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Article: FirstAlert(tm) Daily 11/10: Hostile, But Cheesy.
- Article from:
- Investrend
- Article date:
- November 10, 2009
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Nov 10, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/11/10/firstalerttm-daily-1110-hostile-but-cheesy/)
- Commentary -
November 10, 2009 (FinancialWire) (By Philip Holmes) -- Stocks ended higher on Monday as word filtered in that government bailout fever has gone worldwide again. Investors were also cheered by renewed bullish sentiment on the M&A front, with Kraft Foods (NYSE: KFT) leading the pack by going hostile in its bid for Britain's Cadbury (NYSE: CBY).
The Dow Jones industrial average ended the trading day at 10,226.94, up by 203.52 points, while the Standard & Poor's 500-stock index ...