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Ree-membering history
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Microsoft's Offer For Yahoo Contributes To Higher Close On Wall Street ...
2/1/2008 4:40:39 PM Stocks closed higher on Friday, adding to gains posted in the previous session. Investors weighed in on Microsoft's (MSFT) announcement regarding its offer to acquire Yahoo (YHOO) along with several mixed economic reports.
Before the opening bell, Microsoft announced an unsolicited takeover offer to acquire for Yahoo for $44.6 billion. Microsoft expects to complete the proposed transaction in the second half of calendar year 2008, but the Justice Department said that it is interested in reviewing associated antitrust issues.
The Labor Department also released its report on the employment situation for the month of January before the stat of trading. The report showed that non-farm payrolls decreased by 17,000 jobs in January following an upwardly revised increase of 82,000 jobs in December.
Vlasic sails 2.03, Silnov 2.37 in Arnstad
World Champion Blanka Vlasic and Andrey Silnov won the traditional high jump meeting in Arnstadt (Germany), which saw its 32nd edition on Saturday. The Croatian was the dominant figure in the women's event, clearing all her heights at her first attempts – including the winning height of 2.03m. That was an improvement of her season's best and world lead by two centimetres. The 24-year-old tried 2.06m twice but then retired from competition. Olympic Champion Yelena Slesarenko took second place with a season's best of 2.01m while Vita Palamar (Ukraine) was third (1.99). Germany's new High Jump hope Ariane Freidrich, who had jumped two metres for the first time a week ago, had to be content with 1.96 m and fourth place. Russia's Andrey Silnov tied his personal best and improved his season's best as well as his indoor best with a jump of 2.37m.
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