- Nigel Thomas
- 07 Oct, 2011
- New York City
World markets put their faith in the political voices in the euro zone but await concrete actions in recapitalizing banks. Sony Corp is close to acquiring its stake in the mobile phone venture with Ericsso. OSG Corp surged after net rose 44%. KDDI and Softbank gained.
- Mukesh Buch
- 06 Oct, 2011
- New York City
Constellation Brands second quarter net income increased to $162.7 million. Helen of Troy second quarter net income rose to $23.6 million. Marriott reported third quarter net loss swung to $179 million. Ruby Tuesday first quarter net income declined 75% to $3.1 million.
- Devan Biswas
- 06 Oct, 2011
- New York City
U.S. stocks advanced in a cautious trading after weekly jobless claims increased but were lower than expected. Apple Inc
- Nichole Harper
- 06 Oct, 2011
- New York City
European markets struggled at the opening but gained in the afternoon. European Central Bank left its key rate at 1.5% and the Bank of England expanded its bond buying program. Banks gained on the talks of recapitalization plan and Dexia SA may face unwinding sooner than expected.
- Nigel Thomas
- 06 Oct, 2011
- New York City
Stocks in Japan gained following a decline for four days in a row. Resource stocks and banks led the gainers. Aeon Co jumped 5% after it lifted its annual outlook. Sony Corp rebounded from a 25-year low after it secured funding to bid for the UK based EMI.
- Marcus Jacob
- 06 Oct, 2011
- New York City
Australian stocks surged following a 2-day rally in international markets. The benchmark index in Sydney increased 3.6% and stocks in banking and resources sectors led the advance. The Australian dollar rebounded to 97 cents.
- Bikram Pandey
- 05 Oct, 2011
- New York City
U.S. stocks rebounded and the indexes gained more than 1% and oil surged more than 5% after commodities snapped a 3-day slump. Yahoo and Research in Motion jumped on takeover speculations and financials recovered after a decline of three days.
- Mukesh Buch
- 05 Oct, 2011
- New York City
Acuity Brands fourth quarter net income surged 26% to $34.2 million. Acme Packet estimated third quarter total revenues of $70 million. Costco fourth quarter net income increased 11% to $478 million. Yum Brands third quarter net income increased 7% to $383 million.
- Arthi Gupta
- 05 Oct, 2011
- New York City
The UK indexes rose on European hopes. The UK shop price inflation remained flat, job growth slowed, and service sector activity grew in September. UK GDP growth revised down but business investment rose in the second quarter. Premier Oil agreed to acquire for
- 123jump.com Staff
- 05 Oct, 2011
- New York City
The open source technology solutions provider said total quarterly revenue rose 28% to $281.32 million. Net income in the quarter surged 69% to $40.0 million. Earnings per share grew to 20 cents compared to 12 cents per share a year-ago quarter.
- Arthi Gupta
- 05 Oct, 2011
- New York City
The U.S. indexes opened higher and extended gains from the late evening rally of yesterday. The euro dropped to a new low against the yen. U.S. private sector employment improved in September, factory orders decreased in August and mortgage applications fell. Costco quarterly sales rose 17%.
- Arthi Gupta
- 05 Oct, 2011
- New York City
Euro-zone retail sales fell in August and composite PMI declined in September. Service sector activity dropped in Germany, Italy and Spain in the month. French private sector contracted in September.
- Nigel Thomas
- 05 Oct, 2011
- New York City
Stocks in Japan extend losses for the 4-day on the global markets worries. Banks and insurers closed lower after Italian debt rating was cut. Electric utilities plunged after Trade Minister Edano said he is looking to revised rate framework. The yen traded at a record high against the euro.
- Arthi Gupta
- 05 Oct, 2011
- New York City
European indexes braved market sentiment to trade higher. Banks were in focus after Dexia sought another bailout. Moody
- Marcus Jacob
- 05 Oct, 2011
- New York City
Stocks in Australia increased after a three-day decline. Retail sales in August increased 0.6% and building approvals rose 11.4%. Trade surplus in month surged 71% after exports of coal and iron ore rebounded.