Stocks rose once again on Monday, led higher by technology shares on merger news and optimism ahead of third-quarter earnings reports. FinancialContent.com - Stock Quotes and Business News:: Sprint CEO Hesse Boosts Customer Response With New Ad Angle. NewsVisual - story behind the story. Published: 06/09/08 10:22 AM EDT. Rating:. Related Stocks: http://finance.myfoxnewmexico.com/www.shannonhurley.com?ChannelID=6297&GUID=5687494&Page=MediaViewerHOME |
Cablevision surged 11% on plans by the Dolan family to take the company private, and a deal between PNC and Mercantile boosted financial shares. NetRatings also gained on a takeover offer. ColoradoBiz Magazine:: Jul 18, 2006 Echo Star, DirecTV reportedly considering another merger who controls 90 percent of Echo Star stock, would take no less than $40 per http://www.cobizmag.com/articles.asp?id=1155HOME |
But the biggest news came after the close, when Google confirmed reports that it will acquire YouTube for $1.65 billion.
Volume was light and the bond market was closed because of Columbus Day, but stocks showed resilience, shaking off a North Korean nuclear test and rising oil prices. Earnings reports from Dow components Alcoa and GE will dominate the week's news, along with Federal Reserve meeting minutes and Beige Book summary of economic conditions. Technology earnings reports begin in earnest next week. Capstone Stock Gets a Boost From a Faraway Takeover Battle - Los :: The stock of Chatsworth micro-turbine builder Capstone Turbine Corp. got a boost Monday for its minor role in a takeover battle being waged half a world http://articles.latimes.com/2001/mar/06/business/fi-34023HOME |
AMD lost ground on lukewarm endorsements from analysts, but BMC gained on an upgrade.
Amkor soared after completing an options-related earnings restatement.
Powerwave fell on a warning.
The Nasdaq gained 11 to 2311, the S&P 500 tacked on 1 to 1350, and the Dow added 7 to 11,857. Volume declined to 1.96 billion shares on the NYSE, and 1.55 billion on the Nasdaq. Advancers led 19-12 on the NYSE, and 18-12 on the Nasdaq. Upside volume was 59% on the NYSE, and 63% on the Nasdaq. New highs-new lows were 187-13 on the NYSE, and 159-43 on the Nasdaq.
Microsoft Dragged Into IBM SCO Legal Tussle
Feds Indict Two For Internet Scam
|