Business / Tags / Record

+9
Important
100% Credible

Oil soars to new record over $135

BUSINESS / NEWS Thu May 22, 2008 @ 8:22am neoform
BBC News -- Oil prices hit a record high above $135 a barrel on Thursday, having rocketed by more than $4 a barrel on Wednesday. US light, sweet crude for July delivery reached $135.09, taking its gain for the year so far above 40%. The main driver was the US c.. Read More
+7
Interesting
100% Credible

Stocks Unable to Sustain Rally

BUSINESS / NEWS Thu Mar 13, 2008 @ 8:16am neoform
BusinessWeek -- Skepticism about the Fed's $200 billion liquidity plan, and another record closing high for oil, dragged the market lower Wednesday Major U.S. stock indexes closed lower Wednesday as trading turned more cautious after the market's huge rally in the pre.. Read More
+9
Important
100% Credible

Oil sets fresh record above $109

BUSINESS / NEWS Tue Mar 11, 2008 @ 8:20am neoform
BBC News -- The price of crude oil has set a fresh record at $109.20, its fifth day in a row of historic highs. New York light sweet crude fell back after hitting the high to trade at $108.75. London Brent set a record at $105.40, before retreating to $105.06... Read More
+8
Important
100% Credible

Oil hits record high above $103

BUSINESS / NEWS Fri Feb 29, 2008 @ 8:12am neoform
CNN -- Oil prices briefly surpassed $103 a barrel for the first time Friday as persistent weakness in the U.S. dollar and the prospect of lower interest rates attracted fresh money to the oil market. Light, sweet crude for April delivery on the New York Mercanti.. Read More
+6
Interesting
80% Credible

Boeing wins 1,413 orders in 2007

BUSINESS / NEWS Fri Jan 4, 2008 @ 8:52am neoform
MSNBC -- Boeing Co. blew past an order record it set two years ago, selling 1,413 commercial jets in 2007 while delivering 441 planes, its best showing in six years. The single-aisle 737 remains its best-seller, followed by the new midsize, long-haul 787 Dreaml.. Read More
+7
Important
100% Credible

Oil prices steady above $97

BUSINESS / NEWS Fri Nov 23, 2007 @ 8:22am neoform
CNN -- Oil prices were little-changed Friday as the market turned its attention to OPEC for signals on whether the cartel will raise production to ease record prices. Light, sweet crude for January delivery added 14 cents to $97.43 a barrel in electronic trading.. Read More
+11
Important
90% Credible

Oil hit another record, above $97

BUSINESS / NEWS Tue Nov 6, 2007 @ 6:37pm neoform
CNN -- NEW YORK (CNNMoney.com) -- Oil prices set another record high Tuesday, jumping over $2 on fears of dwindling supplies in the United States, projections for strong worldwide demand and a falling U.S. dollar. A suicide bombing in Afghanistan that killed.. Read More
+13
Interesting
100% Credible

Loonie at highest level on record

BUSINESS / NEWS Thu Nov 1, 2007 @ 1:00am neoform
www.reportonbusiness.com -- The seemingly unstoppable Canadian dollar surged to its highest level yet Wednesday, topping 106.17 cents (U.S.). The record came just after 4 p.m., when official trading ended for the day. Officially, the dollar closed at 105.85 cents, up nearly a cen.. Read More
+10
Interesting
100% Credible

Dollar hits record low against euro

BUSINESS / NEWS Thu Sep 20, 2007 @ 8:22am neoform
BBC News -- The US dollar hit a new record low against the euro as investors sold the currency after the Federal Reserve's hefty interest rate cut. The greenback dropped below the psychologically important $1.40 against the euro, deepening recent losses. The eu.. Read More
+10
Important
100% Credible

US Dollar Hits Record Low Against Euro

BUSINESS / NEWS Thu Sep 13, 2007 @ 8:28am neoform
New York Times -- The U.S. dollar stumbled to a record low against the euro and was mixed against other major currencies in European trading Thursday morning. Gold was steady. The euro, in its second straight day of record-setting, hit an all-time high of $1.3927 Thursd.. Read More
+6
Interesting
100% Credible

