World Stock Markets Daily Report (February 08, 2011)

And there was me thinking that most of the money had come into equities this month, well it seems plenty more to come in not just from Bonds (akin to Exodus). But also from Emerging markets as Egypt's deal breaking down. The US M+A cavalry coming over the hill Monday. Maybe it's a sign of a bull market when a bunch of companies most folks have never heard of start throwing billions around. Danaher DHR is buying lab equipment maker Beckman Coulter BEC for $6.8bln and Ensco is buying driller Pride Intl (+15%) for $7.3bln in the oil & gas space. Even Warren Buffet getting in on the act as buying out rest of Wesco for $568m and he's also pumping $3.5bln into his monster purchase of last year BNSF. Continue reading the article.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Intraday UpdateHealth CareHealth Care EquipmentIndustrial MachineryIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!