Monday, June 18, 2007

Wall St. set for higher open on M&A

(Reuters) - Shares of Alcoa rose 3 percent in Europe after the Times newspaper in London reported BHP Billiton Ltd./Plc , the world's biggest mining group, has revived plans for a $40 billion takeover of the aluminum producer.




In other deal news, General Electric Co. and Pearson Plc may challenge News Corp.'s $5 billion bid for Dow Jones & Co. with a plan that could let Dow Jones's controlling Bancroft family keep an interest in the company, the Financial Times and The Wall Street Journal reported on their Web sites.


Read more at Reuters.com Hot Stocks News

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