Markets: Intel, IBM shares rise after results; Motorola falls

Quotes & News:
4:30 pm ET Oct 17, 2006

DJIA

11,950

-30.58
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S&P

1,364

-5.00
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NASDAQ

2,344

-18.89
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10Yr

4.78%

-0.010
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Intel, IBM shares rise after results; Motorola falls

SAN FRANCISCO -- Shares of Intel Corp. and International Business
Machines Inc. rose in late trading Monday evening after the chipmaker
and the technology giant posted financial results above Wall Street's
expectations, while shares of Motorola Inc lost ground after the company
posted a shortfall in quarterly sales.
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Broad business gains power Merrill Lynch to higher profit

NEW YORK -- Merrill Lynch & Co. said Tuesday that third-quarter
earnings more than doubled from year-ago levels as the brokerage giant
booked a one-time net benefit of $1.1 billion from its merger with
asset-management firm BlackRock.
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Chicago Merc plans to buy CBOT for $8 billion in stock, cash

NEW YORK -- The Chicago Mercantile Exchange, in a bid to win more of the
booming market for derivatives, reached an agreement to buy the Chicago
Board of Trade for about $8 billion in stock and cash, the companies
said Tuesday.
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Eli Lilly to buy Cialis partner Icos for about $2.1 billion

NEW YORK -- Eli Lilly & Co. on Tuesday said it agreed to acquire Icos
Corp., its partner in the production and marketing of
erectile-dysfunction drug Cialis, for about $2.1 billion.
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Economic Report: PPI falls 1.3% on record drop in gas prices

WASHINGTON -- Wholesale prices plunged 1.3% in September as the price of
energy goods tumbled at the fastest rate in 20 years, the government
said Tuesday.