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November 26, 2007

Stocks Inch Higher in Choppy Trading

Reports of some M&A overseas seemed to rouse investors but indexes may tread water Monday in the absence of new economic data

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Cairn, Lonmin beat stalled FTSE

A b roker tip on Vodafone proved insufficient to prop up London's top stocks, which stalled in reaction to declines on Wall Street. But Cairn Energy, Sainsbury and Lonmin all beat the trend amid whispers of corporate action .

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Movers: H&R Block, Freddie Mac, Chico's FAS, Sears

Thursday's stocks in the news

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Nasdaq abandons LSE stake for OMX focus

Nasdaq Stock Market Inc. said Monday it has finally abandoned hopes to acquire the London Stock Exchange and will sell its 31 percent in the U.K. market to focus on a takeover battle for Sweden's OMX AB.

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