Reply #5: Merger news [View All]

[JNelson6563]

Reuters
Bank of America to Buy FleetBoston
Monday October 27, 7:10 am ET

NEW YORK (Reuters) - Bank of America Corp. (NYSE:BAC - News), the third-biggest U.S. bank, on Monday said it agreed to buy FleetBoston Financial Corp. (NYSE:FBF - News), the No. 7 bank, for nearly $47 billion in stock.
Bank of America, based in Charlotte, North Carolina, will pay $45 per share for Fleet in an all-stock transaction. Shares of FleetBoston closed at $31.80 in Friday trading on the New York Stock Exchange

http://biz.yahoo.com/rb/031027/financial_fleet_2.html

Reuters
Stocks to Watch Monday
Monday October 27, 7:16 am ET

NEW YORK (Reuters) - Stocks to watch: WELLPOINT HEALTH NETWORKS INC. (NYSE:WLP - News)
WellPoint on Monday said its quarterly profit rose, as the second biggest health insurer kept premiums steep enough to cover soaring medical costs. Its shares ended Friday at $83.93.

ANTHEM INC. (NYSE:ATH - News)

Anthem, which agreed to acquire WellPoint Health Networks Inc. on Monday, also reported higher quarterly earnings, as it gained members and raised premiums. Its shares ended Friday at $77.26.

HUMANA INC. (NYSE:HUM - News)

Humana said on Monday it posted a higher third-quarter profit as the health insurer kept premiums ahead of racing medical costs. Its shares ended Friday at $19.76.

TRIAD HOSPITALS INC. (NYSE:TRI - News)

Triad on Monday reported a fall in quarterly profit after a charge for unpaid bills, mostly from uninsured patients. Its shares ended Friday at $28.60.

http://biz.yahoo.com/rb/031027/markets_stocks_headlines_2.html (more)

Futures have gotten happier than when I first looked in. :shrug:

Julie