While you were sleeping US corporate earnings surprise

Tue, 16 Oct 2012

By Margreet Dietz Oct 17 (BusinessDesk) - Optimism amid better-than-expected US corporate earnings and economic data helped propel Wall Street, with the mood underpinned by expectations the obstacles to Spain finally seeking European Union financial assistance are being cleared. Shares of Johnson & Johnson rose, last up 1.2 percent, after the company posted better-than-expected third-quarter profit and upgraded its 2012 earnings forecast. Shares in State Street also were higher as its results beat expectations. In other corporate news, Vikra...

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