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Stifel Financial Corp. (SF) Has Leaped To A New High After Acquisition

Stifel Financial Corp. (SF) announced after the bell Monday that it has agreed to acquire Sterne Agee Group for $150 million.

Stifel Financial gapped open sharply higher Tuesday morning and is now up 2.09 at $54.18. The stock has soared past resistance and has set a new high for the year.

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