US STOCKS-Wall St rises as Berkshire deal points to M&A endurance
* Berkshire to buy Precision Castparts
* Greek banks to get capital injunction after bailout
* Up to July, cross-bored M&A up 23 pct year-on-year
* IBM up after Buffett comments
* Indexes up: Dow 0.98 pct, S&P 0.96 pct, Nasdaq 1.12 pct (Updates to open)
By Tanya Agrawal
Aug 10 (Reuters) - Wall Street opened higher on Monday, with the Dow looking to break a seven-day losing streak, after Warren Buffett's Berkshire Hathaway's $37.2 billion to buy Precision Castparts showed the M&A boom was alive and well.
Adding to the positive sentiment, poor data out of China boosted hopes for additional stimulus from Beijing. Greek banks could get a first capital injection soon after a bailout deal is agreed, and before the ECB can conduct stress tests, a euro zone official told Reuters.
Precision Castparts shares jumped as much as 19.3 percent to $231.25 after Berkshire Hathaway agreed to buy the aircraft components in the biggest deal for Buffett's Hathaway. Berkshire Class B shares fell 1.4 percent to $141.60. Continuación...