- 123jump.com Staff
- 19 Mar, 2009
- New York City
Prudential Financial, Inc led the decliners in the S&P 500 index with a loss of 21%. FedEx Corporation third quarter profit falls 75%. NIKE, Inc quarterly profit declines 47%. Of the stocks in S&P 500 index, 181 increased, 315 declined and 4 were unchanged.
- 123jump.com Staff
- 19 Mar, 2009
- New York City
The grocery chain retailer total quarterly sales increased marginally to $17.3 billion. Net earnings rose 8% to $349.2 million in the quarter. Earnings per share increased to 53 cents from 48 cents a year-ago quarter. Total sales increased 8.2% to $76.0 billion for fiscal 2008.
- 123jump.com Staff
- 18 Mar, 2009
- New York City
Stocks in London trading declined after the latest jobless report. The unemployment claims rose by 138,400 to 1.39 million on February and number of unemployed increased to above 2 million with unemployment rate of 6.5%. Total number of unemployed in UK are likely to rise above 3.3 million.
- 123jump.com Staff
- 18 Mar, 2009
- New York City
U.S. stocks closed higher, Treasuries surged but dollar declined after Fed offered another plan to spend more than $1 trillion to purchase mortgage securities and debts of the U.S. government. Fed left its target rate range unchanged and offered to provide more credit support to the housing market.
- 123jump.com Staff
- 18 Mar, 2009
- New York City
The Planning Commission of India suggested that economic growth in India is likely to reach as high as 7% on stimulus. Stocks gained on the report that foreign investors increased their purchase of stocks and direct investment in India surged in January.
- 123jump.com Staff
- 18 Mar, 2009
- New York City
Sun Microsystems, Inc led gainers in the S&P 500 index with a rise of 64.4%. Adobe Systems Incorporated first quarter earnings falls but above the estimates. Darden Restaurants third quarter net drops 15%. General Mills falls on lower than expected earnings guidance.
- 123jump.com Staff
- 18 Mar, 2009
- New York City
U.S. stocks traded lower ahead of interest rate decision from the Fed. The restaurant stocks edged higher after better than expected earnings from Darden Restaurants. Coca-Cola bid to purchase the largest juice company in China was rejected. Sun Microsystems surged on IBM bid.
- 123jump.com Staff
- 18 Mar, 2009
- New York City
The home builder first quarter revenue dipped 66% to $373.8 million with losses going up 9.6% to $178.4 million due to prolonged downturn. Earnings per share were a loss of $2.29 against $2.07 from a year ago quarter.
- 123jump.com Staff
- 18 Mar, 2009
- New York City
World Bank lowers economic growth of China forecast to 6.5%. Chinese regulators reject Coca-Cola $2.4 billion bid to purchase Huiyuan Juice, the company with the largest market share. Stocks in Hong Kong rose on short covering and ahead of HSBC rights offering tomorrow.
- 123jump.com Staff
- 18 Mar, 2009
- New York City
Bank of Japan to increase JGB purchases to 21.6 trillion yen per year. Separately the central bank elected to keep its key rate unchanged at 0.1%. Japan
- 123jump.com Staff
- 18 Mar, 2009
- New York City
Australian index of leading economic activities indicators declined in January as domestic economy shrinks and consumers curtail spending. Retailer, David Jones first half profit increased 2.4%. Metals and mining related stocks declined after prices of gold and copper edged lower.
- 123jump.com Staff
- 17 Mar, 2009
- New York City
Nucor Corporation led the decliners in the S&P 500 index with a loss of 12.0%. FactSet Research Systems Inc second quarter net up 17% on stronger dollar. Jamba, Inc reported fourth quarter net loss. Star Bulk Carriers Corp fourth quarter net soars on bigger fleet.
- 123jump.com Staff
- 17 Mar, 2009
- New York City
Stocks in India declined despite a regional gains in trading. Indian government official voiced confidence in meeting direct taxes collection. Several large companies filed avanced tax payment, but lower than anticipated.
- 123jump.com Staff
- 17 Mar, 2009
- New York City
The craft and fabric retailer quarterly net sales decreased 2.4% to $571.9 on same-store sales fall of 2.9%. Net quarterly income declined 26% to $20.4 million including a $1.3 million after-tax gain. Earnings per share decreased to 79 cents from $1.10 a year-ago quarter.
- 123jump.com Staff
- 17 Mar, 2009
- New York City
Stocks in Hong Kong and in Shanghai declined after investors sold stocks on recent gains in stocks. Coca-Cola proposed acquisition of Huiyuan Juice is still under review. China added new anti-monopoly regualtions last year. Ahead of voting on rights issue, HSBC traded higher.