Treasuries Up, Indirect Bidders Buy Big (Reuters) Reuters - U.S. Treasury prices built on early\gains on Wednesday after an auction of five-year debt drew\surprisingly strong demand from indirect bidders, which include\foreign central banks.
PeopleSoft reveals alliance with IBM PeopleSoft Inc., which is fighting a hostile takeover bid from Oracle Corp., on Tuesday announced an alliance with IBM that may help ease the worries of potential customers.