Macy's stock rises on report of possible bid
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Shares of Macy's Inc.  rose more than 12 percent on Wednesday after an unconfirmed report that private equity firm Kohlberg Kravis Roberts & Co. was considering a bid for the department store chain.
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U.S. stocks rose on Tuesday, pushing  the Dow and S&P 500 to fresh 2005 highs, as retail shares got a  boost from better-than-expected January retail sales, while an  unsolicited bid for Circuit City Stores Inc.CC.N raised hopes  for more M&A activity to come.
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U.S. stocks rose on Wednesday as Home Depot Inc.'s  plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. .
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U.S. stocks rose in light trading before a holiday on Friday as takeover news, including Nasdaq Stock Market Inc.'s  plan to buy a Nordic exchanges company, revived appetite for equities.
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Shares of Macy's Inc.  rose as much as 10 percent on Friday and its options volume surged on speculation that the retailer, whose same-store sales have been disappointing in recent months, was ripe for a takeover.
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Stocks were expected to open higher on Tuesday as news of proposed mergers and acquisitions underpinned optimism about the equities outlook after the holiday weekend.
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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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Stocks rose on Wednesday as Home Depot Inc.'s  plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. .
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Macy's Inc  reported a 2.4 percent rise in August sales at stores open at least one full fiscal year on Thursday as it boosted promotions.
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Reports of strong holiday retail sales looked to propel US stocks to big gains at the start of trading Monday.
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Stocks rose in light trading on Friday before a holiday, as Nasdaq Stock Market Inc.'s  plan to buy a Nordic exchanges company restored enthusiasm about takeover activity.
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Federated Department Stores Inc.  , parent of Macy's and Bloomingdale's, on Thursday  reported an 8.5 percent rise in November sales at stores open  at least one full fiscal year.
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U.S. stock futures rose on Wednesday, helped by news of a $22.5 billion share repurchase plan from Home Depot Inc.  and investment bank Morgan Stanley's  stronger-than-expected profit.
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Credit Suisse shares rose on Tuesday amid hopes Switzerland's second-largest financial group will step up the pace of restructuring, prompted by a report that it is seeking buyers for its Winterthur insurance ...
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Multiple bids could drive the company's stock even higher.
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European stock markets have risen as investors reacted to a series of newspaper reports suggesting possible takeover deals.
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Stocks rose on Thursday, after data suggested a stronger-than-expected jobs market and an upgrade of General Motors Corp.  sent the auto maker's shares higher.