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Google sees slower growth mid-year
21 Apr 2006 source: today.reuters.co.uk

SAN FRANCISCO (Reuters) - Google Inc. (GOOG.O: Quote, Profile, Research) on Thursday said its international business grew faster than its domestic U.S. business during the first quarter but reiterated that the second and third quarters traditionally grow slower. International revenue contributed 42 percent of revenue in the first quarter, an increase as a percentage of total revenue from the 38 percent it contributed in the fourth quarter, when weakness in the U.K. market, and cascading tax co ...


Dow closes at 6-year high, Google soars after bell
20 Apr 2006 source: today.reuters.co.uk

By Caroline Valetkevitch NEW YORK (Reuters) - The Dow Jones industrial average ended at the highest level in six years on Thursday as encouraging quarterly reports from companies such as General Motors Corp. (GM.N: Quote, Profile, Research) increased optimism about earnings. Tech shares slid and the Nasdaq fell after Web auctioneer eBay Inc. (EBAY.O: Quote, Profile, Research) gave a disappoint ...


3RD UPDATE: GM Narrows Loss On 4% Higher Sales
20 Apr 2006 source: morningstar.com

NEW YORK (Dow Jones) -- General Motors Corp. stanched some of the bleeding by reporting a narrower loss on a 14% jump in sales for its first quarter Thursday, propelling the company's shares to levels untouched in more than three weeks. GM's loss shrank to $323 million or 57 cents a share, from $1.3 billion or $ 2.22 a share in the year-earlier quarter. The latest loss included a charge of $ 68 ...


Dow hits best level in six years
20 Apr 2006 source: ft.com

Blue chip stocks rode on a wave of strong earnings reports on Thursday as solid results from General Motors, Intel and Merck helped lift the Dow Jones Industrial Average to its best level in more than six years. // General Motors was the top performer on the Dow, jumping 10.1 per cent to $22.64 as the troubled carmaker showed signs of progress in its recovery efforts after it sharply narrowed its ...


2ND UPDATE: Modest Gains For Altria Shares In Wake Of Results ...
20 Apr 2006 source: morningstar.com

CHICAGO (Dow Jones) -- Altria Group Inc. on Thursday reported a higher first- quarter profit, helped by a favorable tax settlement and improved contributions from the company's domestic tobacco business. Altria (MO) said it earned $3.48 billion, or $1.65 a share, up from $2.60 billion, or $1.25 a share, in the year-ago first quarter. The latest quarter's profit included a gain of 46 cents a share ...


US Commodities: Silver Leads Liquidation Tumble
20 Apr 2006 source: morningstar.com

NEW YORK -(Dow Jones)- Precious metals tumbled on fund and speculative long liquidation Thursday, with silver falling especially hard after it previously had been the one posting the most dramatic rally over the last couple of months, traders and analysts said. "Really, it's just a rush to cash in profits on what was really a spectacular move higher," said Tim Evans, analyst with IFR Markets.  ...


Dow hits best level in 6 years
20 Apr 2006 source: ft.com

By Pan Kwan Yuk and John O’Doherty in New YorkPublished: April 20 2006 13:41 | Last updated: April 20 2006 22:01Blue chip stocks rode on a wave of strong earnings reports on Thursday as solid results from General Motors, Intel and Merck helped lift the Dow Jones Industrial Average to its best level in more than six years. // General Motors was the top performer on the Dow, jumping 10.1 per cent t ...


Dow ends at 6-year high, eBay hits Nasdaq
20 Apr 2006 source: today.reuters.co.uk

By Caroline Valetkevitch NEW YORK (Reuters) - The Dow industrials ended at the highest level in six years on Thursday as encouraging quarterly reports from companies such as General Motors Corp. (GM.N: Quote, Profile, Research) boosted optimism about earnings. Tech shares slid and the Nasdaq fell after Web auctioneer eBay Inc. (EBAY.O: Quote, Profile, Research) gave a disappointing revenue for ...


Google quarterly revenue up 79 pct, tops estimates
20 Apr 2006 source: today.reuters.co.uk

SAN FRANCISCO (Reuters) - Google Inc. (GOOG.O: Quote, Profile, Research) , the world's largest Web search supplier, on Thursday posted a better-than-expected 79 percent jump in revenue, fuelled by market share gains in the Web advertising market, sending its shares up nearly 5 percent. Net income for the first quarter rose to $592 million (333 million pounds), or $1.95 per diluted share, compared with the year-earlier quarter's $372 million, or $1.29 per diluted share. Revenue rose 79 percent t ...


UPDATE: Loan Growth Boosts SLM's Core Earnings
20 Apr 2006 source: morningstar.com

WASHINGTON (Dow Jones) -- Strong loan growth boosted lender SLM Corp.'s core earnings in the first quarter, but the company also reported Thursday some losses on derivative and hedging activities. Commonly known as Sallie Mae, SLM Corp. (SLM) posted "core" earnings of $287 million, or 65 cents a share, compared to $256 million, or 57 cents, earned in the year-ago first quarter. Earnings were ...


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