(Bloomberg) -- U.S. stocks rose for a second day
after factory orders fell less than forecast and Kraft Foods
Inc.'s $7.2 billion takeover bid for a unit of Groupe Danone SA
fanned speculation mergers will extend this year's rally.
Wendy's International Inc., the third-biggest hamburger
chain, advanced after billionaire investor Nelson Peltz said he
may make a bid for the company. Apple Inc. rose after Goldman,
Sachs & Co. said the iPhone sold twice as fast as forecast.
Read more at Bloomberg Stocks News
after factory orders fell less than forecast and Kraft Foods
Inc.'s $7.2 billion takeover bid for a unit of Groupe Danone SA
fanned speculation mergers will extend this year's rally.
Wendy's International Inc., the third-biggest hamburger
chain, advanced after billionaire investor Nelson Peltz said he
may make a bid for the company. Apple Inc. rose after Goldman,
Sachs & Co. said the iPhone sold twice as fast as forecast.
Read more at Bloomberg Stocks News
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