Friday, July 6, 2007

U.S. Stocks Advance on Takeovers; CBOT Holdings, Exxon Mobil Shares Rise

(Bloomberg) -- U.S. stocks climbed and the Standard
& Poor's 500 Index posted its biggest weekly advance since
April, helped by takeovers and improved earnings prospects for
energy companies.

CBOT Holdings Inc., owner of the third-largest futures
exchange, climbed to a record after the Chicago Mercantile
Exchange raised its acquisition offer. Exxon Mobil Corp., the
world's biggest oil company, led energy producers to a peak
after crude oil jumped to a 10-month high.


Read more at Bloomberg Stocks News

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