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Stocks Seen Higher, Oracle Could Help

By Megan Davies NEW YORK (Reuters) - U.S. 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 Inc.(PSFT.O: Quote , Profile , Research ) , ending a bitter takeover battle. Oracle, which also reported better-than-expecte... : Stocks Seen Higher, Oracle Could Help

Stocks seen higher on merger news; oil up

By Anupama Chandrasekaran NEW YORK (Reuters) - U.S. stock futures pointed to a slightly higher open on Monday with merger activity grabbing headlines, while oil prices reached a six-week peak above $55 a barrel. In merger action, online brokerage E*Trade Financial Corp. has raised its bid for rival Ameritrade Holding Corp. in hopes of derailing Ameritrade's separate merger talks with TD Waterhouse, the Wall Street Jour... : Stocks seen higher on merger news; oil up

Global Pact Will Hit Some Banks-Greenspan

WASHINGTON (Reuters) - U.S. regulators may tweak capital rules to alleviate potential harm to small domestic banks from a new global pact on banking, Federal Reserve Chairman Alan Greenspan said on Friday. U.S. banks have until January 2008 to prepare for rules the Basel Committee on Bank Supervision, a global group of bank regulators, agreed to last June. Greenspan said the U.S. central bank, which also serves as a bank regulator, has bee... : Global Pact Will Hit Some Banks-Greenspan

reverse mortgage

A reverse mortgage is a loan against the equity in the home that provides tax-free cash advances, but requires no payments during the term of the loan. Since there are no monthly payments during the life of the loan, the balance grows larger and the equity gets smaller.The loan is not due and payable until the borrower no longer occupies the home as a principal residence, e.g. the last surviving borrower sells, moves out permanently or passes away.You must be at least 62... : reverse mortgage

Stocks Seen Higher, Lifted by Microsoft

NEW YORK (Reuters) - U.S. stock futures pointed to a sharply higher open on Friday, after sliding on Thursday, with a positive forecast from Microsoft Corp. (MSFT.O: Quote , Profile , Research ) , the world's largest software maker, helping to boost sentiment. Microsoft shares initially dipped after releasing its quarterly results late on Thursday, having missed its own and Wall Street... : Stocks Seen Higher, Lifted by Microsoft
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