- 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.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Major European bourses advanced in early trading on Tuesday in the wake of gains across Asia-Pacific. The DAX Index rose 1.58% in Frankfurt.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Stock markets across Asia-Pacific were mostly on the rise Tuesday with exchanges in Japan, South Korea, Australia, India, Malaysia and Thailand closing in positive territory. China and Hong Kong missed out on the rally with both CSI 300 and Hang Seng sliding into red.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Energy stocks lent support to ASX 200 on Tuesday amid rising concerns over the conflict in the Middle East. Fears of a ground operation launched by Israel in Gaza sent oil prices higher.
- 123jump.com Staff
- 29 Dec, 2008
- New York City
India government will announce the second stimulus package for this fiscal year and the one for 2009 to 2010 in the next few days to boost economic growth.
- 123jump.com Staff
- 29 Dec, 2008
- New York City
The Nikkei 225 Index in Tokyo closed higher 7.65 or 0.09%. Hang Seng index in Hong Kong rose 1.02%.
- 123jump.com Staff
- 29 Dec, 2008
- New York City
Hong Kong market indices rose on towering oil prices and the conflict between Israel and Hamas fuelling worries that hostilities will affect oil supplies. China Iron and Steel Association announced the country''s steel plants posted a combined loss of Rmb12.77 billion in November.
- 123jump.com Staff
- 29 Dec, 2008
- New York City
Japan stocks rose on rumors that Mitsui Sumitomo Insurance Group Holdings, Aioi Insurance Co. and Nissay Dowa General Insurance Co. might merge to create the country
- 123jump.com Staff
- 29 Dec, 2008
- New York City
The difference between the rate Australian banks charge each other for three-month loans and the overnight swap rates decline nine basis points to 49 points. Reserve Bank of Australia has poured A$650 million into the money market after forecasting a surplus of A$4.1 billion.
- 123jump.com Staff
- 27 Dec, 2008
- New York City
Adobe reported fourth quarter revenues of $915.3 million and full year 2008 revenues of $3.58 billion. The company expects revenue and earnings per share in the range of $800 million to $850 million and 30 cents to 35 cents in the first quarter of fiscal 2009.
- 123jump.com Staff
- 26 Dec, 2008
- New York City
U.S. stocks edged higher in light trading volume and investors did put much weight in weaker than expected holiday sales report. Stocks edged higer after crude oil price rose. In Japan, manufacturing plunged in November but stocks gained. Major markets in Europe were closed.
- Mayank Mehta
- 26 Dec, 2008
- New York City
Retailers edged lower after weaker than expected holiday sales. Jones Apparel surged after it revised its credit facility. Crude oil price rise lifted oil complex stocks. Of the stocks in S&P 500 index, 299 increased, 188 declined and 13 were unchanged.
- 123jump.com Staff
- 26 Dec, 2008
- New York City
Holiday sales appear to be weaker than earlier estimated in the U.S. The latest report for the period ending on Dec 24, estimated sales decline of 8.8% including gasoline. Luxury, electronics and apparel sales declined the most. Large discounts of more than 60% have failed to pull more shoppers.
- 123jump.com Staff
- 26 Dec, 2008
- New York City
Teen apparel retailer net sales in the quarter increased 17% to $482 million and same-store sales increased 7%. Net earnings a share surged 31% to $0.63 and net income increased 18% to a record $42.6 million. The fourth quarter earnings are estimated between $0.84 and $0.90 a diluted share.