(Reuters) - NEW YORK, July 3 - U.S. stocks gained in a
holiday-shortened session on Tuesday, lifted by fresh takeover
talk and after a report suggesting Apple Inc. will
generate fat profit margins on its iPhone.
Deal news again contributed to the gains. Shares of
Wendy's International Inc. rose 2.7 percent to $38.39
after billionaire investor Nelson Peltz said his Triarc Cos.
Inc. would be a "natural, strategic buyer" of the
fast-food chain.
Read more at Reuters.com Bonds News
holiday-shortened session on Tuesday, lifted by fresh takeover
talk and after a report suggesting Apple Inc. will
generate fat profit margins on its iPhone.
Deal news again contributed to the gains. Shares of
Wendy's International Inc. rose 2.7 percent to $38.39
after billionaire investor Nelson Peltz said his Triarc Cos.
Inc. would be a "natural, strategic buyer" of the
fast-food chain.
Read more at Reuters.com Bonds News
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