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M&A deals lift shares, suggest more value in market

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NEW YORK (Reuters) – U. S. stocks rose on Tuesday as merger activity suggested the market could offer investors still more value even as the S&P 500 and Dow industrials hover near five-year highs. Equities have resisted a pullback as investors use dips in stocks as buying opportunities. The S&P is up about 7 percent so far in 2013 and has climbed for the past seven weeks in its longest weekly winning streak since January 2011, though most of the weekly gains have been slim. Office Depot Inc surged 9. . . .

View full post on Business News Headlines – Yahoo! News


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