U.S. stocks advance on M&A action, lower oil


(Updates to late morning) By Jennifer Coogan NEW YORK, Aug 25 (Reuters) - U.S. stocks rose on Thursday amid acquisition activity and oil's retreat from a record $68 mark after forecasters said rigs in the Gulf of Mexico will be spared from a tropical storm. The blue-chip Dow gained from Johnson & Johnson's announcement that it expects a decision in October on whether the U.S. Federal Trade Commission will approve its planned acquisition of Guidant Corp. . [ID:nWEN8017] Johnson ...

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