123jump.com Staff
03 Aug, 2009
New York City
Global markets surged after manufacturing expanded in China, auto sales increased in France and India and construction spending edged higher in the U.S. Earnings in Europe lift indexes. Copper up 4% and natural gas surged 9%. Dollar declined. S&P 500 index above 1000 and Nasdaq cross 2000.
123jump.com Staff
03 Aug, 2009
New York City
Chinese stocks surged ahead on the release of two separate manufacturing reports. The reports indicated that manufacturing sector is expanding and export linked activities are recovering. China Vanke first half profit increased 22%. China Everbright filed to raise $1.6 billion.
123jump.com Staff
03 Aug, 2009
New York City
Commodities and energy related stocks in Europe gained on the expectations of lower dollar and rising prices. Banks in Europe edged higher. Rhodia and Linde surged on earnings. French auto sales increase lifted Peugeot and Renault.
Mayank Mehta
03 Aug, 2009
New York City
Stocks in London closed higher after Barclays and HSBC reported profit in the first half. Celsis receives 232.5 pence cash offer. Sport Media Group surges on higher earnings estimate and an increase in circulation. Ultra Electronics lifts sales and profit estimate.
Mayank Mehta
03 Aug, 2009
New York City
Ford Motor Company led gainers in the S&P 500 index with a rise of 9.8% after auto sales increased. Barnes Group Inc second quarter net falls to $10.4 million but Humana second quarter profit rises. Tyson Foods beats earnings estimate on rising volume.
123jump.com Staff
03 Aug, 2009
New York City
Oil field services provider Schlumberger quarterly revenue dipped 18% to $5.53 billion. Net income plunged 56.8% to $615 million mainly due to North American performance and severance charges. Earnings per share were 51 cents down from $1.16 in the year-ago quarter.
123jump.com Staff
03 Aug, 2009
New York City
The chip maker quarterly revenue dipped marginally to $2.75 billion and profit declined 1.5% to $737 million despite strong royalty and licensing revenue. Earnings per share were 44 cents against 45 cents a year ago. Full year revenue is expected to be around $10.25 billion.
123jump.com Staff
03 Aug, 2009
New York City
Japan auto sales decreased 4.2% in July and Toyota sales fell 3%. Mitsubishi rise in earnings lifted banks and realty stocks. Itochu and Casio reported weak results. Suzuki earnings fell on weak sales.
Mayank Mehta
03 Aug, 2009
New York City
The Sensex index gained 1.6% and closed at a record high in fourteen months. Bajaj Auto soars after it increased motorcycle production by 25%. Bharti Airtel and MTN extended merger talks. Maruti Suzuki jumped after July auto sales surged 33%. Exports from India drop 28%.
Mukesh Buch
31 Jul, 2009
New York City
World markets edged higher in July after earnings drove indexes higher in China, India, Brazil, U.S., Canada and UK. The Nasdaq led U.S. indexes with a rise of 44% for the year and 8% in the month. Dun & Bradstreet fell 13% in trading after it lowered its earnings outlook.
123jump.com Staff
31 Jul, 2009
New York City
Stocks in Japan in weak trading advanced for the week and for the fifth month in a row. Mitsui Fudosan, the largest Japanese real estate operator earnings surged lifting stocks in the sector. Unemployment in June increased to six-year high and consumer price index declined in the month.
Mukesh Buch
31 Jul, 2009
New York City
Energy companies and airlines declined in European trading. Michelin gained after earnings results were better than expected. The comments from Deutsche Bank chief dragged market indexes lower. Eni SpA sales fell 24.2% and net profit fell 59.5%. Total S.A. sales fell 35% and net profit fell 54%.
123jump.com Staff
31 Jul, 2009
New York City
The economy contraction in the second quarter slowed to an annual rate of 1% after falling at 6.4% in the first quarter and 5.4% in the fourth quarter of last year. The smaller decline in GDP reflected a rise in government spending and smaller decline in fixed investments and private inventories.
Mayank Mehta
31 Jul, 2009
New York City
UK stocks edged higher on a rise in pound. Energy companies declined after Royal Dutch and Eni reported a decline in earnings and revenues. British Airways increased after it reported wider loss but sounded optimistic outlook for the second half. United Business Media surged on dividend hike.
Mayank Mehta
31 Jul, 2009
New York City
The Dun & Bradstreet dropped 14% after it lowered annual earnings outlook. Dolby Laboratories third quarter results exceed estimates. ITT led the gainers after it posted profit and lifted annual earnings outlook to as high as $3.70 a share. First Solar plunged after earnings.
