Mme.Eugenie : After the Bell Report
Last Update: 4/21/2006 5:00:09 PM
NEW YORK (MarketWatch) -- U.S. stocks ended mixed Friday, but higher on the week after the Federal Reserve raised hopes of an end to interest-rate hikes, and the first-quarter earnings season got off to good start with strong results from companies such as Google Inc, Yahoo Inc, United Technologies Corp and 3M Co. See full story.
Crude futures score a record above $75; higher for week
SAN FRANCISCO (MarketWatch) -- The front-month contract for crude futures closed above $75 per barrel Friday for the first time ever in New York, scoring a gain of more than 6% for the week on concerns about tensions surrounding Iran's nuclear activities, violence in Nigeria and tight U.S. supplies of unleaded gasoline. See full story.
Earnings Outlook: Oil prices expected to fuel record earnings results
HOUSTON (MarketWatch) -- With little in sight to put the brakes on rocketing crude prices, equities analysts expect oil companies to once again post record quarterly profits next week when the industry's biggest names open their books. See full story.
Gold futures gain 2%; copper ends at a record above $3
SAN FRANCISCO (MarketWatch) -- Gold futures climbed 2% Friday to recoup almost all of the previous session's loss, silver recovered from a two-week low and copper rallied above $3 a pound to close its highest level on record as analysts remained upbeat about longer-term prospects for the metals market. See full story.
Google shares rally on 60% profit jump
SAN FRANCISCO (MarketWatch) -- Google Inc. shares rallied more than 5% Friday as Wall Street cheered the search giant's 60% profit jump on its surging advertising business. See full story.
John Dvorak's Second Opinion: Larry Ellison talks Linux
BERKELEY, Calif. (MarketWatch) -- Larry Ellison told the Financial Times this week that he was thinking of doing a Linux 'distro" (the term for individual variants -- short for distribution) to support the Oracle database. RedHat stock immediately took a hit. See full story.
Robert Powell: New thinking on calculating your retirement 'number'
BOSTON (MarketWatch) -- Pick a number. But not just any number. Whatever you do make sure it's the right number. Pick too high a number and odds are that you will outlive your money. In fact, the higher the number the faster you run out. Pick a low number and odds increase, dramatically, that you won't outlive your money. But you also might find yourself on a tighter budget than need be. See full story.