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germany's lincare breathed new life into shares of respiratory provider lincare. the stock gained on that multi- billion dollar all cash deal. in technolgoy pairings, micron gained 4% after the chipmaker agreed to buy its japanese rival. on the other hand, dell slipped 1% after acknowledging it was buying quest software. quest edged up slightly to close the deal had been rumored since last week, and involved another bidder led by a private equity group. speaking of "private", shares of best buy surged higher today on rumors of a buyout offer that would take the troubled electronics retailer private. late this afternoon, we learned the buyout talks are reportedly in very early stages, and that founder and c.e.o. richard schulze is unlikely to present an offer soon. best buy shares gained almost 6% to close at $22.20. and, after the closing bell, microsoft said it was taking a $6.2 billion charge in its quarter ended june 30. the non-cash charge involves its online services division and could result in a "loss" for mr. softie for the quarter. microsoft is expected t
germany's lincare breathed new life into shares of respiratory provider lincare. the stock gained on that multi- billion dollar all cash deal. in technolgoy pairings, micron gained 4% after the chipmaker agreed to buy its japanese rival. on the other hand, dell slipped 1% after acknowledging it was buying quest software. quest edged up slightly to close the deal had been rumored since last week, and involved another bidder led by a private equity group. speaking of "private", shares...
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we're watching shares of lincare. up better than 21% on a deal to be bought by an industrial gas producer and lincare makes oxygen and respiratory products. shares up nearly 65% since the blog broke the story last week and saw a deal today. that's a good one for shareholders. back to you. >> all right. thank you. >>> fire officials say the biggest fire this season is now 55% contained. the fire is in its tenth day, almost 20,000 acres scorched. some homeowners forced to leave their homes were allowed back yesterday and they saw that damage firsthand. it's really quite devastating. the fire claimed 350 homes so far and the worst fire season in colorado history and only july 2nd. >>> another firestorm is brewing, this one's in the persian gulf. iran's national security and foreign policy committee drafting a bill calling for iran to stop oil tankers going through the straitless of hormuz going to countries that support sanctions. sharon epperson has the reaction for us in the oil markers. >> reporter: hi, sue. the trade
we're watching shares of lincare. up better than 21% on a deal to be bought by an industrial gas producer and lincare makes oxygen and respiratory products. shares up nearly 65% since the blog broke the story last week and saw a deal today. that's a good one for shareholders. back to you. >> all right. thank you. >>> fire officials say the biggest fire this season is now 55% contained. the fire is in its tenth day, almost 20,000 acres scorched. some homeowners forced to leave...
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li linde is buys lincares, which is a provider of home-based respiratory therapy services, and dell isonfirming that it's buying -- three deals. not too shabby. >> not huge deals, not bet the company deals, but the kind of dealing we can expect to see in this environment. they are of a size where a ceo can feel like, okay, i'm making a bet here, i may be paying a pretty high multiple, but it's not going to cost me my job in it goes bad. in many of these cases we're talking auctions already. well done in therms of the independence committee of the board, ending up with 28, 27.50 had been the last bit. don't expect in the challenges there or anything like that. as you look at that stock. bmy started at $22 a share. they end up at 31. by the way, the multiple being paid here is quite a significant one. amylin shares, even with everybody knows there was an auction going on, still gets a nice bump. they are paying quite a multiple to sales at this point. it is going to be dilutive for a while. they were getting a big payment from astrazeneca, so effectively in many ways they're paying about
li linde is buys lincares, which is a provider of home-based respiratory therapy services, and dell isonfirming that it's buying -- three deals. not too shabby. >> not huge deals, not bet the company deals, but the kind of dealing we can expect to see in this environment. they are of a size where a ceo can feel like, okay, i'm making a bet here, i may be paying a pretty high multiple, but it's not going to cost me my job in it goes bad. in many of these cases we're talking auctions...
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deal data, this is a company benefiting, lincare for 41.50 a share. the stock up nicely today and then ever bank, it's buying a real estate lending portfolio of ge capital and adding to earnings and a lift, as well, too. back to you. >> thank you very much. jackie, as mary was saying, a flurry of deals and a lot in the tech space, as well. >> absolutely. let's talk about micron. after the deal, it's going to control about 25% of the market. also, take a look at the chinese internet stocks today. watching these very closely. they're getting hard and youiku down the most. and finally, i want to bring your attention to dish. actually, higher today after dropping amc when the contract expired. if they fail to strike a deal dish subscribers might miss the debut of "breaking bad" and if brian was here today, he would be upset about that. >> hopefully he's not watching the show but enjoying a well-deserved vacation. thank you. >>> today, of course, we kick off the first trading day of the third quarter. the s&p rose in the first half and can we expect more o
deal data, this is a company benefiting, lincare for 41.50 a share. the stock up nicely today and then ever bank, it's buying a real estate lending portfolio of ge capital and adding to earnings and a lift, as well, too. back to you. >> thank you very much. jackie, as mary was saying, a flurry of deals and a lot in the tech space, as well. >> absolutely. let's talk about micron. after the deal, it's going to control about 25% of the market. also, take a look at the chinese internet...
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lincare holdings is being acquired by lind for $51 a share.ngram micro for $650 million in cash or $9 a share. that's a 66% premium. at friday's close, up $5.41 per share. qwest software has been halted for news pending. that follows reports that dell is about to announce it's acquired qwest. that's a lot of m&a news for a monday! but still. >> yeah, it is. all right. and it's a monday. that's when it happens. they work on the deals over the weekend. >>> the lonestar state versus the sunshine state. which would you prefer? it all comes down to what these two governors have to say. joining us now, texas governor rick perry, former presidential candidate, and rick scott is here as well. a battle of the ricks here. i'll tell you, it wasn't very -- listening to this guy all morning long talk about florida and how much better it is than texas started to rub me the wrong way, governor. is it really that hot and desolate and dusty? i mean, why wouldn't people just all go to florida after what rick scott told me? >> beaches and weather. >> palm trees.
lincare holdings is being acquired by lind for $51 a share.ngram micro for $650 million in cash or $9 a share. that's a 66% premium. at friday's close, up $5.41 per share. qwest software has been halted for news pending. that follows reports that dell is about to announce it's acquired qwest. that's a lot of m&a news for a monday! but still. >> yeah, it is. all right. and it's a monday. that's when it happens. they work on the deals over the weekend. >>> the lonestar state...