stocks finished slightly higher on Wednesday as investors picked stocks that pay big dividends, like real estate and phone companies. Energy companies fell with the price of oil and healthcare stocks continued to slide. Early in the year those stocks soared as investors looked for safe picks while the market tumbled. Stanley Black & Decker agreed to buy the tools business of consumer products maker Newell Brands for $1.95 billion. Stanley Black & Decker gained $3.39, or 2.9%, to $121.05, and Newell Brands rose $1.08, or 2.1%, to $51.42.

Source: Los Angeles Times October 12, 2016 14:00 UTC