- 123jump.com Staff
- 03 Feb, 2010
- New York City
Revenues fell 18% to $1.55 billion and net income fell 68.5% to $92.2 million or 34 cents per diluted share. Operating costs and working capital to generate operating catch flow of more than $1 billion and raised dividend for the fifth time since IPO.
- Mayank Mehta
- 02 Feb, 2010
- New York City
Stocks in Hong Kong and Shanghai diverged. Hong Kong retail sales increased 16% in December and home sales surged in January. Gross casino revenues in Macau soared 65% in January. Securities regulator approves rights issue of China Merchants Bank.
- Darlington Musarurwa
- 02 Feb, 2010
- New York City
Reserve Bank of Australia left its key lending rate unchanged at 3.75%. Australian business confidence fell in December. Hill Industries profits rise 40%. Woodside Petroleum increased nearly 4% after workers at Pluto natural gas project ended an eight-day strike.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
U.S. indexes added more than 1% for the second day. Indexes closed lower at the end of three weeks in a row. Crude oil rebounded and hovered near $77 a barrel. Home builders gained after the index of pending home sales increased and D.R. Horton reported its first quarterly profit since 2007.
- Darlington Musarurwa
- 02 Feb, 2010
- New York City
Average monthly wages in Japan drop 3.9% in 2009. Nomura returned to profit in the third quarter as banks issue more shares in underwritten offering. Mitsubishi Electric Corp reported its first quarterly profit in five quarters. Daihatsu Motor Corp. lifts profit forecast to 15 billion yen.
- Mayank Mehta
- 02 Feb, 2010
- New York City
Stocks in Mumbai declined ahead of NTPC divestment tomorrow. Motorcycles and auto makers report surging sales in January. Cement makers report stronger than expected sales in the previous month.
- Mayank Mehta
- 02 Feb, 2010
- New York City
European producer prices in December edged up from November but declined in every month in 2009. The monthly decline is the longest stretch of decline in ten years. Greek bond yields increased. Belgian telecom operators declined after the regulator sough lower termination fees.
- Mayank Mehta
- 02 Feb, 2010
- New York City
BP Plc declined after it reported lower than expected continuing operating income. Net investment flows picked up in 2009 and exceeded previous record of
- Mayank Mehta
- 02 Feb, 2010
- New York City
Whirlpool Corp surged after it offered better than expected 2010 outlook. Barnes & Noble soared on a possible buyout from activist investor Ron Burkle. Ann Taylor reported better than expected sales. Comsys IT agreed to be acquired by Manpower.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
U.S. stocks and commodities traded higher. Barnes & Noble increased after activist investor Ron Burkle sought to increase his stake in the book retailer to 37%. Index of pending home sales increased 1%. Earnings lifted stocks of D.R. Horton and Lexmark International.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Markets in Asia closed higher tracking gains in the U.S. European markets advanced at mid-day. December industrial producer price index increased 0.1% in November. Australia left its key lending rate unchanged at 3.75%.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 6% to $89.8 billion and net income fell 22% to $6.1 billion or $1.27 per diluted share. downstream operating results in the fourth quarter were a loss of $189 million, down $2.6 billion from the fourth quarter of 2008. Lower margins decreased earnings by $2.2 billion.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 28% to $12.9 billion and net income rose 53% to $2.3 billion or $1.01 per diluted share. Productivity improvements account for the 0.9% point increase of the operating income margin. The net income margin is actually down 0.6% points, but it is all related to exceptional items.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales fell 22% to $420.4 million and net loss was $67 million or 4 cents per diluted share. Total operating expense for the quarter rose $17 million to $318 million. Total net charge-offs in the quarter were $324 million, a decrease of $27 million from the prior quarter.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 20% to $3.0 billion & net income rose 512% to $655 million or 52 cents per diluted share. Gross margin increased 150 basis points sequentially to 52.9% of revenue, compared with a year ago quarter, gross margin increased 890 basis points.Operating profit for the quarter was $875 million.