2.40%C 7.82 8.31%UYG 5.47 10.28%
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Among the earnings stories for Tuesday, May 13, from AP Financial News:
SANTA CLARA, Calif. (AP) -Chip manufacturing equipment maker Applied Materials Inc. said Tuesday its fiscal second-quarter earnings fell 27 percent on a decline in new orders, but the results still matched Wall Street's expectations.
NEW YORK (AP) -Petroleum Development Corp. said Tuesday it swung to a first-quarter loss, mainly as a result of a $39.9 million charge related to derivatives.
NEW YORK (AP) -Shares of U.S. Shipping Partners LP lost more than a quarter of their value Friday, after the petroleum and chemical shipper said it swung to a first-quarter loss, hurt by slipping charter rates and longer idle periods due to waning demand.
NEW YORK (AP) -Shares of Tercica Inc. fell to their lowest price in almost two years Tuesday after the biopharmaceutical company posted disappointing first-quarter results, including weak sales of key drugs and higher expenses.
MADRID, Spain (AP) -Spain's Repsol YPF became the latest oil company to post fat profits from soaring crude prices, reporting Tuesday that first-quarter profits jumped 37 percent.
U.S. stocks fell on Wednesday after signs of weakening employment and a contraction in service industries overcame earlier gains in the trading s...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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