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It’s tough times for women in Karnataka — they’re increasingly falling prey to all kinds of atrocities. Last year was the worst over a five-year period, and husbands or their relatives were the perpetrators in most cases.
equity trading at The Williams Capital Group in New York."I think you do a little profit-taking now, go through the summer and see how the rest of second-quarter earnings come out, and then kind of ascertain what's going on after that."The Dow Jones industrial average .DJI gained 67.79 points, or 0.77 percent, to 8,915.94. economic growth and corporate profits."People can get a bit euphoric with a couple of positive economic numbers and earnings ... Federal Reserve Chairman Ben Bernanke said in testimony before a congressional panel that mounting joblessness, slumping home values and tight credit were likely to curb consumer spending -- a major driver of U.S. (Reporting by Gabriel Madway; Additional reporting byTiffany Wu; Editing by Richard Chang) Stocks Media France. NEW YORK (Reuters) - Stocks rose on Tuesday as a solid profit from Caterpillar Inc (CAT.N) overcame some uneasiness about the company's outlook for the current quarter, but the gains were limited as some investors paused following the recent earnings-fueled run-up. The CFO said he expects sales oftraditional iPods to decline over time, cannibalized by theiPhone and iPod Touch. Shares of Cupertino, California-based Apple closed at$151.60 on Nasdaq and rose to $157.02 in extended trading.
"We hit the ball out of the park with Mac sales," he said."In a better economy we'd be selling more." Apple shipped 10.2 million iPods in the quarter, down 7percent year on year. In an interview with Reuters, Apple Chief Financial OfficerPeter Oppenheimer said back-to-school-sales are in their earlystages but started off well. The results demonstrated the consumer appeal of Apple'sproducts despite a troubled economy that has dented sales atcompetitors selling less expensive products. Investors have snapped up Apple's stock this year, pushingit up at a pace well ahead of other big technology issues. Revenue rose 12 percent to $8.3 billion in the Junequarter, versus analysts' average estimate of $8.2 billion. "The forecast for Q4 is strong relative to what I thoughtthey were going to do," said Pacific Crest's Hargreaves.
While that was below the average analyst estimate of $1.30in earnings per share and $9.1 billion in revenue for thefiscal fourth quarter, it had little impact on investors. "Wethink they are very uniquely positioned with their competitiveadvantages. They do the hardware, software and service, andthat really allows them to have a leg up against competitors." OUTLOOK CONSERVATIVE Apple issued a typically conservative outlook for thecurrent quarter, forecasting earnings of $1.18 to $1.23 a shareon revenue of $8.7 billion to $8.9 billion. "The overall takeaway is that Apple continues to execute inthis tough environment," said Kaufman Bros analyst Shaw Wu. There had been some concern about margin pressure headinginto the results, given the product price cuts and the trend ofhigher component costs. But Apple posted a gross margin of 36.3 percent, above the34 percent that some analysts had predicted.
That compared with36.4 percent in the last quarter and 34.8 percent a year ago.Cook forecast margins at 34 percent in the September quarter. The company said almost 20 percent of Fortune 500 companieshave bought at least 10,000 iPhones, and it is currently unableto make enough iPhone 3GSs to meet a demand -- a problem Appleis working to address. "And then the iPhone isdoing tremendously well and that is a potent combination." Sales of Macs and iPhones both beat analysts' expectations,helped by product refreshes and lower prices, while iPodshipments were toward the low end of forecasts. Apple said it sold 2.6 million Macs, up 4 percent from ayear ago, and 5.2 million iPhones in the June quarter, duringwhich the company had launched its third-generation iPhone 3GSand cut the price on the second-generation model to $99.
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