June 13, 2011 at 10:35 AM EDT
M&A Deals Lift Stock ETFs
Stock exchange traded funds rose Monday morning after a six-week losing streak as several corporate deals helped lift equities. VF Corp. (NYSE: VFC) announced a $2 billion deal for Timberland (NYSE: TBL). VF shares vaulted about 11% while Timberland surged more than 40% on the news. The deal...
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