G.E. Earnings Are Up 12%; Stock Buyback Is Increased
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General Electric said commercial loans and major equipment sales contributed to the rise, and it confirmed the sale of its subprime mortgage unit.
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EMC reported a 74% rise in quarterly profit and doubled its stock buyback program to $2 billion, sending shares up 4% today. The stock was also boosted by strong results yesterday from business software maker VMware Inc.
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NEW YORK -- Rising fixed-income and investment-banking revenue combined to help boost earnings in the latest quarter at two of Wall Street&#39;s biggest firms, Goldman Sachs Group Inc.
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These stocks pay dividends and deliver earnings growth.
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U.S. stocks rose on Friday as  investors got a dose of strong quarterly earnings reports from  companies, including Dow component General Electric Co. GE.N,  which posted better-than-expected profits.
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Business as usual leads to unusually high stock gains for investors.
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Stock market bulls are betting strong second-quarter profits will send equities even higher with the earnings reporting season in full swing this week.
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Multiple bids could drive the company's stock even higher.
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These companies' share buybacks could boost earnings per share. Good deal or no deal?
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Depending on what investors are expecting, layoffs can boost a stock.
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The latest monthly data has carriers' shares lifting higher.
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These companies want to buy back their shares, which just might boost their earnings per share.
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Stocks rose in early trading Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking hasn't disappeared.
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How dividend-paying stocks can boost your returns.
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Nasdaq Stock Market Inc , the  second-largest U.S. equities exchange, said on Wednesday that  quarterly profit rose twelvefold, helped by a gain from the  sale of its stake in the London Stock Exchange .
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Restaurateur's shares shoot up on news of increased profitability.
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Nasdaq Stock Market Inc , the second-largest U.S. equities exchange, said on Wednesday that quarterly profit rose twelvefold, helped by a gain from the sale of its stake in the London Stock Exchange     .