U.S. stocks up; Time Warner leads with profits

Newswire

(Updates to midmorning) By Bill Rigby NEW YORK, April 29 (Reuters) - Stocks rose on Thursday as enthusiasm for strong company profits offset data showing the U.S. economy grew at a slower pace than expected. Media giant Time Warner Inc. and oil company Exxon Mobil Corp. helped the market higher as their quarterly earnings beat Wall Street's forecasts. But mounting violence in Iraq fed security fears, which have acted as a brake on the market in recent days. Gross domestic product ...

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