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Stocks leap on new JPMorgan-Bear deal (AP)

Started by riky, March 24, 2008, 06:01:23 PM

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riky

Stocks leap on new JPMorgan-Bear deal
    (AP)

 


<p>You are not allowed to view links. Register or LoginAP - Wall Street extended its big advance Monday as investors applauded a new agreement that will give Bear Stearns Cos. shareholders five times the payout than was outlined in a JPMorgan Chase & Co. buyout deal a week ago. Investors were also pleased by a stronger-than-expected housing report and sent the Dow Jones industrial average up about 225 points.</p><br clear="all"/>


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