123jump.com Staff
26 Jan, 2010
New York City
Apple Inc in the after-hours trading edged higher after it reported quarterly earnings of $3.38 billion or $3.67 a share and sales increase of 32% to $15.7 billion.
123jump.com Staff
25 Jan, 2010
New York City
Stocks closed higher in New York after a three-day sell-off. Home sales declined more than estimated in December but increase in 2009, first time in four years. European markets fell more than 1%. Commodoties edged lower and the dollar hovered near its recent highs.
Mayank Mehta
25 Jan, 2010
New York City
European market indexes closed lower more than 1%, however Athens benchmark index surged. Greek government auction of
Mayank Mehta
25 Jan, 2010
New York City
UK benchmark indexes declined more than 1% before recovering after the release of weaker than expected home sales data in the U.S. Broker recommendations led Man Group Plc, Johnson Matthey and Reed Elsevier lower. Resource stocks led the decliners.
Mayank Mehta
25 Jan, 2010
New York City
AK Steel Holding Corporation led gainers in the S&P 500 index with a rise of 7.7%. Sealed Air''s adjusted net income hits target. Eaton Corp. fourth quarter net up 29.4% and sales off 10%. CNH Global net drops 75%.
123jump.com Staff
25 Jan, 2010
New York City
The oilfield services provider quarterly revenue declined 16% to $5.74 billion. Net quarterly income slumped 31% to $795 million reflecting a downswing in the Oilfield Services and WesternGeco revenues. Earnings per share dipped to 65 cents from 95 cents a year-ago quarter.
123jump.com Staff
25 Jan, 2010
New York City
December home sales declined 16.7% from a year ago to 5.45 million. Sales in 2009 increased for the first time since 2005. Housing inventory at the end of the month was at 7.2-month supply.
123jump.com Staff
25 Jan, 2010
New York City
Revenues fell 0.3% to $6.49 billion & net income rose 198% to $716 million or 60 cents a share. Write-offs in the fourth quarter were 7.5%, in October it was 7.8%; November it was 7.6% and December it was 7.1% so an improving trend. The forecast is for unemployment to stay at relatively high levels.
123jump.com Staff
25 Jan, 2010
New York City
Revenues rose 4% to $2.72 billion & net income rose 275.6% to $241.5 million or 32 cents a share. Consolidated operating margin was 13.0% on a GAAP basis and 13.6% on a non-GAAP basis. Consolidated operating income of $353 million in the first quarter including $18 million of restructuing chagres.
123jump.com Staff
25 Jan, 2010
New York City
Stocks in early trading in New York rebounded on the hopes that the Fed Chairman Bernanke will be reappointed after more Senators express their support and confidence for the nomination. Ericsson AB net plunges. Philips Electronics surged on the fourth quarterly profit in a row.
123jump.com Staff
24 Jan, 2010
New York City
The surgical robotics company reported quarterly revenue soared 40% to $323 million. Net quarterly income surged 53% to $78 million driven by the growth in instruments and accessories revenue from da Vinci surgical system sales. Earnings per share rose to $1.95 from $1.27 a year-ago quarter.
123jump.com Staff
22 Jan, 2010
New York City
Investors fear banks may face uncertain future as lawmakers prepare to draft more regulation for the industry. Fed Chairman Bernanke nomination faces growing opposition as voters blame his policies of the past contributing to the housing market and economic malaise.
Mayank Mehta
22 Jan, 2010
New York City
Stocks in Shanghai and in Hong Kong fell for the week. Resource stocks declined after commodities prices fell on the worries that tighter lending will slow construction industry in the mainland. Chalco 2009 revenue nears $21 billion. Sands China Ltd starts the road show to raise $1.75 billion.
Darlington Musarurwa
22 Jan, 2010
New York City
Australian stocks closed sharply lower on the worries that mining companies may be asked to pay more taxes on future projects. The leaked report raised new uncertainties on the taxation regime. Lower world prices of metals and energy also weighed on the market sentiment.
Darlington Musarurwa
22 Jan, 2010
New York City
Japan supermarket sales fall 5% to 1.2 trillion yen in December and annual sales declined for the thirteenth year in a row. Toyota Motor Corp. recalls 2.3 million cars to fix sudden acceleration.
