- Mayank Mehta
- 03 Mar, 2010
- New York City
Novell, Inc led gainers in the S&P 500 index with a rise of 27.3%. VeriFone swings to profit in fiscal first quarter. Kenneth Cole Productions, Inc fourth quarter loss expands fourfold. Royal Bank of Canada declares dividends. Wholesale club Costco and BJ
- 123jump.com Staff
- 03 Mar, 2010
- New York City
U.S. indexes traded higher and commodities prices advanced on improved economic outlook. The dollar edged lower after Greece announced additional budget cuts. Service industry index showed expansion in February. Big Lots, Novell Inc increased but Costco Wholesale Corp declined.
- Mayank Mehta
- 03 Mar, 2010
- New York City
Mumbai land auction failed to attract a single bidder. ARSS Infrastructure initial public offering surged 52% on its first day of trading. Ranbaxy slips as U.S. regulator delay generic drug approval. Jaiprakash Associates cement shipment surges 61% in February.
- 123jump.com Staff
- 03 Mar, 2010
- New York City
Stocks in Japan edged fractionally higher after February wages increased. Employers added more overtime to meet a rise in export orders. Toyota sales in the U.S. declined less than expected. Retailers traded higher in Tokyo trading and Fast Retailing led the gainers.
- 123jump.com Staff
- 03 Mar, 2010
- New York City
Revenue rose 40% to $194.6 million & net income rose 45% to $26.9 million or 59 cents a share. Gross margin was 65.1% in Q2 of fiscal year 2010 reflecting a 160 basis point increase year-over-year. Sequentially gross margins were 150 basis points higher.
- 123jump.com Staff
- 02 Mar, 2010
- New York City
U.S. stocks barely closed higher at close. Pfizer is prepared to pay
- 123jump.com Staff
- 02 Mar, 2010
- New York City
Hong Kong home sales rebounded as investors took advantage of low interest rates. Home sales increased 13% to HK$40.8 billion and number of transactions soared 161% in February from a year ago.
- 123jump.com Staff
- 02 Mar, 2010
- New York City
Markets in Hong Kong and Shanghai traded after commodities eased and resource stocks traded lower. Hong Kong stocks also decreased following weaker than expected earnings from HSBC. Coal and metals stocks declined in Shanghai after coal prices eased 3% in the previous week shipments.
- Mayank Mehta
- 02 Mar, 2010
- New York City
UK stocks closed higher for the third day in a row as commodities continue to rally and sentiment in Europe improve. Greece is inching closer to finalize the terms of bailout with Germany and France and is expected to announce deeper budget cuts. Prudential Plc dropped 20% in two days.
- Mayank Mehta
- 02 Mar, 2010
- New York City
European markets rebounded for the second day after Greece is likely to deepen budget cuts. Automakers gained after PSA Peugeot Citroen indicated positive outlook for the year. Luxottica Group fell after earnings declined. Lufthansa reported lower than anticipated loss.
- 123jump.com Staff
- 02 Mar, 2010
- New York City
Staples, Inc led the decliners in the S&P 500 index. Terra Industries surged 12% after it received a higher bid from CF Industries. Fresh Del Monte net up 23% and sales rose 4.9%. Bridgepoint Education, Domino
- 123jump.com Staff
- 02 Mar, 2010
- New York City
U.S. stocks retained a positive bias on improved sentiment. Greece and EU inch closer to terms of the bailout. Terra industries surged 12% after it received a higher bid from CF Industries that valued the company at $4.73 billion or $47.40 a share.
- Darlington Musarurwa
- 02 Mar, 2010
- New York City
Reserve Bank of Australia raises rates to 4%. Australian building approvals fall 7% in January. Retail sales rise 1.2% to A$20.1 billion in January. Tatts Group buys NSW lotteries for A$850 million.
- 123jump.com Staff
- 02 Mar, 2010
- New York City
Jobless rate in Japan dropped to 4.9% in January. Household spending increased 1.7% in January. Astella Pharmaceuticals Inc offered $52 a share for OSI Pharmaceuticals.