While you were sleeping Coca-Cola earnings sizzle

Tue, 16 Apr 2013

By Margreet Dietz April 17 (BusinessDesk) - Wall Street gained as investors opted to focus on American corporate earnings that surpassed expectations, while the latest economic data bolstered the case for the Federal Reserve to maintain its stimulus measures. Shares of Coca-Cola jumped, last up 5.4 percent, as the company posted profit that beat forecasts. Johnson & Johnson also did better than expected, boosting its stock 1.9 percent. Investors bet that the latest economic data offered enough reasons for the Fed to keep at their efforts to...

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