ticker

China Lowers Exposure to U.S. Debt; Cnooc Deals

Mayank Mehta
15 Mar, 2010
New York City

China lowered its exposure to the U.S. bonds for the third month in a row in January but still retained the top holder of the U.S. government debt. CNOOC agreed to acquire a stake in Argentina based oil company for $3.1 with operations in Latin America.

Weak UK Pound; Talks of Debt Downgrade

Mayank Mehta
15 Mar, 2010
New York City

UK stocks closed lower on a weakness in copper and metal prices. Moody

India Inflation Flirts 20% Mark; Stocks Rest

Mayank Mehta
15 Mar, 2010
New York City

Wholesale inflation hovered at 16

World Markets Focus on U.S. Financial Reforms

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

U.S. financial stocks gyrated after investors digested banking industry overhaul and provide additional authority to the Federal Reserve to breakup banks that are deemed to be to system risk. Federal Reserve is scheduled to announce its rate outlook tomorrow.

Weakness in Euro Drives Indexes Lower in Europe

Mayank Mehta
15 Mar, 2010
New York City

The euro continued to trade weak ahead of finance ministers meeting today. Phillip-Van Heusen Corp agreed to acquire Tommy Hilfiger for

Google, Boston Scientific Drop; Baidu Rises

Mayank Mehta
15 Mar, 2010
New York City

Google Inc declined 4% on a growing speculation that it may shut down its Chinese language search engine. Baidu Inc surged 6%. Boston Scientific dropped 14% after the company recalled certain defibrillators. Consol Energy Inc agreed to acquire coal and energy portfolio of Dominion Resources.

Industrial Production Up; $7.5 Billion of Deals

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

U.S. stocks traded lower and the dollar gained. Federal Reserve is scheduled to signal its rate outlook tomorrow. Inflation in China, India hovered near 16-month high as commodities investors fear tighter banking regulations in two fast growing economies. Deals of $7.5 billion were announced today.

Iron Ore Price Increase Estimate Revised Higher

Darlington Musarurwa
15 Mar, 2010
New York City

Stocks in Australia declined fractionally tracking losses in commodities markets. Analysts lifted their estimate of iron ore prices in the current year to more than 60% increase as Chinese steelmakers seek a government intervention in price negotiations.

Shipper Rise in Tokyo; Indexes Flat

Darlington Musarurwa
15 Mar, 2010
New York City

Japan

Dress Barn Q2 Earnings Call Transcript

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

The women

Teekay Corporation Q4 Earnings Call Transcript

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

Teekay Corporation fourth quarter net revenue declined 26.6% to $448.9 million. Net loss for the quarter was $33.3 million or $0.45 per share as against net profit of $53.2 million or $0.73 per share in the same quarter in the prior year.

Advance Auto Q4 2009 Earnings Call Transcript

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

Sales fell 4% to $1.14 billion & net income rose 41% to $34.5 million or 36 cents a share. Gross profit rate increased 78 basis points versus the fourth quarter last year. This increase was on top of 140 basis point increase during the same comparable period last year. comp store sales increased 3%.

Australians Charge Less on Cards

Darlington Musarurwa
12 Mar, 2010
New York City

Australia

U.S. Stocks Meander; Dollar Slides

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

U.S. stocks struggled after consumer sentiment waned and investors faced full valuations. An increase in February Retail sales offered another data point for economic recovery. The dollar edged lower against the euro. Lehman investigation puts JP Morgan Chase, Citigroup and former chief at fault.

Property Stocks Active in China; Air China Down

Mayank Mehta
12 Mar, 2010
New York City

The benchmark indexes in Shanghai and Hong Kong declined. Air China fell after it plans to raise more capital in a stock offering to repay debt. Property developers in Shanghai fell on the worries that tighter regulations may hamper future land sales. But, developers in Hong Kong edged higher.

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