Nasdaq
powered by Intel
5:19 p ET
The Nasdaq composite index surged to its highest close in more than two
months Monday, coming within 80 points of wiping out all its losses for
the year, lifted by a Intel, which rose on positive comments from a Wall
Street brokerage (full
story).
Berkshire
Hathaway to Buy Justin
Omaha
(Reuters) - Warren Buffett's holding company Bershire Hathaway,
Inc. (BRKA.N) said it agreed to buy footwear and building materials
manufacturer Justin Industries Inc. (JSTN.O) for about $600 million
on Tuesday, in a deal that would bring the Acme building brand into
Bershire Hathaway's manufacturing portfolio.
Carnival Shares Sink on
Earnings Report
Miami (Reuters) - Carnival Corp. (CCL.N)
signaled to investors on Tuesday that profitability was flagging at the
world's biggest cruise group. igniting fresh sell-offs in Carnival and
rival Royal Caribbean Cruises Ltd. (RCL.N) shares.
Vivendi, Seagram, Canal
Plus Form Media Giant
Paris (Reuters) - France's Vivendi, its
Canal Plus pay-TV unit and Canada's Seagram Co said on Tuesday they would
merge in a $34 billion all-share deal that creates a new global media
powerhouse to rival AOL-Time Warner.
| Markets |
At
Close |
| Dow |
10557.84 |
108.54 |
| Nasdaq |
3989.83 |
129.27 |
| S&P 500 |
1484.44 |
19.98 |
| Russell 2000 |
522.79 |
9.05 |
| NYSE |
654.35 |
4.67 |
|