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Big gain in Visa drives Dow average higher
Big gain in Visa drives Dow average higher

Solid quarterly results from a range of big companies helped send the stock market slightly higher Thursday. The standout was Visa, whose 10 percent jump helped tug the Dow Jones industrial average up nearly 200 points. Visa, the world's largest payment-processing company, turned in quarterly earnings late Wednesday that topped Wall Street's forecasts and announced plans to spend as much as $5 billion on buying its own shares. Visa's stock gained $21.99 to $236.65. For investors, there was plenty of encouraging news. Before the market opened, the government said that the U.S. economy grew at an annual rate of 3.5 percent in the three months ending in September, powered...

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