- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 11% to $2.26 billion & net income rose and net income rose 62.2% to $256.2 million or $1.28 a share. Gross margin improved by 150 basis points this quarter to 76.6%. Operating expenses as a percentage of sales for the quarter improved 290 basis points to 58.9% compared to 61.8% last year.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 11.5% to $4.08 billion & net income rose 27% to $631 million or $1.21 a share. The 5.5% volume growth in North America, Operating cash flow was excellent up 42% which should enable to fund increased dividends & stock repurchases. Operating profit was strong.
- Mayank Mehta
- 01 Feb, 2010
- New York City
Stocks in Shanghai dropped on the worries that China will tighten lending conditions after the comments from Deputy Governor of People
- Darlington Musarurwa
- 01 Feb, 2010
- New York City
Australian investors took a cautious view ahead of the RBA meeting and rates are expected to increase by 25 basis points to 4%. Australia
- Darlington Musarurwa
- 01 Feb, 2010
- New York City
January new vehicles sales rise 36.8% in Japan. U.S regulators approve Toyota
- 123jump.com Staff
- 01 Feb, 2010
- New York City
President Obama proposed $3.8 trillion budget for fiscal 2011. The shortfall in the year is estimated at $1.6 trillion or 10.6% of gross domestic product, the largest in 54 years. The plan calls for additional taxes of $800 billion and stimulus of $100 billion. Bond yields closed higher.
- Mayank Mehta
- 01 Feb, 2010
- New York City
Auto sales in January surge in India. Maruti Suzuki sales increased 33% and Mahindra & Mahindra sales surged 70%. Hathway Cable & Datacom Ltd plans offer 27.8 million shares in a public offering. Reliance Communications, Titan Industries and Procter & Gamble close higher on earnings.
- Mayank Mehta
- 01 Feb, 2010
- New York City
European market indexes closed higher. In a class action law suit in New York City, federal jury found Vivendi SA misled investors several times in three years to 2002. Russia
- Mayank Mehta
- 01 Feb, 2010
- New York City
The UK benchmark indexes closed higher. Home prices increased in January, sixth monthly increase in a row. Northumbrian Water Group Plc soared on the speculation that Canada based pension fund is likely to bid for the company. Ryanair Holdings Plc gained 7% after it lifted full year outlook.
- Mayank Mehta
- 01 Feb, 2010
- New York City
Gannett Co., Inc led the decliners in the S&P 500 index with a loss of 10% on a revenues decline of 14%. Amazon.com declined after it reversed its stance and allowed Macmillan to charge higher prices for digital books. Sysco second quarter beats earnings estimates. Ford Motor Company trades higher.
- 123jump.com Staff
- 01 Feb, 2010
- New York City
Stocks traded higher after manufacturing expanded in January and the dollar advanced. Commodities traded mixed. Exxon gained on better than expected earnings. Gannett Co plunged 10% after revenues declined 14%.
- 123jump.com Staff
- 01 Feb, 2010
- New York City
Indexes in Europe and Asia declined on the worries that further tightening by China will affect global commodities markets. Copper, tin and gold declined. Tenaris SA dropped on weak revenues. Vivendi SA declined on a jury verdict. Ryanair increased on smaller than expected loss.
- 123jump.com Staff
- 31 Jan, 2010
- New York City
Sales fell 10.3% to $3.13 billion and net income rose 29.4% to $211 million or $1.25 a share. Strong continued margins in this business, 15.2% in the quarter. Operating EPS declined by 62%. This is compared to 2008. Then the change in operating EPS came down by some 72%.
- 123jump.com Staff
- 31 Jan, 2010
- New York City
Revenues fell 11% to
- 123jump.com Staff
- 31 Jan, 2010
- New York City
Revenues fell 39% to $7.9 billion & net profit fell 65% to $232 million or 36 cents per diluted share. Machinery and Engines operating cash flow was about 3 billion in 2009. Redundancy costs should be favorable compared with 2009. While redundancy costs were $706 million in 2009.