Stocks Rise on PeopleSoft, Retail Data
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Stocks rose on the news that November  retail sales were stronger-than-expected and that Oracle Corp.  ORCL.O would buy rival business software maker PeopleSoft  Inc. PSFT.O in a $10.3 billion deal.
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U.S. stocks advanced on Friday as a  jump in September retail sales boosted investor confidence in  the economy, but oil prices at a fresh record of $55 a barrel  kept gains in check.
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NEW YORK US stocks rose Monday after the software maker PeopleSoft accepted Oracle&#39;s buyout offer and data showed better-than-expected November retail sales, signaling an uptick in consumer spending.
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U.S. stocks rose on Thursday, extending a rebound from last week's sharp sell-off, as investors snapped up financial shares and strong monthly sales from key retailers overshadowed concerns about the subprime mortgage lending market.
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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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PeopleSoft&#39;s shares were up 10.6 percent at $22.98 late into Monday&#39;s trading session. Oracle shares rose 10 cents to $12.
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US stocks were set for a higher open on Monday, helped by news business software maker Oracle Corp. (ORCL.O: Quote, Profile, Research) struck a deal to buy rival PeopleSoft
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U.S. stocks rose late on Friday  morning in a broad-based advance as oil prices eased and shares  of software company PeopleSoft Inc. PSFT.O gave a boost to  the tech-dominated Nasdaq.
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Stocks rose steadily in late trading Friday as Wall Street welcomed a new retail sales report that showed an increase in consumer spending.
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NEW YORK - Newly optimistic investors sent stocks sharply higher Friday, propelling the Dow Jones industrials 112 points higher, as new economic data showed strength in manufacturing and the departure of PeopleSoft Inc.'s chief executive raised hopes for a merger in the tech sector. The major indexes closed the week with respectable gains...
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U.S. stocks were slightly higher on  Thursday after retailers reported a mixed bag of December  sales, while weekly jobless data caused some concern.
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U.S. stocks rose on Wednesday, driving the S&P 500 up more than 1 percent as shares of Exxon Mobil Corp.  and other energy companies advanced on rising oil prices, and after the U.S. government raised its estimate of third-quarter economic growth.
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U.S. stocks strengthened on Tuesday on  sharply stronger consumer confidence data and gains in Internet  stocks following a brokerage's upgrade of Web retailer  Amazon.com Inc. AMZN.O.
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NEW YORK - U.S. stocks are seen opening higher at the open Monday ahead of some key data this week, including CPI, retail sales data and consumer confidence surveys...
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U.S. stocks rose on Monday following a  pickup in merger activity in the software and telecom sectors  and better-than-expected retail sales in November, which  signaled an uptick in consumer spending.
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U.S. stocks rose on Tuesday after   stronger-than-expected September consumer confidence data   boosted optimism about spending and profits.
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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.