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Market Overview

Zings Of The Day July 15, 2011

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Carl Ichan disclosed this morning that he wants to buy Clorox (NYSE: CLX) for $76.50 per share. I guess he's trying to get that smell of his failed bid for Blockbuster out.

Google (NASDAQ: GOOG) blew past Wall Street's most bullish expectations, as it alleviated investor concerns about its battle with Facebook and Twitter costing too much and hindering growth. Don't be evil (Google) wins over always be evil (Wall Street).

The Mitch McConnell plan is fast becoming Plan A after it was thought to be Plan B as congressional leaders try to reach a deal on the debt ceiling. Washington has a Plan B? I'm surprised they knew "B" came after "A," let alone having multiple plans.

 

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Posted-In: Carl Icahn Mitch McConnell Zings Of The DayEarnings M&A News Politics

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