- Bikram Pandey
- 26 Oct, 2010
- New York City
Royal Caribbean Cruises Ltd surged after it lifted 2011 estimate. Capella Education Co declined after it estimated slower enrollment growth. Coach Inc soared on higher earnings. Cummins Inc declined after earnings were lower than expected.
- Arthi Gupta
- 26 Oct, 2010
- New York City
The UK indexes edged lower after GDP expanded 0.8% in the third quarter and services index rose 2.7% in August. S&P raised the UK rating outlook to stable as government cut spending and reduce deficit in the next four years. Apollo and CVC Capital agreed to buy Brit Insurance for up to
- 123jump.com Staff
- 26 Oct, 2010
- New York City
The financial services provider net revenue declined 15% to $489 million in the quarter. Net income generated in the quarter was $8.4 million, or 3 cents per diluted share, compared to a net loss of $855.0 million or $6.74 per share in the prior-year period.
- Arthi Gupta
- 26 Oct, 2010
- New York City
The European indexes declined after UBS reported a loss in its investment banking division and on a weaker outlook from Vestas Systems and ArcelorMittal. German import price inflation rose in September and French consumer confidence improved. Sweden’s Riksbank raised key rate to 1%.
- Arthi Gupta
- 26 Oct, 2010
- New York City
U.S. stocks fell after rising to a 6-month high yesterday ahead of key home prices and consumer confidence data. Warren Buffett appoints investment manager to run a significant portion of investment portfolio of Berkshire Hathaway Inc. Texas Instruments earnings soared 60% and Ford net surged 70%.
- Mukesh Buch
- 26 Oct, 2010
- New York City
Stocks in Mumbai trading declined tracking losses in Asian markets. Birla Corporation Limited declined after quarterly net plunged 54%. Dena Bank surged after second quarter net soared 29%. Idea Cellular Limited net declined 18%. Procter & Gamble declined after quarterly net fell 39%.
- Chandrasekhar Atreya
- 26 Oct, 2010
- New York City
Stocks in Mumbai dropped in a choppy session tracking losses in Asia. Coal India IPO price was set at Rs 245 a share, at the upper end of its filing range and raise $3.5 billion for India. Gujarat government plans the world
- Chandrasekhar Atreya
- 26 Oct, 2010
- New York City
Stocks in China region dropped after China raised fuel prices at midnight by 3%. Average new home price in Shanghai stays above 20,000 yuan per square meter for the fifth week in a row, as unit sales decline.
- Chandrasekhar Atreya
- 26 Oct, 2010
- New York City
Tokyo stocks closed lower as the yen hovered near recent highs and the dollar resumed its slide. Stocks of utilities gained but brokers and financials edged lower. Japan approves 4.42 trillion yen of supplementary budget allocation. India and Japan agree to cut tariff on most items.
- Chandrasekhar Atreya
- 26 Oct, 2010
- New York City
Stocks in Sydney closed lower as financials and banks declined. The Greens intend to block the takeover of the ASX Ltd citing human rights record of Singapore. Competition commision approved the $1.8 billion takeover offer of CSR Sugr by Singapore based Wilmar International.
- Devan Biswas
- 25 Oct, 2010
- New York City
U.S. and world stocks traded higher and the dollar retained the negative bias after the conclusion of G-20 meeting. Currency traders are expecting the dollar to continue its slide. The U.S. Treasury sold inflation protected securities for the first time at a negative yield of 0.55%.
- Bikram Pandey
- 25 Oct, 2010
- New York City
Sykes Enterprises Inc surged after it reported higher than expected earnings. Value Line Inc soared 18% after it declared a special dividend. Sohu.com Inc advanced more than 10% after quarterly net exceeded expectations. CommScope Inc soared more than 30% on the company plans to go private.
- Arthi Gupta
- 25 Oct, 2010
- New York City
The UK indexes gained after G20 finance chiefs vowed to reduce global fiscal imbalances. The BoE noted Asset Purchase Facility usage declined in the third quarter. The UK mortgage approvals fell in September.
- 123jump.com Staff
- 25 Oct, 2010
- New York City
The railroad operator quarterly revenue rose 16% to nearly $2.7 billion on a 10% overall increase in volume. Net earnings in the quarter surged 43% to $414 million reflecting strong volume as well as revenue growth. Earnings per share grew to $1.08 from 73 cents per share in the prior-year quarter.
- Arthi Gupta
- 25 Oct, 2010
- New York City
The European indexes advanced after finance ministers of the G-20 nations agreed to ease currency tensions. Euro-zone industrial orders surged in August. French economy losses estimated up to