Stocks gain, buoyed by Merrill, IBM
Reuters - U.S. stocks climbed on Tuesday after the world's largest computer company, International Business Machines Corp. , and the largest U.S. brokerage, Merrill Lynch & Co. Inc. reported earnings that beat Wall Street forecasts.
Stocks Surge on IBM, Merrill Earnings
AP - Wall Street regained its composure Tuesday, marching higher after companies including Merrill Lynch & Co. and International Business Machines Corp. beat earnings expectations.
Stock markets shake off blues as IBM improves optimism over Q2 earnings
Canadian Press - TORONTO (CP) - Investors reassured by earnings from IBM Corp. sent stock markets higher Tuesday afternoon.
U.S. stocks set for strong start
Reuters - U.S. stock futures pointed to a strong start for the market on Tuesday after blue-chip company International Business Machines Corp. reported earnings that topped Wall Street estimates and ahead of a slew of earnings from other heavyweights.
Dollar idles as traders look to Greenspan
Reuters - The dollar steadied on Tuesday after a modest dip as traders looked to testimony from Federal Reserve chief Alan Greenspan for clues about how long the central bank will keep raising interest rates.
Monday's Wall Street Glance
AP - Dow Jones Industrials
Good Economic News May Not Boost Stocks
AP - Companies are more productive and more people have jobs. Corporate earnings growth is strong. And while oil prices remain near historic highs, the economy is showing great resilience. Even inflation is a non-issue. But don't expect a huge surge in stocks.
Probe into exchange mergers - FT report
Reuters - U.S. authorities are widening their probe into the mergers proposed by the New York Stock Exchange and the Nasdaq Stock Market Inc. , the Financial Times newspaper reported on Monday.
Maidenform all fit for public offering
Reuters - Maidenform Brands Inc., the intimate apparel maker that helped usher in the modern-day bra, is slated for a $150 million initial public offering in the coming week.
Profit growth seen dependent on sales
Reuters - Revenue growth is showing a healthy pace at U.S. companies so far in the second quarter, but stock market strategists say they would like to see the numbers accelerate even more.
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