- 123jump.com Staff
- 06 Jan, 2009
- New York City
CKE reported third quarter earnings declined to $5.4 million or $0.10 per share from $6.2 million a year ago with revenue fall of 4%. On a blended basis the sales at comparable stores rose by 0.9%. In the first three quarters of the fiscal year the restaurant operator added 27 new stores.
- 123jump.com Staff
- 06 Jan, 2009
- New York City
The automotive aftermarket retail and service chain quarterly revenue declined 12.2% to $464.2 million and comparable sales decreased 10.4%. Net earnings rose to $2.8 million or $0.05 per share as compared to a net loss of $20.6 million or $0.40 per share in 2007. Gain from sale lease back transactions increased from $87 million to $173 million.
- 123jump.com Staff
- 06 Jan, 2009
- New York City
The largest independent grocery chain reported same store sales in the third quarter rose at 5.6% and the share of store brands items increased to 27% of total sales. The company plans to spend for capital expenditure between $2 billion and $2.2 billion in fiscal year.
- 123jump.com Staff
- 06 Jan, 2009
- New York City
Verizon and AT&T declined on an analyst downgrade. Barnes & Noble rose after private equity stake disclosure in the bookseller. Best Buy rose on analyst upgrade. Varian Semi lowered revenue estimate for the first quarter.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
U.S. stocks declined on the earnings worries and weak economic cliamte. Manufacturing in China declined for the fifth month in a row. India lowered key lending rate to 8-year low. Auto sales in Japan dropped to a 3-decade low.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
UK stocks edged higher after crude oil reached $47. Adams Childrenswear Limited shut 111 stores and Waterford Wedgewood Plc appointed administrator for its certain UK subsidiaries. The pound rose 2.4% against the euro. Old Mutual led decliners in the FTSE 100 index with a loss of 10%.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
Stocks in Mumbai surged after the Reserve Bank of India cut interest rate to eight-year low. In volatile trading stocks edged above 10,000. The government lifted restrictions for foreign investors and promised more capital for state controlled banks.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
Manufacturing index in China dropped for the third month in a row as companies shrink labor force and orders weaken. China plans to unveil stimulus package for auto industry aimed at encouraging sale of low emission cars. China issued third generation telecom licenses.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
Stocks in Japan rose after the yen fell and on the hopes that U.S. tax relief will stimulate demand for exports from Japan. Vehicle sales in December dropped 23% and for the year declined 6.5% from a year ago. Vehicle sales declined for the fifth year in a row.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
Australian stocks dropped on weak trading on media speculation that the Reserve Bank of Australia is not expected to lower interest rate at the next meeting in February. PanAust led advancers in the ASX 200 index shares with a surge of 106% after rolling over its US$80 million subordinated debt.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
London stocks closed higher boosted by gains in the energy and commodity sectors. The Land Registry reported that annual house prices in England and Wales slumped 12.2% in November.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Major European markets sustained gains from early trading on Tuesday to end the trading session higher. The CAC 40 Index outperformed leading benchmarks, closing 2.76% up.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Indian stocks ended the trading session higher boosted by expectations of rate cuts by the Reserve Bank of India. In the meantime, local brokers announced that the country''s economic growth was likely to ease between 6% and 7%.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Shares in Hong Kong missed to capitalize on gains across Asian exchanges as pessimism prevailed due to tensions in the Middle East. Chinese authorities, meanwhile, unveiled a plan to create 9 millions jobs in urban areas through a number of initiatives in 2009.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Moderate gains from Tokyo stocks at market close on Tuesday proved to be only mild relief as Nikkei witnessed its greatest annual loss ever. Barclays Capital expressed concerns that the local economy may suffer its worst quarterly decline since 1974.