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April auto sales hurt by higher gas prices (Reuters)

A sign at a gas station shows prices in Los Angeles, California April 25, 2006. Higher gasoline prices rippled through U.S. auto sales in April, hurting demand for sport-utility vehicles and boosting sales of fuel-efficient models in an otherwise slack market, according to data released on Tuesday. (Fred Prouser/Reuters)Reuters - U.S. auto sales fell in April as high gas prices hurt sales of most sport utility vehicles and trucks, leading to a further erosion of market share for U.S. automakers against their Asian rivals.




Adobe sees net at low end of range, shares off 7 pct (Reuters)

Adobe's Photoshop CS2 software in an undated photo. Adobe said on Tuesday it sees second- quarter profit and revenue at the low end of its previous targets, sending the company's shares down after hours. (Handout/Reuters)Reuters - Design software maker Adobe Systems Inc. said on Tuesday it sees second- quarter profit and revenue at the low end of its previous targets, sending the company's shares down 7 percent after hours.




Enron's Lay ends testimony, swears innocence (Reuters)

Former Enron chairman Ken Lay and his wife Linda arrive at federal court in Houston, May 2, 2006. (Richard Carson/Reuters)Reuters - Former Enron Corp. chief Kenneth Lay wrapped up his testimony on Tuesday, proclaiming he was innocent of any crimes at the now-ruined company that he built into an international energy powerhouse.




EDS reports higher quarterly profit (Reuters)

Electronic Data Systems Chairman and CEO Michael Jordan addresses a summit in New York, February 26, 2004. The computer-services company on Tuesday reported higher quarterly profit and revenue. (Henny Ray Abrams/Reuters)Reuters - Computer-services company Electronic Data Systems Corp. on Tuesday reported higher quarterly profit and revenue.




MasterCard profit rises 37 percent as IPO looms (Reuters)
Reuters - MasterCard Inc., the credit card association that is preparing to go public, said on Tuesday first-quarter profit rose 37 percent as consumers and businesses spent more on its cards.


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