Here is a recap of the top news items from this week on Wall Street:

1. On Thursday Coke (NYSE: KO) confirmed reports that it signed an agreement to acquire the North American operations of Coca-Cola Enterprises Inc. (NYSE: CCE). Additionally, Coca-Cola Enterprises has agreed to buy the Coca-Cola Company’s bottling operations in Norway and Sweden, and to obtain the right to acquire the German bottler. Shares of CCE surged nearly 33% following the news.

2. Consumer confidence for the month of February slipped to 46 on Tuesday, much worse than the 55 economists had been looking. The data spooked the markets: