FPL is reported to buy Constellation Energy for $11 billion. The first deal to be completed since the utility industry deregulation by Congress. A flood of economic reports await investors in the last week before the holiday period begins. Reports on housing market, PPI, durable goods orders are just a few of many economic reports that investors will have to digest during this week. Investors will also closely watch earnings from Morgan Stanley, FedEx, Nike and General Mills. |
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