Loomis Sayles's Sowerby on Stocks, Bonds, Intel, McAfee

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Aug. 19 (Bloomberg) -- David Sowerby, portfolio manager at Loomis Sayles, talks with Bloomberg's Julie Hyman about the outlook for stocks and bonds, Intel Corp.'s agreement to purchase McAfee Inc. and Loomis Sayles's holding of Interval Leisure Group Inc. McAfee investors will receive $48 a share in cash, Santa Clara, California-based Intel, the world’s largest chipmaker, said in a statement today. That’s 60 percent more than McAfee’s closing price yesterday. Both boards have unanimously approved the deal, Intel said. (This is an excerpt from the full interview. Source: Bloomberg)


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