- Darlington Musarurwa
- 01 Apr, 2010
- New York City
Australian stocks gained on a rise in commodities prices but gains were trimmed after February deficit widened. Lihir Gold rejects Newcrest Mining A$9.2 billion takeover bid. Australian trade deficit widened to A$1.8 billion in February and manufacturing growth slowed.
- Darlington Musarurwa
- 01 Apr, 2010
- New York City
Stocks in Tokyo advanced on the improving business sentiment. Dai-Ichi Lie Insurance initial public offering received warm reception on the first day of trading. Steel exports surged 81% in February on the rise in demand from China and Korea. Fuji Electric Holdings Co soared 7%.
- Mayank Mehta
- 01 Apr, 2010
- New York City
Wholesale inflation index hovered near 14% in February and exports surged 35%. For the eleven months exports rose 11%. TVS Motor sales in March jump 24%. The Sensex index in closed higher ahead of auto sales data and optimistic view on earnings.
- Mayank Mehta
- 01 Apr, 2010
- New York City
UK stocks closed higher after metal prices gained and resource stocks led the gainers in trading. UK, European and Asian economies reported rising manufacturing and improving exports. The pound increased. UK Regulator lowers mobile-phone calls termination fees.
- 123jump.com Staff
- 01 Apr, 2010
- New York City
European markets generally added more than 1% at close. Global sentiment improved after Europe, China, India, Japan and Korea reported gains in manufacturing and exports. Swiss franc surged against the euro.
- Mayank Mehta
- 01 Apr, 2010
- New York City
CarMax, Inc gained after it reported higher than expected sales and earnings. Global Payments Inc surged after it swung to quarterly profit. Research in Motion declined after sales growth was lower than expectations. JPMorgan may increase dividend to as high as $1 a share.
- 123jump.com Staff
- 01 Apr, 2010
- New York City
U.S. stocks traded higher in the morning after weekly jobless claims declined and manufacturing accelerated in China, Europe, Switzerland and UK and India said exports and imports surged. Business sentiment in Japan improved sharply in a quarter.
- 123jump.com Staff
- 01 Apr, 2010
- New York City
Revenues rose 9% to $858.7 million & net income fell 18.7% to $127.2 million or 24 cents a share. GAAP operating expenses were $592.5 million compared to $501.1 million a year ago same qtr & $521.3 million last quarter. Operating income in Q1 fiscal 2010 was $176.8 million or 20.6% of revenues.
- Mayank Mehta
- 31 Mar, 2010
- New York City
Cnooc Ltd, the largest Chinese offshore energy explorer reported 2009 net declined 34% after oil prices dropped more than 70%. China Merchants Holdings second half net dropped 10%. Huawei Technologies 2009 net more than doubled.
- 123jump.com Staff
- 31 Mar, 2010
- New York City
Australia
- Darlington Musarurwa
- 31 Mar, 2010
- New York City
Stocks declined after February wages fell 0.6%. Wages fell primarily on fewer overtime hours and reduced manufacturing employment. Housing starts drop 9.3% to 56,527 units in February. In trading shipping companies closed higher on the expectations of rising freight rates.
- 123jump.com Staff
- 31 Mar, 2010
- New York City
A rally in metals and oil failed to lift stocks after private employers cut more than expected jobs in February. Gold gained for the sixth quarter in a row and oil traded at 17-month high. Agriculture commodities declined after higher than expected level of inventories and planting.
- Mayank Mehta
- 31 Mar, 2010
- New York City
UK stocks traded weak. Investors remained focused on the weakness in Greek bonds and continued worries about the UK housing market. Northern Foods plc said quarterly sales dropped. Pinewood Shepperton plc profits declined. Dairy Crest Group lifts profits outlook.
- 123jump.com Staff
- 31 Mar, 2010
- New York City
European markets closed lower as investors debate the direction of the euro. Greek bond yields rose for the third day in a row on the worries that Greece may need more emergency funding. The first estimate of inflation in the euro zone was 1.5%. Steelmakers prepare to pass 20% price hike.
- Mayank Mehta
- 31 Mar, 2010
- New York City
SAIC, Inc declined after it missed quarterly earnings and lowered the annual earnings outlook. Rite Aid Corporation declined after it reported narrower quarterly loss but margins and sales were weaker than expected. Ford Motor Company declined ahead of warrants sale.