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This Week in Petroleum - Apr 30

Factors Behind High Distillate Prices More Complex Than Gasoline With gasoline and diesel fuel prices continuing to rise at the retail pump, many consumers may be feeling they are taking a bath on fuel expenses. This feeling
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Yahoo Tops Expectations on Alibaba Stake

Internet giant Yahoo announced a profit for the first quarter that more than tripled from last year, but most of the one-time gain was from its stake in Chinese business-to-business Web site Alibaba.
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Brokers feel a pulse in U.S. home market

While the data says no end in sight for the U.S. housing crisis, real estate agents are beginning to see signs of life among people looking for homes to buy around the United States.It's too...
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AMD Takes 6th Straight Quarterly Loss

Advanced Micro Devices, Inc reported is sixth straight quarterly loss on Thursday but share closed nearly 2 percent higher as results met Wall Street analysts' expectations.AMD piled another $...
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EBay Posts 22% Quarter Profits

Online auctioneer eBay Inc. posted a 22 percent rise in first-quarter on Wednesday, beating analyst expectations, with its revamped website adding buyers for the first time in a year and favorable currency rates.
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This Week in Petroleum - Apr 16

Time of the Year If winter is the Most Wonderful Time of the Year as the popular song implies, it may not be too much of a surprise that gasoline consumers find the spring and summer anything but w...
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Tech, Energy Shares Boost Asia Stocks

Technology an energy companies helped push Asian markets higher on Wednesday following a good quarterly results and a bullish outlook by chip maker Intel Corp in the U.S. on Tuesday and record oil prices.
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Ebay to Shut Down Live Auction Service

Ebay Inc, the online auction site, said on Tuesday it plans to shut down the division of its business which links its web users to live auctions at other companies.
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CapitalSource Aquires Fremont for $170 Mln

CapitalSource is acquiring the retail banking operations of Fremont General for $170 million after the troubled lender was hit hard by the subprime mortgage-led crisis.
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A river of gold in California!

Commodity Online The soaring gold prices have a strange impact on the streambeds across California.With gold hovering over $900 an ounce, peop...
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American Apparel Regrets Offending Woody Allen

In response to a lawsuit filed by Woody Allen against American Apparel yesterday, the clothing maker expressed regret and said they will make every effort to resolve the issue with the award winning actor.
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Oracle Slides on Revenue Miss

Shares of business software maker Oracle says its fiscal third-quarter profit rose, helped by rising software and services revenues, however its yearly revenue missed expectations of Wall-Street.
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Jackson reaches deal over Neverland ranch

Michael Jackson has reached a confidential agreement with Fortress Investment Group to retain ownership of his 2,500-acre Neverland ranch in Los Olivos, Calif., northwest of Santa Barbara, according to reports.
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This Week In Petroleum - Mar 12

When the weather forecast calls for a partly sunny day, will it be sunny where you are? Or, if the weather forecast calls for a chance of scattered showers, does that mean it will be raining at the park when you're planning to have a
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iPhone Suits Up: Mixed Reactions

Apple made a splash on Thursday unveiling new software for its venerable iPhone, making the device more assessable to software developers and enterprise customers, but investors took a mixed view of the announcement on Friday.
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Apple's Enterprise Moves, SDK gets Mixed Market Reaction

Apple made a splash on Thursday unveiling new software for its venerable iPhone, making the device more assessable to software developers and enterprise customers, but investors took a mixed view of the announcement on Friday.

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