Reuters - Phelps Dodge Corp. on
Monday said it would acquire Canada's Inco Ltd. and
Falconbridge Ltd. for about $40 billion in a blockbuster deal
to create the world's largest nickel miner and largest
publicly-listed copper producer.
Reuters - Berkshire Hathaway Inc. (BRKa.N)
(BRKb.N) shares fell on Monday after Chairman Warren Buffett
said he would give most of his $44 billion fortune to the Bill
& Melinda Gates Foundation and other charities.
Reuters - Johnson & Johnson said
on Monday it would buy Pfizer Inc.'s consumer
health-care business for $16.6 billion in cash to increase its
lead in the market for non-prescription health products.
Reuters - U.S. stocks rose on Monday as several
acquisitions gave investors reason to buy equities in a market
otherwise jittery about the Federal Reserve's meeting this week
and the prospect of higher interest rates.