Indexes rise on mergers
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Stocks rose on Tuesday as a drop in oil futures and a flurry of merger deals, including one between Sirius Satellite Radio and XM Satellite Radio, helped rekindle interest in recently battered tech shares.
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Stocks rebounded on Wednesday, pushing the S&P 500 and the Nasdaq up more than 2 percent, after investors snapped up beaten down technology shares, while the energy sector benefited from a surge in oil prices.
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Financial stocks got a lift Tuesday as speculation about merger and acquisition activity was injected into the market after Citigroup Inc.
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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.
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Shares surged yesterday, pushing up the Dow Jones industrials by more than 100 points as a report that two companies are independently trying to buy Alcoa fueled hopes for a pickup in takeover activity.
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Mergers &amp; acquisitions activity drove European stock markets to their highest level in more than six years on Tuesday morning.
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Europe's major stock indices have climbed after Wall Street had rebounded overnight, and on takeover news which included a multi-billion-dollar buy-out of Australian airline Qantas.
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Stocks rose on Thursday as a rebound in global equity markets helped boost investment banks' shares and some U.S. retailers' robust monthly sales allayed worries about the economy's health.
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Stocks rose on Tuesday as a rise in oil prices spurred gains in shares of energy companies and news of an executive reshuffle at Starbucks Corp  buoyed hopes of a turnaround at the top coffee chain.
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Major indexes rose today as investors were assuaged by solid earnings results from blue-chip names.
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Stocks jumped on Wednesday on news of  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 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. blue-chip stocks ended higher on Tuesday after stronger-than-expected profits and more merger news.
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U.S. stock indexes rose Thursday on several merger reports and a trademark agreement between Apple Inc. and Cisco Systems Inc.  The Dow Jones industrial average climbed 7.29 or 0.06 percent to 12,745.70 in mid-morning trading.
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Software stocks rose on Friday on speculation there may be more mergers in the industry after a US judge allowed Oracle Corp. to proceed with its takeover of rival PeopleSoft Inc.
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Upbeat economic news and a lot of merger and acquisition activity have stocks rising on Wall Street ahead of the Federal Reserve&#39;s decision on interest rates tomorrow.
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The stock market surged during abbreviated trading last week, propelled by the wave of mergers and acquisitions that has buoyed it for months.