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Stocks rise on mergers, homebuilder outlook – Los Angeles Times


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Stocks rise on mergers, homebuilder outlook
Los Angeles Times
Stocks posted their biggest gains in almost two months. Two big deals suggested growing confidence in the economy: Luxury retailer Neiman Marcus was sold for $ 6 billion, and Koch Industries bought electronics component maker Molex for $ 7.2 billion.
Stocks post biggest gains in 2 monthsNewsday

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