Rally Fizzles, Stocks Snap Win Streak Monday
The rally fizzled as stocks snapped the recent win streak on Wall Street. Lowes cut its outlook for fiscal 2013 following a disappointing earnings report. Best Buy named Hubert Joly as its new president & CEO. In M&A news, Aetna has reportedly reached a deal to buy Coventry Health Care. And Heineken has raised its bid to acquire all the shares in its joint venture Asia Pacific Breweries.
