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Stocks Trade Higher on Report Bear Stearns Could Fetch More Than Initial Offer

Iniciado por bluexip, Março 24, 2008, 15:10

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bluexip


:)

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Stocks rose on a New York Times report that JPMorgan Chase & Co. is in talks to boost its offer to $10 per share from $2. The discussions are aimed at soothing Bear Stearns shareholders upset over JPMorgan's earlier offer, which was made at the behest of the Federal Reserve when Bear Stearns was near collapse.


http://biz.yahoo.com/ap/080324/wall_street.html
Ever wonder why fund managers can't beat the S&P 500? 'Cause they're sheep, and sheep get slaughtered.
- Gordon Gekko in Wall Street