Blue chips turn up as GM advances
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An advance in the shares of General Motors Corp. helped U.S. blue-chip stocks swing into positive territory in afternoon trade on Thursday after the automaker posted a stronger-than-expected rise in February sales.
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U.S. blue chips advanced on Friday  after Ford Motor Co. F.N raised its earnings forecasts, while  wireless technology provider Qualcomm Inc. QCOM.O limited  gains on the Nasdaq after saying an accounting review may  reduce pretax income.
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U.S. blue-chip stocks rose on Thursday  as better-than-expected economic data and healthy company  earnings helped the mood on Wall Street, but higher oil prices  limited the advances.
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U.S. blue chips rose on Thursday, led  by tobacco stocks, while technology share were under pressure  by a warning from Applied Materials Inc., the world's biggest  semiconductor-equipment maker.
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A strong performance from the truckmaking sector helped European equity markets drive higher by late-morning on Tuesday while Getronics jumped sharply after the Dutch computer services company received a potential takeover approach.
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Europe&#39;s main stock markets rose Thursday with the automaking sector in the driving seat after healthy gains to share prices overnight in New York and earlier in Asia.
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Stock index futures rose, lifted by news of a General Electric deal to buy a Merrill Lynch lending unit.
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General Motors posted better-than-expected fourth quarter financial results, but indicated that its efforts to shave costs are not behind it as it offered buyouts to 74,000 employees - its entire U.S. hourly workforce.
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U.S. blue chips moved higher  on  Thursday, getting a lift from Johnson & Johnson JNJ.N  following its acquisition of medical device maker Guidant Corp.  GDT.N, but broader market gains were capped after investment  bank Goldman Sachs posted disappointing quarterly revenues.
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U.S. blue chips edged higher on Monday  helped by gains in economically sensitive stocks such as United  Technologies Corp. UTX.N and 3M co. MMM.N as oil prices  fell more than $1 a barrel.
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Wall Street stocks closed higher on Wednesday buoyed by a decision by General Motors (NYSE:GM) workers to end their strike.
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Stocks rose on Friday, with the Dow industrials advancing 1 percent, helped by a higher-than-expected profit forecast from IBM  and earnings from General Electric Co  that met Wall Street expectations.
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General Motors Corp.  on  Wednesday posted a larger-than-expected quarterly operating  profit as it slashed costs in North America and raised its  cost-cutting target by $1 billion, sending its shares up 5  percent.
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General Motors Corp.  posted an unexpected rise in February sales on Thursday, bucking a slump that pulled monthly U.S. auto sales lower for its struggling Detroit-based rivals, while Japan's Toyota made further market inroads.
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Investor Kirk Kerkorian on Thursday   said he could raise his stake in General Motors Corp GM.N to   about 12 percent and urged the automaker's board to take a   "strong" role in reviewing a potential alliance with   Renault-Nissan.
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Technology stocks rose on Wednesday after computer maker Dell Inc.  posted strong earnings, but blue-chip stocks slipped as falling oil prices hit energy shares and financier Kirk Kerkorian cut his stake in General Motors Corp.
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Blue-chip stocks added to losses on Wednesday, tracking a drop in the shares of General Motors Corp., which fell sharply after news a big investor was selling his stake in the company.