Mr Murdoch, News Corp's chairman and chief executive, said the performance boded well for the future.

BBC: News Corp profits boosted by cable television

This quality has boded well for the company as other banking institutions have battled against extreme market volatility.

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Gliding up the corporate ladder, I thought I boded well with workplace challenges and arrogantly assumed I was too good to be stressed.

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He is one of the centrists whom Mr Bush will need if he is to work across party lines, so this ritual hazing hardly boded well.

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But ignoring the date completely would not have boded well for the prospects of forming a new government, let alone one that might entice the formerly excluded Sunni parties into government.

ECONOMIST: Iraq