Monday, July 16, 2007

U.S. Stocks Rise on Manufacturing Expansion; Eaton, McDonald's Shares Gain

(Bloomberg) -- U.S. stock indexes rose to records
for a third day on a jump in New York state manufacturing and
earnings results from Eaton Corp. and McDonald's Corp. that
beat analysts' estimates.

Eaton, the world's second-largest maker of hydraulic
equipment, surged the most in the Standard & Poor's 500 Index
after increasing its full-year profit forecast. Verizon
Communications Inc., the second-biggest U.S. phone company,
climbed after the Financial Times said Vodafone Group Plc may
pursue a $160 billion takeover.


Read more at Bloomberg Stocks News

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