- 123jump.com Staff
- 30 Mar, 2010
- New York City
Revenues fell 11.5% to $2.3 billion and net income was $283 million.Consolidated margins improved to more than 49%. OIBDA margin in the 4t qtr was 47.1% which is a substantial improvement compared to 44% OIBDA margin that in the fourth qtr of 2008. Net debt fell by 22% compared to December 2008.
- Mayank Mehta
- 29 Mar, 2010
- New York City
The benchmark indexes in Shanghai and in Hong Kong surged on strong earnings from China Construction Bank and China Resources Land Ltd. Geely completed the purchase of Volvo Cars from Ford Motor Company for $1.8 billion. PetroChina plans $60 billion of overseas expansion.
- 123jump.com Staff
- 29 Mar, 2010
- New York City
Resurging confidence lifted commodities linked world markets from Canada, Russia, Brazil, to UK and Peru gained. Crude oil, copper and gold advanced after Greece prepared to offer bonds and Dubai guaranteed Dubai World loans.
- Darlington Musarurwa
- 29 Mar, 2010
- New York City
Reserve Bank of Australian Governor Glenn Stevens noted in an interview that interest rate should return to normal level and cautioned against those speculating in the housing market. Australia
- Darlington Musarurwa
- 29 Mar, 2010
- New York City
Stocks in Japan declined after trading ex-dividend ahead of year end. Retail sales increased 4.2% in February, the steepest climb in a decade. Toyota domestic output more than doubles in February. Sony sells its minority stake in HBO Latin America to Time Warner.
- 123jump.com Staff
- 30 Mar, 2010
- New York City
Revenues fell 6.4% to
- Mayank Mehta
- 29 Mar, 2010
- New York City
Stocks and the rupee in Mumbai trading edged higher on the optimistic view on the economy. DQ Entertainment (I) Ltd, the animation and game developer surged 47.5% on the first day of trading in a heavily subscribed IPO. Gayatri Projects secures order of $120 million.
- Mayank Mehta
- 29 Mar, 2010
- New York City
UK mortgage loans in February declined to a nine-month low dragging homebuilders lower in London trading. Standard & Poor
- Mayank Mehta
- 29 Mar, 2010
- New York City
European markets closed lower and an index of business and consumer sentiment reached a 22-monthh high. Greece is preparing to launch 7-year bonds. Ruble declined after two terrorist attacks in Moscow.
- Mayank Mehta
- 29 Mar, 2010
- New York City
Southwestern Energy Company led gainers in the S&P 500 index. AIG completes the sale of PineBridge Investments for $500 million. Bell Microproducts agrees to be acquired by Avnet. CKX Inc confirms sale discussions. Ford reaches agreement to sell Volvo to China based Geely.
- 123jump.com Staff
- 29 Mar, 2010
- New York City
U.S. stocks traded higher after personal spending increased for the fifth month in a row. U.S. Treasury plans to sell its entire stake of 27% in Citigroup by the end of the year. AIG completes the sale of its PineBridge Investments for $500 million.
- 123jump.com Staff
- 29 Mar, 2010
- New York City
Revenues up 286% to $349.9 million & net loss was $22.0 million or 13 cents a share. Gross margin came in at 17% & was impacted by $45 million charge taken for inventory purchase commitments which exceeded forecasted demand. Operating expense for Q3 came in at $162 million versus $133 million in Q2.
- 123jump.com Staff
- 28 Mar, 2010
- New York City
Technology outsourcing and consulting firm Accenture second quarter net revenue declined 2% to $5.18 billion on weak performances in all its units. Profit declined 3% to $399.8 million. Earnings per share were 60 cents as against 63 cents in the year ago quarter.
- 123jump.com Staff
- 26 Mar, 2010
- New York City
Stocks in Shanghai rebounded after comments from central bank official suggested that interest rate hikes are not imminent. ICBC plans to raise as much as $3.7 billion to replenish its capital base after loan growth surges. Chalco reported fourth quarter loss of $160 million.
- 123jump.com Staff
- 26 Mar, 2010
- New York City
U.S. stocks lost earlier gains after a Korean vessel sank near the border with North Korea in Yellow Sea. President Obama expanded mortgage loan modification program. U.S. GDP was revised downwards in the third estimate. EU members agreed to offer credit facility to Greece. The dollar closed up.