- 123jump.com Staff
- 31 Mar, 2010
- New York City
U.S. stocks drifted in the positive territory after consumer confidence index increased and home price index showed an improvement in large cities. European markets closed weak after Greece struggled with the sale of bonds and Iceland debt rating was revised lower. Apple, Verizon gained.
- Mayank Mehta
- 30 Mar, 2010
- New York City
UK revised its estimate of the fourth quarter GDP growth to 0.4% from 0.3% and current account deficit declined sharply. Gartmore Group Ltd plunged 31% after it suspended a key fund manager. Kazakhmys Plc 2009 profit dropped 39% on lower metals price. Mouchel Group plc swung to a loss in first-half.
- Mayank Mehta
- 30 Mar, 2010
- New York City
European markets closed lower after the rating agency S&P lowered its rating on Iceland debt. Greek bonds declined on the first day of trading on the worries that the nation will struggle with deficit reduction. Swiss Life net declined 20% in 2009.
- Mayank Mehta
- 30 Mar, 2010
- New York City
Stocks in Mumbai traded lower after rallying for three days in a row. Rupee advanced to a nearly 2-year high with the steady flows of funds in the stock market. IL&FS Transportation surged 10% on the first day of its trading from its IPO.
- Mayank Mehta
- 30 Mar, 2010
- New York City
Apple Inc advanced ahead of the release of iPad this weekend. BJ
- 123jump.com Staff
- 30 Mar, 2010
- New York City
The luxury-jewelry retailer net sales increased 17% to $981.4 million in the quarter. Net quarterly earnings quadrupled 351% to $140.4 million boosted by broad-based growth in the Americas, Asia-Pacific and European regions. Earnings per share rose to $1.10 versus 25 cents a year-ago quarter.
- 123jump.com Staff
- 30 Mar, 2010
- New York City
Metropolitan home prices in January edged up. Three popular indexes in New York traded higher. Latest 7-year Greek notes declined on the worries that the nation will struggle with the budget deficit cuts. UBS surged after it confirmed first quarter fixed income revenues of $2.3 billion.
- 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