- Darlington Musarurwa
- 27 Jan, 2010
- New York City
Japan debt in the fiscal year beginning April 1 is expected to surge to two times its gross domestic product prompting worries of higher rates later in the year. Exports increased 12.1% to 5.41 trillion yen in December. Bank of Japan leaves economic assessment for January unchanged.
- Darlington Musarurwa
- 27 Jan, 2010
- New York City
Global markets concern overshadowed the earnings from local companies in Australia. Consumer price index increased 0.5% in December and leading index of the economy increased 7.6% in November. Woolworths Ltd sales increase slowed to 4.1% rise.
- Mayank Mehta
- 27 Jan, 2010
- New York City
Mumbai stocks fell sharply ahead of interest rate decision on Friday. Banks and resource companies led the decliners. Rupee edged higher. Bank of Baroda quarterly net increases 17%. Century Textiles and Industries Ltd earnings triple.
- 123jump.com Staff
- 27 Jan, 2010
- New York City
Federal Reserve left rates near zero and restated its plan to exit the supports for $1.25 trillion of mortgage bonds market. U.S. stocks rebounded at close and the dollar advanced. Apple released its electronic book reader iPad. Toyota expands its plan to halt sale of eight models.
- Mayank Mehta
- 27 Jan, 2010
- New York City
European markets declined as the prospect of early stimulus withdrawal worries investors. Greek bonds declined on its first day of trading. Portugal plan to cut the deficit to 8.3% may not be enough to meet the EU requirement. BBVA dropped after reporting earnings that misses estimates.
- 123jump.com Staff
- 27 Jan, 2010
- New York City
Stocks in London closed lower as commodities declined. Global market worries and the prospect of early stimulus withdrawal affected trading sentiment. Tullow Oil completed
- 123jump.com Staff
- 27 Jan, 2010
- New York City
Toyota plunged 7% after expanded the halt of eight model sales that included the U.S. and Canada. Berkshire Hathaway added to the S&P 500 index. Moody
- 123jump.com Staff
- 27 Jan, 2010
- New York City
U.S. stocks traded lower ahead of rate decision from the Fed this afternoon. New Home sales in December declined 7.6% and dropped 23% in 2009. Yahoo and McGraw Hill edge higher after earnings. Commodites edge lower and the dollar retained upward bias.
- 123jump.com Staff
- 27 Jan, 2010
- New York City
World markets edge lower as investors confront the prospect of rising interest rates and fewer lending supports from the central banks. Federal Reserve is expected to end its $1.25 trillion mortgage bonds markets support and the ECB is preparing to trim stimulus measures.
- 123jump.com Staff
- 27 Jan, 2010
- New York City
Sales up 32% to $15.68 billion & net income rose 49.5% to $3.38 billion or $3.67 a share. Operating margin was highest ever at $3.73 billion representing 30.1% of revenue. Total gross margin was 40.9%. Operating expenses were $1.69 billion & included $168 million in stock-based compensation expense.
- 123jump.com Staff
- 27 Jan, 2010
- New York City
Second quarter revenues fell 19% to $15.0 million. Third quarter revenues fell 11% to $15.2 million & net loss of $1.4 million. Operating expenses in the 3rd quarter 2009 were $16.9 million an improvement of 6% as compared to a restated $18.0 million in the prior-year period.
- Mayank Mehta
- 26 Jan, 2010
- New York City
Indexes in Shanghai and Hong Kong declined more than 2.4% after China tightened the bank lending. The uncertainty of additional monetary steps kept investors away. China Oil and Gas prices its placement near the low end of the range. Foxconn declined on profit warning.
- 123jump.com Staff
- 26 Jan, 2010
- New York City
Bank of Japan left its key lending rate on hold and said it will keep its monetary policy accommodative to fight the deflationary forces. Service index declined 1.5%. KDDI purchased 38% stake in the broadband network Jupiter Telecom.
- Darlington Musarurwa
- 26 Jan, 2010
- New York City
European Union to probe Rio Tinto and BHP Billiton iron ore joint venture. NZ credit card business spending falls 1.3% in December.
- 123jump.com Staff
- 26 Jan, 2010
- New York City
U.S. stocks wavered in trading after China began tightening bank lending. Confidence indexes in the U.S. and Germany climbed. U.S. home price index showed a fraction gain. Commodities retained a negative bias. European markets closed higher.