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Stocks Seen Flat as Oil Price Hovers

NEW YORK (Reuters) - Stock futures pointed to a flat open on Monday, as the market clings to 2005 highs with merger activity gathering pace. But oil prices hovering near $52 a barrel has investors concerned about inflation and an economic slowdown. Shares May Department Stores Co. (MAY.N: Quote , Profile , Research ) may gain ground after agreeing to be acquired by rival Federated Department Stores Inc. (FD.N: Quote , Profile , Research ) , a deal that would combine such famous store brands ... : Stocks Seen Flat as Oil Price Hovers

Sprint to Buy Nextel in $35 Billion Deal

NEW YORK (Reuters) - Sprint Corp. (FON.N: Quote , Profile , Research ) on Wednesday agreed to buy mobile telephone company Nextel Communications Inc. (NXTL.O: Quote , Profile , Research ) in a deal worth $35.17 billion to gain more business customers and more airwaves to transmit calls. The deal, which was widely expected, would combine the No. 3 and No. 5 U.S. wireless carriers and create a new company with about 40 million customers,... : Sprint to Buy Nextel in $35 Billion Deal

Valero to Buy Premcor for $6.9 Bln in Cash, Stock

By Belinda Goldsmith NEW YORK (Reuters) - Valero Energy Corp. said on Monday it has agreed to buy rival Premcor Inc. for $6.9 billion in cash and stock, vaulting it ahead of Exxon Mobil as the largest refiner of crude oil in North America. The deal, which is expected to spark further consolidation in the sector, will expand Valero's geographic reach in the United States and boost its pr... : Valero to Buy Premcor for $6.9 Bln in Cash, Stock

Suddenly single

Suddenly single When her husband died suddenly at 58, JoAnn Russe found she knew little about her family's finances. February 18, 2005: 4:23 PM EST By Gay Jervey, MONEY Magazine NEW YORK (MONEY Magazine) - In 1978, JoAnn Russe was a 21-year-old secretary and part-time waitress who dreamed of having a career as a child-developm... : Suddenly single

Sivy 70: Comcast to replace AIG

Sivy 70: Comcast to replace AIG We are dropping AIG from our list of top growth stocks, and adding Comcast, the No. 1 cable company. June 14, 2005: 5:42 AM EDT By Michael Sivy, CNN/Money contributing columnist NEW YORK (CNN/Money) - The Sivy 70 list consists of leading growth and growth-and-income stocks that should make up the bulk of most long-term investors' portfolios. Though they all have the characteristics that conservative long-term investors shoul... : Sivy 70: Comcast to replace AIG
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