- 123jump.com Staff
- 03 May, 2010
- New York City
Revenues rose 9% to $2.5 billion and net income rose 769% to $217.3 million or 28 cents a share. Consolidated operating margin increased to 13.4% from 1.8% in Q2 of the prior year. Operating income more than doubled to $48 million. Consolidated operating margin was 13.4% on a GAAP basis.
- 123jump.com Staff
- 03 May, 2010
- New York City
Revenues up 21% to $635.4 million & net income rose 23.2% to $162.6 million or 27 cents a share. Net new assets of $10.2 billion for the March quarter were up 59% from $6.4 billion in the same quarter last year. Interest expense for the quarter was $3 million higher than the same quarter last year.
- 123jump.com Staff
- 01 May, 2010
- New York City
Revenues rose 68% to $4.36 billion and net income rose 1,986% to $897 million or $2.00 a share. Operating cash flows in the quarter very strong at 1.8 billion. Consolidated unit net cash cost averaged $0.81 per pound in the first quarter of 2010.
- 123jump.com Staff
- 01 May, 2010
- New York City
Revenues rose 214% to $9.1 billion and net income was $1.41 billion or 99 cents a share. Profit before tax was $2.1 billion and the PVT margin was 39% compared to 14% last quarter. Profit before tax was $78 million and the PBT margin was 9%. PBT was $173 million for a margin of 26%.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 30 Apr, 2010
- New York City
Stocks and indexes closed lower in New York trading on the growing belief that regulators may add criminal charges to ongoing investigation of Goldman Sachs. Barclays Plc fell more than 8% after it reported weaker than expected earnings.
- Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
- 30 Apr, 2010
- New York City
Australian dollar rises as Greece agrees to
- Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
- 30 Apr, 2010
- New York City
Japan
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 30 Apr, 2010
- New York City
The euro gained as fears of Greece debt default receded for now and March unemployment hovered at 10%. Italy''s inflation rises in March. Polish insurer PZU SA raises $2.7 billion in a public offering, the largest in three years. Total''s first quarter profit up 14% on higher oil prices.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 30 Apr, 2010
- New York City
U.K. stocks decline as weak consumer confidence and uncertainty over the Greek bailout aid package marred investor sentiment. The pound gains against the dollar. Barclays net rises 29%. WPP raises outlook.
- Mayank Mehta
- 30 Apr, 2010
- New York City
MEMC Electronic Materials, Inc led the decliners in the S&P 500 index with a loss of 15%. Allergan reports higher quarterly earnings. Chevron first quarter net income grows by 147%. Nasdaq OMX profit climbs but lags estimates. Coventry Health lifts view as profit doubles.
- Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
- 30 Apr, 2010
- New York City
Market index advance on the back of positive earnings. Foreign holdings of stocks increased to record $79.1 billion and bonds to $13 billion. Gold price reached to 4-month high ahead of wedding season. Ashok Leyland Limited net surges three-fold and Biocon Limited net doubled.
- Arthi Gupta
- 30 Apr, 2010
- New York City
European investors surmised that Greece and the EU-IMF will soon finalize the details of bailout. The euro and stock market indexes in the region advanced. However, Greece may be forced to implement additional and tougher austerity measures.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 30 Apr, 2010
- New York City
Higher consumer spending lifted preliminary estimate of the first quarter GDP growth to 3.2%. However housing investments declined 10.9% in the quarter. Contribution from the inventory rebuilding declined sharply in the quarter.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 29 Apr, 2010
- New York City
U.S. stocks gained the most in two months after a string of positive earnings lifted sentiment. Aetna, Motorola, Starwood, Procter & Gamble, Visa and Baidu.com reported better than expected earnings. For-profit colleges stocks declined after undersecretary for education criticized the industry.
- Mayank Mehta
- 29 Apr, 2010
- New York City
Stocks in Hong Kong and Shanghai closed lower on the worries that euro zone financial crisis may deepen. Banks reported higher profits. Ping An Insurance Co reported a surge in profit. China Shenhua Energy Co reported better than expected earnings after the close.