Markets weaken as traders weigh long-term impact of higher crude oil prices

Other author's news:

• Specialty TV, radio ad sales boost Astral Media Q3 profit 25% to $24.5M - MONTREAL (CP) - Astral Media Inc. increased its quarterly profit by 25 per cent on the strength of advertizing at its specialty television and radio stations, the owner of the Movie Network, Viewer's Choice and the Family Channel said Thursday.
• Profit at World Wrestling Entertainment more than doubles on video sales - STAMFORD, Conn. (AP) - World Wrestling Entertainment Inc. said Monday that earnings for its latest quarter more than doubled as increases in its home-video business and more pay-per-view events fuelled revenue growth.
• Textile maker Priva earns $676,004 profit in 2004, reversing $611,723 loss in 2003 - MONTREAL (CP) - Textile products maker Priva Inc. posted a profit for 2004 as higher revenues and cost controls helped the company reverse a loss in the previous year.

Similar news:

• Stock markets mixed as high oil prices, Intel Q2 report weigh on markets - TORONTO (CP) - Higher energy and metals stocks led the Toronto stock market to a slight gain at the close Wednesday.
• Record high oil prices weigh on markets - Markets in Tokyo and Seoul eased onMonday on fears that record-high oil prices will crimp consumerspending and corporate profits, but gains in resource sharespushed Australian shares to a fresh record high.U.S. crude futures rose to just above $59 a barre

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