Mayank Mehta
16 Apr, 2010
New York City
UK stocks declined on the weakness in commodities prices. Airlines are bracing for $1 billion in lost revenues after the closure of northern European airports for the second day. Hargreaves Lansdown plc the fund manager assets under management increased 13%.
Mayank Mehta
16 Apr, 2010
New York City
Stocks in Mumbai closed lower ahead of interest rate decision next week. Foreign investors increase their exposure to India stocks to $78.2 billion. Reliance Industries takes a stake in Deccan Cargo. Goenka Diamond & Jewels drops 20% on the first day of trading. Kamat Hotels trades at one-year high.
Mayank Mehta
16 Apr, 2010
New York City
Greek bond yields rose to pre-bailout level as the EU finance ministers meet to set bailout loan conditions in Madrid. Airlines are expected to los one billion dollars as volcanic ash disrupt air travel in Northern Europe. Carrefour sales climb 5.5% as market in France improves.
123jump.com Staff
16 Apr, 2010
New York City
Google quarterly sales increased 23% and net surged 41%. Advanced Micro Devices, Inc quarter profit rose 33%. Christopher & Banks Corp comparable same-store sales decreased 4%. Genuine Parts earnings per share rose 13%. General Electric profit declined nearly a third.
123jump.com Staff
16 Apr, 2010
New York City
Stocks in early trading in New York gained after housing permits and starts surged in March. Housing permits increased 7.5%, starts gained 1.6% but completions declined 3.1% in the month. Google quarterly sales rise 23% and net soars 41%.
123jump.com Staff
16 Apr, 2010
New York City
Sales rose 1.7% to $396.0 million & net income was $34.5 million or 30 cents a share. The increase in sales improved merchandise margins & controlled expenses resulted in operating income for the quarter of $36 million a $63 million improvement over the $27 million operating loss reported last year.
Mayank Mehta
15 Apr, 2010
New York City
The GDP expanded at 11.9% in the first quarter ending in March and inflation in the month was 2.4%. The second double digit expansion in a row prompted the government to tighten mortgage lending on some home purchases. Talks of higher interest rates gained momentum after the GDP data.
123jump.com Staff
15 Apr, 2010
New York City
Australian stocks closed higher tracking gains in the U.S. however the gains were limited after inflation expectations rose in April. Macarthur Coal rejects revised bid from New Hope citing lower cash component. Bank of Queensland Limited said first half net nearly doubled.
Darlington Musarurwa
15 Apr, 2010
New York City
Stocks in Tokyo closed higher after the Bank of Japan noted in the regional survey that economic activities are picking across all regions but at different pace. Japan lowered industrial production downwards. Banks closed higher in trading ahead of earnings.
Mayank Mehta
15 Apr, 2010
New York City
UK stocks closed reached to the levels last seen in two years as commodities advance and consumer sentiment decline. Experian Plc declined after it reported lower revenue growth in the second half. Dana Petroleum finds more gas.
Darlington Musarurwa
15 Apr, 2010
New York City
European markets closed higher after China reported a surge in economic expansion and U.S. industrial production gained. Roche Holding AG sales increased 6%. Groupe Danone SA first quarter sales rise 8.3%. Lagardere SCA may sell 20% stake in Canal Plus.
123jump.com Staff
15 Apr, 2010
New York City
U.S. indexes closed higher after industrial production gained in March and surged in the first quarter. Positive outlook from Intel, UPS and First Solar lifted trading sentiment. REITs declined after three companies sold additional shares.
Mayank Mehta
15 Apr, 2010
New York City
Mumbai stocks declined after wholesale inflation hovered near record. Finance Minister Pranab Mukherjee indicated said inflation will remain elevated till June. Essar Oil quarterly sales dropped 53% and net plunged 73%.
Mayank Mehta
15 Apr, 2010
New York City
United Parcel Service, Inc led gainers in the S&P 500 index. YUM! Brands, Inc comparable same-store sales increased 4%. Mariner Energy soars 41% on a merger with Apache Corp.
123jump.com Staff
15 Apr, 2010
New York City
U.S. indexes struggled near eighteen months high after jobless claims increased. March industrial production increased 0.1% and increased at annual rate of 7.8% in the first quarter.
