Market Update

U.S. Movers: Green Mountain Roasters, OYO Geospace, Vail Resorts

Mukesh Buch
10 Dec, 2010
New York City

Brown-Forman second quarter net sales increased 1.4%. E. I. du Pont estimated higher sales but earnings trailed estimates. Ferrellgas first quarter net sales increased 14%. Vail Resorts first quarter net sales soar.

UK Home Prices Rise; Flybe IPO

Arthi Gupta
10 Dec, 2010
New York City

The UK indexes traded mixed after home prices rose in November. Various home price indexes have shown a diverging picture in the UK real estate market. Irish manufacturing output growth slackened. Flybe Group PLC began trading in London and raised

Copart Q1 Earnings Call Transcript

123jump.com Staff
10 Dec, 2010
New York City

The junk car auctioneer total service revenues and vehicle sales for the quarter rose 14.7% to $212.7 million. Net quarterly profit increased 7% to $37.8 million. Earnings grew to 45 cents per share from 42 cents per share for the year-ago quarter.

European Current Account Deficit Widens; German Inflation Up

Arthi Gupta
10 Dec, 2010
New York City

The European indexes traded sideways after German inflation rose in November and French manufacturing slumped in October. Hungarian inflation remained flat in November and Swedish industrial production rose less than anticipated in October.

U.S. Stocks Higher; Trade Deficit Narrows

Arthi Gupta
11 Dec, 2010
New York City

U.S. stocks gained after U.S. trade deficit contracted in October but export prices surged in November. Beckman Coulter contemplated sale on buyout offers. Sinopec agreed to acquire Occidental Petroleum''''''''s Argentinean assets for $2.45 billion.

India Movers: Apollo Hospitals, Axis Bank, Century Enka, ACC

Mukesh Buch
10 Dec, 2010
New York City

Apollo Hospitals is looking to raise as much as $200 million. Bulk trading lifted ACC Limited, Century Enka Limited and Tata Elxis Ltd. Nagarjun Construction soared after it won several orders. Kalpataru Power Transmission Limited won $150 million of orders.

Sensex in India Rebounds 1% on Industrial Production Surge of 10.8%

Chandrasekhar Atreya
10 Dec, 2010
New York City

Stocks in Mumbai gained more than 1% after industrial production surged 10.8% in October following a 4.4% increase in September. Canada

China Trade Surplus Soars; Stocks Gain

Chandrasekhar Atreya
10 Dec, 2010
New York City

China key stock index gains in trade to reverse most of the losses in the week. Trade surplus in the month rose to $22.9 billion and exports soared 35%. China freezes coal prices at current levels to arrest inflation.

Sixth Weekly Gain in Nikkei Index; Machine Tools Orders Surge

Chandrasekhar Atreya
10 Dec, 2010
New York City

The Nikkei index in Tokyo declined from the seven-month high but closed higher for the sixth week in a row. Economy in the quarter to September expanded at a faster rate of 4.5%. Pola Orbis struggled on the first day of trading. Machine tool orders double in November.

Australian Unemployment at 5.2%; Natives Win Land Rights

Chandrasekhar Atreya
10 Dec, 2010
New York City

Sydney indexes edged higher after China reported a surge in exports and Australia

Mixed Trading in U.S., Europe; AIG Soars 11%

Bikram Pandey
09 Dec, 2010
New York City

U.S. and European closed mixed and U.S. bonds gained. AIG surged after the U.S. Treasury official asserted that the government is looking to sell its 92% stake as soon as practicable. AIG soared 11%. U.S. wholesale sales in October surged 13.4% and weekly jobless claims are trending lower.

Teekay Q3 Earnings Call Transcript

123jump.com Staff
09 Dec, 2010
New York City

The provider of international crude oil and petroleum product transportation services reported net quarterly revenues fell 5% to $408.4 million. Net quarterly loss widened 31% to $186.0 million or $2.55 per share, compared to a net loss of $142.2 million or $1.96 per share in the year-ago quarter.

UK Rates on Hold; DS Smith Up 7%

Arthi Gupta
09 Dec, 2010
New York City

The UK indexes climbed after the Bank of England retained quantitative easing program at

U.S. Movers: Ciena, Diamond Foods, Gerber Scientific, Lululemon

Mukesh Buch
09 Dec, 2010
New York City

Diamond Foods first quarter net sales grew 40% to $252.5 million. Greif, fourth quarter net sales increased 31% to $993.9 million. Lululemon said third quarter net revenue rose 56% to $175.8 million. SAIC, third quarter revenue rose 3.8% to $2.87 billion.

European Indexes Higher; German Factory Sales Soar

Arthi Gupta
09 Dec, 2010
New York City

The European indexes rose after German factory turnover surged. French payroll employment rose in the third quarter. Portugal GDP expanded but Greek economy contracted in the third quarter. ASML Holding soared on fourth quarter bookings forecast.