- Mayank Mehta
- 10 Feb, 2010
- New York City
UK financials closed higher ahead of the EU summit tomorrow. BHP Billiton sales declined 17% in the first half. ICAP soared 11% after it was recommended by two brokers. Reckitt Benckiser Group increased 1.7% after it reported higher than expected earnings. Autonomy Corp dropped 5%.
- 123jump.com Staff
- 10 Feb, 2010
- New York City
The global payment services company reported revenue declined 7% to $296.4 million in the quarter. Net quarterly loss was $3.6 million. The company lost 4 cents a share compared to gains of 22 cents a share the prior-year quarter. Revenue rose 26.4% to $1.17 billion for full-year 2009.
- Mayank Mehta
- 10 Feb, 2010
- New York City
Tiffany led gainers in the S&P 500 index with a rise of 3.5%. Marsh & McLennan''s quarterly net falls. ArcelorMittal swings to profit but sales decline 16% and estimates lower than expected quarterly sales. Baidu Inc guides higher quarterly sales. Dean Foods Co. adjusted profit below expectations.
- 123jump.com Staff
- 10 Feb, 2010
- New York City
U.S. goods and services deficit increased in December to $40.2 billion from $36.4 billion in November. 2009 deficit dropped to $380.7 billion from $695.9 billion a year ago.
- 123jump.com Staff
- 10 Feb, 2010
- New York City
U.S. stocks fluctuated after the December trade deficit increased but declined sharply in 2009. For the year deficit dropped to $380.7 billion. Micron Technology agreed to acquire flash chip maker Numonyx Holdings BV for $1.25 billion. ArcelorMittal dropped after it guided lower than expected net.
- Darlington Musarurwa
- 10 Feb, 2010
- New York City
BHP sales first sales declined 17.5% but the net surged to $6.1 billion from a year ago period. Australia
- 123jump.com Staff
- 10 Feb, 2010
- New York City
Sales rose 10.2% to
- 123jump.com Staff
- 10 Feb, 2010
- New York City
Sales fell 5% to
- 123jump.com Staff
- 10 Feb, 2010
- New York City
Blackboard fourth quarter revenue increased 18% to $100 million with net income jumping nearly 300% to $7.7 million. Earnings per share were 23 cents against 6 cents in the prior year quarter. Total year revenue increased 21% to $377 million with net income touching $7.9 million.
- 123jump.com Staff
- 09 Feb, 2010
- New York City
Shanghai and Hong Kong market indexes closed higher as the prospect of Greece bailout by the EU increased. Auto sales in January nearly doubled. ICBC says it tightened lending to property developers. China Overseas Land inks HK$8 billion loan agreement. China Eastern Air completes restructuring.
- 123jump.com Staff
- 09 Feb, 2010
- New York City
The prospect of a Greek bailout by the EU raised hopes for the euro and the wider euro zone. With the barrage of earnings, investors focused on Coca-Cola, Harmon Industries, IAC Interactive, Martin Marietta Materials and Church & Dwight. The euro was in focus as the EU leaders prepare to meet.
- Darlington Musarurwa
- 09 Feb, 2010
- New York City
Australian stocks looked for a direction in the global markets. David Jones, the retailer lifted its first half profit outlook. Macquarie Group estimated second half earnings growth of 10%, lower than expected. Newcastle weekly coal exports grow 11.3%.
- Darlington Musarurwa
- 09 Feb, 2010
- New York City
Debts by failed companies in Japan rose 838 billion yen in January as Japan Airline filed bankruptcy. Toyota Motor Corp agreed to recall 223,068 hybrid cars in Japan. Sumitomo Mitsui Financial quarterly profit doubles but leaves annual outlook unchanged.
- Mayank Mehta
- 09 Feb, 2010
- New York City
European markets inched higher as optimism grew that the euro zone leader will offer a bailout plan for Greece. The European Parliament approved the new European Commission in a vote today. The euro advanced. The Swatch Group surged 5% after it indicated better results in the current year.