avnet serves clients in 80 countries. moving forward, focus on becoming a leader in design chain and supply chains for our current customers and new markets. >>> take a look at this in the business watch. this is interesting stuff. arizona governor doug ducey announcing a food packaging it will open a 750,000 square foot distribution center adding 300 jobs. products include paper cups and food containers. >>> sub tropical moisture from hurricane paine will bring windy conditions and wet weather in through california. what is the story, kari? >> reporter: i'm filling in r you know that a hurricane is in the forecast. i'm calling it a pain in the baja. it is a category one hurricane. 90 miles an hour winds moving north and northwest and by the time it makes landfall it will be downgraded to a low pressure system and that will brick rain to the valley. showing over the next couple of days where the rain is expected. down in the yuma area they are getting rain and imperial county in california. we're going to see bands of moi

tech data will buy avnet technology solutions for about $2.5 billion.hat deal is expected to create a one-stop shop distributor for consumer technology and data center hardware. tech data says the transaction will help earnings and result in significant cost savings. shares of tech data popped to 8480. av, in et rose to 4189. another technology deal as well. network security company info blocks will be acquired and taken private by vista equity partners for more than 1.5 billion. the private equity firm will pay about a 16% premium to info block's closing price on friday. today info blocks was up nearly that much closing at 2635. >> go pro launked the latest two versions of the signature camera line and unveiled the first drone. it is called karma. ceo nick woodman thinks karma could be a game changer for the company. i think karma is the most exciting product we have made. it's certainly the most enabling product in terms of helping people capture incredible professional quality footage of their lives and share stories like they are used to seeing on t

components are experiencing an upswing, today tech data spent $2.6 billion in cash and stock to buy avnets worldwide technology solutions. it's business is one whole product line that it has. how did tech data do? it's up 22% on the news. i like that. then there's sarepta therapeutics, a stock that rallied 74% on fda approval of a drug to combat muscular dystrophy, or information technology company infoblox, which rallied 15%. however, these are all relatively unknown or small companies, so i can understand you don't want to mess with those ahead of the fed. but that's not the case with the is amazon. this is a company with a beloved product. this is as close as you can get to being immune to the fed. the bottom line is you can be paralyzed. you can be sidelined. you can dread the future, or you can find situations right in front of you that can be bought. this can be bought both before or after the fed meeting just in case the fed does absolutely nothing as long as you aren't so scared that you can't think or so frightened that you refuse even to try to make money on what you see, on what

avnet had a series of bad quarters and, boom, look at this.h data, all of a sudden powerhouse in information technology and the supermarket of technology. what a deal. blockbuster. that's not a takeover. that's just an acquisition of a $2.6 million division. wow. think about value added. >> what's on mad tonight? >> okay. we've got a couple things tonight that we're working on, but one of the things we're going to do is there's a winner in the oil patch that i think i've got -- i mean, a huge winner. it's not talked about at all, except for tonight if you tune in. >> all right. >> big winner. >> and then after that what are you going to do? >> besides that i'm going to analyze the situation about a stock that literally -- >> i mean after the show. tonight. >> after the show -- no, i can't jinx it because my fantasy team loss so now it's my reality team in play. if my reality team doesn't win, i'm going to take tomorrow off, okay? >> okay. >> is that all right? >> no. >> no, i have to show up? >> yes. >> okay, but i'll be hang dog. >> well, we'