U.S. stocks rise as Lockheed, ImClone earns shine

Newswire

By Bill Rigby NEW YORK, April 27 (Reuters) - U.S. stocks rose on Tuesday, regaining some of the previous session's losses, as investors welcomed more strong corporate profits, offsetting worries over interest rates and lurking security fears. Defense contractor Lockheed Martin Corp. gained after reporting higher profit and drugmaker ImClone Systems Inc. jumped to a 4-year high after bringing its cancer drug Erbitux to market. "We're getting back some of what we lost yesterday," said ...

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