- 123jump.com Staff
- 07 Apr, 2009
- New York City
William-Sonoma fourth quarter net revenue fell 27% to $1.01 billion while profit fell 90.2% to $12.2 million due 22.3% slump in comp store sales. Earnings per share were 12 cents as against $1.15 a year ago.
- 123jump.com Staff
- 06 Apr, 2009
- New York City
Techs and banks closed lower after rising for nearly a month. Investors now focused on soon to be released earnings are nervous that though stocks are cheaper compared to a year ago but may have a room fall further. Banks fell on beaish views from an analyst.
- 123jump.com Staff
- 06 Apr, 2009
- New York City
In London trading stocks closed lower tracking losses in miners and financials. HSBC jumped 5% after it managed to place 97% of its rights offering and raise
- 123jump.com Staff
- 06 Apr, 2009
- New York City
Stocks in Australia closed higher despite a fall in commodities and crude oil prices. Australian job ad placement declined in March indicating a further rise in unemployment. Jobs ads declined 8.5% from February and plunged 54% from a year ago.
- 123jump.com Staff
- 06 Apr, 2009
- New York City
The benchmark stock index in Japan gained 1.2% after finance minister Kaoru Yosano said the government will unveil a $100 billion stimulus plan. Bank of Japan in its two-day policy meeting is considering to expanding the collateral for bank lending.
- 123jump.com Staff
- 06 Apr, 2009
- New York City
Stocks in Hong Kong gained 3% after HSBC received favorable response from investors. The troubled bank raised $18.5 billion through rights issue. HSBC closed up 5.3%. Separately, production of chemicals gained 2.4% in the first two months of this year.
- Mayank Mehta
- 06 Apr, 2009
- New York City
Sun Microsystems, Inc led the decliners in the S&P 500 index with a loss of 23.7%. U.S. stocks in the morning traded lower after the negotiations between IBM and Sun Microsystems ended with no deal, weak banking stocks on analyst downgrade and Treasury Secretary Geithner comments.
- 123jump.com Staff
- 06 Apr, 2009
- New York City
U.S. stocks edged lower on worries that banks may have to face more write-offs. IBM and Sun may have ended their exclusive talks seeking a merger. Banks in Japan are likely to take higher charges. European stocks declined. EU investigators send a list of charges to Visa Europe regarding its fees.
- 123jump.com Staff
- 06 Apr, 2009
- New York City
The cruise operator quarterly revenues declined 9% to $2.9 billion. Net quarterly income increased 10% to $260 million due to one-time gains and lower cruise costs. Earnings per share rose to 33 cents from 30 cents in the prior-year quarter.
- 123jump.com Staff
- 04 Apr, 2009
- New York City
The technology outsourcing and consulting firm reported net quarterly revenues declined 6% to $5.27 billion. Net quarterly income decreased 6% to $498.7 million. Earnings per share were 63 cents compared to 64 cents a year-ago quarter. New bookings for the quarter were $5.98 billion.
- 123jump.com Staff
- 03 Apr, 2009
- New York City
Markets in New York and Europe closed higher in a week when euphoria reigned after the G-20 summit. Unemployment surged to a 25-year high in March and job losses were widespread as the U.S. economy continues to shrink. Copper surged above $2 a pound for the first time in five months.
- Mayank Mehta
- 03 Apr, 2009
- New York City
U.S. stocks in the early afternoon were on the rise after gyrating in the morning. Akamai Technologies led decliners in the S&P 500 index after an analyst downgrade. Research in Motion surged after better than expected gains in earnings.
- 123jump.com Staff
- 03 Apr, 2009
- New York City
In heavy volume, stocks in Hong Kong edged higher after surging for the four days in a row and adding 3% for the week. The banks, real estate developers and electric power utilities advanced. The rise in manufacturing index lifted sentiment in trading in China and in Hong Kong.
- 123jump.com Staff
- 03 Apr, 2009
- New York City
Exporters, shipping lines and realty companies led gainers in Tokyo trading. Yen drifted lower and reached nearly 100 yen against a dollar. The G-20 commitment to finance and back international trade lifted stocks in Asia and in India. Japan pension investment fund projects net cash outflow.
- 123jump.com Staff
- 03 Apr, 2009
- New York City
Arrow acquires Beach Petroleum