This meat products company did so well in the third-quarter that it's "working hard to stay independent," says CNBC's Jim Cramer.» Read More
*A Republican-run Senate would be more open to trade deals. A Republican victory in the Senate may prevent the chamber's Democrats, backed by labor unions concerned about the impact of free trade on American jobs, from blocking trade legislation favored by both President Barack Obama and Republican leaders.
Jim Cramer has quite an appetite for value. And he’s just discovered a mouth-watering new idea.
US stocks mostly fell on Tuesday morning after closing at record highs.
Some of Tuesday's midday movers:
U.S. stock index futures pointed to a lower start to Wall Street trade on Tuesday, despite more upbeat news out of China.
Some of the nation's leading businesses are prodding lawmakers to act on immigration as the issue enters a critical phase on Capitol Hill.
Asia stocks ended mostly higher on Tuesday following a pick up in Chinese consumer inflation, but Japanese shares fell on profit-taking.
*Apple attracts heavy trading following stock split. *International Game Technology shares fly after Reuters report. NEW YORK, June 9- The Dow and S&P 500 ended at record highs again on Monday as more deal news raised enthusiasm for stocks, though Wall Street's fear gauge advanced.
U.S. stocks tallied slight gains on Monday, with benchmark indexes again closing at records.
Tyson Foods CEO Donnie Smith discusses the strategic opportunity the Hillshire Brands deal presents as well as long-term shareholder value.
*Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks were nearly flat on Monday after the Dow and S&P 500 hit intraday record highs again on more deal news, while Wall Street's fear gauge rebounded.
Tyson Foods announced on Monday it has acquired Hillshire Brands in a deal it valued at about $8.55 billion.
*Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks edged higher on Monday, pushing the Dow and S&P 500 to intraday record highs again after a series of deals, though Wall Street's fear gauge also bounced back. Merck& Co said it has agreed to buy Idenix Pharmaceuticals Inc in a deal valued at about $3.85 billion.
June 9- Tyson Foods Inc won the bidding war for Hillshire Brands Co with an all-cash offer that values the maker of Jimmy Dean sausages at $8.55 billion including debt and would be the biggest deal yet in the global meat business.
Some of Monday's midday movers:
*Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks advanced on Monday, boosted by a number of major acquisition deals, though gains were slight with key indexes continuing to hover around records. While Wall Street's upward trend looks intact, traders may need new catalysts to bid the market up further lest the momentum runs out of steam.
June 8- Tyson Foods Inc prevailed over Pilgrim's Pride Corp in a bidding war between meat processors over Hillshire Brands Co, with an increased offer valuing the maker of Jimmy Dean sausages at $8.55 billion including debt. Pilgrim's Pride said it had withdrawn its offer.
U.S. stock index futures pointed to a flat-to-lower open on Wall Street on Monday, despite upbeat data from China and Japan.
Tyson Foods has won the battle to buy Hillshire Brands. The "Squawk on the Street" crew discuss the deal, which would value Hillshire at $7.7 billion, 71 percent higher than its market capitalization before bidders emerged for the company.
*Apple may see heavy action following stock split. NEW YORK, June 9- U.S. stock index futures pointed to modest losses at the open on Monday, as a rash of corporate deals weren't enough reason for investors to keep buying following a rally that has taken major indexes to repeated record highs.