U.S. stocks turn higher boosted by Wrigley buyout

Date: Mon, 28 Apr 2008 16:01:04 (GMT)

U.S. stocks turn higher boosted by Wrigley buyout

U.S. stocks turn higher on Wrigley buyout with investors keeping a wary
eye on the Fed looking for signals on interest rates.

Mars to buy Wrigley for $23 billion with Buffett's assistance

Chocolate giant Mars Inc., with financial backing from Warren Buffett's
Berkshire Hathaway Inc., has inked a pact to buy gum pioneer Wrigley for
about $23 billion.

Verizon profit rises 10% on wireless growth

Verizon Communications Inc. posts a 10% increase in first-quarter profit
as the carrier adds 1.5 million wireless customers and more than 250,000
video subscribers.

Tracinda bids $8.50 a share for 20 million Ford shares

Kirk Kerkorian on Monday bid $8.50 a share for up to 20 million shares
of Ford, valuing the struggling car giant's shares at a 13% premium to
their closing level on Friday.

Continental Airlines says it's not interested in merger

Continental Airlines Inc. said Sunday it has no plans to merge with
another airline, apparently scuttling rumors of a possible hookup with
UAL Corp., the parent of United Airlines.