Unocal surges 9% at open on talk of Chevron interest (UCL, CVX, XOM) By Jim Jelter
SAN FRANCSCIO (MarketWatch) -- Shares of Unocal Corp. (UCL) surged at the open Thursday on a report in the Wall Street Journal that ChevronTexaco Corp. (CVX) , the nation's second biggest oil company after Exxon Mobil (XOM) is considering making an offer for the company. Unocal was up $4.85 a share, or 9 percent, at $58.35 in early action -- a 52-week high. ChevronTexaco shares slipped 27 cents to $61.30.