A small rally
The Russell 2000 index and the Dow have opened in the green following news of the latest in corporate deal-making.
At 10:03 a.m. ET the Russell 2000 had added 2.33 points, or 0.28 percent, to 847.39. The Dow Jones Industrial Average was up 47.64 points, or 0.35 percent, to 13,583.07.
Billionaire investor Nelson Peltz is considering a bid for hamburger chain Wendy’s International Inc. (NYSE: WEN). Peltz’ Triarc Cos. investment company has requested information on Wendy’s financing, according to news reports this morning.
Elsewhere, French food group Danone is in exclusive talks to sell its biscuit and cereal unit for $7.2 billion in cash to Kraft Foods Inc. (NYSE: KFT).
U.S. stock markets will close at 1 p.m. today and be closed tomorrow in celebration of the Fourth of July.
The following were the most actively traded companies in Tuesday's trading among those with market capitalizations under $500 million.
| Price at | % | ||||||
| 10:00 et | Change | Change | Volume | Year High | Year Low |
