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Disney profit up on strong TV showing (Reuters)

The main entrance to The Walt Disney Company in Burbank. Disney reported a higher net profit on Tuesday due to strength in its broadcasting business, which has seen its advertising rates and viewership soar on hit shows like 'Desperate Housewives' and 'Lost.' (Fred Prouser/Reuters)Reuters - Walt Disney Co reported a higher net profit on Tuesday as strength in its television business and theme parks outweighed a dip in profits at its studio.




Cisco quarterly revenue beats Wall Street view (Reuters)

The Cisco headquarters in San Jose. Cisco on Tuesday posted a slight fall in quarterly profit on stock options expensing, although revenue beat Wall Street views. (Handout/Reuters)Reuters - Cisco Systems Inc. on Tuesday posted a slight fall in quarterly profit on stock options expensing, although revenue beat Wall Street views, boosted by the acquisition of cable set-top box maker Scientific-Atlanta.




Gold climbs above $700 (Reuters)

A security guard places several one-kilo gold bars inside a secured vault in Dubai April 20, 2006. U.S. benchmark gold futures scaled a new 25-year high at $700 an ounce on Tuesday, boosted by relentless investor buying powered by geopolitical concerns and expectations of further price gains ahead, dealers said. (Tamara Abdul Hadi/Reuters)Reuters - Gold spiked up to a new 25-year high above $700 an ounce on Tuesday on dollar weakness, while platinum set a new record on strong industrial demand and fund buying.




Markets ponder Bernanke-speak, benefits of clarity (Reuters)

U.S. Federal Reserve Chairman Ben Bernanke testifies at the House Financial Committee on Capitol Hill in Washington in this February 15, 2006 file photo. (Jason Reed/Files/Reuters)Reuters - Federal Reserve Chairman Ben Bernanke has got a communication problem, but it isn't the one that markets blame him for and it isn't his fault.




Stocks end mixed, but Dow nears all-time highs (Reuters)

Traders work on the floor of the New York York Stock Exchange April 28, 2006. (Shannon Stapleton/Reuters)Reuters - Blue-chip stocks rallied to a six-year-high on Tuesday -- driving the Dow Jones industrial average up to within about 100 points of its highest-ever close -- as investors grew optimistic that the Federal Reserve soon will signal a pause in nearly two years of interest-rate hikes.





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