MERGER/JOBS FRIDAY

Markets look to open higher yet again on talk of a MSFT for YHOO deal and a Thompson for RTRSY in Europe as the markets keep marching to the old SPX highs at the 1,527 (closing high) and 1,557 (all time high) levels.

The jobs number came in at 88K vs. 110k consensus, so maybe just right, not too hot not too cold.

Interesting that Mario Gabelli may be going to the courts to block the Dolan's take out of CVC. Mario and his funds own about 20,000,000 shares and he believes the deal undervalues the company by about $15 per share.

Long time since one of these but Cramer was bullish on HRS GOL ATI TWX CHTR CMCSK UNP NUE RS ATW NBR HPQ VLOE MET and HOG; he was bearish on BRCD TIE FWRD ACLS and RG.