(Bloomberg) -- Takeovers and earnings that topped
analysts' estimates sent U.S. stocks to a fourth straight day of
gains, extending the market's record-breaking rally.
A.G. Edwards Inc. rose the most in two decades after
Wachovia Corp. said it will buy the company for about $6.8
billion in the biggest acquisition of a U.S. brokerage firm in
almost seven years. Ciena Corp. and Novell Inc. led technology
shares higher after reporting sales increases. Apple Inc. climbed
to a record after analysts raised its share-price forecast.
Read more at Bloomberg Stocks News
analysts' estimates sent U.S. stocks to a fourth straight day of
gains, extending the market's record-breaking rally.
A.G. Edwards Inc. rose the most in two decades after
Wachovia Corp. said it will buy the company for about $6.8
billion in the biggest acquisition of a U.S. brokerage firm in
almost seven years. Ciena Corp. and Novell Inc. led technology
shares higher after reporting sales increases. Apple Inc. climbed
to a record after analysts raised its share-price forecast.
Read more at Bloomberg Stocks News
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