* Google's revenue in the three months ended June 30 totaled $5.52 billion, compared with $5.37 billion a year earlier. Analysts were looking for $5.49 billion, according to Reuters Estimates.
* IBM reported second-quarter earnings that blew past what analysts were forecasting, and the company's shares rose in late trading.
* US Market rallied late in the day on statement from Dr.Doom Nouriel Roubini that the "worst is behind us in terms of economic and financial conditions, Roubini Statement on the U.S. Economic Outlook
* Ratan Tata will finally hand over the keys of Nano, his dream project to its first owner as Nano hits streets today.
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