- 123jump.com Staff
- 10 Feb, 2009
- New York City
Australian market averages fell after a report from National Australia Bank showed business confidence declined to a record in January. Investor sentiment was further weakened after AWB cautioned its first half profit may drop 55% in the first half.
- Darlington Musarurwa
- 10 Feb, 2009
- New York City
Stocks in Tokyo edged lower after consumer confidence dropped the most in 26 years and bad loans in the six months to September rose sharply. The loan quality at nine largest banks deteriorated as exports slow and manufacturing and construction struggles.
- 123jump.com Staff
- 10 Feb, 2009
- New York City
Consumer price index in China eased 1% in January from the same period a year ago and increased 0.9% from December. China Southern Airlines fell 1.5% to HK$1.36 after saying it plans to issue Rmb2.3 billion worth of A shares at Rmb3.16 per share and $148 million worth of H shares at Rmb1 per share.
- 123jump.com Staff
- 09 Feb, 2009
- New York City
Lockheed Martin Q4 Earnings Call Transcript
The military contractor net sales rose 3% to $11.1 billion. Quarterly net earnings increased 3% to $823 million. Earnings per share rose to $2.05 from $1.89 last year. The company generated a record $4.4 billion in cash from operations in fiscal 2008.
- Mayank Mehta
- 09 Feb, 2009
- New York City
Whirlpool Corporation plunges on fourth quarter earnings. Administaff, British bank Barclays and China based travel agency Ctrip.com Surge. CNA Financial Corporation plunged on fourth quarter loss.
- 123jump.com Staff
- 09 Feb, 2009
- New York City
In New York trading stocks edged lower as U.S. lawmakers debate and traders and economists look for the stimulus package details. NYSE Euronext dropped after it reported quarterly losses of $1.34 billion after it booked $1.60 billion of write down related to France based Euronext acquisition.
- 123jump.com Staff
- 09 Feb, 2009
- New York City
European market indexes edged lower despite a rise in banks in Frankfurt and auto stocks in Paris. France is expected to unveil a second bailout package for the auto inustry and is likely to commit as much as 6 billion euros. Banks rose after Barclays in UK reported better than expected earnings.
- 123jump.com Staff
- 09 Feb, 2009
- New York City
The benchmark stock index in U.K. rose marginally led by Barclays after the lender reported a strong second half performance leveraged by the acquisition of Lehman Brothers North American business. Of the FTSE 100 index stocks, 65 rose, 36 declined, and one was unchanged.
- 123jump.com Staff
- 09 Feb, 2009
- New York City
BG Group launches a rival bid for Pure Energy. The all cash bid offered for the company A$796 million and the bid may be revised if Arrow Energy raises its offer of cash and stock. Job placement ads in January across the nation declined 6.3% and fell nearly 40% from a year ago.
- Darlington Musarurwa
- 09 Feb, 2009
- New York City
The ministry of finance in Japan reported that the current account surplus declined 34.3% to 16.28 trillion yen in 2008, falling the most in three years. Corporate bankruptcies in Japan climbed 15.8% to 1,360 cases in January, increasing the most since 2003.
- 123jump.com Staff
- 09 Feb, 2009
- New York City
Stocks in Shanghai surged and in Hong Kong edged higher after a steady rise in commodities prices. Commodities and stocks linked to the industry maintained their momentum on the hopes that the government stimulus will sustain the demand.
- 123jump.com Staff
- 09 Feb, 2009
- New York City
The statistical agency of India estimated growth in the second half in the current year in India at a slower pace and for the year estimated a growth of 7.1%. Manufacturing industry association survey indicated a decline in production among 96 industry sub groups. Stocks surged.
- 123jump.com Staff
- 06 Feb, 2009
- New York City
U.S. benchmark indexes gained more than 3% on top of a rise of 1.5% yesterday. The stocks in the face of a gloomy jobless claims report and a rise in unemployment rate above 7.5%. Manufacturing indexes in Germany and UK declined. Toyota reported weaker than expected sales. Stocks in China surge.
- 123jump.com Staff
- 06 Feb, 2009
- New York City
Stocks in Europe recover tracking gains in New York. US unemployment surges on a record job losses. BMW gains but Volkswagen tumbles. In Paris trading, LVMH surges 13% on better than expected earnings.
- 123jump.com Staff
- 06 Feb, 2009
- New York City
UK manufacturing index declined 2.2% in December from November and fell 5.1% in the quarter ending in the month from the previous quarter. The Bank of England established the