U.S. stocks get lift from Cisco, Fed comments

11:45 am ET Aug 8, 2007

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U.S. stocks get lift from Cisco, Fed comments

NEW YORK
Stocks rallied Wednesday, drawing strength from a higher revenue outlook
from Cisco Systems Inc. as well as a Federal Reserve policy statement
that indicated moderate growth should persist, even with the recent
turmoil in the credit markets.

Breakfast and late nights boost McDonald's

CHICAGO
Hot breakfast sales and late-night hours in the U.S. and new menu items
and creative marketing in France, Germany and the U.K. fueled robust
sales at McDonald's Corp. in July, the company said Wednesday.