- Bikram Pandey
- 22 Jul, 2011
- New York City
The U.S. indexes struggled as debt talks meandered and an agreement on spending limits appeared far from certain. The euro-zone leaders struck a deal that will trim Greek government debt and share pain with banks and offered new loans at cheaper rates. Oil neared $100 and gold at $1,600.
- Mukesh Buch
- 22 Jul, 2011
- New York City
Caterpillar second quarter net income surged 44% to $1.01 billion. Dover second quarter net earnings rose to $249.8 million. General Electric second quarter net earnings climbed 22% to $3.7 billion. Microsoft fourth quarter net income surged 30% to $5.9 billion. McDonald
- 123jump.com Staff
- 22 Jul, 2011
- New York City
The PC maker quarterly sales rose 82% to $28.57 billion. Net income in the quarter grew 125% to $7.31 billion. Earnings per share soared to $7.79 versus $3.51 per share a year-ago quarter. iPhone sales surged 142% annually to 20.34 million units and iPad sales soared 183% to 9.25 million units.
- Arthi Gupta
- 22 Jul, 2011
- New York City
The UK indexes traded higher after the euro-zone leaders agreed to support a second bailout program for Greece. Experian agreed to acquire Brazil-based Virid Interatividade Digital Ltda. Vodafone quarterly revenue grew 3.5% to
- Arthi Gupta
- 22 Jul, 2011
- New York City
U.S. indexes gained after euro-zone leaders agreed on new bailout package for Greece with private sector contributions of
- Nigel Thomas
- 22 Jul, 2011
- New York City
Stocks in Tokyo gained after global sentiment improved for the second day. Banks led the advance in the region after the euro-zone ministers hammered out an agreement to offer new loans with relaxed conditions to Greece. The yen dropped below 79 to a dollar, the strongest since March 17.
- Arthi Gupta
- 22 Jul, 2011
- New York City
Euro-zone industrial orders surged 3.6%, French leading index fell, and Greece swung to deficit in May. German confidence weakened more than anticipated in July.
- Marcus Jacob
- 22 Jul, 2011
- New York City
Stocks in Sydney surged after the euro-zone ministers agreed on Greek bailout conditions and the overnight reports suggested a progress in the U.S. debt talks. Resource stocks gained after oil inched towards $100. Austar plunged 16% after Foxtel
- Arthi Gupta
- 22 Jul, 2011
- New York City
European indexes traded higher after euro-zone leaders agreed on new bailout package for Greece of longer maturity and drastically lower interest rate. Private sector will contribute
- Bikram Pandey
- 21 Jul, 2011
- New York City
The U.S. indexes soared on positive earnings and improving sentiment as the debt negotiations advance in the U.S. and Europe. The Dow and the S&P 500 indexes gained more than 1.2%. Express Scripts agreed to acquire Medco for $29.1 billion to form the largest pharmacy benefits manager.
- Mukesh Buch
- 21 Jul, 2011
- New York City
ABB second quarter net earnings soared 43% to $893 million. AT&T second quarter net income fell 10% to $3.59 billion. Danaher second quarter net income surged to $648.8 million. Morgan Stanley reported second quarter loss of $558 million. PepsiCo net income in the quarter rose 18% to $1.9 billion.
- Arthi Gupta
- 21 Jul, 2011
- New York City
The UK indexes traded higher after retail sales rose 0.3% and public sector net borrowing fell in June. Investors turned cautious ahead of the European ministers
- 123jump.com Staff
- 21 Jul, 2011
- New York City
The non-alcoholic beverage company said quarterly net operating revenues rose 47% to $12.74 billion. Net income in the quarter increased 18% to $2.8 billion. Earnings per diluted share climbed to $1.20 compared to $1.02 per diluted share in the year earlier period.
- Arthi Gupta
- 21 Jul, 2011
- New York City
U.S. indexes gained after upbeat earnings. Weekly jobless claims rose 10,000 to 418,000. Express Scripts agreed to buy Medco Health for $29 billion. PepsiCo net rose 18%.
- Arthi Gupta
- 21 Jul, 2011
- New York City
European private sector growth slowed in July. Euro area current account deficit widened and German construction orders improved in May. Swiss investor confidence slumped in July. Dutch jobless rate slid in June.