- 123jump.com Staff
- 29 Apr, 2009
- New York City
Stocks in New York surged after the Fed left it key lending rate range unchanged and forecasted that rates are likely to remain low for extended period of time. The WHO raised its flu alert to the highest level. Bank of America shareholders are deciding the fate of its board and chief executive.
- 123jump.com Staff
- 30 Apr, 2009
- New York City
Reliance Communications reported a decline in earnings as revenues increase 15% in the quarter. Reliance Capital net drops 14.3%. Videocon second quarter net plunged 71%. Voters in nine states including Maharashtra, Gujarat and Uttar Pradesh are voting today in India.
- 123jump.com Staff
- 29 Apr, 2009
- New York City
Stocks in Hong Kong and Shanghai surged after banks reported better than expected earnings. China Merchants, China Citic, Bank of China and BoCom earnings surprised investors. Sinopec reported net income surged 85%. China Mobile, the first China controlled company invested in Taiwan after 60 years.
- 123jump.com Staff
- 29 Apr, 2009
- New York City
European stocks closed higher lifted by a rise in banks and cyclical companies. Siemens earnings lifted German stocks and BNP Paribas and Michelin supported a rise in Paris benchmark index. SAP fell after it reported a drop in earnings. ArcelorMittal led decliners in Paris.
- 123jump.com Staff
- 29 Apr, 2009
- New York City
UK stocks surged after banks and miners rallied. Revised expectations of lower losses at Royal Bank of Scotland lifted banks. Higher prices of copper and other base metals lifted miners. Punch Tavern surged 39% on adequate capital till 2010.
- Mayank Mehta
- 29 Apr, 2009
- New York City
Wyndham Worldwide Corporation led gainers in the S&P 500 index with a rise of 16.7%. American Campus Communities, Inc first quarter net falls. Aetna Inc first quarter earnings beat expectations. Panera Bread Company first quarter earnings per share of 57 cents up 40.3%.
- 123jump.com Staff
- 29 Apr, 2009
- New York City
U.S. stocks edge higher after the release of first quarter GDP. Bank of America gained 7% ahead of annual general meeting and the fate of its chairman and CEO Ken Lewis is uncertain. E*Trade plunges after reporting a large loss. Arcelor Mittal reports a loss that may require covenant renegotiation.
- 123jump.com Staff
- 29 Apr, 2009
- New York City
The coal producer quarterly revenues rose 15% to $1.46 billion. Net income surged 80% to $140.5 million in the quarter. Earnings per share increased to 50 cents from 28 cents a year-ago quarter. EBITDA increased 16% to $325.4 million during the quarter.
- 123jump.com Staff
- 28 Apr, 2009
- New York City
Stocks in Hong Kong are expected to trade lower after another round of worries for banks and weak earnings in the financial sectors dominate the world markets trading. Ping An, the second largest insurer plunged 9% after the quarterly earnings drop 72%.
- 123jump.com Staff
- 29 Apr, 2009
- New York City
Stocks in Mumbai trading surged ahead of derivatives expiration. In volatile trading market indexes traded up despite election jitters and positive earnings from Bharti Airtel, Sterlite Industries and Patni Computer. ICICI Bank led the gainers in banking sector with a surge of 9%.
- 123jump.com Staff
- 28 Apr, 2009
- New York City
Tokyo stocks are expected to trade lower after U.S. bank trade lower and more deaths are linked to swine flu in the U.S. and Mexico. March retail sales declined at a slower pace in February but sales at large department and supermarket fell at 8.1% for the second month in a row.
- 123jump.com Staff
- 28 Apr, 2009
- New York City
World financial markets declined for the second day with larger losses in Asia and Europe. The worries of lack of adequate capital at U.S. banks continue to dominate the sentiment. A rise in the U.S. consumer confidence lifted U.S. stocks. Chrylser reaches agreement with debt holders.
- 123jump.com Staff
- 28 Apr, 2009
- New York City
Stocks in Germany and France declined after markets worried on the impact of deepening spread of flu virus in Europe and North America. Daimler reported second quarterly loss in a row. Weak outlook at Air Liquid dragged French markets lower. Arcandor, TUI and Euro Disney drop.
- 123jump.com Staff
- 28 Apr, 2009
- New York City
UK stocks edged sharply lower on the growing worries of rapid spread of swine flu. Commodities and miners declined. Banks fell after Bank of America and Citi are asked to raise more capital by Fed in the U.S. More UK retailers reported a rise in sales in April. Oil, copper and gold declined.
- 123jump.com Staff
- 28 Apr, 2009
- New York City
Jacobs Engineering Group Inc led the decliners in the S&P 500 index of 7.9%. Baidu, Inc posts higher first quarter profit. Rent-A-Center, Inc first quarter profits grow 25%. United States Steel Corporation reported first quarter net loss.