- 123jump.com Staff
- 10 Feb, 2010
- New York City
U.S. goods and services deficit increased in December to $40.2 billion from $36.4 billion in November. 2009 deficit dropped to $380.7 billion from $695.9 billion a year ago.
- 123jump.com Staff
- 10 Feb, 2010
- New York City
U.S. stocks fluctuated after the December trade deficit increased but declined sharply in 2009. For the year deficit dropped to $380.7 billion. Micron Technology agreed to acquire flash chip maker Numonyx Holdings BV for $1.25 billion. ArcelorMittal dropped after it guided lower than expected net.
- Darlington Musarurwa
- 10 Feb, 2010
- New York City
BHP sales first sales declined 17.5% but the net surged to $6.1 billion from a year ago period. Australia
- 123jump.com Staff
- 10 Feb, 2010
- New York City
Sales rose 10.2% to
- 123jump.com Staff
- 10 Feb, 2010
- New York City
Sales fell 5% to
- 123jump.com Staff
- 10 Feb, 2010
- New York City
Blackboard fourth quarter revenue increased 18% to $100 million with net income jumping nearly 300% to $7.7 million. Earnings per share were 23 cents against 6 cents in the prior year quarter. Total year revenue increased 21% to $377 million with net income touching $7.9 million.
- 123jump.com Staff
- 09 Feb, 2010
- New York City
Shanghai and Hong Kong market indexes closed higher as the prospect of Greece bailout by the EU increased. Auto sales in January nearly doubled. ICBC says it tightened lending to property developers. China Overseas Land inks HK$8 billion loan agreement. China Eastern Air completes restructuring.
- 123jump.com Staff
- 09 Feb, 2010
- New York City
The prospect of a Greek bailout by the EU raised hopes for the euro and the wider euro zone. With the barrage of earnings, investors focused on Coca-Cola, Harmon Industries, IAC Interactive, Martin Marietta Materials and Church & Dwight. The euro was in focus as the EU leaders prepare to meet.
- Darlington Musarurwa
- 09 Feb, 2010
- New York City
Australian stocks looked for a direction in the global markets. David Jones, the retailer lifted its first half profit outlook. Macquarie Group estimated second half earnings growth of 10%, lower than expected. Newcastle weekly coal exports grow 11.3%.
- Darlington Musarurwa
- 09 Feb, 2010
- New York City
Debts by failed companies in Japan rose 838 billion yen in January as Japan Airline filed bankruptcy. Toyota Motor Corp agreed to recall 223,068 hybrid cars in Japan. Sumitomo Mitsui Financial quarterly profit doubles but leaves annual outlook unchanged.
- Mayank Mehta
- 09 Feb, 2010
- New York City
European markets inched higher as optimism grew that the euro zone leader will offer a bailout plan for Greece. The European Parliament approved the new European Commission in a vote today. The euro advanced. The Swatch Group surged 5% after it indicated better results in the current year.
- Mayank Mehta
- 09 Feb, 2010
- New York City
UK stocks gyrate with European markets and commodities prices. Metals gained in London trading. The British Land Company swings to profit in third quarter. TUI Travel Plc quarterly net loss widens and sales down. British Sky Broadcasting Group plc sells 10.4% stake in ITV plc.
- 123jump.com Staff
- 09 Feb, 2010
- New York City
The electronic payment network reported quarterly revenue rose 13% to $1.96 billion due to strong contributions from its data processing and international transaction revenues. Net quarterly income surged 33% to $763 million. Earnings per share grew to $1.02 from 74 cents a year-ago quarter.
- Mayank Mehta
- 09 Feb, 2010
- New York City
Electronic Arts Inc led the decliners in the S&P 500 index with a loss of 8.5%. Coca-Cola quarterly net income rises 55% and sales increase 5%. Cognizant fourth quarter revenues increase 20% and net income surge 28%. NYSE Euronext swings to profit and beats expectations.