Stocks Up on PeopleSoft Deal, Retail Data
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US stocks rose on Monday after software maker PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) accepted rival Oracle Corp.&#39;s (ORCL.
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Investors sent stocks sharply higher Friday as new economic data showed strength in manufacturing and construction, and Wall Street greeted the departure of PeopleSoft Inc.'s chief executive by buying up technology shares. The Dow Jones industrials gained 100 points in morning trading.
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Stocks rose on Thursday after strong August sales from Wal-Mart Stores Inc  and other retailers combined with positive economic data calmed concerns about mortgage market turmoil hurting the broader economy.
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U.S. stocks rose on Friday after robust results from software maker Oracle Corp  brightened the outlook for technology and helped the Dow and S&P 500 post their best weekly performance since March.
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U.S. stocks opened higher on Thursday,  helped by companies such as Wal-Mart Stores Inc. WMT.N and  Costco Wholesale Corp.COST.O  as a slew of retailers reported  holiday sales data, although weekly jobless data caused some  concern.
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Stocks advanced in a broad-based rally  on Friday, the first day of a new quarter, as software company  PeopleSoft Inc. and chip-related stocks drove the tech-heavy  Nasdaq to its highest level in more than two months.
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Stocks rose on Friday amid heavy  trading on the first day of the quarter as PeopleSoft Inc.  PSFT.O and chip-related stocks boosted the tech-heavy Nasdaq  to its highest level in more than two months.
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Stocks rose on Wednesday, lifted by a  merger between retailers Kmart and Sears, better-than-expected  earnings from computer maker Hewlett-Packard and government  data showing a moderate rise in a key U.S.  inflation measure.
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U.S. stocks jumped on Friday as higher-than-expected results from software maker Oracle Corp  and a share buyback from Texas Instruments Inc  boosted technology shares.
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Stocks rose on Thursday and the Dow climbed to an intraday record after major retailers issued reassuring monthly sales figures and outlooks, a sign consumer spending will continue to support economic growth.
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NEW YORK - Newly optimistic investors sent stocks sharply higher Friday after economic data showed strength in manufacturing and construction. Wall Street greeted the departure of PeopleSoft Inc.'s chief executive by buying up technology shares...
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US stocks added to earlier gains on Monday after software maker PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) accepted rival Oracle Corp.
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Stocks rallied yesterday after the software maker PeopleSoft accepted Oracle&#39;s $10.3 billion sweetened buyout offer and other big deals fueled expectations for more takeovers.
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INVESTORS welcomed the end of Oracleâs 18-month battle to take over PeopleSoft yesterday, pushing stocks in the United States higher.
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WALL Street rallied overnight on mostly upbeat economic news, with the technology sector lifted by a shakeup at PeopleSoft that boosted expectations for a high-profile merger.
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Stocks rose on Monday, boosted by takeover news and data that showed manufacturing growth quickened in June even as price pressures eased.
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NEW YORK - Newly optimistic investors sent stocks sharply higher Friday, propelling the Dow Jones industrials up more than 100 points, after economic data showed strength in manufacturing and construction. Wall Street greeted the departure of PeopleSoft Inc.'s chief executive by buying up technology shares...