SAN FRANCISCO AFP — Microsoft reported that its profits slipped to 4.38 billion dollars in the first three months of the year despite revenues rising slightly to 14.45 billion dollars. The world's biggest software company reported earnings of 47 cents per share -- topping financial analysts' predictions by two...
NEW YORK AFP — World crude prices skidded as fears for US winter fuel supplies eased a little, prompting investors to lock away some profits from last week's rich gains. New York's main contract, light sweet crude for delivery in January, expired at 45.64 dollars a barrel, down 64...
REDMOND, United States AFP — Microsoft said its profit jumped to 2.56 billion dollars in the latest quarter, nearly double the level of a year ago when the software giant set aside cash for litigation costs. The world's biggest software firm said the profit amounted to 23 cents per...
NEW YORK AFP ? New York's crude oil contract topped 44 dollars a barrel for the first time in feverish trading after OPEC warned it cannot pump any faster. The benchmark New York contract, light sweet crude for September delivery, shot to an all-time high of 44.24 dollars. ...
NEW YORK AFP — World oil prices jumped to 61 dollars a barrel after an explosion at a BP refinery in Texas fuelled concerns about energy supplies toward the end of the year. New York's main contract, light sweet crude for delivery in September, reached 61 dollars for the...
LOS ANGELES AFP ? Walt Disney Co. said its most recent quarterly profit jumped to 415 million dollars, more than double the 175 million dollars one year ago as cinema and media earnings offset declines at theme parks. The media-entertainment giant topped Wall Street forecasts with earnings for the...
LONDON AFP — Oil prices steadied, supported by expectations of a fall in US heating oil stocks as winter sets in across the northern hemisphere, traders said. New York's main contract, light sweet crude for delivery in February, edged down eight cents to 45.70 dollars in early deals. ...
NEW YORK AFP — World crude oil prices barely budged in hesitant pre-holiday trade, after plunging the day before on news of an unexpected rise in US crude stockpiles. New York's main contract, light sweet crude for delivery in February, fell six cents to close at 44.18 dollars a...
LONDON AFP — Oil prices rose slightly on Wednesday, reaching nearly 109 dollars a barrel, as the market readied for the publication of the US government's weekly energy stockpiles report, traders said. New York's main oil contract, light sweet crude for delivery in May gained 16 cents to 108.66...
CUPERTINO, United States AFP ? Apple Computer topped Wall Street forecasts with a quarterly profit of 61 million dollars, a threefold increase from the same period a year ago, on a 30 percent sales surge. The profit for the fiscal third quarter to June 26 amounted to 16 cents...
SINGAPORE AFP — Oil prices fell slightly on Tuesday after surging to all-time highs close to 140 dollars amid uncertainty that a reported pledge by Saudi Arabia to increase output would curb costs, dealers said. The main New York futures contract, light sweet crude for July delivery, dropped 15...
LONDON AFP — World oil prices fell as traders geared up for the latest weekly snapshot of US commercial crude inventories. New York's main contract, light sweet crude for delivery in February, fell 25 cents to 43.66 dollars a barrel, after closing up 1.79 dollars on Tuesday. In...
LONDON AFP — World oil prices rose towards 60.0 dollars per barrel before the latest weekly snapshot of US crude inventories, after shedding more than a dollar the day before on easing supply concerns. New York's main contract, light sweet crude for delivery in March, climbed ten cents to...
LONDON AFP — World oil prices fell amid forecasts of warmer-than-expected weather in the United States, the world's largest consumer of energy. New York's main contract, light sweet crude for delivery in January, slipped 29 cents to 59.70 dollars per barrel in electronic trading on Friday. In London,...
LONDON AFP ? World oil prices hovered around historic closing peaks reached a day earlier when major producer Iraq stopped pumping crude from its southern oil fields. Brent North Sea crude oil for September opened at 41.35 dollars per barrel in trading here on Tuesday, 21 cents below Monday's...
NEW YORK AFP ? World oil prices tumbled as Shiite Muslim militia appeared to hand over control of the holy Imam Ali mosque in the central Iraqi city of Najaf. New York's main contract, light sweet crude oil for delivery in September, hit an all-time high 49.40 dollars a...
NEW YORK AFP — World crude prices hovered around 70 dollars a barrel, supported by strong demand and lingering geopolitical tensions in the oil-rich Middle East, dealers said. New York's main contract, light sweet crude for delivery in August, rose three cents to close at 70.87 dollars a barrel....
NEW YORK AFP ? World oil prices spiked at all-time highs after insurgents torched an Iraqi oil well, but the market later skidded as fears of instability in oil-rich Venezuela eased. New York's light sweet crude contract for September delivery soared in pre-market electronic trading to a record 46.91...
LONDON AFP — World oil prices jumped above 61 dollars per barrel, although the death of King Fahd of Saudi Arabia, whose country is the world's biggest oil exporter, would be unlikely to cause major supply disruptions, one London trader said. New York's main contract, light sweet crude for...
DEARBORN AFP ? The Ford Motor Co. reported better-than-expected second-quarter earnings, as profit from its credit arm offset a loss in its automotive operations. The automaker earned 61 cents a share, excluding special items, well above the 50 cents a share average estimate of analysts polled by Thomson First...
