Mayank Mehta
05 Apr, 2010
New York City
U.S. stocks traded higher in light trading volume after March employment increased and an index of service industry showed expansion at the fastest pace in nine years and pending home sales index increased in February. Apple said it sold 300,000 iPad on the first day of sale.
123jump.com Staff
05 Apr, 2010
New York City
Revenues fell 3% to $574.4 million & net loss was $6.5 million or 4 cents a share. Incentives were 12.5% down from 13.2% last qtr & 17.1% last year and margins improved on a pre-impairment basis to 20.3% from 17.8% last qtr & 14.3% last year. Inventory declined from $3.9 billion in the prior year.
Mayank Mehta
02 Apr, 2010
New York City
Stocks in Japan closed higher as investors take optimistic view on the global economy. Manufacturing rebounded worldwide and exports volumes are rising from Asia. Sales of Japanese automakers in the U.S. rebound with Toyota sales surging 41%.
Sarla Buch
02 Apr, 2010
New York City
Employers added 162,000 jobs in March and unemployment rate was unchanged at 9.7%. Private sector added 123,000 jobs and government payrolls increased 48,000. Of the unemployed, 6.5 million or 44% people are jobless more than 27 weeks.
123jump.com Staff
02 Apr, 2010
New York City
U.S. stocks traded higher in a quiet trading after March employment increased 162,000. Treasuries fell and the Dow closed at 180-month high in futures trading. Markets in Europe, UK, India, Hong Kong, Indonesia and Australia are closed today. The dollar advanced against the yen to 10-month high.
Mayank Mehta
01 Apr, 2010
New York City
Stocks in Shanghai and Hong Kong rallied after manufacturing index gained in March. Resource stocks and commodities traded higher. Bright Food Group Co lifted its demand for Australia based CSR Ltd
123jump.com Staff
01 Apr, 2010
New York City
World stocks rallied after commodities gained on a rise in manufacturing in Europe and Asia and a smaller decline in U.S. jobless claims. Auto sales in March surged with GM leading industry sales in the month. Toyota sales rebounded 41% on higher incentives.
Darlington Musarurwa
01 Apr, 2010
New York City
Australian stocks gained on a rise in commodities prices but gains were trimmed after February deficit widened. Lihir Gold rejects Newcrest Mining A$9.2 billion takeover bid. Australian trade deficit widened to A$1.8 billion in February and manufacturing growth slowed.
Darlington Musarurwa
01 Apr, 2010
New York City
Stocks in Tokyo advanced on the improving business sentiment. Dai-Ichi Lie Insurance initial public offering received warm reception on the first day of trading. Steel exports surged 81% in February on the rise in demand from China and Korea. Fuji Electric Holdings Co soared 7%.
Mayank Mehta
01 Apr, 2010
New York City
Wholesale inflation index hovered near 14% in February and exports surged 35%. For the eleven months exports rose 11%. TVS Motor sales in March jump 24%. The Sensex index in closed higher ahead of auto sales data and optimistic view on earnings.
Mayank Mehta
01 Apr, 2010
New York City
UK stocks closed higher after metal prices gained and resource stocks led the gainers in trading. UK, European and Asian economies reported rising manufacturing and improving exports. The pound increased. UK Regulator lowers mobile-phone calls termination fees.
123jump.com Staff
01 Apr, 2010
New York City
European markets generally added more than 1% at close. Global sentiment improved after Europe, China, India, Japan and Korea reported gains in manufacturing and exports. Swiss franc surged against the euro.
Mayank Mehta
01 Apr, 2010
New York City
CarMax, Inc gained after it reported higher than expected sales and earnings. Global Payments Inc surged after it swung to quarterly profit. Research in Motion declined after sales growth was lower than expectations. JPMorgan may increase dividend to as high as $1 a share.
123jump.com Staff
01 Apr, 2010
New York City
U.S. stocks traded higher in the morning after weekly jobless claims declined and manufacturing accelerated in China, Europe, Switzerland and UK and India said exports and imports surged. Business sentiment in Japan improved sharply in a quarter.
123jump.com Staff
01 Apr, 2010
New York City
Revenues rose 9% to $858.7 million & net income fell 18.7% to $127.2 million or 24 cents a share. GAAP operating expenses were $592.5 million compared to $501.1 million a year ago same qtr & $521.3 million last quarter. Operating income in Q1 fiscal 2010 was $176.8 million or 20.6% of revenues.
