Stocks rise as Dow jumps on GE deal

April 10, 2015 2:42 PM

53 0

Stocks rose in morning trading Friday as Wall Street aims for a third straight day of gains.

Markets got a boost from GE (GE) as its shares surged more than 8% on a deal to sell the bulk of its GE Capital banking business that could give shareholders a potential $90 billion return. The company also announced a $50 billion buyback.

Also read: Consolidated Communications to buy FairPoint in $1.5 billion deal

Read more

To category page

Loading...