(Bloomberg) -- U.S. stocks advanced for a second day after earnings topped analysts' estimates, bolstering confidence profit growth will endure as the economy slows.
MasterCard Inc. surged after the credit-card company posted a record profit because consumers charged more purchases. Results at Nortel Networks Corp., North America's biggest maker of telephone equipment, and Transocean Inc., the largest offshore oil and gas driller, also topped analysts' projections.
Read more at Bloomberg Stocks News
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