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July 3, 2006

Stocks rise on rate view

U.S. stocks rose on Monday in a light, holiday-shortened session, as weaker-then-expected economic data increased optimism about the interest-rate outlook and positive news about Citigroup Inc. spurred gains in the banking sector.

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Indonesian stock trading frozen to prevent panic

The president of the Indonesian stock exchange says trading will be suspended indefinitely "to prevent deeper panic" after another huge drop on Wall Street.

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Exec touts possible utility merger

SIOUX FALLS, S.D. -- A stock-for-stock deal that would combine South Dakota energy companies headquartered at opposite ends of the state would benefit customers and shareholders of both, the head of Black Hills Corp. said Monday. Link to original article

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