Monday, June 18, 2007

US STOCKS-Wall St set to open higher on deal speculation

(Reuters) - NEW YORK, June 18 - U.S. stocks were poised to
open higher on Monday, boosted by deal news including a report
that BHP Billiton has revived plans for a $40 billion takeover
of aluminum producer Alcoa Inc. .




Shares of Alcoa rose 2.4 percent in trading before the bell
after the Times newspaper in London reported BHP Billiton
Ltd./Plc , the world's biggest mining group,
may bid for the aluminium producer.


Read more at Reuters.com Bonds News

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