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Market Update Analysis: 
GE and Pearson Consider Joint Bid for Dow Jones
Author: Elena Todorova
123jump.com
Last Update: 10:13 AM EDT June 18 2007


U.S. stock market advanced at opening Monday, trying to extend last-week rally on the back of deal-making news. Dow component Alcoa gained 2% after a report said that BHP Billiton was considering a $40 billion acquisition bid of the aluminum producer. Boeing also drew attention as the Paris Air Show began and the airline carrier signed two small contracts. The stock lost 0.3%.

 

 

 

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