Monday, July 9, 2007

US STOCKS-Buybacks, solid earnings forecasts lift indexes

(Reuters) - J&J gained 1 percent after the health-care company
announced plans for a $10 billion share buyback.
ConocoPhillips, which nearly quadrupled its repurchase plan to
$15 billon, rose 3.7 percent.




Alcoa gained 1.7 percent and was a top performer among the
Dow industrials. The aluminum producer kicked off the
second-quarter earnings season after the bell, reporting a
profit that matched estimates.


Read more at Reuters.com Bonds News

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