NEW YORK (TheStreet) - JPMorgan Chase
was the winner among the largest U.S. financial
companies on Thursday, with shares rising over 1% to close at $49.22.
The broad indexes ended mixed again. The S&P 500 index has now risen 7% year-to-date. A sure sign of a strong market and increased confidence in the U.S. economic recovery is the number of recent large M&A deals, including Thursday's announced agreement for Warren Buffett's Berkshire Hathaway to combine with 3G Capital in paying about $28 billion in cash to acquire H.J. Heinz.
Other recent large M&A deals include General Electric's agreement to sell its remaining stake in NBCUniversal to Comcast for roughly $16.7 billion in cash and stock, and the $24.4 billion offer by Michael Dell and private equity investors to take Dell private.
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