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Greenspan Warns of Inflation

Arthi Gupta, Mayank Mehta and Sanjay Barot
18 Jun, 2010
New York City

U.S. stocks trade sideways as global markets retain positive bias. Private equity fund controlled by KKR agrees to buy Japanese recruitment firm Intelligence for $356 million.

PanAust Finds Gold; Sydney Stocks Up

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

Stocks in Australia rallied after a bond sale by Spain eased concerns about Europe

Stricter Consumer Lending in Japan

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

Stocks in Japan fell after stricter loan rules came into effect from today. The ruling party of Japan releases its election manifesto. Minutes of the meeting held by Bank of Japan on May 20 noted European markets instability.

HK Stocks in 8-Day Rally

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

Hong Kong stocks continued its rally to the eighth day after a Spanish bond sale ease concerns about Euro-zone debt crisis. World Bank releases its quarterly report on China. Strike extends to a parts plant of Toyota in China. China Vanke says no change in development plans.

Sensex Gyrates; Reliance in Focus

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

Stocks in Mumbai fluctuated and traded marginally lower. Cognizant acquires Galileo Performance. Ahluwalia Contracts India receives 11 new projects worth $110 million. Brigade Enterprises surges on fund raising plan.

U.S. Stocks Struggle; Commodities Weak

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
17 Jun, 2010
New York City

U.S. stocks and commodities closed lower after unemployment data and regional manufacturing index read. Copper and oil traded lower but gold surged to near record high. Spain completed bond offering that eased market jitters in Europe. BP Plc rallied nearly 7%.

Bed Bath, Pulte Fall; Smucker Gains

Mayank Mehta
17 Jun, 2010
New York City

Bed Bath & Beyond Inc. led the decliners in the S&P 500 index with a loss of 5.6%. Kroger net income dips 14%. J.M. Smucker Co. net income rises 28%.

UK Retail Sales Rise; BP in Focus

Arthi Gupta, Mayank Mehta and Sanjay Barot
17 Jun, 2010
New York City

The UK indexes traded sideways on disappointing U.S. economic data. BP Plc announces the suspension of its 2010 dividend and set up a $20 billion compensation fund for liabilities attributed to the Gulf oil spill. The company faces additional liabilities from criminal charges and repairs.

7-Day Rally in HK Stocks; Shanghai Falls

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
17 Jun, 2010
New York City

Stocks in Hong Kong closed higher for the seventh day in a row and closed lower in Shanghai. Henderson Land Development in Hong Kong booked a loss after 20 apartment sales were cancelled. Sino Biopharmaceutical plans to raise $79 million.

Leighton Wins Indonesia Contract

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
17 Jun, 2010
New York City

Australian banks are accessing cheaper debt by selling covered bonds in New Zealand. Liberia reveals BHP ore spending plans. Amadeus Energy Ltd announces commencement of exploration in Texas. Leighton wins A$1.1 billion contract in Indonesia.

Japanese Companies, Banks Hoard Cash

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
17 Jun, 2010
New York City

Stocks in Japan declined halting five days of rally after a report showed that U.S. housing starts dropped in May. A report by Bank of Japan noted that Japanese companies held back record amounts in cash and deposits.

Spain Raises

Arthi Gupta, Mayank Mehta and Sanjay Barot
17 Jun, 2010
New York City

European markets rise after Spain raised

7-day Rally in India; Tax Collection Rises

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
17 Jun, 2010
New York City

Stocks in Mumbai traded higher for the seventh day in a row. The latest read on wholesale inflation showed a decline. Advanced corporate tax collection for the first quarter increased 18% from a year ago.

U.S. Inflation Index Falls, Jobless Claims Rise

Arthi Gupta, Mayank Mehta and Sanjay Barot
17 Jun, 2010
New York City

U.S. stocks trade sideways after inflation index declined 0.2% in May and weekly jobless claims increased 12,000. BP Plc agrees to set up a $20 billion compensation fund for liabilities attributed to the Gulf oil spill. BP may face additional expenses to fix the leak and may face criminal penalties.

Union Pacific Q1 2010 Earnings Call Transcript

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

Revenues rose 17.6% to $4 billion and net income rose 42.5% to $516 million or $1.01 a share.Operating income totalled $988 million, a first quarter record, and a gain of 47%. Business volumes increased 13% in the first quarter, operating expenses only increased 2%.

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