Wednesday, April 23, 2008

Apple earnings rise 36% behind strong Mac sales

Date: Wed, 23 Apr 2008 18:00:52 -0400
Apple earnings rise 36% behind strong Mac sales

Apple Inc.'s second-quarter profit rises 36% from a year ago as revenue
climbs above $7 billion on strong sales of Macintosh PCs and iPhones.

FundWatch: 'Worst is over' for stocks, Legg Mason's Miller says

SAN FRANCISCO
The "panic phase" of the credit meltdown is over -- ending with the
collapse last month of brokerage Bear Stearns -- and stocks are poised
to post strong gains in coming months, veteran mutual-fund manager Bill
Miller says.

Market Snapshot: U.S. stocks gain altitude with lift from Boeing
results

U.S. stocks turn higher with better-than-forecast profit at aircraft
manufacturer Boeing Co. helping fuel investor optimism after two
sessions of losses.

Steel prices defy slump in transportation, housing sectors

A surge in steel prices to record highs this year has defied a slump in
the auto and construction
sectors, setting up better times for producers but adding to steep
costs squeezing industrial users.

Capitol Report: In Indiana, Obama must out-Clinton Clinton

WASHINGTON
Barack Obama's concession speech after he lost Pennsylvania's primary on
Tuesday was chock-full of references to the economy. Smart move. In
Pennsylvania, more voters who said they were concerned about the economy
voted for Hillary Clinton. Now, with Indiana's May 6 primary on the
horizon, Obama has a chance to win those kinds of voters.

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