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Juniper Networks Profit Rises 66 Pct

Juniper networks, the second largest network equipment maker, said profit rose 66 percent in its first quarter and raised its outlook for the year.

Mac, iPhone sales boost Apple 1Q earnings

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Apple Inc. on Wednesday reported second-quarter profit rose 36 percent, beating analysts' expectations, while revenue climbed above $7 billion on stronger demand for its Macintosh personal computers and iPhones.
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Apple Acquires Chipmaker for $278 Mln

Apple Inc. has agreed to buy P.A. Semi Inc. in Santa Clara, Calif., a microprocessor design company known for its high-end, low-power chips, according to media reports.
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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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Ledger's Doctors Probed by Authorities

Two US doctors are being investigated by the Drug Enforcement Administration over the prescribing of the powerful painkillers Oxycontin and Vicodin to Australian actor Heath Ledger, according to news reports.
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NASA Reveals Most Incredible Moon Images Yet

NASA released new images Wednesday of the moon's south pole region, a potential landing spot for humans or robotic lunar missions, demonstrating the surface is rockier than previously thought and has peaks as high as 2.5 miles along with deep craters.
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Attorney in Britney Spears case vows to fight on

The attorney who claims to represent troubled pop star Britney Spears in the legal wrangling over control of her affairs vowed on Wednesday to continue his fight, one day after a federal judge ruled he is not the singer's lawyer.

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