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Campbell's Soup To Buy Snyder's-Lance For Nearly $5 Billion

Campbell's Soup To Buy Snyder's-Lance For Nearly $5 Billion”

Technology companies climbed, as did banks and retailers, which are likely to see lower taxes.

The Dow Jones added over 191 points at 24,845. The Nasdaq composite traded above 7,000 for the first time but later slipped below that milestone.

United States benchmarks were still higher at mid-session as sentiment was buoyed by Republicans in Congress appeared to shore up support to pass their tax plan. Congressional Republicans are scheduled to start voting on the legislation today.

The bill, a key plank of President Trump's policy, promises to cut the corporate tax rate, which is highly significant for smaller USA focused group, reportedly, because they pay higher rates than larger, more multi-national firms.

This effort would primarily target duplication in the companies' manufacturing, warehouse and distribution operations, he said. That puts the deal's value at $4.87 billion.

Shares of Campbell Soup and Snyder's-Lance have risen after a report that the soup company is in advanced talks to buy the pretzel maker. Amplify's foods include Skinny Pop popcorn, Tyrrells potato chips and Oatmega protein bars.

Trump officials demand Mueller return thousands of emails
On Friday, the President was asked by a reporter if he thought Mueller's team was biased. At issue is how the special counsel obtained the materials.

Oreo for the Samsung Galaxy Note 8 leaked
All it does is get the beta users back on to the table channel without having to flash Android 8.0 Oreo manually. The Android 8.1 Oreo update for Nexus 6P also bumps up the Android security patch level to December 5, 2017.

Soulcalibur VI will cover the events of the original
We also get an introduction by the man at the helm of the game, who is former Tekken 7 Producer Motohiro Okubo. The latest chapter will revisit events from the original Soul Calibur to uncover hidden secrets.

Four percent is not bad, said Mitchell B. Pinheiro, who works in portfolio management and research at Costello Asset Management Inc.in Feasterville and has followed Campbell for many years. On Monday its stock jumped $5.01, or 71.6 percent, to $12.01.

Financial companies including regional US banks did well Monday. The Camden firm had adjusted earnings before interest and taxes, or EBIT, of $1.49 billion, for fiscal 2017, a 2 percent gain.

The tech heavy Nasdaq index gained nearly 53 points at 6,989. This represents a premium of 27 percent of the company's closing price on December 13.

United States crude (West Texas intermediate) was down 0.05% to US$57.27 a barrel.

Gold rose $8 to $1,265.50 an ounce.

In Toronto, the TSX added 137 points at 16,178. Copper picked up 1 cent to $3.15 a pound.



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