- 123jump.com Staff
- 31 Mar, 2009
- New York City
Tiffany''s sales for the fourth quarter dropped 20% to $841.2 million and net earnings plunged 75.6% to $31.1 million. Earnings per share were 25 cents compared with 96 cents last year. For the full year, net earnings dropped 26% to $1.74 per share.
- 123jump.com Staff
- 31 Mar, 2009
- New York City
The athletic footwear and apparel maker quarterly revenues declined 2% to $4.4 billion. Net quarterly income dipped 47% to $243.8 million hurt by an impairment charge. Earnings per share fell to 50 cents from 92 cents in the year-ago quarter. Worldwide futures orders declined 10% to $6.5 billion.
- 123jump.com Staff
- 30 Mar, 2009
- New York City
European market indexes declined sharply across the region. Automakers and banks led the decliners list on the worries that GM may be faced with the prospect of bankruptcy and Chrysler and Fiat must agree on terms of collaboration before the receipt of $6 billion bailout aid.
- 123jump.com Staff
- 30 Mar, 2009
- New York City
U.S. stocks dropped after investors faced bankruptcy prospect at General Motors, more government aid to banks and sharp decline in earnings at the largest aluminum company in China. Metals and crude oil declined in New York, Europe and Asian trading. Markets in Europe and Japan dropped 4%.
- 123jump.com Staff
- 30 Mar, 2009
- New York City
Lincoln National Corporation led the decliners in the S&P 500 index after it failed to qualify for federal assistance. General Motors declined after it forced out its chief and may seek bankruptcy court protection. Banks led the decliners in the sell-off.
- 123jump.com Staff
- 30 Mar, 2009
- New York City
U.S. stocks declined on the worries that GM may not be able to avert bankruptcy. General Motors dropped 22%. Citigroup, Wells Fargo, Bank of America and Lincoln National fell sharply after Treasury Secretary suggested that banks will need more money from the government.
- 123jump.com Staff
- 29 Mar, 2009
- New York City
The restaurateur total sales from continuing operations decreased 0.7% to $1.8 billion on same-restaurant sales fall of 3.2% in the quarter. Net quarterly earnings declined 6.4% to $108.1 million. Earnings per share decreased to 78 cents from 80 cents in the prior-year period.
- 123jump.com Staff
- 28 Mar, 2009
- New York City
Walgreen second quarter sales rose 7% to $16.5 billion on comparable store sale rise of 1.3% and earnings declined 6.7% to $640 million. Earnings per share were 65 cents against 69 cents in the year ago quarter.
- 123jump.com Staff
- 27 Mar, 2009
- New York City
U.S. stocks closed lower on weak trading in banks and commodities. Bank leaders met the U.S. President and resisted his calls to separate commercial and investment banking operations but sought clarity on new regulatory regime and compensation restrictions. European markets closed lower.
- 123jump.com Staff
- 27 Mar, 2009
- New York City
Banks drag European shares. Carmakers rebound. The UK statistics office lowered its estimate of fourth quarter GDP decline on a sharply higher decline in construction activities. Barclays surged 24% on the media speculation that regulators believe that the troubled bank has enough capital for now.
- 123jump.com Staff
- 27 Mar, 2009
- New York City
U.S. stocks declined after rising more than 20% in the last two weeks of trading. Financials traded lower as investors worry of more losses related to commercial real estate and weak housing market. Accenture, AIG, Aracruz and BJ Services fell. GM and KB Home gained.
- 123jump.com Staff
- 27 Mar, 2009
- New York City
The financial data and analytics provider quarterly revenue increased 12% to $156.5 million. Net income rose 17% to $35 million in the quarter. Earnings per share was 71 cents versus 59 cents a year-ago quarter. Annual subscription value increased $4 million during the quarter.
- 123jump.com Staff
- 27 Mar, 2009
- New York City
Stocks in Japan closed higher for the week on the optimism that U.S. economy may stop deteriorating further. Weak earnings from Nippon Yusen K.K. and weaker outlook of Komatsu Ltd lowered the investors sentiment. Credit Saison Company led gainers in the Nikkei 225 index with a rise of 10.3%.
- 123jump.com Staff
- 27 Mar, 2009
- New York City
U.S. stocks edge lower ahead of meeting between bank leaders and the U.S. President. Accenture falls after lowering its earnings estimate for the year and quarterly loss at KB Home declined. European markets traded lower and Barclays surged on speculation.
- 123jump.com Staff
- 26 Mar, 2009
- New York City
UK stocks gained on the strength in financials and mining stocks and better reception to its latest debt auction of inflation protected bonds. The UK government placed 1.1 billion pounds of bonds expiring in 2022 offered with real yield of 1.375%. The auction bids were 2.7 times the offer size.