- 123jump.com Staff
- 29 Nov, 2010
- New York City
The digital financial media company said quarterly revenue rose 8% to $14.3 million, reflecting a 9% jump in advertising sales and 8% growth in subscription revenue. Net loss widened 39% to $1.93 million in the quarter. The company lost 6 cents a share versus a loss of 5 cents a year-ago quarter.
- 123jump.com Staff
- 27 Nov, 2010
- New York City
The luxury-jewelry retailer worldwide net sales for the quarter increased 14% to $681.7 million, with growth across all geographic regions. Net quarterly earnings surged 27% to $55.1 million. Earnings grew to 43 cents per share from 34 cents per share last year.
- Arthi Gupta
- 26 Nov, 2010
- New York City
The UK indexes slid on worries that Ireland''s fiscal crisis could spread to other euro-zone countries and home prices declined in October. Irish retail sales rose in October. BP won production sharing contract in Indonesia. Chrysalis agreed to
- 123jump.com Staff
- 26 Nov, 2010
- New York City
The insurer quarterly revenues increased 28% to $6.67 billion. Net income generated in the quarter was $666 million or $1.34 per diluted share, compared to a net loss of $220 million or 79 cents per share in the prior-year quarter.
- Arthi Gupta
- 26 Nov, 2010
- New York City
The European indexes fell on rising debt concerns in the euro-zone as leaders struggle to contain the spreading debt contagion. German CPI rose in November and French consumer spending declined in October. Euro area bank lending climbed in October. Spain mortgage approvals fell in September.
- Arthi Gupta
- 26 Nov, 2010
- New York City
U.S. indexes traded lower tracking weaker world markets. European sovereign debt problem has now shifted focus to Belgium, Portugal and Spain as leaders work with Portuguese leaders to seek aid. KKR-led consortium agreed to acquire Del Monte Foods for $5.3 billion.
- Mukesh Buch
- 26 Nov, 2010
- New York City
Stock in Mumbai plunged for the second day as regulators widen loan scandal probe. Banks declined more than 5%. Bank of India gained 2.9% after positive comments on loan procedures. Jet Airways plunged 7.1% after aviation minister warned against sudden fare increase.
- Arthi Gupta
- 25 Nov, 2010
- New York City
The UK indexes rose after retail sales climbed in November. Tate & Lyle agreed to sell molasses business for
- Arthi Gupta
- 25 Nov, 2010
- New York City
Investors in Europe face rising sovereign debt stress and yields spreads widen as focus shifts to Portugal, Spain and Germany. Belgium banks have a significant exposure in Ireland. French consumer confidence improved in November and German building industry orders declined in September.
- Mukesh Buch
- 24 Nov, 2010
- New York City
Campbell Soup, first quarter sales decreased 1% to $2.17 billion. Deere & Company fourth quarter total net sales and revenues climbed 35% to $7.20 billion. Guess, Inc net revenue rose 17.4% to $613.90 million. Tiffany third quarter net sales increased 14% to $681.73 million.
- Mukesh Buch
- 25 Nov, 2010
- New York City
Stock in Mumbai fell as banks and developers led the decliners. Bank of India, Canara Bank, LIC Housing and Punjab National Bank fell more than 5%. Hindustan Construction Company plunged nearly 11% as its unit Lavasa is probed by regulators.
- Mukesh Buch
- 23 Nov, 2010
- New York City
Analog Devices, fourth quarter sales increased 35% to $770 million. Campbell Soup first quarter net revenues fell 1% to $2.17 billion. Hewlett-Packard fourth quarter net revenue rose 8% to $33.28 billion. Medtronic, second quarter worldwide revenue rose 2% to $3.90 billion.
- Mukesh Buch
- 24 Nov, 2010
- New York City
Stock in Mumbai declined. Dr. Reddy''s gained 1.1% after acquire agreed to acquire GlaxoSmithKline
- Chandrasekhar Atreya
- 25 Nov, 2010
- New York City
Stocks in Shanghai and Hong Kong closed higher tracking the gains in international markets. Coal reserves at some power plants are very low in China. Rusal enters China with a joint venture to sell aluminum. Hong Kong debt rating lifted higher.
- Chandrasekhar Atreya
- 25 Nov, 2010
- New York City
Tokyo indexes closed up a fraction as nervous traders monitor elevated tensions in the Korean peninsula. Exports in October rose at a slower pace of 8% and rose for the eleventh month in a row. Tourist arrivals in October drop as fewer Chinese visit Japan.