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AP - Easing concerns about debt problems overseas and a $29 billion takeover deal by Exxon Mobil Corp. nudged major stock indexes to new highs for the year. The market climbed Monday after the Middle Eastern city-state of Abu Dhabi extended $10 billion to nearby Dubai to help the emirate make debt payments. Meanwhile, Exxon Mobil said it would acquire XTO Energy Inc.

AP - The Nasdaq Stock Market on Monday said it will delist the stocks of three small companies: Teton Energy Corp., Altus Pharmaceuticals Inc., and UCBH Holdings Inc.

AP - The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

With the financial sector in a correction, key survivors are newly humbled banks that can still afford bargain takeovers. There are 2 standouts now: 1 to buy, 1 to watch.

AP - Shares of Harmonic Inc., a provider of broadcast and video delivery systems, rose Monday after a CL King analyst upgraded the stock, citing positive factors including rising orders in India and China.

AP - A look at economic developments and activity in major stock markets around the world Monday:

The FTSE 100 index built on last week's gains after news that oil-rich Abu Dhabi would help bail out neighbouring Dubai and a move by US banking giant Citigroup to exit a US government bailout.(AFP/File/Ben Stansall)AFP - The FTSE 100 index built on last week’s gains after news that oil-rich Abu Dhabi would help bail out neighbouring Dubai and a move by US banking giant Citigroup to exit a US government bailout.


Reuters - Toronto’s main stock index rose to a one-week high on Monday as a takeover by Exxon Mobil raised optimism about energy sector acquisitions, while an Abu Dhabi aid package for Dubai helped spark financials.

FILE - In this Nov. 27, 2009 file photo, traders move about the floor of the New York Stock Exchange in New York shortly before the opening bell. Stocks edged higher Monday, Dec. 14, 2009, after a bailout of the troubled emirate of Dubai helped allay concerns that another wave of global credit problems might be on the way.(AP Photo/Peter Morgan, File)AP - Easing concerns about debt problems overseas and a $29 billion takeover deal by Exxon Mobil Corp. nudged major stock indexes to new highs for the year.


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