julie: when you look at the doubt, the smb, and the nasdaq, we see a pairing of the losses we saw earlierwhich is now the a 10th of 1%. earlier it was down a half of 1%. not much of a ll -- selloff at this point. the story we have been watching all day has to do with the chipmakers. shares ofuge deal -- little changed, broadcom shares actually lowering. they are trading off the options price, spiked well above the offer price yesterday after the report came out that we were going to potentially see a deal. now they are coming back more in line. what else could happen in the chip industry? rs have seen other chipmake gain on speculation they may be the subject of a bid. of 3%. 3% -- cavium deal, talk of potential fraud in the chip market. take a look at the philadelphia can see ther. you climb we have had for the year to date. it is now -- it has been fluctuating a lot today to your it it is up and trading at a 14 and a half year high. year to date and out performing the major averages and one of the better performing groups really. investors are going to the cash option, 24 times even up.

world's biggest maker of glass containers, and it is buying the food and glass troness be true s&p -- the smbwe also have a deal in the oil industry, and it is the kind of deal that is becoming more common. williams companies agreeing to buy 40% of williams partners for it does not already own 14.8 billion dollars. that simplifies its corporate structure and reduces its taxes. we have seen other oil companies do that as well. williams is trading at a six month high. thee looking at experimental cystic fibrosis combination that should be approved by regulators, according to the fda panel of outside advisors. the sale of the vertex , oneaceuticals combination of the drugs is already approved for use. i wanted to check on the delta stock after it approved that $5 billion stock repurchase plan, up to .4%. finally, a quick check on microsoft three deutsche bank upgrading it to a buy from a hold, saying it looks relatively cheap in terms of its valuation. the weak pc sentiment is already reflected in the stock price. pimm: thank you, julie hyman. interesting, considering what can your morgan has be

again a overturned tractor trailer blocking the north and smb lanes. chad be erer erer erer -- pitcher chad bettes. that's how the no hitter is broken up. look at the reaction from bettes you have to be kidding me. a called out on a checked swing, not happy about it. rough night for the umpires. in the ninth, moldinado not out. ryan sandberg is livid. >>> and cody spent two weeks in triple a learning left field and he told us about his reaction when he was first sent down. >> pretty bitter which i think is human nature but luckily the people in the organization know me and they know that really excepted. >> byron maxwell is guaranteeing the birds will be in the super bowl this year. they say the bold off season room had to happen. >> in all honesty, we start off really good and we got well quite a few times early in the year and i think the way that we ended the season it is almost a good thing because it forces the koegss to reevaluate what we have. >> the rangers were beat 2-0 tonight. we'll find out form night if he is go. i'm john clark, we'll be r

some trying to speculate about where the smb will go and whether they have to implement negative ratesest risk was a global slowdown. this is the most important thing to them. and a normalization. there is a word you have heard before. normalizing the interest rate cycle. let's get positive rates, first of all and then get to a positive yield curve and hopefully the fed would be the best to move on that. so there you go. not a bad set of results. and for ubs, we hopefully have a little bit of sign from tom later in the show. mark: see you later. in zurich, his second home. caroline: the u.s. department of justice has joined an investigation into a leak of confidential federal reserve information in 2012. the program relates to an alleged meeting between officials and global advisors. pimco's return fund has lost its crown as the largest mutual fund. pimco has suffered more than $110 billion in outflows. since bill gross left on september 25. the european central bank is considering delegating more power to avoid monetary policy makers becoming entangled in low-level details. according

they probably have about 2 million users, so it doesn't really quite have the scale and it's more appropriate for smbsarger enterprises. we ran the merger models on a number of companies a week ago in a report we published, and cisco, you know could be as well, it's a bit of a stretch for them to get into that business. ibm -- i just don't know that ibm has the financial resources. it certainly would give them a new place to hang their hats and they could use something like that. hp seems to be a little awkward and that's a lot of money. the name that might be a little more credible would be google. they certain low have the cash but they're not an enterprise oriented company but they have google compute engine which competes against amazon so there's a thread of a reason to think, well could they have an interest to get into the enterprise market. yeah, but this is a very different part of the stack. this is the high end, this is the apps and they compete more at the platform as a service so i'm not sure you spend this much money to try to enhance your position in the lower end of the stack. but it's