Stocks Rise Ahead of Fed Decision
Stocks are higher on Wednesday, after economic data showed U.S. GDP rose by 3.9% in the third-quarter (full story), and ahead of the Fed’s decision on interest rates.
Kraft Foods
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PowerRating) announced Q3 profit fell by 20% and backed its full-year 07 outlook (read more).
Boyd Gaming
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PowerRating) reported a profit in in Q3, despite an 8% decline in revenues (read more).
Meanwhile, MasterCard
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PowerRating) reported revenue rose by 20% (read more).
Google
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PowerRating) rose above $700 a share for the first time (full story).
Crude oil continued its march towards $100 per barrel, rising above $93 in early trading.
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