Thursday, December 20, 2007

Research In Motion earnings surge as sales double

Date: Thu, 20 Dec 2007 22:06:13 (GMT)
Research In Motion earnings surge as sales double

Research In Motion Ltd. on Thursday saw earnings more than double for
its third fiscal quarter amid continued strong demand for the
company's BlackBerry line of smart-phone devices.

MarketWatch First Take: EPA, California square off for round two in
emissions fight

The Environmental Protection Agency's refusal to let California do
what it has done for decades, set stricter emission standards, has
outraged environmentalists and politicos who see the heavy hand of
Detroit in the decision.

Market Snapshot: Stocks end higher as Oracle profits override financial
woes

U.S. stocks finished higher on Thursday, as blow-out profits from
software-maker Oracle Corp. and hopes of more fireworks from Research In
Motion Ltd. after the close helped overcome continuing troubles in the
financial sector.

IPO Report: NetSuite rallies 36% after shaky start
NetSuite Inc.'s stock rose 36% Thursday after going on a rollercoaster
ride that marked its debut as a publicly traded company.

FedEx sputters with lower profit as fuel costs soar

FedEx shares came under selling pressure Thursday as second-quarter
earnings fell 6% because of higher fuel prices and a soft U.S. economy,
offset in part by continued strong growth overseas.

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