- 123jump.com Staff
- 16 Mar, 2010
- New York City
The benchmark index in Mumbai trading gained more than 1% as investors focused on earnings in the current quarter and advanced tax payments. Reliance Industries payment of $170 million bolstered market sentiment despite the inflation hovering near 20%. Jet Airways expanded its route network.
- 123jump.com Staff
- 16 Mar, 2010
- New York City
U.S. stocks traded sideways ahead of the Fed
- 123jump.com Staff
- 16 Mar, 2010
- New York City
Revenue rose 104% to $982.5 million and net income was $131.1 million or 23 cents a share. GAAP gross margin was 44.7%, significantly higher than guidance. first quarter of fiscal 2011 GAAP gross margin is expected to be in the range of 44% to 45%, GAAP operating expenses are expected to be flat.
- Mayank Mehta
- 15 Mar, 2010
- New York City
China lowered its exposure to the U.S. bonds for the third month in a row in January but still retained the top holder of the U.S. government debt. CNOOC agreed to acquire a stake in Argentina based oil company for $3.1 with operations in Latin America.
- Mayank Mehta
- 15 Mar, 2010
- New York City
UK stocks closed lower on a weakness in copper and metal prices. Moody
- Mayank Mehta
- 15 Mar, 2010
- New York City
Wholesale inflation hovered at 16
- 123jump.com Staff
- 15 Mar, 2010
- New York City
U.S. financial stocks gyrated after investors digested banking industry overhaul and provide additional authority to the Federal Reserve to breakup banks that are deemed to be to system risk. Federal Reserve is scheduled to announce its rate outlook tomorrow.
- Mayank Mehta
- 15 Mar, 2010
- New York City
The euro continued to trade weak ahead of finance ministers meeting today. Phillip-Van Heusen Corp agreed to acquire Tommy Hilfiger for
- Mayank Mehta
- 15 Mar, 2010
- New York City
Google Inc declined 4% on a growing speculation that it may shut down its Chinese language search engine. Baidu Inc surged 6%. Boston Scientific dropped 14% after the company recalled certain defibrillators. Consol Energy Inc agreed to acquire coal and energy portfolio of Dominion Resources.
- 123jump.com Staff
- 15 Mar, 2010
- New York City
U.S. stocks traded lower and the dollar gained. Federal Reserve is scheduled to signal its rate outlook tomorrow. Inflation in China, India hovered near 16-month high as commodities investors fear tighter banking regulations in two fast growing economies. Deals of $7.5 billion were announced today.
- Darlington Musarurwa
- 15 Mar, 2010
- New York City
Stocks in Australia declined fractionally tracking losses in commodities markets. Analysts lifted their estimate of iron ore prices in the current year to more than 60% increase as Chinese steelmakers seek a government intervention in price negotiations.
- 123jump.com Staff
- 15 Mar, 2010
- New York City
Teekay Corporation fourth quarter net revenue declined 26.6% to $448.9 million. Net loss for the quarter was $33.3 million or $0.45 per share as against net profit of $53.2 million or $0.73 per share in the same quarter in the prior year.
- 123jump.com Staff
- 15 Mar, 2010
- New York City
Sales fell 4% to $1.14 billion & net income rose 41% to $34.5 million or 36 cents a share. Gross profit rate increased 78 basis points versus the fourth quarter last year. This increase was on top of 140 basis point increase during the same comparable period last year. comp store sales increased 3%.