- 123jump.com Staff
- 15 Jun, 2009
- New York City
UK and European stocks closed lower on worries of rising inflation, a prospect of slower economic recovery and increased government debt. UK plans to raise
- 123jump.com Staff
- 15 Jun, 2009
- New York City
Hong Kong stocks declined on a weakness in metals and mining sector. Shanghai closed higher. Foreign direct investment in China fell 18% in May. The yuan declined in Shanghai trading.
- 123jump.com Staff
- 15 Jun, 2009
- New York City
Australian stocks declined after metals closed lower. Goodman Group surges on talks of investment from China. Atlas Iron Limited surged 17% after it proposed public offering of A$117 million to fund iron ore mining expansion.
- 123jump.com Staff
- 30 Jun, 2009
- New York City
European markets edged lower after unemployment in Germany increased and French producer prices declined. Porsche will seek alternative sources of funding to refinance its
- Sarla Buch
- 30 Jun, 2009
- New York City
UK benchmark indexes fell after the downward revision of the first quarter GDP. The revision raised the speculation that the annual GDP may decline more than the government estimate despite the large economic stimulus. The GDP decline from a year ago was the sharpest in five decades. The pound fell.
- Mayank Mehta
- 22 Jul, 2009
- New York City
Indian Government tax collection in June increased 3.7% and India is not likely to meet its export target of $200 billion in the current fiscal year. Monsoon rains are still trailing the historical average sparking fears of drought. HDFC quarterly net gains 21%.
- 123jump.com Staff
- 21 Jul, 2009
- New York City
Apple and Starbucks surge in the after-hours on earnings reports. Apple net increased 15% in the third quarter and sales of iPhone surged six-fold. Starbucks earnings increased on cost cutting. Yahoo! quarterly revenues declined 13% and net income increased 8%.
- Mukesh Buch
- 21 Jul, 2009
- New York City
Earnings optimism lifted stocks for the second day in a row. Fed Chairman Bernanke urged lawmakers to balance the budget and noted that unemployment will remain high in 2010 and 2011. Industrial stocks edged higher but banks were weak.
- Mayank Mehta
- 02 Jul, 2009
- New York City
Dynegy led the decliners in the S&P 500 index with a loss of 9.1%. Acuity Brands third quarter profit drops 46% on weak construction. Unify reported fourth quarter net rises. Monster Worldwide drops after unemployment surges.
- 123jump.com Staff
- 28 Jul, 2009
- New York City
The Chinese-language Internet search provider total quarterly revenue rose 37% to RMB1.1 billion or $161 million. Net quarterly income surged 45% to RMB383.3 million or $56.1 million. Earnings per share climbed to RMB11.02 or $1.61 from RMB7.62 or $1.11 a year-ago quarter.
- 123jump.com Staff
- 28 Jul, 2009
- New York City
UK home prices in June edged 0.1% higher from May but declined 14% from a year ago. London prices increased 2% in the month and fell 12.5% from a year ago. BP Plc second quarter net profit dropped 53%. Investec plans to raise
- Mayank Mehta
- 28 Jul, 2009
- New York City
Virgin Mobile surges after Sprint agrees to acquire the pre-paid telephone service operator. Bank of Hawaii Corp second quarter net falls on higher provision. Office Depot, Inc second quarter loss widens to $82 million. Valero reports loss in the second quarter on lower diesel demand.
- Mayank Mehta
- 28 Jul, 2009
- New York City
Hitachi Ltd plans to spend nearly $3 billion to acquire five subsidiaries in information and technology areas. Sapporo Holdings lowered its estimate of first half loss. JFE increased after it issued optimistic outlook by reported a loss in the first quarter.
- Trupti Mehta
- 21 Jul, 2009
- New York City
The UK government budget deficit jumps to 32-year record of
- 123jump.com Staff
- 21 Jul, 2009
- New York City
Stocks in Shanghai and Hong Kong edged lower after investors worried that prices may be ahead of fundamentals. China State Construction Engineering filed to raise as much as $7.3 billion. Mining related stocks closed lower.