- 123jump.com Staff
- 22 Feb, 2010
- New York City
The lifestage media company targeting couples planning their weddings reported net quarterly revenue rose 3% to $25.1 million. Net quarterly loss widened 511.6% to $6.0 million. The company lost 19 cents a share compared to a loss of 3 cents a year-ago quarter.
- 123jump.com Staff
- 22 Feb, 2010
- New York City
The health benefits company reported operating revenue declined 2.4% to $15.1 billion in the quarter. Net quarterly income surged 714.7% to $2.7 billion helped by a gain from the sale of its NextRx subsidiaries. Earnings per share soared to $5.95 from 65 cents a year-ago quarter.
- Darlington Musarurwa
- 22 Feb, 2010
- New York City
The benchmark index in Tokyo surged nearly 3% on the inflation and manufacturing reports in the U.S. Exporters, resource stocks, trading companies and shippers led the gainers. Dai-ichi Mutual Life Insurance filed to raise $12 billion in initial public offering.
- Darlington Musarurwa
- 22 Feb, 2010
- New York City
A private report indicated that housing affordability index in Australia dropped 18.4% in December on rising costs and slower building approvals. The benchmark index gained 1.8% on higher commodities prices. Gunns first half profit declined 98.7%. Challenger Financial interim profit increased 9%.
- 123jump.com Staff
- 22 Feb, 2010
- New York City
Dell fourth quarter revenue increased 11.2% to $14.9 billion with improvements in all segments fueled by strong sales of laptops and servers. Net income dipped 5% to $334 million and earnings per share came in $0.17 far short of the $0.27 forecast by analysts.
- 123jump.com Staff
- 21 Feb, 2010
- New York City
The Internet Media Company fourth quarter earnings grew by 21% to $11.8 million due to mix shift and so net income grew 38.7% to $4.3 million. Earnings per share were $0.09 as against $0.07 a year ago. Revenues for 2010 are expected to range from $26 million to $26.6 million.
- 123jump.com Staff
- 20 Feb, 2010
- New York City
The online travel company reported revenue soared 33.4% to $541.8 million in the quarter. Net quarterly income surged 130% to $78.5 million. Earnings per share rose to $1.55 compared to 75 cents a year-ago quarter. Revenue increased 24.1% to $2.34 billion for full-year 2009.
- 123jump.com Staff
- 19 Feb, 2010
- New York City
U.S. mortgage delinquencies in the fourth quarter declined barely to 9.47% as the new defaults slowed. Consumer prices increased at less than estimated rates in January. Schlumberger is close to finalizing agreement to acquire Smith International.
- Mayank Mehta
- 19 Feb, 2010
- New York City
Stocks in Mumbai trading declined as investors gauge the demand for the Rural Electrification Corporation secondary offering. Government borrowing in the fiscal 2011 year is expected to exceed $97 billion in the current year.
- Mayank Mehta
- 19 Feb, 2010
- New York City
European markets closed higher for the fifth day in a row. Thales declined after it lowered its dividend. Carrefour SA fell after net dropped 74% on higher charges related to store closures. Lafarge declined after full year net dropped 54%.
- Mayank Mehta
- 19 Feb, 2010
- New York City
UK stocks recovered and closed higher but the pound traded at nine-month low. Retail sales in January declined 1.8%. Millennium & Copthorne Hotels plc declares second interim dividend. Rentokil Initial plc fiscal 2009 profit up. BlueBay Asset Management plc profit rises.
- Mayank Mehta
- 19 Feb, 2010
- New York City
Apollo Group declined as much as 10% after it forecasted lower than expected second quarter earnings. Canadian Solar Inc and First Solar Inc declined on lower quarterly margins. J.C. Penney rallied 6% after it reported better than expected earnings. Intuit soared 9% on higher than expected earnings.
- 123jump.com Staff
- 19 Feb, 2010
- New York City
U.S. stocks edged lower after the Fed raised discount rate and increased the spread between fed funds rate. Consumer price index increased 0.2% in January, less than expected. The dollar increased and commodities traded mixed. Dell Inc dropped 7% after quarterly net declined 5%.
- Darlington Musarurwa
- 19 Feb, 2010
- New York City
Japan indexes fell more than 1.7% after the U.S. Fed raised rates for emergency lending and began to unwind measures taken during the financial crisis. Geo political risk was also a concern after North Korea was reported to declare a portion of its border as a firing zone. K.K. daVinci dropped 19%.