- Darlington Musarurwa
- 26 Feb, 2010
- New York City
Positive earnings drove the market sentiment. Higher commodities prices also contributed the gains in the benchmark index. ANZ profit surged 16% to A$1.6 billion in January. Woolworths first half profit increased 11.4% to A$1.1 billion.
- 123jump.com Staff
- 25 Feb, 2010
- New York City
CLP Holdings Ltd recommends final dividend. NetEase.com, Inc 2009 fourth quarter profit beats analyst estimates. China Eastern denies it may sell stake in Middle East. China Coal Energy said raw coal output surged 43.9% in January.
- Darlington Musarurwa
- 25 Feb, 2010
- New York City
Australian business investment gains 5.5% to A$27.7 billion in December. OZ minerals reported 2009 loss of A$517 million loss. REA Group profit rises 76% to A$23.1 million.
- Darlington Musarurwa
- 25 Feb, 2010
- New York City
Tokyo market averages declined following losses in international markets. Sumitomo Trust & Banking plans to take a 20% stake in China based Nanjing Trust. Nomura plans to raise $3 billion through debt sale in the U.S.
- Mayank Mehta
- 25 Feb, 2010
- New York City
Stocks in Mumbai traded lower. Hathway Cable f& Datacom IPO closes 8% below the price. Gammon India secures contract from ISKCON. Crompton Greaves Ltd approves issue of bonus shares. L&T estimated $1.7 billion contracts to build power plants.
- 123jump.com Staff
- 25 Feb, 2010
- New York City
U.S. indexes staged a late rally but stopped short of erasing losses. Palm Inc plunged after it estimated sharply lower revenues. Crude oil declined on weak jobs report and durable goods orders were lower than expected. U.S. Fed will review Goldman Sachs credit default swaps on Greece
- Mayank Mehta
- 25 Feb, 2010
- New York City
European markets fell sharply for the second day after rating agencies joined the chorus of investors urging Greece to meet its deficit target. Italy completed its
- Mayank Mehta
- 25 Feb, 2010
- New York City
British American Tobacco profit growth slows. Centrica signs agreement to acquire equity interests in Trinidadian gas blocks, establishing first producing LNG position. Capita Group Plc net income rises 14%. Gammon awarded
- 123jump.com Staff
- 28 Feb, 2010
- New York City
The casual dining restaurant chain reported quarterly revenue increased 3.8% to $167.8 million but full service comparable restaurant sales fell 5.8%. Net quarterly loss widened 86% to $9.9 million. The company lost 41 cents a share compared to a loss of 22 cents a share a year-ago quarter.
- 123jump.com Staff
- 25 Feb, 2010
- New York City
The Internet holding company reported quarterly revenue decreased 3% to $249.5 million. Net income generated in the quarter was $16.5 million. The company gained 19 cents a share compared to a loss of $1.68 a share the prior-year quarter.
- Mayank Mehta
- 25 Feb, 2010
- New York City
Coca-Cola Enterprises Inc led gainers in the S&P 500 index with a rise of 34%. GameStop drops 8% after chief financial officer resigns to join international arm of Wal-Mart Stores. True Religion and MetroPCS report earnings ahead of expectations.
- 123jump.com Staff
- 25 Feb, 2010
- New York City
Coca-Cola Company agreed to acquire North American bottling operations from Coca-Cola Enterprises Inc. CCE shareholders will receive $10 in cash and one share in a new entity with the European bottling operations only. Coca-Cola
- 123jump.com Staff
- 25 Feb, 2010
- New York City
U.S. stocks trade lower after durable goods orders declined in January excluding transportations orders. Weekly jobless claims increased 22,000 and insured unemployment rate was unchanged at 3.5%.
- 123jump.com Staff
- 24 Feb, 2010
- New York City
Stocks bounced around but closed higher after Fed Chairman Bernanke said rates are likely to remain for a long time. New Home sales in January plunged to the lowest since record keeping began in 1963 and declined 6.5% from a year ago. Akio Toyoda aplogized to U.S. lawmakers for quality problems.
- Mayank Mehta
- 24 Feb, 2010
- New York City
Hong Kong fourth quarter GDP increased 2.3% and for 2009 shrank 2.7% on 12.6% decline in exports. Hong Kong increased stamp duty on luxury homes. Cathay Pacific and Air China negotiate air cargo venture. U.S. impose 12% duty on Chinese steel pipes covering $382 billion of imports.