at $32 per share. ardea stock shot up 52% on the deal. astra-zeneca fell 1.5% the worries about european government's paying their bills has helped investors of u.s. government bonds. the interest rate on the ten- year bond is at its lowest level in two months 1.94%. rates drop as bond prices rally. rates are now only about a quarter of a percent above historic lows hit in september. and that's tonight's market focus. >> tom: earnings season can mean some wild swings for stock prices. we've seen that on display in just the past couple of weeks. that brings us to tonight's word on the street: short-interest. okay, that's two words. robert walberg is the chief market strategist at thestreet.com. >> words on the street tonight. short interest. this is a measurement of how many shares are sold short, expecting the stock price to go down. why is that important on the street? >> if you're looking to buy stocks during earning season, it's either good news from earnings or bad news from earnings. and what you look for is heavily shorted stocks. a

ardea biosciences. it's up 51.49% to be exact. astrazenca agreed to buy the company. >> brian shactman here. we've got lots of brians lying around. a realtime market flash. >> too much bs during ss. i'm watching d.r. horton. they had impressive numbers, right. and they were positive in the early market. i want to look at an intraday chart because they have now gone negative and are selling off. d.r. horton moved from the short-term buy list at deutsche bank. they were up at the open and now down more than 3%. back to you. >> all right. brian, thank you very much. no matter what she says, good job. all right. big story out there today. it involves american airlines and u.s. airways. in fact, there was a rally downtown today because the transport workers union and two others representing the workers of american airlines are concerned about american airlines bankruptcy proposal to layoff as many as 13,000 jobs. >> uh-huh. >> however, u.s. airways, which has made no secret of its desire to buy american airlines has said if they are ab

astro zeneca is buying ardea biosciences. a sale by reaching out to potential buyers. it said no thanks to a takeover bid from bristol myers and is fending off a lawsuit from an activist. beam and pinnacle -- beam is buying pinnacle vodka. and vodafone agrees to buy c & w worldwide for $1.9 billion. >> let's get a check on the markets which do not see this deal news as good. we've been right around this area here with the market -- >> i'm not sure it's the deal news as much as the earnings in europe. >> the market is not impressed by the deal news. we would opensharply lower this morning, more than 111 points. rick santelli standing by at the cme in chicago. rick, what has them troubled down there in the pits? let's see if we can solve their problems. >> well, there's no problems in life, there are only issues. when you say the market is opening down ignoring deals, i'm not watching the deals as closely as everybody at that desk but i like the statement to give us an idea about how to look at the market in general. for all we