Wednesday, May 9, 2007

Headlines Tell The Tale of the Tape

All three of the following headlines are from Bloomberg.

1.) U.S. Stocks Rise on Profits, Takeover Speculation; Alltel Jumps

2.) European Stocks Advance on Takeover Outlook, Led by Rio; Ericsson Declines

3.) Asian Stocks Rise to a Record on M&A Speculation; Rio, Sumitomo Metal Gain

All three regions of the world are in the middle of a merger boom. Investors are looking for the next big consolidation.