- 123jump.com Staff
- 01 Dec, 2010
- New York City
The specialty coffee roaster and retailer net quarterly revenue increased 9% to $80.2 million. Net income in the quarter surged 52% to $3.8 million. Earnings per share grew to 28 cents per share, compared to 19 cents per share in the corresponding period last year.
- Arthi Gupta
- 01 Dec, 2010
- New York City
Indexes in European region rose sharply after Portugal completed the sale of Treasury bills. The sentiment improved after positive comments from the ECB officials. Euro area manufacturing activities improved in November and German retail sales rose in October.
- Arthi Gupta
- 01 Dec, 2010
- New York City
U.S. stocks advanced after private sector employment expanded in November and productivity in the third quarter was revised higher. The euro rebounded and European markets traded higher after Portugal completed the sale of 500 million euros Treasury bills.
- Mukesh Buch
- 01 Dec, 2010
- New York City
Stock in Mumbai gained as automobile and cement sales in November surged. Coal India is looking to take a 10% stake in Australian assets of U.S. based Peabody Energy. ONGC expects to launch $3 billion follow-on public offer in March 2011.
- Chandrasekhar Atreya
- 01 Dec, 2010
- New York City
Sensex Index in Mumbai soared after the latest read on manufacturing showed a robust expansion. October exports rose at a faster pace than imports. Manganese Ore Limited IPO is oversubscribed 29 times.
- Chandrasekhar Atreya
- 01 Dec, 2010
- New York City
Japanese stocks gained and the yen rose. Domestic auto sales drop 31% in November from a year earlier as customers held back after the expiry of one-time government subsidy. October steel shipments declined 0.6% from a year ago.
- Chandrasekhar Atreya
- 01 Dec, 2010
- New York City
Indexes in Shanghai and Hong Kong closed higher after the manufacturing expanded. Shanghai real estate volumes surged 50% from a year ago but prices were flat. October retail sales in Hong Kong soared 22% from a year earlier.
- Chandrasekhar Atreya
- 01 Dec, 2010
- New York City
Stocks in Australia stayed little changed after third quarter GDP expanded little. Rio Tinto plans a further investment of $1.2 billion in Pilbara to increase iron ore output. Australian employers face rising wage pressures and consumers worries expensive utilities.
- Arthi Gupta
- 30 Nov, 2010
- New York City
The UK indexes slid after consumer confidence fell to 4-month low in November. Irish private sector credit growth slackened in October. Seagate rejected buyout offer. BASF formed a venture with Ineos Industries on styrenics businesses.
- 123jump.com Staff
- 30 Nov, 2010
- New York City
The international fashion house reported total net quarterly revenue rose 17.4% to $614 million. Net income in the quarter increased 7.8% to $69.1 million. Earnings rose to 75 cents per share, compared to 69 cents per share for the year-ago quarter.
- Mukesh Buch
- 30 Nov, 2010
- New York City
Barnes & Noble comparable sales increased 59%, driven by digital initiatives but losses. Altera declined after the company guided lower than expected fourth quarter revenues. Google declined after EU opened investigation. Interactive Brokers Group rose after it declared a special dividend.
- Arthi Gupta
- 30 Nov, 2010
- New York City
European market indexes declined and yields on sovereign bonds of Portugal, Spain and Ireland rose. The euro dropped to a 2-month low and fell 8% from the peak a month ago. German unemployment fell in November. ABB agreed to acquire U.S.-based Baldor Electric for $4.2 billion.
- Arthi Gupta
- 30 Nov, 2010
- New York City
Stocks in New York traded sideways after Cyber Monday sales rose and European Union unemployment rose to a 12-year high. Switzerland-based ABB agreed to buy Baldor Electric for $4.2 billion. European Union opens an investigation relating to antitrust practices of Google.
- Bikram Pandey
- 30 Nov, 2010
- New York City
Stocks traded lower as investors focused on the rising sovereign debt yields in Europe. The dollar gained against the euro and gold closed higher. Google Inc is said to be nearing its largest deal to acquire online coupon marketer Groupon Inc for $6 billion.
- Mukesh Buch
- 30 Nov, 2010
- New York City
Stock in Mumbai rose. Dewan Housing Finance is expected to acquire Deutsche Postbank Home Finance for $240 million. Ispat Industries gained 2.2% on a speculation that ArcelorMittal may acquire a stake in the trading company.