U.S. crude stocks fell last week for the first time since the week ending Jan. 2, while gasoline and distillate inventories rose, data from the Energy Information Administration showed on Wednesday.

Crude inventories fell by 3.9 million barrels in the last week, compared with analysts' expectations for an increase of 1.5 million barrels.

Crude stocks at the Cushing, Oklahoma, and delivery hub fell by 12,000 barrels, EIA said.

Refinery crude runs rose by 247,000 barrels per day, EIA data showed. Refinery utilization rates rose by 1.7 percentage points.

Gasoline stocks rose by 401,000 barrels, compared with analysts' expectations in a Reuters poll for a 867,000-barrel gain.

Distillate stockpiles, which include diesel and heating oil, rose by 1.5 million barrels, versus expectations for a 117,000-barrel drop, the EIA data showed.

U.S. crude imports fell last week by 905,000 barrels per day.

 

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1. Apple iPad’s retina display is actually manufactured by Samsung.

17 Interesting Things You Didn't Know About Apple

 

2. Some fake Apple stores in China are so realistic, even employees are convinced.

 

3. Smoking near Apple computers voids the warranty.

17 Interesting Things You Didn't Know About Apple

 

4. Apple sold 411,000 iPhones per day in 2013.

 

5. Apple owns the patent for the “slide to unlock” feature.

17 Interesting Things You Didn't Know About Apple

 

6. The iPod’s code name was Dulcimer. The iPhone’s was “M68.”

 

7. Apple once had more operating cash in the bank than the U.S. Treasury.

 

8. Jonathan Ive has worn the same T-shirt in every Apple product intro video since 2000.

 

9. The original Apple 1 computer sold for $666.66.

The original Apple 1 computer sold for $666.66.

 

10. Employees at Apple headquarters in Cupertino earn an average of US $125,000 a year.

 

11. The very first image shown on the Macintosh was of Disney character Scrooge McDuck.

17 Interesting Things You Didn't Know About Apple

 

12. Steve Jobs eliminated all corporate charity programs in 1997.

Steve Jobs eliminated all corporate charity programs in 1997.

 

13. Everything you say to Siri is sent to Apple, analyzed, and stored for up to two years.

17 Interesting Things You Didn't Know About Apple

 

14. Apple’s iPhone has higher sales than everything Microsoft has to offer.

 

15. Carl Sagan sued Apple for defamation, but lost.

 

16. Apple’s original logo featured Isaac Newton.

Apple's original logo featured Isaac Newton:

 

17. Steve Wozniak sold 80,000 of his own Apple shares for cheap prices to employees who otherwise wouldn’t have gotten any after the IPO.

 

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itsagirl


All UK is celebrating the newborn princess and finance world celebrates a great opportunity of profit in the Beginning of trading near by Monday.



Although the first imagination that GBP will get stronger and rise in the next several days is sounds as a good idea, our analysts predict Strong start for GBP on Monday and from that moment will be downfall, the market is reacting on the news of a New baby in a royal family with a trick of it’s own while the assumption that GBP will get stronger – in reality it will lose it grip and will be getting weaker.



 

 

The digital crown is the little button that sticks out of the side of the Apple Watch, and is used for scrolling through apps, emails, and lots of important functions on the device. But customers are complaining that their digital crown keeps getting sticky.

Mac Rumors reports that the digital crown has been getting sticky for some customers, refusing to move or sometimes requiring effort to make it turn.

It's not completely clear what could be causing the sticky crowns. The issue is probably due to dust or sweat sticking in the indentation.

Apple has some unusual advice for people who are experiencing sticky crowns: Hold your watch under a tap for 15 seconds. Now, the Apple Watch isn't actually waterproof, so the advice does seem a little strange. But Apple says that running water over the crown will free up any dirt and get it moving again.

If this solution Apple suggested won’t help enough customers, this might hurt Apple’s stock.

 

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Dick Costolo’s credibility is on the line.

Twitter Inc.’s chief executive officer failed to foresee a slowdown that forced the social-media company to miss analysts’ first-quarter revenue estimates and cut its 2015 sales forecast, and the stock slumped 18 percent.

While this isn’t the first time Twitter has fallen short on promised results, investors had been told that new features and services, as well as a management overhaul, were starting to pay off. Now, with results missing projections and executives warning of a “slow start” to April user additions, analysts are asking whether Twitter’s potential market is limited and about management’s ability to lure more users and advertisers.

“Management will again have to address credibility concerns,” Mark Mahaney, an analyst at RBC Capital Markets, wrote in a note to investors. The quarter’s performance “raises the question of how much visibility into advertiser and consumer demand for its offerings Twitter really has,” he said.

Even after introducing new products and features to attract more people, growth in the number of monthly active members decelerated as the number of users rose 18 percent to 302 million in the latest quarter, compared with 20 percent in the prior period, Twitter said in a statement Tuesday.

Twitter fell $9.39 to $42.27 at the close in New York. The stock traded at the equivalent of $41.90 as of 8:35 a.m. in Frankfurt.

 

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Apple sold 61.2m iPhones in first three months of 2015, reporting revenues of $58bn as strong sales from China propelled the tech company to another record quarter.

The Californian tech giant was aided by strong sales of the new iPhone 6 and the larger iPhone 6 Plus in China during February’s Chinese New Year. Analysts polled by Bloomberg had expected Apple to sell 58.1m iPhones and for the company to report revenues of $56bn. The number far exceeded the 43.7m iPhones that Apple sold in the same period a year ago.

Revenue from China rose 71% to $16.82bn. That compares with $21.3bn in the Americas region, which was up 19%. Tim Cook, Apple’s chief executive, has previously predicted that China will become Apple’s largest market.

“We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever,” said Cook, announcing the company’s latest quarterly results after US stock markets had closed. “We’re seeing a higher rate of people switching to iPhone than we’ve experienced in previous cycles, and we’re off to an exciting start to the June quarter with the launch of Apple Watch.”

On a call with analysts Cook said the company had an “incredible quarter” in China driven in large part by iPhone sales. Sales of Macs rose 31% in China. Cook said the company had benefitted from an expansion its physical retail and online presence in the country.

“I’ve never seen as many people coming into the middle class as I have in China and that is where the bulk of our sales are going,” he said.

With a net operating profit of $13.6bn, a 33% increase, the only fly in the ointment is the continued decline of iPad sales, off year-over-year for the second quarter running as smartphones with larger screens – including the 6 Plus – become more widely adopted.

 

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