- 123jump.com Staff
- 02 Feb, 2010
- New York City
U.S. stocks and commodities traded higher. Barnes & Noble increased after activist investor Ron Burkle sought to increase his stake in the book retailer to 37%. Index of pending home sales increased 1%. Earnings lifted stocks of D.R. Horton and Lexmark International.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Markets in Asia closed higher tracking gains in the U.S. European markets advanced at mid-day. December industrial producer price index increased 0.1% in November. Australia left its key lending rate unchanged at 3.75%.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 6% to $89.8 billion and net income fell 22% to $6.1 billion or $1.27 per diluted share. downstream operating results in the fourth quarter were a loss of $189 million, down $2.6 billion from the fourth quarter of 2008. Lower margins decreased earnings by $2.2 billion.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 28% to $12.9 billion and net income rose 53% to $2.3 billion or $1.01 per diluted share. Productivity improvements account for the 0.9% point increase of the operating income margin. The net income margin is actually down 0.6% points, but it is all related to exceptional items.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales fell 22% to $420.4 million and net loss was $67 million or 4 cents per diluted share. Total operating expense for the quarter rose $17 million to $318 million. Total net charge-offs in the quarter were $324 million, a decrease of $27 million from the prior quarter.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 20% to $3.0 billion & net income rose 512% to $655 million or 52 cents per diluted share. Gross margin increased 150 basis points sequentially to 52.9% of revenue, compared with a year ago quarter, gross margin increased 890 basis points.Operating profit for the quarter was $875 million.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 11% to $2.26 billion & net income rose and net income rose 62.2% to $256.2 million or $1.28 a share. Gross margin improved by 150 basis points this quarter to 76.6%. Operating expenses as a percentage of sales for the quarter improved 290 basis points to 58.9% compared to 61.8% last year.
- 123jump.com Staff
- 02 Feb, 2010
- New York City
Sales rose 11.5% to $4.08 billion & net income rose 27% to $631 million or $1.21 a share. The 5.5% volume growth in North America, Operating cash flow was excellent up 42% which should enable to fund increased dividends & stock repurchases. Operating profit was strong.
- Mayank Mehta
- 01 Feb, 2010
- New York City
Stocks in Shanghai dropped on the worries that China will tighten lending conditions after the comments from Deputy Governor of People
- Darlington Musarurwa
- 01 Feb, 2010
- New York City
Australian investors took a cautious view ahead of the RBA meeting and rates are expected to increase by 25 basis points to 4%. Australia
- Darlington Musarurwa
- 01 Feb, 2010
- New York City
January new vehicles sales rise 36.8% in Japan. U.S regulators approve Toyota
- 123jump.com Staff
- 01 Feb, 2010
- New York City
President Obama proposed $3.8 trillion budget for fiscal 2011. The shortfall in the year is estimated at $1.6 trillion or 10.6% of gross domestic product, the largest in 54 years. The plan calls for additional taxes of $800 billion and stimulus of $100 billion. Bond yields closed higher.
- Mayank Mehta
- 01 Feb, 2010
- New York City
Auto sales in January surge in India. Maruti Suzuki sales increased 33% and Mahindra & Mahindra sales surged 70%. Hathway Cable & Datacom Ltd plans offer 27.8 million shares in a public offering. Reliance Communications, Titan Industries and Procter & Gamble close higher on earnings.
- Mayank Mehta
- 01 Feb, 2010
- New York City
European market indexes closed higher. In a class action law suit in New York City, federal jury found Vivendi SA misled investors several times in three years to 2002. Russia
- Mayank Mehta
- 01 Feb, 2010
- New York City
The UK benchmark indexes closed higher. Home prices increased in January, sixth monthly increase in a row. Northumbrian Water Group Plc soared on the speculation that Canada based pension fund is likely to bid for the company. Ryanair Holdings Plc gained 7% after it lifted full year outlook.