(Reuters) - Merck, a Dow component, posted quarterly results that beat analysts' expectations while Halliburton Co. , the world's No. 2 oil services company, also topped forecasts and its shares rose to their highest since June 2006.
Also on Monday, Transocean Inc. , the world's largest offshore driller, said it had agreed to buy drilling rig operator GlobalSantaFe Corp. for $18 billion. That proposed merger and other smaller deals showed the Wall Street takeover spree still had legs, analysts said.
Read more at Reuters.com Hot Stocks News
Also on Monday, Transocean Inc. , the world's largest offshore driller, said it had agreed to buy drilling rig operator GlobalSantaFe Corp. for $18 billion. That proposed merger and other smaller deals showed the Wall Street takeover spree still had legs, analysts said.
Read more at Reuters.com Hot Stocks News
No comments:
Post a Comment