- Mukesh Buch
- 21 Jul, 2011
- New York City
ABB second quarter net earnings soared 43% to $893 million. AT&T second quarter net income fell 10% to $3.59 billion. Danaher second quarter net income surged to $648.8 million. Morgan Stanley reported second quarter loss of $558 million. PepsiCo net income in the quarter rose 18% to $1.9 billion.
- Arthi Gupta
- 21 Jul, 2011
- New York City
The UK indexes traded higher after retail sales rose 0.3% and public sector net borrowing fell in June. Investors turned cautious ahead of the European ministers
- 123jump.com Staff
- 21 Jul, 2011
- New York City
The non-alcoholic beverage company said quarterly net operating revenues rose 47% to $12.74 billion. Net income in the quarter increased 18% to $2.8 billion. Earnings per diluted share climbed to $1.20 compared to $1.02 per diluted share in the year earlier period.
- Arthi Gupta
- 21 Jul, 2011
- New York City
U.S. indexes gained after upbeat earnings. Weekly jobless claims rose 10,000 to 418,000. Express Scripts agreed to buy Medco Health for $29 billion. PepsiCo net rose 18%.
- Arthi Gupta
- 21 Jul, 2011
- New York City
European private sector growth slowed in July. Euro area current account deficit widened and German construction orders improved in May. Swiss investor confidence slumped in July. Dutch jobless rate slid in June.
- Arthi Gupta
- 21 Jul, 2011
- New York City
European indexes traded lower ahead of the euro-zone summit in Brussels today as France and Germany struck a deal to provide a bailout and restrict private lenders participation. The Spanish Treasury completed the sale of
- Nigel Thomas
- 21 Jul, 2011
- New York City
Stocks in Japan edged higher on a regional rally and after it posted a surprise trade surplus in June. The exports decline slowed to 1.6% fall in the month but imports rose to 9.8%. Japan still logged the third largest trade deficit in the first half since record keeping began in 1979.
- Marcus Jacob
- 21 Jul, 2011
- New York City
The benchmark index in Australia closed higher after resource stocks rebounded. The world sentiment improved after the U.S. debt talks progressed and European minister appear to have a plan for the second Greek bailout. Newcrest Mining said gold production soared 16%.
- 123jump.com Staff
- 21 Jul, 2011
- New York City
The information technology company reported total quarterly revenues rose 12% to $26.7 billion. Net income in the quarter increased 8% to $3.7 billion. Earnings per diluted share grew to $3.00 compared to $2.61 per diluted share in the same quarter last year.
- Mukesh Buch
- 20 Jul, 2011
- New York City
Abbott second quarter net earnings soared 50% to $1.9 billion. Apple third quarter net profit surged to $7.31 billion. BlackRock second quarter net income surged 45% to $619 million. Ecolab made merge agreement with Nalco for $8 bn. United Technologies second quarter net income rose 21%to $1.32 bn.
- Bikram Pandey
- 20 Jul, 2011
- New York City
The U.S. indexes traded sideways after 90% of the 65 companies in the S&P 500 index so far reported better than expected earnings. The surge in Apple Inc
- Arthi Gupta
- 20 Jul, 2011
- New York City
The UK indexes climbed after gross mortgage lending fell in June. The Bank of England policymakers remained divided on rates and quantitative easing. Melrose completed the disposal of Dynacast division for
- Nigel Thomas
- 20 Jul, 2011
- New York City
Stocks in Japan gained following a rally in tech stocks and banking stocks. Apple Inc earnings lifted Toshiba Corp, Softbank and Foster Electric. Banks gained after the U.S. debt talks jitters eased. Yasakawa Electric earnings lift robot makers.
- Arthi Gupta
- 20 Jul, 2011
- New York City
U.S. indexes rose after mortgage application activity soared. Energy Transfer agreed to acquire Southern Union in $9.4 billion deal and Ecolab agreed to buy Nalco for $5.4 billion. CNOOC agreed to acquire OPTI for $2.1 billion. Apple earnings surged on strong sales of iPhones and iPad.
- Marcus Jacob
- 20 Jul, 2011
- New York City
Australian stocks soared tracking a surge in international markets and BHP reported strong production. However the index of leading indicators and consumer spending declined to the slowest growth in 20 months. Woolworths reported food and liquor sales dropped 10% in the quarter.