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Actionable news in BHI: BAKER HUGHES Inc,

Stocks Up Slightly as GE Headlines Deals News, Crude Falls

U.S. stocks rose slightly on Monday as General Electric (GE) headlined a busy morning for deals news and crude oil tumbled below $48 a barrel.

The S&P 500 was up 0.2%, the Dow Jones Industrial Average rose 0.05%, and the Nasdaq gained 0.18%.

General Electric moved 1% higher after reaching a deal to combine its oil and gas operations with Baker Hughes (BHI) . Baker Hughes shareholders will receive a special cash dividend worth $7.4 billion and own 37.5% of the new publicly-traded company. GE will own the...


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