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Market Update : 
Bear Bid Revised to $10, Tiffany Surges
Author: 123jump.com Staff
123jump.com
Last Update: 10:16 AM EDT March 24 2008


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U.S. stocks rose in the morning trading, extending a two-day rally. JP Morgan lifted its Bear Stearns bid to $10 per share from $2 as Bear Stearns shareholders mounted aggressive campaign to scuttle the deal. Dow, Nasdaq, and S&P 500 jumped 1% in the morning trading. Tiffany soared 13% after it reported better than expected earnings. Walgreen Co earnings jumped 5% on 10% rise in sales.

 

 

 
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