(Reuters) - NEW YORK, July 19 - U.S. stocks rose on Thursday
as forecast-topping results from multinational companies such
as IBM and Juniper Networks Inc. shifted investor
focus back to corporate profits and away from subprime
mortgage concerns.
Shares of International Business Machines Corp. ,
the world's largest technology services company, rose 4
percent, after it posted a jump in quarterly profit and raised
its 2007 earnings forecast late on Wednesday. For details, see
[ID:nN18415715].
Read more at Reuters.com Bonds News
as forecast-topping results from multinational companies such
as IBM and Juniper Networks Inc. shifted investor
focus back to corporate profits and away from subprime
mortgage concerns.
Shares of International Business Machines Corp. ,
the world's largest technology services company, rose 4
percent, after it posted a jump in quarterly profit and raised
its 2007 earnings forecast late on Wednesday. For details, see
[ID:nN18415715].
Read more at Reuters.com Bonds News
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