ticker

UK Jobless Claims Drop; Arriva Surges

Mayank Mehta
17 Mar, 2010
New York City

UK stocks edged higher and the benchmark index traded near one and a half year high as expectations of low interest rate for the near future dominated the sentiment. Arriva Plc soared on a takeover offer and February unemployment claims fell at the fastest pace since 1997.

Blockbuster Plunges; Polycom, Somanetics Rise

Mayank Mehta
17 Mar, 2010
New York City

Blockbuster plunged after the company may file for a bankruptcy protection. Fuqui International, Inc, the jeweler said it will miss its quarterly earnings target. Polycom, Inc surged 8% on a speculation that it may be seeking a buyer.

U.S. Stocks, Commodities Rise; PPI Declines

123jump.com Staff
17 Mar, 2010
New York City

U.S. stocks and commodities traded higher after the producer price index decreased in February and the Fed

Vitamin Shoppe Q4 2009 Earnings Call Transcript

123jump.com Staff
17 Mar, 2010
New York City

Sales rose 13.5% to $162.4 million and net income was $970,000 or 4 cents a share. comp-store sales increased 7%. Gross profit increasing $5.9 million or 12.8%, to $51.8 million. Gross profit as a percentage of sales decreased to 31.9% for the quarter compared with 32.1% last year.

BJ's Q4 Earnings Call Transcript

123jump.com Staff
17 Mar, 2010
New York City

Sales rose 9.6% to $2.74 billion & net income rose 4.5% to $55.1 million or $1.01 a share. Comparable club sales rose 4.6%. The accounts payable inventory ratio at the end of January was 71.6% versus 67.9% last year. Cost of sales including buying & occupancy was flat to last year in basis points.

Indexes in Shanghai, HK Diverge; Cosco Offering

Mayank Mehta
16 Mar, 2010
New York City

Stocks in Shanghai traded higher but in Hong Kong declined. Hong Kong government plans to release 4,000 apartments to cool property prices. Property developers declined in Hong Kong. Cosco Shipping Co. filed to raise $580 million to pay for twenty new ships. Coal prices decline for the sixth week.

China May Influence Iron Ore Price Talks

Darlington Musarurwa
16 Mar, 2010
New York City

The Australian benchmark index gained a fraction on a strength in precious metals. Reserve Bank of Australia guided a gradual increase in rate if the economy maintains its growth pace close to its long term expectations. ANZ plans to sell 10% in Vietnam Bank as it seeks open wholly owned branches.

Tokyo Investors Await BoJ Decision Today

Darlington Musarurwa
16 Mar, 2010
New York City

Bank of Japan is scheduled to announce its rate decision and the direction of its bond purchase and direct lending programs. Sony Financial surged 14% after it tightened its portfolio guidelines. Honda Motor recalled 412,000 vehicles in the U.S.