Monday, April 16, 2007

US STOCKS-Futures rise, lifted by purchase of Sallie Mae

(Reuters) - The market also could take direction from government data on retail sales last month, which could provide clues on the strength of consumer spending, a major element of economic growth.

Private-investment funds JC Flowers & Co. and Friedman Fleischer & Lowe plan to take a 50.2 percent stake in SLM Corp. , better known as Sallie Mae, the student loan company said.


Read more at Reuters.com Bonds News

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