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U.S. Jobless Claims; Productivity Drop

Arthi Gupta
02 Sep, 2010
New York City

U.S. stocks trade sideways after weekly jobless claim fell 6,000 to 472,000 and productivity declined 1.8% in the June quarter. India demanded Google, Skype, and RIM set up local servers. Orexigen and Takeda in $50 million deal to develop and commercialize obesity drug.

Sensex Up 0.2%; Record Sales at Bajaj Auto

Devan Biswas
02 Sep, 2010
New York City

Stocks in Mumbai trading closed higher after international markets surged. The Sensex closed up 0.2%. Gold traded up but demand dwindled on record high prices. Bajaj Auto Ltd reported record monthly sales in August.

Global Markets Rally; U.S. Auto Sales Drop

Marcus Jacob
01 Sep, 2010
New York City

World stocks rallied after the surprise increase in U.S. manufacturing index and China manufacturing edged up and Australia

S&P 500 and Nasdaq Up 2.7%

Bikram Pandey
01 Sep, 2010
New York City

U.S. stocks surged after manufacturing index showed a surprise growth and small but still an expansion in China. Commodities linked Australian economy registered 1.2% growth. Investors are awaiting monthly jobless data and rate report on Friday.

Burger King, Netflix, Joy Global Rise

Devan Biswas
01 Sep, 2010
New York City

Brown Forman Corp dropped 6% after the maker of spirits and vodka reported lower than expected earnings. G-III Apparel Group Ltd reported higher than expected earnings. Netflix Inc soared 5%. Burger King Holdings Inc soared 10%.

FTSE Soars 2.3%; Manufacturing Plunges

Arthi Gupta
01 Sep, 2010
New York City

The UK indexes traded higher after positive global economic data. The UK manufacturing growth plunged to nine-month low in August. Irish live register of total unemployment rose for the sixth month in a row to August, manufacturing slackened in August and retail sales fell in July.

Guess Q2 Earnings Call Transcript

123jump.com Staff
02 Sep, 2010
New York City

The apparel distributor total net revenue increased 10.5% to $577.1 million in the quarter. Net quarterly earnings rose 12% to $66.8 million. Earnings per share grew to 72 cents compared to 64 cents per share in the prior-year quarter.

German Retail Sales Fall, Euro-zone PMI at Low

Arthi Gupta
01 Sep, 2010
New York City

European stocks rose after euro-zone manufacturing fell to six-month low in August. German retail sales drop in July and manufacturing growth declined in August. Greek manufacturing slid in August. French manufacturing index surged.

U.S. Private Sector Jobs Shrink; Refi Index Up

Arthi Gupta
01 Sep, 2010
New York City

U.S. stocks gain after private sector employment fell 10,000 in August and mortgage applications rose for a fifth week in a row. 3M proposed to acquire Attenti for $230 million. BP agreed to sell Malaysian operations to Petronas for $363 million.

Sensex in India Up 1.3%; Deficit Surges 42%

Chandrasekhar Atreya
01 Sep, 2010
New York City

Stocks in Mumbai traded sharply higher after exports increased 13.2% and trade deficit expanded 42%. July exports increased 13.2% and imports soared 34.3%. Rupee gained. Manufacturing index showed a smaller than expected growth. Nalco looks for investment in Indonesia.

Nikkei Gains; DPJ Leadership Race Tightens

Chandrasekhar Atreya
01 Sep, 2010
New York City

A better-than-expected Chinese manufacturing and GDP expansion in Australia helped the benchmark index in Tokyo. The two-week leadership race for the ruling party began today. Car subsidies may end earlier than the deadline set by the government.

Stocks in China Decline, Manufacturing Expands

Chandrasekhar Atreya
01 Sep, 2010
New York City

Stocks in China fell while those in Hong Kong rallied. New home sales are set to begin in September, the traditional high season for purchases. First-half income of mainland listed companies jump 41%.

Sydney Stocks Rally 2.1%; GDP Up 1.2%

Chandrasekhar Atreya
01 Sep, 2010
New York City

Stocks in Australia rallied after the GDP expanded at the fastest pace in three years at 1.2%. Exports rose 5.6% in the quarter and added 1.1 percentage point to the expansion. Manufacturing index increased at a slower pace in August. Paladin targets uranium exports to China.

Dow Down 4%; Gold Up 5.6%

Bikram Pandey
31 Aug, 2010
New York City

U.S. stocks traded sideways and crude oil and copper declined. For the month, the Dow declined 4% and the Nasdaq index fell 6%. Gold increased 5.6% and crude oil declined nearly 9%. Market index in Japan declined 7.5% in August as the yen rallied 6%.

RiM, Winn-Dixie Fall; Saks Surges

Bikram Pandey
31 Aug, 2010
New York City

U.S. stocks traded sideways after the confidence index inched higher. Research In Motion Ltd declined more than 2%. DSW Inc declined after second quarter net doubled. Dollar General Corp declined after second quarter net soared 51%.

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