(Reuters) - U.S. stocks rose sharply on Thursday as large-cap companies such as IBM and Honeywell International Inc. reported earnings that beat forecasts, shifting investors' focus back to corporate profits and away from subprime credit worries.
International Business Machines Corp., the world's largest technology services company, also raised its 2007 earnings forecast late on Wednesday. For details, see ID:nN18415715. Manufacturer Honeywell posted a 17 percent rise in profit. ID:nN19374753.
Read more at Reuters Africa
International Business Machines Corp., the world's largest technology services company, also raised its 2007 earnings forecast late on Wednesday. For details, see ID:nN18415715. Manufacturer Honeywell posted a 17 percent rise in profit. ID:nN19374753.
Read more at Reuters Africa
No comments:
Post a Comment