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Coca-Cola Q2 Earnings Call Transcript

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

The non-alcoholic beverage company said quarterly net operating revenues rose 47% to $12.74 billion. Net income in the quarter increased 18% to $2.8 billion. Earnings per diluted share climbed to $1.20 compared to $1.02 per diluted share in the year earlier period.

U.S. Weekly Jobless Claims Up; Express Scripts Offers $29 B for Medco

Arthi Gupta
21 Jul, 2011
New York City

U.S. indexes gained after upbeat earnings. Weekly jobless claims rose 10,000 to 418,000. Express Scripts agreed to buy Medco Health for $29 billion. PepsiCo net rose 18%.

Growth in Europe Eases; Swiss Confidence Slumps

Arthi Gupta
21 Jul, 2011
New York City

European private sector growth slowed in July. Euro area current account deficit widened and German construction orders improved in May. Swiss investor confidence slumped in July. Dutch jobless rate slid in June.

Greek Bailout Summit in Focus; Nokia Swings to Loss

Arthi Gupta
21 Jul, 2011
New York City

European indexes traded lower ahead of the euro-zone summit in Brussels today as France and Germany struck a deal to provide a bailout and restrict private lenders participation. The Spanish Treasury completed the sale of

Japan Stocks Flat on Stronger Yen; Export Decline Slows in June

Nigel Thomas
21 Jul, 2011
New York City

Stocks in Japan edged higher on a regional rally and after it posted a surprise trade surplus in June. The exports decline slowed to 1.6% fall in the month but imports rose to 9.8%. Japan still logged the third largest trade deficit in the first half since record keeping began in 1979.

Australian Stocks Struggle; Newcrest Gold Production Up 16%

Marcus Jacob
21 Jul, 2011
New York City

The benchmark index in Australia closed higher after resource stocks rebounded. The world sentiment improved after the U.S. debt talks progressed and European minister appear to have a plan for the second Greek bailout. Newcrest Mining said gold production soared 16%.

International Business Machines Q2 Earnings Call Transcript

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

The information technology company reported total quarterly revenues rose 12% to $26.7 billion. Net income in the quarter increased 8% to $3.7 billion. Earnings per diluted share grew to $3.00 compared to $2.61 per diluted share in the same quarter last year.

U.S. Movers: Abbott, Apple, BlackRock, Chipotle Mexican Grill, Ecolab

Mukesh Buch
20 Jul, 2011
New York City

Abbott second quarter net earnings soared 50% to $1.9 billion. Apple third quarter net profit surged to $7.31 billion. BlackRock second quarter net income surged 45% to $619 million. Ecolab made merge agreement with Nalco for $8 bn. United Technologies second quarter net income rose 21%to $1.32 bn.

U.S. Stocks Rest; Earnings Momentum, Housing Weakness Collide

Bikram Pandey
20 Jul, 2011
New York City

The U.S. indexes traded sideways after 90% of the 65 companies in the S&P 500 index so far reported better than expected earnings. The surge in Apple Inc

UK Mortgage Lending Drops; LSE Group Revenues Up 2%

Arthi Gupta
20 Jul, 2011
New York City

The UK indexes climbed after gross mortgage lending fell in June. The Bank of England policymakers remained divided on rates and quantitative easing. Melrose completed the disposal of Dynacast division for

Nikkei in Japan Rise on Techs and Bank; Softbank, Yasakawa Up

Nigel Thomas
20 Jul, 2011
New York City

Stocks in Japan gained following a rally in tech stocks and banking stocks. Apple Inc earnings lifted Toshiba Corp, Softbank and Foster Electric. Banks gained after the U.S. debt talks jitters eased. Yasakawa Electric earnings lift robot makers.

Existing Home Sales Drop 0.8%, Apple Lifts Tech Sentiment

Arthi Gupta
20 Jul, 2011
New York City

U.S. indexes rose after mortgage application activity soared. Energy Transfer agreed to acquire Southern Union in $9.4 billion deal and Ecolab agreed to buy Nalco for $5.4 billion. CNOOC agreed to acquire OPTI for $2.1 billion. Apple earnings surged on strong sales of iPhones and iPad.

Australian Stocks Power Ahead; Record BHP Billiton Production

Marcus Jacob
20 Jul, 2011
New York City

Australian stocks soared tracking a surge in international markets and BHP reported strong production. However the index of leading indicators and consumer spending declined to the slowest growth in 20 months. Woolworths reported food and liquor sales dropped 10% in the quarter.

German Producer Prices at 6-Month Low; Italian Orders Improve

Arthi Gupta
20 Jul, 2011
New York City

German producer prices eased to a 6-month low in June. Iceland jobless rate fell in the second quarter. Italian industrial orders improved in May. Dutch and Danish consumer sentiment declined in July.

Earnings Momentum Lift European Indexes; Accor, TeliaSonera Up

Arthi Gupta
20 Jul, 2011
New York City

European indexes extended gains ahead of the Greek bailout summit. German producer prices increased 5.6%. Accor first-half revenue rose 4.4% to

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