Monday, April 16, 2007

US STOCKS-Wall St seen higher on Sallie Mae, earnings

(Reuters) - NEW YORK, April 16 - U.S. stocks headed for a higher open on Monday after student loan company Sallie Mae agreed to a $25 billion buyout and as companies like drug maker Eli Lilly and Co. posted stronger-than-expected results.

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.


Read more at Reuters.com Bonds News

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