M&A Monday: Four Seasons Gets $3.7B Offer AP via Yahoo! Finance
A $3.7 billion bid to take Four Seasons Hotels Inc. private leads the list of deals announced on Monday. Investors including Microsoft's Bill Gates and Saudi Prince Alwaleed Bin Talal have joined forces with company chief executive Isadore Sharp to offer $82 per share in cash for a 28 percent premium over the hotelier's closing price Friday.
Wall Street Breakfast SeekingAlpha via Yahoo! Finance
A wholesome summary of this morning's key market- and stock-moving stories.
AT A GLANCE: Merger Activity Dominates Markets CattleNetwork.com
A flurry of deal activity in the pharmaceutical, restaurant, hotel and technology industries helped buoy the stock market Monday. Recently, the Dow Jones Industrial Average rose 70, to 12058, the Nasdaq Composite Index gained 27, to 2358, and the Standard & Poor's 500 index was up 10, to 1375.
M&A Monday: Four Seasons gets $3.7B offer Sharewatch
Investors including Microsoft\'s Bill Gates and Saudi Prince Alwaleed Bin Talal have joined forces with company chief executive Isadore Sharp to offer $82 per share in cash for a 28 percent premium over the hotelier\'s closing price Friday.
U.S. stocks rally on deals on day before elections Reuters via Yahoo! News
U.S. stocks rallied on Monday, with the Dow and the S&P 500 making their biggest one-day gains in a month, as investors welcomed a flurry of corporate takeovers a day before U.S. congressional elections.
Bulls make a comeback CNN Money
Stocks surged Monday, recharging the rally after a one-week selloff, as investors welcomed a spate of corporate deals and geared up for Tuesday's congressional elections.
Options Trader: Monday Wrapup SeekingAlpha via Yahoo! Finance
Phil Davis submits: Well that was a nice week's rest wasn't it? Mr. Jones reasserts himself, wiping out 6 sessions of losses in one fell swoop but stopping just over the 12,100 line in a very impressive outing.
Stocks jump as deal flurry boosts optimism Reuters via Yahoo! News
U.S. stocks rallied on Monday, with the Nasdaq Composite Index (.IXIC) making its biggest one-day leap in nearly a month, after a string of corporate takeovers raised investors' optimism about economic growth.
Bulls recharge CNN Money
Stocks rallied Monday afternoon, led by the Nasdaq, as investors recharged the recently-stalled rally thanks to a spate of corporate deals and anticipation about Tuesday's congressional elections.
Stocks rally as deal flurry spurs bulls Reuters via Yahoo! News
U.S. stocks jumped on Monday, with the Nasdaq Composite Index (.IXIC) making its biggest one-day leap in nearly a month, as a flurry of corporate takeovers bolstered investor confidence.