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  • Deal, Handshake

    The recent spate of  takeovers, particularly in pharmaceuticals, represents the first step in what analysts expect to be a busier second half of the year for mergers and acquisitions.

  • Skeptics correctly point out that last week's trifecta of news (bank earnings above expectations, new limitations on naked short selling for select financials, and the Fed/Treasury helping out Fannies/Freddie), primarily benefited financials. What's changed for everyone else since then, skeptics ask? Not much.

  • money_in_hand_1.jpg

    The dollar slipped on Monday, losing some of its recent momentum, after better-than-expected earnings from Bank of America failed to convince investors that the worst for the U.S. financial sector is over.

  • Gains in financial stocks lifted European shares on Monday as markets cheered Bank of America's stronger-than-expected quarterly results, while declines in Roche offset some of the gains.

  • Stocks advanced, led by a fourth straight rally in bank stocks after Bank of America beat expectations. News of a potential pharma deal also gave the market a boost.

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    Bank of America's quarterly profit fell less than expected despite a surge in bad loans, causing shares of the largest U.S. retail bank and mortgage lender to soar.

  • Bank of America made it four in a row with big banks beating expectations, and beating big: $0.72 is 40 percent higher than the $0.53 expected. Revenues were a knockout as well: $20.32 billion, 10 percent above the estimate of $18.37 billion.

  • Vince Farrell

    Wells Fargo handed in some good results, but watch for trouble out of Wachovia.

  • European stocks were set to inch higher on Monday, extending a three-session rally, as investors brace for a flurry of  corporate earnings from U.S. bellwethers such as Apple , Merck  and Bank of America.

  • Specialist Gregory Zenna, right, directs trading in shares of Verizon on the floor of the New York Stock Exchange, Monday Feb. 14, 2005.  Stocks were narrowly mixed Monday in quiet trading as Wall Street greeted Verizon Communications' $6.7 billion takeover of MCI Corp. with indifference. (AP Photo/Richard Drew)

    Stocks are casting a wary eye on oil and, lacking any dramatic events, earnings news could steer the market.

  • Volatility reigned as the Dow closed below 11,000 for the first time since July, 2006 on Tuesday, followed by a market rally and the biggest 3-day gain of the Dow since March, 2003.

  • Stocks turned mixed Friday as banks rebounded and Google and Microsoft slammed techs.

  • Investors interested in buying and selling U.S. bank stocks based on the performance of the underlying businesses might well have gone on holiday this week  --  and might stay there next week.

  • Stocks resumed their ascent after a midmorning dip as oil began to recede and financials rallied.

  • Stocks resumed their ascent after a midmorning dip as oil began to recede and financials rallied.

  • The financial-driven rally lost steam, leaving stocks mixed, as oil rebounded and the Philadelphia Federal Reserve reported weaker-than-expected manufacturing activity in its region.

  • Stocks continued to rally Thursday, fueled by better-than-expected housing data and after three Dow components beat earnings forecasts.

  • Wells Fargo led U.S. bank shares to big gains Wednesday after reporting a surprisingly high profit and increasing its dividend.

  • The SEC issued its emergency ruling against naked short-selling Tuesday to build investor confidence regarding market information, SEC Chairman Christopher Cox told CNBC.

  • Stocks closed with huge gains as drop in oil prices boosted sectors previously battered by energy costs. Financials also moved sharply higher.