Monday, June 4, 2007

Most U.S. Stocks Rise on Acquisitions; Wal-Mart, Solectron Lead Advance

(Bloomberg) -- Most U.S. stocks climbed after
analysts upgraded Wal-Mart Stores Inc. and acquisitions boosted
energy and technology shares.

Wal-Mart had its best two-day gain since August 2002 after
at least four brokerages increased their ratings on the world's
largest retailer. Solectron Corp. jumped the most in the Standard
& Poor's 500 Index after the electronics manufacturer agreed to
be acquired by rival Flextronics International Ltd. Oil-related
shares in the S&P 500 jumped to a record, buoyed by higher crude
prices and the $6.5 billion sale of Dominion Resources Inc.'s
onshore oil and gas properties.


Read more at Bloomberg Stocks News

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