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.