Dow Hits 14,000 and Keeps On Going: American International Group, Inc. (AIG) and More

Other news spurring on investors today? One word: mergers. OfficeMax Incorporated (NYSE:OMX) and Office Depot Inc (NYSE:ODP) were both up big this morning as news hit that the companies are deep in talks of merging. The news is benefiting OfficeMax a bit more, boosting the stock up 25%-plus while Office Depot has risen 15.3% so far in trading. Even rival Staples, Inc.(NASDAQ:SPLS) got a boost this morning, up 11.9%. Investors shouldn’t be surprised to see these gains move as more details of the merger are released.

The article Dow Hits 14,000 and Keeps On Going originally appeared on Fool.com and is written by Jessica Alling.

Fool contributor Jessica Alling has no position in any stocks mentioned, but you can contact her here. The Motley Fool recommends American International Group (NYSE:AIG). The Motley Fool owns shares of American International Group, Bank of America, and Staples and has the following options: Long Jan 2014 $25 Calls on American International Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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