Oil flat after fall from record near $140

June 16, 2008 on 11:26 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil steadied on Tuesday after touching a record near $140 the previous day, with traders caught between a weaker dollar and expectations that top exporter Saudi Arabia will ramp up output to its highest rate in decades.

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Oil flat after fall from record near $140

PWC says mining sector profit margins may have peaked

June 16, 2008 on 7:49 pm | In Business News | No Comments

LONDON (Reuters) - The booming mining sector may have peaked in terms of net profit margins after costs surged more than revenues last year for top firms, a report released on Tuesday by PricewaterhouseCoopers said.

PWC says mining sector profit margins may have peaked

PWC says mining sector profit margins may have peaked

June 16, 2008 on 7:49 pm | In Business News | No Comments

LONDON (Reuters) - The booming mining sector may have peaked in terms of net profit margins after costs surged more than revenues last year for top firms, a report released on Tuesday by PricewaterhouseCoopers said.

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PWC says mining sector profit margins may have peaked

Adobe profit rises with sales of creative programs

June 16, 2008 on 7:23 pm | In Business News | No Comments

BOSTON (Reuters) - U.S. software maker Adobe Systems reported a 41 percent rise in quarterly profit on Monday, as strong revenue growth overseas offset flat sales in the economically troubled United States.

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Adobe profit rises with sales of creative programs

Oil dips after record near $140

June 16, 2008 on 4:20 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices eased on Monday as top world producer Saudi Arabia appeared poised to boost production to the highest level in decades to ease a record rally that has threatened global economic growth.

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Oil dips after record near $140

Paramount international box office passes $1 billion

June 16, 2008 on 3:30 pm | In Business News | No Comments

LOS ANGELES (Reuters) - Paramount Pictures International, which releases movies outside North America, said on Monday it has topped the $1 billion mark at overseas box offices behind hit films including “Iron Man” and the latest “Indiana Jones” saga.

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Paramount international box office passes $1 billion

Lehman CEO confident even as firm posts loss

June 16, 2008 on 3:23 pm | In Business News | No Comments

NEW YORK (Reuters) - Lehman Brothers Holdings Inc’s chief executive expressed confidence in the investment bank on Monday, sending its shares up as much as 9 percent even as it posted its first quarterly loss as a public company.

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Lehman CEO confident even as firm posts loss

Trust chairman sees change at Hershey

June 16, 2008 on 2:03 pm | In Business News | No Comments

CHICAGO (Reuters) - The chairman of the trust that has voting control over Hershey said change is needed to boost the company’s performance and improve the largest U.S. chocolate maker’s position for long-term growth, but he ruled out a sale of the company.

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Trust chairman sees change at Hershey

Oil hits record near $140

June 16, 2008 on 1:06 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil hit a record near $140 a barrel on Monday on weakness in the U.S. dollar and an emergency shutdown of a North Sea oil production platform that stirred supply worries.

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Oil hits record near $140

FTSE ends down as weak telecoms eclipse miners and oils

June 16, 2008 on 1:01 pm | In Business News | No Comments

ended lower on Monday, as losses in Vodafone and Unilever outweighed gains in mining and oil stocks on acquisition talk …

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FTSE ends down as weak telecoms eclipse miners and oils

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