Wall Street indexes jump on M&A news, profits
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U.S. stock indexes rose on Monday as takeover news and strong profits from blue-chip companies, including Merck & Co. , reassured investors after Friday's sell-off.
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NEW YORK, July 23 -- Stocks rebounded Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking has not disappeared.
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U.S. stocks gained on Friday as stronger-than-expected results from software maker Oracle Corp  and Nike Inc  brightened the profit outlook.
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Stocks advanced on Monday as deal news, including a takeover in the oil services industry worth nearly $18 billion, and strong pharmaceutical sector profits reassured investors after Friday's sell-off.
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Stocks rose on Thursday as forecast-topping results from multinational companies such as IBM and Juniper Networks Inc.  shifted investor focus back to corporate profits and away from subprime mortgage concerns.
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Stocks edged higher on Tuesday as news of planned mergers and acquisitions underpinned optimism about the equities outlook after the long weekend.
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U.S. blue-chip stocks rose on Thursday  as better-than-expected economic data, healthy company earnings  and merger talk lifted the mood on Wall Street.
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U.S. stocks rose on Monday following a  pickup in merger activity in the software and telecom sectors  and better-than-expected retail sales in November, which  signaled an uptick in consumer spending.
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Stocks rose on Monday as stronger-than-expected profits in the pharmaceutical sector and news of a takeover in the oil services industry fueled a rebound from Friday's sell-off.
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Stocks jumped on Tuesday, helped by optimism about the outlook for technology spending and gains in oil prices that lifted energy shares.
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Stocks rose in early trading Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking hasn't disappeared.
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Stocks rose on Friday after a higher profit forecast by Microsoft Corp.  lifted all three major indexes, and an upbeat outlook by lender Countrywide Financial Corp.  stemmed fears of financial-sector losses.
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Leading Wall St shares surged overnight after a bounce in Pfizer&#39;s shares and an upgrade for Intel, sending the Dow to a three-and-a-half year high.
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U.S. stocks rose on Thursday, extending a rebound from last week's sharp sell-off, as investors snapped up financial shares and strong monthly sales from key retailers overshadowed concerns about the subprime mortgage lending market.
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Stock indexes rose on Monday as deal news and pharmaceutical sector profits renewed optimism about the equities market after Friday's sell-off.
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Wall Street started a holiday-shortened session slightly higher on Tuesday, boosted by the latest takeover news, ahead of data on the manufacturing and housing sectors.
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U.S. stocks rose on Monday, rebounding from last week's steep sell-off as optimism that Apple  would deliver strong earnings drove the Nasdaq to a gain of 1 percent.