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UK Inflation at 4.4%; Home Prices Fall 2%; CRH Net Soars

Arthi Gupta
16 Aug, 2011
New York City

The UK indexes declined on weaker-than-estimated global economic data. The UK inflation rose 4.4% in July and home prices declined in June. Resolution first-half revenues rose and CRH net soared.

U.S. Housing Starts Fall 1.5%; Wal-Mart Net Up 5.7%

Arthi Gupta
16 Aug, 2011
New York City

U.S. indexes traded sideways after housing starts fell and import prices recovered in July. The World Bank warned that depleting food stocks and high inflation are cause for concern. Cargill planned to acquire Provimi for

Euro Area Growth Nearly Halts; Dutch Retail Sales Flat

Arthi Gupta
16 Aug, 2011
New York City

The euro area economic growth eased more than estimated in the second quarter. Euro-zone trade surplus widened, Dutch retail sales remained unchanged and Spanish industrial new orders growth slackened in June. Swedish jobless rate increased in July.

European Indexes Slump; Deutsche Wohnen, United Internet Down

Arthi Gupta
16 Aug, 2011
New York City

European indexes slumped after euro area economic growth slowed more than estimated in the second quarter. German and French leaders will meet today in Paris to discuss the euro area debt crisis. AEGON decided to sell its UK-based Guardian life and pension business to Cinven for

U.S. Indexes in 3-day Rally; Google, Apple Rivalry Heats Up

Bikram Pandey
15 Aug, 2011
New York City

Indexes rallied on the first day of this week after $15 billion of deals and the markets in Europe were also calm ahead of the meeting between the leaders of France nd Germany. Gold added 1.4% and crude oil jumped 3%.

U.S. Movers: Bank of America, Google, Lowe's, Sysco, Time Warner, Grainger

Mukesh Buch
15 Aug, 2011
New York City

Bank of America agree to sell its credit card business to TD Bank for $8.6 billion. Google agreed to acquire Motorola Mobility at 64% premium for $12.5 billion. Lowe''s second quarter net earnings declined 0.2% to $830 million. Time Warner will acquire Insight Communications for $3 billion in cash.

UK Indexes Rebound 0.9%; Weaker Employment Outlook

Arthi Gupta
15 Aug, 2011
New York City

The UK indexes gained nearly 1% on the first day of trading after a week of wild swings. Home prices in the UK fell for the second month in a row in August. Spectris agreed to acquire U.S.-based Omega Engineering for

Google to Buy Motorola Mobility for $12.5 Billion, Time Warner in $3 B Deal

Arthi Gupta
15 Aug, 2011
New York City

U.S. indexes rose after Japanese economy contracted much less than estimated. Google agreed to acquire Motorola Mobility in $12.5 billion deal. Time Warner Cable agreed to buy Insight for $3 billion. National Oilwell Varco signed $1.5 billion deal with Brazil-based Estaleiro Atlantico Sul.

Nikkei Advances 1.4% on 0.3% Decline in GDP

Nigel Thomas
15 Aug, 2011
New York City

Stocks in Japan surged the most in six weeks after the government said the economy shrank at a slower pace than expected in the latest quarter. Exporters and auto makers gained after finance ministry indicated more steps to weaken the yen.

German Factory Employment Rises; Hungarian Construction Slumps

Arthi Gupta
15 Aug, 2011
New York City

German factory employment climbed but Swedish industrial output fell in June. Denmark factory prices rose, Czech producer price inflation eased, and Swiss producer and import price index declined in July.

Italy Proposes

Arthi Gupta
15 Aug, 2011
New York City

European indexes edged higher after a tumultuous last week on optimism of global economic recovery. The Italian cabinet approved

Australian Index Soar 2.6%; Newcrest Net Jumps 63%

Marcus Jacob
15 Aug, 2011
New York City

The benchmark indexes in Australia soared 2.6% after investors snapped up resources linked companies. Newcrest Mining reported a sharp jump in net income and guided 12% higher earnings per share in the current fiscal year.

Advance Auto Parts Q2 Earnings Call Transcript

123jump.com Staff
15 Aug, 2011
New York City

The automotive aftermarket parts retailer total quarterly sales increased 4.4% to $1.48 billion on comparable store sales gain of 2.5%. Net income rose 12% to $113.1 million in the quarter. Earnings per share grew to $1.46 from $1.16 per share a year-ago quarter.

U.S. Indexes Higher After a Wild Week

Bikram Pandey
12 Aug, 2011
New York City

The U.S. indexes jumped higher for the second day in a row after a turbulent week that saw indexes bounce up and down over 4%. For the week, the S&P 500 index fell 1.7%, declined 9% in the month and dropped 6% in the year so far.

U.S. Movers: DeVry, J. C. Penney, Molycorp, Nordstrom, Nvidia, Progressive

Mukesh Buch
12 Aug, 2011
New York City

DeVry fourth quarter net income increased 5% to $75.2 million. J. C. Penney reported second quarter net income flat to $14 million. Nordstrom second quarter net income increased 20% to $175 million. Nvidia second quarter net income rose to $151.6 million.

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