U.S. Stocks Rise on Wrigley Ford

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Market Update :

U.S. Stocks Rise on Wrigley, Ford

Author: 123jump.com Staff
123jump.com
Last Update: 6:10 PM EDT April 28 2008

U.S. stocks traded in a tight range ahead of a rate decision from the Fed on Wednesday. Mars agreed to acquire Wrigley for $80 per share or $23 billion in cash. The deal will be financed by Goldman Sachs, Berkshire Hathaway and the company. Verizon and Humana closed higher after the earnings. RadioShack and AlbertoCulver fell after the earnings. Visa fell in the after hours trading after it reported 39 cents per share or 52 cents per share on adjusted basis. Southern Copper Peru declined.

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