- 123jump.com Staff
- 22 Feb, 2010
- New York City
U.S. stocks traded sideways and commodities traded mixed. President Obama proposes a fee to drugmakers and taxes wealthy families to pay for growing healthcare costs. A $15 billion jobs bill passed a test vote in the U.S. Senate.
- 123jump.com Staff
- 22 Feb, 2010
- New York City
Thermo Fisher Scientific offered $6 billion to acquire Millipore Corp. Millipore surged 22% at close in New York trading.
- Mayank Mehta
- 22 Feb, 2010
- New York City
European market indexes declined after gaining for a week. Lufthansa canceled two thirds of its flights. Banks and the benchmark index in Greece rebounded on central bank governor comments. Drugmakers declined after U.S President proposed fees.
- Mayank Mehta
- 22 Feb, 2010
- New York City
UK stocks closed lower after a weakness in drugmakers. Miners and banks led the gainers. GlaxoSmithKline Plc dropped 2.6% after two U.S. lawmakers reopened the investigations linked to its Type 2 diabetes treatment drug.
- Mayank Mehta
- 22 Feb, 2010
- New York City
Smith International gained after it agreed to be acquired by Schlumberger for $11 billion. Green Plains Renewable Energy Inc surged after it swung to a quarterly profit. Lowe
- 123jump.com Staff
- 22 Feb, 2010
- New York City
The natural and organic foods supermarket reported quarterly sales rose 7% to $2.6 billion on comparable store sales increase of 3.5% on a two-year stacked basis. Net income surged 79% to $49.7 million in the quarter. Earnings per share soared to 32 cents from 20 cents in the year-ago quarter.
- 123jump.com Staff
- 22 Feb, 2010
- New York City
U.S. stocks traded sideways and commodities traded lower. President proposes changes to healthcare plan before a bipartisan meeting on Feb 25. Schlumberger agrees to acquire Smith International for $11 billion.
- 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.