Monday, July 16, 2007

US STOCKS-Wall St gains on earnings optimism

(Reuters) - NEW YORK, July 16 - U.S. stocks rose on Monday,
with the Dow closing in on the 14,000 milestone, lifted by
earnings optimism and speculation Verizon Communications
could be a takeover target.




Shares of Verizon rose after a Financial Times blog said
Vodafone Group was considering a $160 billion takeover
bid for the U.S. wireless operator. Vodafone denied the report,
but Verizon shares rose 2.2 percent to $42.66.


Read more at Reuters.com Bonds News

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