Asia Day Ahead: Merrill to Get $6.2 Billion Infusion (Bloomberg.com)

Dec. 25 (Bloomberg) -- Merrill Lynch & Co. will receive a cash infusion of as much as $6.2 billion from Singapore's Temasek Holdings Pte. and Davis Selected Advisors LP. U.S. stocks rose, sending benchmark indexes to the highest levels in two weeks, after falling interest rates and an agreement to restructure $33.3 billion of Canadian commercial debt improved the outlook for credit markets.