•Oil rallies $2 to near $120 on supply worries

2013-05-16 17:33:00
  • Oil rallies $2 to near $120 on supply worries
    22.04.2008, 20:53:52
    NEW YORK (Reuters) - Oil jumped $2 to record highs near $120 a barrel on Tuesday on supply concerns from Nigeria and the North Sea.


  • Wall Street Journal managing editor quits
    22.04.2008, 21:15:07
    NEW YORK (Reuters) - The Wall Street Journal's managing editor is resigning, Dow Jones & Co Inc said on Tuesday, setting the stage for News Corp chief Rupert Murdoch to further consolidate his power in the business paper's newsroom.


  • Stocks fall on oil surge and profit worries
    22.04.2008, 20:44:55
    NEW YORK (Reuters) - Stocks fell on Tuesday as surging oil prices escalated concerns about how higher energy costs will affect the economy, profits and consumer spending, while disappointing earnings outlooks also darkened the mood.


  • Yahoo results won't affect Microsoft offer: Ballmer
    22.04.2008, 18:51:33
    SKHIRAT, Morocco (Reuters) - Microsoft Corp will hold firm on its $43.2 billion offer for Yahoo Inc , regardless of whether Yahoo's quarterly results impress or disappoint investors, Chief Executive Steve Ballmer said on Tuesday.


  • Coach posts higher profit
    22.04.2008, 21:05:49
    NEW YORK (Reuters) - Handbag maker Coach Inc posted a higher quarterly profit on Tuesday that topped Wall Street's estimate by a penny, helped by higher sales at stores in North America and Japan.


  • Carlisle posts loss, shares slide
    22.04.2008, 20:10:04
    (Reuters) - Carlisle Cos Inc , a diversified manufacturer, posted a first-quarter loss, hurt by charges and rising costs for steel and oil-based commodities, and forecast a mid-single digit growth in 2008 earnings and revenue, sending its shares down as much as 11 percent.


  • Soaring fuel costs pummel airlines
    22.04.2008, 17:47:49
    CHICAGO (Reuters) - Record high fuel prices led three of the largest U.S. airlines to report hefty quarterly losses on Tuesday, with UAL Corp , parent of United Airlines, posting its largest loss since it completed a Chapter 11 restructuring two years ago.


  • CME shares drop after posting lower profit
    22.04.2008, 20:13:34
    CHICAGO (Reuters) - CME Group Inc , parent of the world's largest derivatives exchange, on Tuesday posted a lower-than-expected profit on thinner margins, and shares fell more than 10 percent.


  • Existing home sales fall 2 percent
    22.04.2008, 19:41:03
    WASHINGTON (Reuters) - The pace of U.S. existing home sales fell in March while inventories swelled and prices slid, a trade group said on Tuesday in a report that showed the U.S. housing market continues to struggle.
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