Reuters - U.S. banks Mellon Financial Corp. and Wachovia Corp. are finalists in the bidding for Boston-based fund manager MFS Investment Management, a unit of Canadian insurer Sun Life Financial Inc. , people familiar with the situation said.

AP - Software stocks have been on an upward tear since August as seasonal consumer and enterprise software spending patterns and an attractive upcoming slate of new products coincided with changes in software business models and corporate IT needs.

PC Magazine - Networking and wiring company Panduit signs on to offer the Rear Door Heat eXchanger as an option on its data center cabinets.