Gannett (GCI) is effectively bidding against itself for Tribune Publishing (TPUB) , said TheStreet's Jim Cramer. He said this will most likely be Gannett's final bid because the process has gone on too long and Tribune is not in that great a financial position to stand on its own anyway.
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How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.