QualityStocks Daily Video 12/19/2006

Welcome to The Daily Stock Report…brought to you by QualityStocks.Net, performance tracked daily. I’m Cathy Rankin and for Tuesday December 19th…. we’re bringing you the latest news from around the markets as well as the top movers to look out for today… In Headline news today… The value of global mergers and acquisitions, already at record levels for 2006, raced toward the end of the year with at least billion in proposed M&A deals announced on Sunday and Monday. The latest proposed transactions will take the value of global mergers for 2006 to an all-time high of over .8 trillion, according to research firm Dealogic. The previous high was .332 trillion in 2000. The global mergers boom has been driven by low interest rates, gains in stock markets, and liberal credit markets. High-yield bond investors have also helped boost M&A activity by snapping up new debt issues at a record pace this year, allowing private equity firms to finance some of the largest buyouts in history. In our small cap news today… Lyric Jeans, Inc. announced today that its brand Lyric Culture will be sold at high-end department store, Saks Fifth Avenue, this spring. The debut collection is titled ‘Lyric Culture Revolution,’ is dedicated to music from the late sixties through the early seventies. Lyric Culture embodies words made famous by such great artists as The Beatles, David Bowie, Marvin Gaye and many more on premium screen print T-shirts, jeans, denim and leather jackets …
Video Rating: 5 / 5