Stocks Rise on Merger News; Alcoa Makes Bid for Alcan

• May 7, 2007
• Darren Wong

Deal news continues to drive the markets higher.  Shares
of aluminum producer Alcan
(
AL |
Quote |
Chart |
News |
PowerRating) are up on news of an
unsolicited offer of $33 billion by Alcoa
(
AA |
Quote |
Chart |
News |
PowerRating).   For 2006,
the combined companies would have had $54 billion in revenues.  Armor
Holdings
(
AH |
Quote |
Chart |
News |
PowerRating) agreed to a $3.37 billion takeover by British defense
contractor BAE Systems Inc. 

Motorola
(
MOT |
Quote |
Chart |
News |
PowerRating) shares are trading lower this
morning as shareholders will vote today on whether billionaire financier Carl
Icahn will win a seat on the company’s board.  Icahn and his associates
have purchased 2.9% of Motorola’s stock since January, totalling nearly $1.3
billion.

For more stocks
to watch, see
TradingMarkets 7 Trading Ideas for Today.

Today‘s

PowerRatings Heat Map continues to display weakness across a wide range of
sectors.  These include Energy, Metals/Mining, Internet, and Drugs. 
Let’s take a closer look at the Internet sector:

Today’s featured
list comes from our
PowerRatings
Top 10 Most Requested Stocks.  These stocks have been the most
requested over the past 24 hours.

For a free PowerRatings trial,
click here. If
you have any questions about PowerRatings or the new Stock Indicators please
feel free to email us or call 213-955-5858 ext 1.

Darren Wong

Associate Editor

darrenw@tradingmarkets.com

Reminder: We are in no
way recommending the purchase or short sale of these stocks. This article is
intended for education purposes only. Trading should be based on your own
understanding of market conditions, price patterns and risk; our information is
designed to contribute to your understanding.