Strong earnings reports and several big acquisitions pushed stocks higher in afternoon trading Monday.Pride International Inc. jumped 16 percent on Monday after Ensco PLC, a London-based oil rig operator, said it would buy the offshore driller for $7.3 billion.Beckman Coulter Inc. soared 9 percent. The tool maker Danaher Corp.
February 07, 2011 at 12:00 AM
1 minute read
Strong earnings reports and several big acquisitions pushed stocks higher in afternoon trading Monday.
Pride International Inc. jumped 16 percent on Monday after Ensco PLC, a London-based oil rig operator, said it would buy the offshore driller for $7.3 billion.
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