(Bloomberg) -- U.S. stocks rallied the most in a
week on $35 billion in acquisitions and Merck & Co.'s better-
than-forecast earnings.
GlobalSantaFe Corp., the second-biggest offshore oil and
gas driller, climbed to a record after agreeing to be bought by
larger rival Transocean Inc. Merck, the third-largest U.S.
drugmaker, had its steepest gain since April and accounted for
almost a third of the Dow Jones Industrial Average's advance.
Read more at Bloomberg Stocks News
week on $35 billion in acquisitions and Merck & Co.'s better-
than-forecast earnings.
GlobalSantaFe Corp., the second-biggest offshore oil and
gas driller, climbed to a record after agreeing to be bought by
larger rival Transocean Inc. Merck, the third-largest U.S.
drugmaker, had its steepest gain since April and accounted for
almost a third of the Dow Jones Industrial Average's advance.
Read more at Bloomberg Stocks News
No comments:
Post a Comment