123jump.com Staff
05 Sep, 2010
New York City
The Internet applications and content delivery solutions provider revenue increased 20% to $245.3 million in the quarter. Net quarterly income rose 6% to $38.1 million. Earnings per share grew to 20 cents versus 19 cents per share in the year-ago period.
Bikram Pandey
03 Sep, 2010
New York City
U.S. indexes gained more than 1% and added between 2.4% and 3.6% in the week. The better-than-expected private sector job additions and an increase in hours worked and hourly rates also contributed to the sentiment. Fed Chairman said he failed to see the structural weakness in financial system.
Bikram Pandey
03 Sep, 2010
New York City
U.S. stocks gained after the release of better than expected jobs report in August. Private sector added jobs in the month and the additions for June and July were revised higher.
Devan Biswas
03 Sep, 2010
New York City
H&R Block Inc surged 7% after it operated smaller operating loss. Campbell Soup Co declined after it estimated annual earnings at the low end of the range. Take-Two Interactive Software Inc soared more than 10%. Employment agencies surged after unemployment data.
Arthi Gupta
03 Sep, 2010
New York City
The UK indexes rose after service sector continued to expand for the sixteenth successive month in August. The UK construction orders slumped in the second quarter and net reserves rose in August.
Arthi Gupta
03 Sep, 2010
New York City
The European indexes advanced after euro area retail sales climbed in July and service sector growth rose to a three-month high in August. Novartis discovered compound for treatment of drug-resistant malaria. Carnegie acquired HQ Bank and HQ Fonder.
Arthi Gupta
03 Sep, 2010
New York City
U.S. stocks rose after non-farm payrolls fell 54,000 in August. Emerson completed acquisition of Chloride for $1.5 billion. Goldcorp agreed to buy Andean Resources for C$3.6 billion. Disney and Time Warner Cable signed deal for digital video services.
Chandrasekhar Atreya
03 Sep, 2010
New York City
Stocks in Mumbai traded sideways. Bajaj Auto reported record monthly August sales. Motorcycles and auto sales surged in August as consumers take advantage of low interest rates. HPCL plans to invest in a crude oil refinery in Raigad, Maharashtra.
Chandrasekhar Atreya
03 Sep, 2010
New York City
Stocks in China fell but in Hong Kong rallied near close. Land acquisitions almost quadruple in Shanghai in August. Ping An plans to consolidate its banking arm. GM
Chandrasekhar Atreya
03 Sep, 2010
New York City
Stocks in Japan rallied for a third day this week and close up in a week in more than a month. Capital expenditure in the quarter to June declined. August monetary base rises in Japan. U.S. auto sales of Toyota dropped 34% and Honda plunged 33%.
Chandrasekhar Atreya
03 Sep, 2010
New York City
Stocks in Australia rallied to push the weekly gain of 4%. New vehicles sales rose 12.1% in August. Qantas loses it appeal against a Federal Court ruling. Newcastle port has longer waiting list of ships to be loaded.
Bikram Pandey
02 Sep, 2010
New York City
U.S. stocks searched for direction after weekly jobless claims fell and the index pending home sales increased in July. Europe left its rate on hold and Sweden raised rates. Stocks in Japan and Asia closed higher. Burger King agreed to go private and Hewlett Packard won the bid for 3PAR.
Devan Biswas
02 Sep, 2010
New York City
U.S. stocks traded higher. 3PAR increased after Dell did not match the revised offer from HP. Retailers scaled higher after August same store sales increased more than expected. Burger King Holdings surged 25% after it accepted buyout offer.
Arthi Gupta
02 Sep, 2010
New York City
The UK indexes dropped after the UK construction activity slowed and home prices fell in August. Tullow acquired 50% stake in Kenya and Ethiopia basins from Africa Oil Corp. European Central Bank left its rates at 1% and Sweden raised rate to 0.75%.
Arthi Gupta
02 Sep, 2010
New York City
The European indexes fell after the ECB left key rate unchanged at 1%. Euro-zone GDP expanded 1% in the second quarter and wholesale inflation rose 0.2% in July. French unemployment rate declined 9.3% in the second quarter. Sweden raised interest rates to 0.75%.
