(Reuters) - NEW YORK, July 11 - U.S. stocks advanced on
Wednesday, helped by gains in energy shares as oil prices
traded near $73 a barrel.
But the three major stock indexes pared gains after
student loan firm SLM Corp. , commonly known as Sallie
Mae, said the buyers in its proposed $25 billion takeover told
it that current legislative proposals could threaten the deal.
For details, see [ID:nN11401528] Sallie Mae's shares tumbled
10.6 percent after the company's announcement.
Read more at Reuters.com Bonds News
Wednesday, helped by gains in energy shares as oil prices
traded near $73 a barrel.
But the three major stock indexes pared gains after
student loan firm SLM Corp. , commonly known as Sallie
Mae, said the buyers in its proposed $25 billion takeover told
it that current legislative proposals could threaten the deal.
For details, see [ID:nN11401528] Sallie Mae's shares tumbled
10.6 percent after the company's announcement.
Read more at Reuters.com Bonds News
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