| Oil prices remain near US$99 a barrel but market seen staying bullish
Oil prices were barely higher Friday from the previous session's close after setting a record above US$100 a barrel overnight on a larger-than-expected drop in U.S. crude stockpiles. Light, sweet crude for February delivery was up 4 cents to US$99.22 a barrel in electronic trading on the New York Mercantile Exchange by midday in Europe. On Thursday, the contract rose as high as US$100.09 a barrel, a trading record, before retreating to settle at US$99.18. In London, Brent crude fell 8 cents Friday to US$97.52 a barrel on the ICE Futures exchange. The U.S. Energy Department's Energy Information Administration said Thursday that crude inventories fell 4 million barrels last week, much more than the 1.7 million barrel decline analysts surveyed by Dow Jones Newswires, on average, had expected.
Police to launch investigation into detective's methods in Masters ...
Fort Collins police on Tuesday said they will launch an internal perjury and wiretapping investigation into Lt. Jim Broderick, the department's Internal Affairs supervisor. Broderick, who is out of state and unavailable for comment, is already under investigation by the Weld County District Attorney for the same allegations. They were made by defense attorneys for Timothy Masters, who was released from a life sentence Tuesday morning after DNA testing revealed a new suspect. .
Tuesday Morning Rangers Notes
It should take little more than a brief glance at my most recent piece to determine who falls into which category. Quite an admission coming from somebody whose sports idol growing up during the mid-90's was, in fact, Jason Kidd. Or, for that matter, coming from somebody who was devastated to the brink of tears at the age of nine, when Kidd was dealt to the Phoenix Suns in December 1996. But those days have long since passed. And though I'll always hold a special place in my heart for Kidd, the magic that once upon a time drew me in to the point of downright obsession with the Mavericks is gone. Probably forever. As far as I'm concerned, however, that same magic has just begun with Ian Kinsler and the Rangers. With that bit of sports reminiscing out of the way, onto some of the latest Rangers-related quick hits! ● According to T.R.
Category: Dell
Between the Lines Latest Post | Last 10 Posts | Archives Dell wants to sell you systems, but the Holy Grail may be managing them Posted in: General IT Management Software Infrastructure Hardware Infrastructure SaaS Dell Dell is more than happy to sell you well-designed notebooks with neat colors and work its corporate connections to boost sales. But it's becoming increasingly obvious that Dell's future is lightweight software and managing the gear it sells you as a service. The acquisition of MessageOne on Tuesday is really just the icing on the IT support cake. Consider the following milestones: Feb. 12: Dell announces purchase of MessageOne for $155 million. Jan. 28: Dell closes EqualLogic purchase, a $1.4 billion deal that gives the company more heft in high performance storage.
NYMEX Announces Trading and Processing Schedule for Martin Luther King ...
NEW YORK, Jan. 11 /PRNewswire-FirstCall/ -- New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX) , today announced a complete trading and processing schedule for the Martin Luther King, Jr. holiday (all in Eastern time): The full NYMEX 2008 holiday schedule can be found at: http://www.nymex.com/holida_schedu.aspx Forward Looking and Cautionary Statements This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to our future performance, operating results, strategy, and other future events. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, and similar words and terms, in connection with any discussion of future results.
TradeStation Group (TRAD) Reports In-Line Q4 Earnings; Guides Q1 EPS ...
TradeStation Group Inc. (Nasdaq: TRAD) reports Q4 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenues for the quarter were $40.2 million, versus the consensus of $40.92 million. The Company expects to report Q1 EPS of $0.16-$0.19, versus the consensus of $0.20. Revenues are expected to be $39-$42 million, versus $37.12 million. TradeStation sees FY08 EPS of $0.69-$0.86, versus $0.84 and revenues in the range of $158-$177 million. compared to the Street consensus of $167.18 million. TradeStation Group, Inc., through its subsidiaries, operates as an online brokerage firm covering equities, equity options, futures, and forex transactions. Related Categories Earnings Guidance Stocks Mentioned .
Getting Defensive
This year, gold could soar well above $1,000. The most exciting phase of the gold market is ahead. Gold still is cheap. Historically, the average Dow [industrials]-to-gold ratio was about 10 to 1. Now it's 15 to 1. Demand from ETFs is helping drive up prices. These funds now hold more than 865 tons of gold, up 34% from a year ago, and there are more ETFs coming online, including one sponsored by the State Bank of India. India is the biggest end-market for gold. On the supply side, mine production remains weak. South African production has been halved in the past 10 years. Political, environmental and economic issues, plus rising production costs, have kept supply growth down. Gross: What is the long-term real return on gold? Investors are always fascinated as it moves up 5% or 10%, but you never get any income.
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