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Jun 15, 2014

Trade with Precision - June 15, 2014: This Week's Market Commentary, Videos and Webinars.

from Trade With Precision -

Watch this week's market commentary videos where Craig Cobb provides a market outlook for the week ahead on the Russell 2000 and US Equity Markets along with the US Dollar Index.
Remember to register for this week's live webinars below:
How To Become A Successful Trader runs on
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Iraq steps up offensive against rebels | Taliban fighters raise funds in Karachi | Sri Lanka shaken by religious violence: YouTube Al Jazeera English -June 15, 2014-.

Al Jazeera English has uploaded Iraq steps up offensive against rebels and 2 other videos

Iraq steps up offensive against rebels
Al Jazeera English

Taliban fighters raise funds in Karachi
Al Jazeera English

Sri Lanka shaken by religious violence
Al Jazeera English

Medtronic in deal to buy Covidien for $42.9 billion: MarketWatch - Market Pulse - June 15, 2014-.

By Michael Kitchen

LOS ANGELES (MarketWatch) -- Medical-technology company Medtronic Inc. MDT -0.15%said Sunday it plans to buy Ireland-based Covidien PLC COV -0.03% in an almost-$43-billion deal, confirming reports out earlier over the weekend. Medtronic said the cash-and-stock transaction would be valued at $93.22 per Covidien share, or about $42.9 billion in total, based on Medtronic's closing stock price of $60.70 per share on Friday. The deal will have Medtronic moving its principal executive offices in Ireland, where corporate taxes are lower. However, Medtronic focused more on the research and market benefits of the deal, saying that as a result of the deal: "Medtronic will commit to $10 billion in technology investments over the next 10 years ... above and beyond Medtronic's and Covidien's existing plans." Medtronic said both boards had approved the deal, which it sees as accretive to earnings in fiscal 2016. It hopes to close the deal late this year or early next. See the press release here