BRIEFCASE YOUBET.COM INC. ENDS QUARTER IN BLACK.WOODLAND HILLS - Youbet.com Inc. finished in the black in the second quarter, the online horse race company announced Tuesday. Revenues increased to $5.7 million from $4.6 million a year ago, bolstered by increased interest around the Triple Crown by the horse Smarty Jones Smarty Jones (born February 28, 2001) is a thoroughbred race horse, and winner of the 2004 Kentucky Derby and Preakness Stakes. He is a third-generation descendant of Mr. . This made for earnings of $39,766, zero cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , an improvement over a loss of $982,545, 4 cents per share, in the same period a year ago. On Assignment sees revenue dip CALABASAS - On Assignment Inc. saw revenues fall slightly in the second quarter, but the medical staffing company reported Tuesday that it had dramatically reduced losses from the prior year. Revenue dipped to $46.3 million from $54 million in the like period last year, while its revitalization plan trimmed losses to $2.99 million, 12 cents per share, from a loss of $79.6 million, $3.15 per share a year ago. ValueClick will buy Pricerunner WESTLAKE VILLAGE - ValueClick Inc. announced Tuesday that it agreed to acquire privately held Pricerunner AB, a provider of online comparison shopping services in Europe. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. ValueClick, Pricerunner.com is the most popular comparison shopping site in Sweden and the third most popular site in the United Kingdom, with plans to expand in France and Germany later this year. ValueClick will acquire all outstanding equity interests in Pricerunner for $29 million, including cash and about 263,000 shares of ValueClick common stock to be issued to three management shareholders of Pricerunner. ValueClick agreed to provide additional cash and stock consideration totaling up to $6 million, contingent upon Adj. 1. contingent upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent on, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent Pricerunner exceeding certain performance milestones. The transaction, which was approved by Pricerunner shareholders and ValueClick's Board of Directors, is expected to close this month. Pricerunner will be integrated into ValueClick's European division. Oil prices climb to $44.15 a barrel NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Oil prices climbed to new highs Tuesday, rising above $44 a barrel in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , as global supply concerns and terrorism fears made for jittery trading at a time of strong demand. Light crude for September delivery rose 33 cents to settle at $44.15 on the New York Mercantile Exchange New York Mercantile Exchange (NYMEX) The world's largest physical commodity futures exchange. , topping the previous record, set Monday, of $43.82. On London's International Petroleum Exchange, September Brent crude futures hit a fresh 14-year high of $40.64, up 67 cents from Monday's settlement. Traders are investing largely on psychological factors, analysts said. Early Tuesday, the president of OPEC OPEC: see Organization of Petroleum Exporting Countries. OPEC in full Organization of the Petroleum Exporting Countries Multinational organization established in 1960 to coordinate the petroleum production and export policies of its warned the cartel could not immediately increase output to help curb prices. Halliburton will pay $7.5 million HOUSTON - Halliburton Co. will pay $7.5 million to settle a Securities and Exchange Commission probe that it failed to disclose a change in its accounting procedures in 1998 when the oil services conglomerate was run by Vice President Dick Cheney. Besides the company's fine, former Halliburton controller Robert C. Muchmore Jr. will pay a $50,000 penalty, the SEC announced Tuesday. Neither the company nor Muchmore admit nor deny the SEC's findings that the company didn't properly disclose the accounting change, which recognized revenue from unapproved un·ap·proved adj. Not approved or sanctioned: an unapproved vaccine; an unapproved protest march. claims on long-term construction projects. - Staff and Wire Services |
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