McPherson's rallies on acquisitions

McPherson's has enjoyed its best gain in over a month after management announced two acquisitions.

Personal and household products supplier McPherson’s (MCP) has given something to investors to cheer about with the stock enjoying its best gain in 1½ months after management announced two acquisitions.

The stock jumped 2.7% to $1.35 this afternoon following the company’s claims that the buyouts will add around $50 million to its topline in 2013-14.

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