NEW YORK (CNNfn) - Corporate America is celebrating the passage in the House of Representatives of legislation that expands U.S. trading ties with China, a landmark accord that would pry open Beijing's potentially enormous markets for computers, insurance, crops and a host of other products.
cnnfn.com
(list of stocks to short follows later in the article:)
U.S. businesses have lobbied fiercely for the legislation, with heavy-hitting backers including Motorola Inc (MOT: Research, Estimates), Intel Corp. (INTC: Research, Estimates), Microsoft Corp (MSFT: Research, Estimates), Citigroup (C: Research, Estimates), Caterpillar (CAT: Research, Estimates), Whirlpool Corp. (WHR: Research, Estimates) and General Motors (GM: Research, Estimates). Big business has spent millions on an advertising blitz in the days leading up to the vote. |
