Stocks rise as technology earnings boost hopes that companies will post revenue gains
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Stocks rebound on technology earnings
NEW YORK — Stocks rose early Friday as better-than-expected earnings reports from technology companies raised hopes that companies could begin boosting revenue.
Software company Oracle Corp. and BlackBerry maker Research In Motion Ltd. each reported strong earnings that beat analysts’ expectations after the markets closed Thursday.
Oracle’s results suggested companies are … Original source on Gaea Times at : Stocks rise as technology earnings boost hopes that companies will post revenue gains.
December 18th, 2009
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