- 123jump.com Staff
- 23 Sep, 2010
- New York City
The automotive parts and accessories retailer quarterly net sales increased 9.5%to $2.44 billion on domestic same store sales rise of 6.7%. Net income in the quarter improved 13.9% to $268.93 million on higher sales. Earnings per share grew to $5.66 from $4.43 per share last year.
- Bikram Pandey
- 22 Sep, 2010
- New York City
U.S. stocks traded sideways as investors speculated next Fed move to stimulate the economy. The U.S. dollar declined and gold and copper edged higher. European indexes closed lower and Asian markets traded mixed. Microsoft filed to sell $4.75 billion in debt securities.
- Bikram Pandey
- 22 Sep, 2010
- New York City
Adobe Systems plunged 20% after it reported lower than expected third quarter. CarMax Inc, the used car dealer jumped more than 7% after it reported higher than expected second quarter earnings. EBay Inc declined. AMR Corp dropped 8%.
- 123jump.com Staff
- 22 Sep, 2010
- New York City
The smartphone maker quarterly revenue soared 31% to $4.62 billion. Net income in the quarter surged 68% to $796.7 million after consumer demand for its flagship product, BlackBerry, continued to grow. Earnings per share rose to $1.46, compared to 83 cents per share in the prior-year quarter.
- Arthi Gupta
- 22 Sep, 2010
- New York City
The UK indexes declined on the growing speculation that the Bank of England may be forced to widen bond purchase and increase the asset purchase program. The Confederation of British Industry lifted growth outlook for 2010. Mining companies rallied as copper and precious metals edged higher.
- Arthi Gupta
- 22 Sep, 2010
- New York City
The European indexes slid after euro-zone industrial orders fell more than expected in July. Norway retained key interest rate at 2%. German economic index rose in July and real wage growth accelerated in the second quarter. Hungary retail sales increased in July.
- Arthi Gupta
- 22 Sep, 2010
- New York City
U.S. stocks edged lower after mortgage applications fell despite low rates and refinancing declined. Fed appears to be running out of options to stimulate the economy. Japan based Sharp Corp agreed to acquire Recurrent Energy for $305 million. The FDA approved Novatris drug for multiple sclerosis.
- Mukesh Buch
- 22 Sep, 2010
- New York City
In low trading Caribbean markets traded sideways. The benchmark index in Jamaica dropped more than 1.5% in the last nine days of trading. Kingston Properties Limited led the most active list followed by Radio Jamaica in Kingston trading.
- Chandrasekhar Atreya
- 22 Sep, 2010
- New York City
Indian stocks pared some of Tuesday
- Chandrasekhar Atreya
- 22 Sep, 2010
- New York City
Stocks in Japan closed lower. Machine tool orders soars in August and orders for new ships rises in the first half of the year. Orders from China more than doubled. A Hitachi-led consortium loses its bid for a monorail project in Brazil.
- Chandrasekhar Atreya
- 22 Sep, 2010
- New York City
Australian stocks gained and the Australian dollar advanced to 25-month high. David Jones declined 2% after the company said earnings will be lower than the upper end of the earnings. Telstra led the most active list in trading.
- 123jump.com Staff
- 22 Sep, 2010
- New York City
The department store chain retailer net quarterly sales fell 0.1% to $3.94 billion on comparable store sales rise of 0.9%. Net income in the quarter was $14 million or 6 cents per diluted share, compared to net loss of $1 million or breakeven per share in the prior-year quarter.
- Chandrasekhar Atreya
- 21 Sep, 2010
- New York City
The Sensex crossed the 20000 last seen in January 2008 as foreign investors pour capital and monsoon rains are ahead of estimates. India, Turkmenistan, Pakistan and Afghanistan sign a preliminary agreement for a gas pipeline as the U.S. block the pipeline project from Iran.
- Devan Biswas
- 21 Sep, 2010
- New York City
U.S. indexes closed higher after Fed indicated its willingness in stimulate economy as inflation runs below its target. Gold inched to record and U.S. Treasuries yields dropped to record low. Markets in Europe and Asia edged lower.
- 123jump.com Staff
- 21 Sep, 2010
- New York City
AutoZone, Inc declined after the retail said fourth quarter sales increased 9.5%. Carnival Corp increased 2% after third quarter revenues increased 8% to $4.4 billion. FactSet Research Systems Inc. increased revenues and earnings increased 8%.