Monday, July 23, 2007

US STOCKS-Wall St shares gain on deal news, earnings

(Reuters) - NEW YORK, July 23 - U.S. stock indexes rose on
Monday as deal news and pharmaceutical sector profits renewed
optimism about the equities market after Friday's sell-off.




Merck & Co. , a Dow component, reported quarterly
results above analysts' expectations. Also on Monday,
Transocean Inc. , the world's largest offshore driller,
said it had agreed to buy drilling rig operator GlobalSantaFe
Corp. For details, see [ID:nN23380261]


Read more at Reuters.com Bonds News

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