Marts rally
US stocks posted their biggest gains in a month yesterday after Coca-Cola led a round of strong earnings and concerns about Europe's debt crisis eased. Apple shares ended a five-day losing streak with a rally of 5.1 percent, helping the Nasdaq composite close above 3,000. The stock closed at $609.70 and booked its best day in almost three months.
Sears Holdings said it has completed the sale of 11 Sears full-line store locations to General Growth Properties for $270 million.
Martha suit
Martha Stewart Living was sued by investor Helene Hutt over a proposed increase in the number of shares in a stock option plan.
Big Blue
IBM raised its full-year profit forecast after first-quarter earnings beat analysts’ estimates. Revenue missed projections.
Larry v. Larry
The CEOs of Silicon Valley giants Google and Oracle — Larry Page and Larry Ellison — went head-to-head in a San Francisco courtroom, each telling a jury that the other had misused Oracle’s Java technology.
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Coca-Cola, General Growth Properties, Sears, Stewart Living, Larry Ellison, Helene Hutt, Apple, Nasdaq, stock, Silicon Valley giants Google
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