Frontier, Holly Move Closer To Merger

Two refiners, Holly (HOC) and Frontier Oil (FTO), rose Tuesday after agreeing to settle a series of shareholder lawsuits, clearing the path for their $2.85 billion merger announced in February. Holly shares rose 4%, ending 5% above a 63.44 buy point in a cup-with-handle base. The stock first cleared the buy point June 14. Frontier also gained 4%, briefly topping a 32.47 buy point on a base but closing below it. (The handle in Frontier's base