Friday, June 29, 2007

U.S. Stocks Advance After Inflation Gauge Slows; Research In Motion Surges

(Bloomberg) -- Most U.S. stocks gained after a
government report showed inflation cooled and telephone
companies rallied on demand for BlackBerrys and iPhones.

Research In Motion Ltd., the maker of the BlackBerry e-mail
phone, surged to a record after it reported earnings that topped
analysts' estimates. Apple Inc. climbed on the day its iPhone
goes on sale in the U.S. AT&T Inc., the iPhone's service
provider, rose for a fifth day.


Read more at Bloomberg Stocks News

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