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laptop computers is driving strong sales for notebook computers, according to the latest quarterly sales figures from the research firm IDC, which reported a 37% computer sales for the second quarter, compared with a year earlier. In the U.S., laptop sales grew 17.7%, while sales of desktop computers and servers fell 4%. The New York Times ( 10), CNET ( 10)
Thinkpad Dallas refiner, Holly Corporation, said its crude oil prices increased faster than refined products resulting in lower earnings for the third quarter.
According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.
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Laptop Computers Nov 5, 2004 (AXcess News) Dallas TX - Dallas refiner, Holly Corporation (NYSE: HOC), said its crude oil prices increased faster than refined products resulting in lower earnings for the third quarter.
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Laptop Computer The company said Thursday that it reported net income of $11.5 million, or $0.36 per diluted share, for the three months ended September 30, 2004, compared to net income of $17.6 million, or $0.55 per diluted share for the same period last year.
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Desktop Computer Holly said its third quarter sales were $597.4 million compared with $415.3 million a year ago.
Notebooks Net income for the nine months ended September 30, 2004 was $76.5 million, or $2.37 per diluted share, an increase of $29.4 million from net income of $47.1 million, or $1.47 per diluted share a year ago.
Lenovo During the third quarter of 2004, crude oil price increases outpaced increases in refined product prices resulting in reduced refinery gross margins.The gross refinery margin per produced barrel decreased 12% from $8.42 in the third quarter of 2003 to $7.41 in the third quarter of 2004.Advertisement
Hard Drive CSFB had raised its earnings estimates on Holly Corp Oct 5 to $3.40 from $3.27 a share and its 2005 estimate was raised to $1.91 from $1.20 a share.
Travelstar Shares of Holly Corp (NYSE: HOC) closed up 35 cents at $24.97 Thursday.
Gateway ExxonMobil (NYSE: XOM) closed up 92 cents at $50.19. The company said Thursday it was seeking consent to increase its capacity at its largest US plant in Houston by 18,000 barrels per day.
Laptop Parts Giant Industries, Inc. (NYSE: GI) closed down 25 cents at $24.94. The company has not had any news since early October when it said it would restart its 61,900-barrel-per-day Yorktown, Virginia refinery.Valero Energy (NYSE: VLO) closed up 45 cents at $42.39. The company said Monday that it will purchase Kaneb Services and Kaneb Pipe Line Partners in a $2.8 billion deal that will create one of the nation's largest petroleum pipeline and oil terminal operators.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.
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