Merger activity boosts US stocks

A burst of merger activity sent US stocks higher today.

Mon, 27 Oct, 2003 - 22:04

A burst of merger activity sent US stocks higher today.

Bank of America‘s proposed purchase of FleetBoston Financial and Anthem’s plan to buy rival WellPoint Health Networks signalled a growing confidence in the nation’s business climate.

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CourtsHeathrowPlace: USPlace: BostonPlace: AmericaPlace: WashingtonPlace: Mid-AtlanticPerson: John C. ForelliPerson: ForelliPerson: Matt KelmonOrganisation: Bank of AmericaOrganisation: FleetBoston FinancialOrganisation: AnthemOrganisation: WellPoint Health NetworksOrganisation: Independence Investment LLCOrganisation: NasdaqOrganisation: Kelmoore Strategy FundsOrganisation: FleetBostonOrganisation: Blue CrossOrganisation: Blue ShieldOrganisation: UnitedHealth GroupOrganisation: Procter & GambleOrganisation: TideOrganisation: PampersOrganisation: ClairolOrganisation: International PaperOrganisation: American ExpressOrganisation: New York Stock Exchange
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