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Corning Q3 Earnings Call Transcript

123jump.com Staff
23 Nov, 2010
New York City

The specialty glass and ceramics products maker quarterly net sales rose 8% to $1.60 billion. Net income in the quarter grew 22% to $785 million. Earnings rose to 50 cents per diluted share from 41 cents per share a year-ago quarter.

UK Mortgage Approvals Fall to 19-Month Low; Indexes Slide

Arthi Gupta
23 Nov, 2010
New York City

The UK indexes slid on escalating tensions between North and South Korea and ongoing worries revolving around Ireland, Greece and Portugal. Traders focused on the bailout package for Ireland and on fears on a contagion in the euro region. The UK mortgage approvals declined in October.

European Indexes Slump; Greece Attracts

Arthi Gupta
23 Nov, 2010
New York City

The European indexes fell on rising tensions between the Koreas and speculation of contagion fears in the region. Euro area consumer confidence and PMI rose in November. German economy expanded in the third quarter. French business confidence waned but private sector growth increased in November.

U.S., World Stocks Fall on Korean Tension; GDP Revised Up 2.5%

Arthi Gupta
23 Nov, 2010
New York City

U.S. stocks traded lower following firing incidences in Korean Peninsula. U.S. GDP revised higher 2.5% in the third quarter. Potash One agreed to a takeover by Germany based K+S for C$434 million. Scotiabank agreed to acquire DundeeWealth.

Sydney Drops; NBN and Telstra in Focus

Chandrasekhar Atreya
24 Nov, 2010
New York City

Australian shares closed marginally lower, despite negative sentiments from U.S. and Korea. Lynas Corp and Sojitz Corp of Japan sign a 10-year deal for supply of 90,000 tons of rare earth to Japan. Melbourne residential prices lead Australian home prices for nine months in a row since March.

Nikkei Drops; Sojitz and Lynas in Rare Earth Deal

Chandrasekhar Atreya
24 Nov, 2010
New York City

Tokyo stocks held steady despite mounting tensions in the Korean peninsula. Australia based Lynas Corp signs a 10-year deal to supply rare earths through Sojitz Corp. Japan promises support to South Korea and threatens North Korea with sanctions. October department stores sales rise after 32 months.

Shanghai Gains 1%; Rare Earth October Export Drops 77%

Chandrasekhar Atreya
24 Nov, 2010
New York City

Stocks in Shanghai gained for the day led by resource companies and financial brokers. China and Russia decide to use local currencies for bilateral trade settlements. Export of rare earth drops 77% in October from a month earlier. China bans hoarding of essential items.

Panera Bread Q3 Earnings Call Transcript

123jump.com Staff
22 Nov, 2010
New York City

The retail bakery-cafes operator total quarterly revenue grew 11% to $371.99 million. Net income in the quarter rose 21% to $23 million, helped mainly by higher revenues and improved profit margins. Earnings per diluted share increased to 75 cents from 61 cents per diluted share last year.

Sydney Drops 1%; QR National IPO Struggles

Chandrasekhar Atreya
23 Nov, 2010
New York City

Australian shares dropped more than 1% after uncertainty over fiscal policy in China and EU sovereign debt dampened investor sentiment. Metcash pledges to pursue its takeover of Franklins despite regulator resistance. QR National struggles on the first day of trading.

Nikkei Gains 1%; Convenience Stores Sales Drop 6%

Chandrasekhar Atreya
23 Nov, 2010
New York City

Tokyo stocks traded in a narrow range and gained nearly 1%. Diet postpones voting on supplementary budget. Creditors approve the bailout plan for JAL. Outstanding consumer loans drop 47% in September as lending rules tighten. Sales at convenience stores drop 6% in October.

FTSE Drops 1.1%; Rolls-Royce, Pearson Deals

Arthi Gupta
22 Nov, 2010
New York City

The UK indexes traded lower after Ireland accepted an international bailout with the

European Indexes Lower; Swiss Money Supply Growth Eases

Arthi Gupta
22 Nov, 2010
New York City

European stocks slid after Ireland sought financial help from the EU and the IMF. French economic indicator rose in September. Swiss M3 money supply growth eased in October. Danish consumer confidence rose in November. Bulgaria''s unemployment rate fell in the third quarter.

Shanghai Drops 2%; New Homes Sales Jump 35%

Chandrasekhar Atreya
23 Nov, 2010
New York City

Stocks in China region drop on inflation worries and bank reserve ratio hike. The 5-week decline in sale of new homes in Shanghai is halted with a gain of 35% in the last week. Shanghai

U.S. Indexes Fall on Irish Bailout Package

Arthi Gupta
22 Nov, 2010
New York City

U.S. stocks declined after Ireland agreed to the EU-IMF rescue package. U.S. economic growth forecasted to be sluggish in 2011. Energy XXI agreed to acquire some oil fields from Exxon affiliates for $1 billion. Broadcom agreed to buy Gigle Networks for $75 million.

FTSE Declines 1.1%; Vedanta Raises $6 B

Arthi Gupta
19 Nov, 2010
New York City

The UK indexes fell after China inflation worries dragged commodities lower and Ireland moved closer to accept a bailout package. The UK construction sentiment declined in the third quarter. Vedanta raised $6 billion for Cairn India deal. Accenture agreed to buy Germany''s CAS Computer.

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