Stocks rise on Kmart-Sears deal, but oil corks gains
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By George Chamberlin , Daily Transcript Financial Correspondent. Stock prices moved sharply higher Wednesday, pushed by a strong earnings report from Hewlett-Packard and a blockbuster deal in the retailing sector.
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NEW YORK - A drop in oil prices and upbeat outlooks from Wal-Mart and Lowe's prompted new bargain-hunting on Wall Street Monday, sending stocks sharply higher. The Dow Jones industrial average was up more than 110 points...
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U.S. stocks rose on Monday, with  investors betting on good earnings news as the fourth-quarter  reporting season kicks off, while a hike in crude to around $47  a barrel boosted oil company shares.
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The Nasdaq rose on Tuesday after strong profit at Apple Inc.  suggested tech stocks may still have room to grow, while disappointing news from retailers, including Wal-Mart Stores Inc , crimped gains in the broad market.
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FEW things stir the heart of stock investors like a huge merger deal. And last week&#39;s shotgun wedding between Kmart and Sears, two limping retailers, was no exception.
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U.S. stocks rose on Monday as oil prices eased a little and Friday's start-of-quarter buying spree continued into the new week.
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Stocks rose on Thursday after brokerages upgraded General Motors Corp.  and Merck & Co.  and McDonald's Corp.  boosted its annual dividend by 50 percent.
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Stocks jumped on Thursday, boosted by a brokerage recommendation of General Motors Corp.  and news of a 50 percent dividend increase from McDonald's Corp. .
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U.S. stocks ended higher on Wednesday  after Kmart's plan to buy Sears in an $11.5 billion deal was  announced and computer maker Hewlett-Packard Co. HPQ.N posted  solid earnings.
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Stocks rose at the open on Thursday after a flurry of retailers such as Wal-Mart Stores Inc.  Target Corp  and J.C. Penney Co. Inc.  released reassuring monthly sales figures and outlooks.
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Shares of Kmart Holding Corp. KMRT.O  hit an all-time high on Tuesday after an analyst raised his  price target on the stock to $101 from $85 a share.
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Stocks rose on Monday, lifted by news Merrill Lynch  plans to sell a lending unit and with investors eyeing retailers as the busy holiday shopping season draws to a close.
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Retailer Sears Holdings Corp.  posted a 20 percent rise in quarterly profit on Thursday, helped by a legal settlement and other special gains, but sales declined at both its Sears and Kmart units as consumers were strapped by rising gasoline prices.
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U.S. stocks rose on Tuesday, getting a  boost from some strong retail earnings, lower oil prices and  two separate economic reports that showed inflationary pressure  was held in check and U.S. housing starts rebounded sharply in  July.
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Stocks rose on Wednesday, lifted by a  merger between retailers Kmart and Sears, better-than-expected  earnings from computer maker Hewlett-Packard and government  data showing a moderate rise in a key U.S.  inflation measure.
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U.S. stocks rose on Wednesday,  extending gains, as oil prices fell sharply after a  higher-than-expected rise in crude stocks last week.
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Stocks advanced on Thursday as a rebound in global equity markets helped boost investment banks' shares and strong earnings from U.S. retailers on strong monthly sales allayed worries about the economy's health.