The major U.S. equity indices closed higher Tuesday as more M&A activity signaled that the economy is recovering. Concern over Greece's debt problems have pulled at the markets recently but growing expectations that Germany will lead Greece's bailout has eased investors fears. In corporate news, Terra (NYSE:TRA) shares rose 10.9% to $45.67 after CF Industries (NYSE:CF) repeated a buyout offer for the company. VeriFone Holdings (NYSE:PAY) reported fiscal Q1 EPS of $0.26, ex-items, topping consensus estimates of $0.23. Sales in the quarter rose 2.6% year-over-year to $223.4 million, and came in ahead of consensus estimates of $217.9 million. The Dow Jones Industrial Average (DJI) closed 0.02% higher at 10,405.98, the S&P500 (INX) closed 0.23% higher at 1,118.31, and the Nasdaq Composite (IXIC) closed 0.32% at 2,280.79.
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