While you were sleeping: Entering no-man’s land

While you were sleeping: Entering no-man’s land
Margreet Dietz
By Margreet Dietz Nov. 1 (BusinessDesk) - Wall Street was mixed amid better-than-expected report on US consumer spending and disappointing corporate earnings such as from Exxon Mobil. Meanwhile, the flurry of corporate deals continued as General Electric and Baker Hughes agreed to merge their oil and gas businesses, while Level 3 Communications accepted a US$34 billion cash-and-stock takeover offer from CenturyLink. A Commerce Department report showed that US consumer spending, a strong driver of the US economy, rose 0.5 percent in Sep...