8/11...DLJ runs up broker index
--10:54 am - By Michael Baron Heavy buying interest in Donaldson, Lufkin & Jenrette (DLJ: news, msgs) is helping the AMEX Securities Broker/Dealer index ($XBD: news, msgs) push 1.5 percent higher to 613.62 in early tradinf. DLJ is rising 2 15/16, or 5.2 percent, to 59 13/16 as merger rumors swirl that the company may be an acquisition candidate. Other top performers include A.G. Edwards (AGE: news, msgs), adding 1 19/32, or 3 percent, to 53 7/8; Lehman Bros. (LEH: news, msgs), up 2 13/32, or 1.9 percent, to 128 3/8; and Goldman Sachs (GS: news, msgs), advancing 2 3/16, or 2 percent, to 114 3/16. |