Thursday, July 19, 2007

US STOCKS-Profits boost Wall Street, led by IBM, Juniper

(Reuters) - NEW YORK, July 19 - U.S. stocks rose on Thursday
after earnings from companies such as IBM and Juniper Networks
topped expectations, moving the spotlight back onto profit
optimism, away from subprime mortgage concerns.




Shares of International Business Machines Corp. ,
the world's largest technology services company, rose 4.3
percent after it posted a jump in quarterly profit and raised
its 2007 earnings forecast. For details, see [ID:nN18415715].


Read more at Reuters.com Bonds News

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