- 123jump.com Staff
- 16 Apr, 2010
- New York City
Google quarterly sales increased 23% and net surged 41%. Advanced Micro Devices, Inc quarter profit rose 33%. Christopher & Banks Corp comparable same-store sales decreased 4%. Genuine Parts earnings per share rose 13%. General Electric profit declined nearly a third.
- 123jump.com Staff
- 16 Apr, 2010
- New York City
Stocks in early trading in New York gained after housing permits and starts surged in March. Housing permits increased 7.5%, starts gained 1.6% but completions declined 3.1% in the month. Google quarterly sales rise 23% and net soars 41%.
- 123jump.com Staff
- 16 Apr, 2010
- New York City
Sales rose 1.7% to $396.0 million & net income was $34.5 million or 30 cents a share. The increase in sales improved merchandise margins & controlled expenses resulted in operating income for the quarter of $36 million a $63 million improvement over the $27 million operating loss reported last year.
- Mayank Mehta
- 15 Apr, 2010
- New York City
The GDP expanded at 11.9% in the first quarter ending in March and inflation in the month was 2.4%. The second double digit expansion in a row prompted the government to tighten mortgage lending on some home purchases. Talks of higher interest rates gained momentum after the GDP data.
- 123jump.com Staff
- 15 Apr, 2010
- New York City
Australian stocks closed higher tracking gains in the U.S. however the gains were limited after inflation expectations rose in April. Macarthur Coal rejects revised bid from New Hope citing lower cash component. Bank of Queensland Limited said first half net nearly doubled.
- Darlington Musarurwa
- 15 Apr, 2010
- New York City
Stocks in Tokyo closed higher after the Bank of Japan noted in the regional survey that economic activities are picking across all regions but at different pace. Japan lowered industrial production downwards. Banks closed higher in trading ahead of earnings.
- Mayank Mehta
- 15 Apr, 2010
- New York City
UK stocks closed reached to the levels last seen in two years as commodities advance and consumer sentiment decline. Experian Plc declined after it reported lower revenue growth in the second half. Dana Petroleum finds more gas.
- Darlington Musarurwa
- 15 Apr, 2010
- New York City
European markets closed higher after China reported a surge in economic expansion and U.S. industrial production gained. Roche Holding AG sales increased 6%. Groupe Danone SA first quarter sales rise 8.3%. Lagardere SCA may sell 20% stake in Canal Plus.
- 123jump.com Staff
- 15 Apr, 2010
- New York City
U.S. indexes closed higher after industrial production gained in March and surged in the first quarter. Positive outlook from Intel, UPS and First Solar lifted trading sentiment. REITs declined after three companies sold additional shares.
- Mayank Mehta
- 15 Apr, 2010
- New York City
Mumbai stocks declined after wholesale inflation hovered near record. Finance Minister Pranab Mukherjee indicated said inflation will remain elevated till June. Essar Oil quarterly sales dropped 53% and net plunged 73%.
- Mayank Mehta
- 15 Apr, 2010
- New York City
United Parcel Service, Inc led gainers in the S&P 500 index. YUM! Brands, Inc comparable same-store sales increased 4%. Mariner Energy soars 41% on a merger with Apache Corp.
- 123jump.com Staff
- 15 Apr, 2010
- New York City
U.S. indexes struggled near eighteen months high after jobless claims increased. March industrial production increased 0.1% and increased at annual rate of 7.8% in the first quarter.
- 123jump.com Staff
- 14 Apr, 2010
- New York City
Fed Chairman Bernanke said the U.S. economy will grow at a moderate pace on the account of high unemployment and weak consumer spending. The regional survey published by the Fed suggested modest increase in hiring. The S&P 500 index closed above 1200, matching the index eighteen months ago.
- Mayank Mehta
- 14 Apr, 2010
- New York City
Stocks in China region traded under pressure after March real estate prices increased 11.7%. The sharp rise in prices only fueled worries of additional government steps to curb lending. Singapore de-facto revalued its dollar lending a support to the imminent yuan strengthening arguments.
- Darlington Musarurwa
- 14 Apr, 2010
- New York City
Australian stocks closed higher on the back of a rebound in commodities and metals prices. Australia