Tuesday, November 3, 2009

Despite positive deal news, 29 of 30 DJIA stocks down(JNJ, BDK, SWK)

Berkshire(BRK.A) buying Burlington Northern Santa Fe(BNI), and a big accretive merger between Black & Decker(BDK) and Stanley Works(SWK), yet 29 of 30 DJIA stocks are in negative territory?

The only name in positive territory is Johnson & Johnson, up a little after announcing some cost cuts that should boost profitability.

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