Broad S& P 500 Hits Record High

BUSINESS / NEWS Thu May 31, 2007 @ 8:18am neoform
Washington Post -- The Standard & Poor's 500-stock index hit a record high Wednesday, marking a four-year recovery of U.S. stocks battered by the burst of the tech bubble, the collapse of Enron and WorldCom, the Sept. 11, 2001, attacks and the wars in Afghanistan and Iraq... Read More
+8
Important
100% Credible

Here comes $4 gasoline

BUSINESS / NEWS Mon May 7, 2007 @ 3:55pm neoform
CNN -- With gas prices near record highs, experts say $4-a-gallon gasoline is just around the corner. "I think it's going to happen," said Phil Flynn, a senior market analyst at Alaron Trading in Chicago. "Unless things change dramatically, I think we're goin.. Read More
+6
Interesting
100% Credible

Dow Jones Breaks Into Record Territory

BUSINESS / NEWS Tue Apr 17, 2007 @ 3:52pm neoform
Washington Post -- Wall Street traded mostly higher Tuesday, pushing the Dow Jones industrials into record territory after a rise in home construction and a mild reading on consumer inflation encouraged investors to buy. But the technology-dominated Nasdaq composite inde.. Read More
+9
Interesting
100% Credible

Shell reports record $25bn profit

BUSINESS / NEWS Thu Feb 1, 2007 @ 9:27pm neoform
BBC News -- Oil giant Royal Dutch Shell has reported record annual profits of $25.36bn (£12.94bn) for 2006... Read More
+15
Important
100% Credible

Exxon Mobil posts U.S. record annual profit despite decline in 4Q results

BUSINESS / NEWS Thu Feb 1, 2007 @ 3:10pm neoform
Boston Herald -- Oil giant Exxon Mobil Corp. on Thursday posted the largest annual profit by a U.S. company - $39.5 billion - even as earnings for the last quarter of 2006 declined 4 percent... Read More
+10
Interesting
100% Credible

Record Labels Sue Web Site Operator of AllOfMp3.com

BUSINESS / NEWS Thu Dec 21, 2006 @ 8:17am neoform
Washington Post -- Several major record labels sued the operator of the Russian music Web site AllofMP3.com on Wednesday, claiming the company has been profiting by selling copies of music without their permission... Read More
+1
Under Rated

Virgin Blue shares hit record low

BUSINESS / NEWS Mon Apr 14, 2008 @ 8:13am neoform
CNN -- Shares of Virgin Blue Holdings Ltd., Australia's second-largest airline, plunged to a record low Monday after the company dropped its annual profit forecast due to rising fuel costs and tough competition. Virgin Blue shares closed down 21.62 percent, or 2.. Read More
+1
Under Rated

Maui is first area in U.S. to average $4 gas

BUSINESS / NEWS Fri Apr 11, 2008 @ 8:17am neoform
MSNBC -- The average price of regular gasoline on Maui island has reached a record $4 a gallon. Wailuku is the first area in the nation tracked by AAA's Daily Fuel Gauge Report to hit the $4 mark. In the remote coastal town of Hana, the price is around $4.55 a.. Read More
+1
Under Rated

Record Labels' Digital Future

BUSINESS / NEWS Fri Apr 4, 2008 @ 8:15am neoform
BusinessWeek -- Even as they cut a deal with MySpace for online music, the record labels are looking at other ways to make money online On Apr. 3 the recording industry sent a clear signal about its changing attitude toward the Internet. The social networking site MyS.. Read More
+1
Under Rated

Oil execs to Congress: Don't blame us for energy woes

BUSINESS / NEWS Wed Apr 2, 2008 @ 8:18am neoform
SF Gate -- Executives from San Ramon's Chevron Corp. and four other major oil companies defended their record profits Tuesday before a hostile Congress, led by Democrats who criticized the oil giants for doing little to cut gas prices or invest in renewable energy... Read More
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