Google posts profit gain, but falls short of estimates

Date: Thu, 17 Jul 2008 17:04:25 -0400
Google posts profit gain, but falls short of estimates

Google Inc. says its fiscal second-quarter profit rose, though fell
short of analysts' estimates.

Merrill reports $4.65 bln quarterly loss; sells Bloomberg stake

SAN FRANCISCO
Merrill Lynch & Co. reported a $4.65 billion second-quarter net loss
late Thursday as the brokerage firm was hit by more write-downs on large
mortgage-related exposures.

Market Snapshot: U.S. stock rally for a 2nd day, greased by financials
and oil

U.S. stocks rally for a second day after oil drops below $131 a barrel
for the first time in six weeks and as financial shares surge higher,
buoyed by J.P. Morgan Chase's financial results, which beat forecasts.

Crude closes below $130; down nearly $16 in three sessions

Crude-oil futures close below $130 a barrel, extending three-day losses
to neraly $16 and leading broad declines in most commodities.

Real Estate: Top 10 'walkable' cities have a leg up with gas at $4 a
gallon

High gas prices are getting most people down these days -- unless,
perhaps, they live in San Francisco.