Tuesday's midday trade: M&A, outlook for Greece aid lift stocks

Posted by 7Star Wednesday, March 3, 2010

US stocks gained on Tuesday as an increase in mergers and acquisitions and signs of progress in securing European financial backing for Greece eased investor fears. Adding to optimism, fertiliser maker CF Industries raised its hostile bid for Terra Industries Inc, while Dow Chemical said it will sell one of its units that make latex, rubber and related plastics to private equity firm Bain Capital Partners.

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