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Bank of America Q2 Earnings Call Transcript

123jump.com Staff
25 Jul, 2011
New York City

The financial services provider reported quarterly revenue, net of interest expense plunged 55% to $13.24 billion. Net loss in the quarter was $8.8 billion. The company lost 90 cents per share compared to earnings of 27 cents per share in the year-ago period.

Australian Index Drops 1.6%; Macarthur Coal Production Falls 24%

Marcus Jacob
25 Jul, 2011
New York City

The benchmark index in Sydney dropped the most in the last ten days of trading as the U.S. lawmakers struggle to agree to revise the debt ceiling. Macarthur Coal Ltd said coal production declined 24% in the first half and dropped 22.5% in the last quarter in the aftermath of natural disasters.

Goldman Sachs Q2 Earnings Call Transcript

123jump.com Staff
23 Jul, 2011
New York City

The financial services firm reported revenues in the quarter declined 18% to $7.28 billion. Net quarterly earnings soared 77% to $1.09 billion. Earnings per share rose to $1.85 compared to 78 cents per share a year earlier.

U.S. Stocks Gyrate With Debt Talks Spin; Oil Nears $100

Bikram Pandey
22 Jul, 2011
New York City

The U.S. indexes struggled as debt talks meandered and an agreement on spending limits appeared far from certain. The euro-zone leaders struck a deal that will trim Greek government debt and share pain with banks and offered new loans at cheaper rates. Oil neared $100 and gold at $1,600.

U.S. Movers: Caterpillar, General Electric, Microsoft, McDonald

Mukesh Buch
22 Jul, 2011
New York City

Caterpillar second quarter net income surged 44% to $1.01 billion. Dover second quarter net earnings rose to $249.8 million. General Electric second quarter net earnings climbed 22% to $3.7 billion. Microsoft fourth quarter net income surged 30% to $5.9 billion. McDonald

Apple Q3 Earnings Call Transcript

123jump.com Staff
22 Jul, 2011
New York City

The PC maker quarterly sales rose 82% to $28.57 billion. Net income in the quarter grew 125% to $7.31 billion. Earnings per share soared to $7.79 versus $3.51 per share a year-ago quarter. iPhone sales surged 142% annually to 20.34 million units and iPad sales soared 183% to 9.25 million units.

UK Indexes Higher; easyJet Surges 17%, Vodafone Rises

Arthi Gupta
22 Jul, 2011
New York City

The UK indexes traded higher after the euro-zone leaders agreed to support a second bailout program for Greece. Experian agreed to acquire Brazil-based Virid Interatividade Digital Ltda. Vodafone quarterly revenue grew 3.5% to

World Indexes Stable as Greece Concerns Ease; GE, Microsoft Net Rise

Arthi Gupta
22 Jul, 2011
New York City

U.S. indexes gained after euro-zone leaders agreed on new bailout package for Greece with private sector contributions of

Yen Strengthens, Nikkei Jumps 1.2%, Mitsubishi UFJ Up

Nigel Thomas
22 Jul, 2011
New York City

Stocks in Tokyo gained after global sentiment improved for the second day. Banks led the advance in the region after the euro-zone ministers hammered out an agreement to offer new loans with relaxed conditions to Greece. The yen dropped below 79 to a dollar, the strongest since March 17.

Euro-zone Orders Up; French Sentiment Falls to 7-Month Low

Arthi Gupta
22 Jul, 2011
New York City

Euro-zone industrial orders surged 3.6%, French leading index fell, and Greece swung to deficit in May. German confidence weakened more than anticipated in July.

Australian Index Soars 1%, Dollar 10-week High; Foxtel Bid Rejected

Marcus Jacob
22 Jul, 2011
New York City

Stocks in Sydney surged after the euro-zone ministers agreed on Greek bailout conditions and the overnight reports suggested a progress in the U.S. debt talks. Resource stocks gained after oil inched towards $100. Austar plunged 16% after Foxtel

Greek Bailout Lifts European Indexes; TomTom Swings to Loss

Arthi Gupta
22 Jul, 2011
New York City

European indexes traded higher after euro-zone leaders agreed on new bailout package for Greece of longer maturity and drastically lower interest rate. Private sector will contribute

Indexes Advance on Budget Deal, Greek Bailout Prospects, Microsoft Exceeds

Bikram Pandey
21 Jul, 2011
New York City

The U.S. indexes soared on positive earnings and improving sentiment as the debt negotiations advance in the U.S. and Europe. The Dow and the S&P 500 indexes gained more than 1.2%. Express Scripts agreed to acquire Medco for $29.1 billion to form the largest pharmacy benefits manager.

U.S. Movers: ABB, AT&T, Danaher, Morgan Stanley, PepsiCo, Whirlpool

Mukesh Buch
21 Jul, 2011
New York City

ABB second quarter net earnings soared 43% to $893 million. AT&T second quarter net income fell 10% to $3.59 billion. Danaher second quarter net income surged to $648.8 million. Morgan Stanley reported second quarter loss of $558 million. PepsiCo net income in the quarter rose 18% to $1.9 billion.

UK Retail Sales Rise; Kingfisher, SAB Miller in Focus

Arthi Gupta
21 Jul, 2011
New York City

The UK indexes traded higher after retail sales rose 0.3% and public sector net borrowing fell in June. Investors turned cautious ahead of the European ministers

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