Stocks slip after HP earnings disappoint investors
U S market indices fell modestly as Hewlett Packard reported earnings and sales below expectations, damping tech rallies. Dow dropped 31.39 points to 9397.51 while the Nasdaq slipped 0.57 percent to 1760.54 and the S&P 500 fell 2.05 points to 1000.30. HP tumbled 10.5 percent to 19.80.
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Matosten
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CIA
HiSheart Bic Open
Dai
Chevailex
PapsiCa NY
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ASAB
Pier Ny i
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GerbSc Ts
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Rellanthis
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Global Sick International
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Siaie
Mullen Gore
Juan Val
Manus Snellet
Noir Veil
Dell slashes prices on computers and servers
Round Rock Dell announces price cuts across desktops notebooks printers and projectors with up to 47 inch monitor at 399 a 20 percent cut on the monitor and up to 2800 in savings on PowerEdge servers. Corporate buyers see up to 550 off certain Precision workstations and up to 50 off Optiplex desktops.
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Dell Computer
Dell
Marathon to sell Western Canada oil interests for 588 million
Marathon Oil Corp. will sell its reserves and production interests in Western Canada to Husky Energy for 588 million dollars, with EOG Resources also buying some properties from Husky for 320 million. Both deals await approvals and are expected to close in Q4 this year.
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Houston
Marathon Oil Corp
Western
Canada
Husky Energy Inc
EOG Resources Inc
Calgary
Alberta
Husky
Associated Press
Oil futures rise after EIA and API inventories show draws
Oil futures gained on the NYMEX and LME after government and industry reports showed crude stocks fell the prior week. September Nymex crude rose 25 cents to 30.95, October Brent up 37 cents to 28.84, with API and EIA estimates placing draws at about 0.6 to 2.0 million barrels and refinery throughput rising, shaping cautious bullishness.
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NEW York
New York Mercantile Exchange
Tim Evans
IFR Pegasus
SAIS
Nymex
London
International Petroleum Exchange
US Department of Energy
The
Energy
API
Evans
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