123jump.com Staff
19 Apr, 2010
New York City
U.S. and world stocks traded lower after the regulators in the UK and Germany and may seek information after the SEC alleged mortgage fraud. Citigroup Inc rose after it swung to net income in the first quarter on lower loan losses. Commodities declined.
123jump.com Staff
19 Apr, 2010
New York City
Revenues fell 22% to $48.5 million and net loss of $22.4 million or $2.11 a share. Gross margin was 23% in the fourth quarter of 2009, compared to 24.6% in fourth quarter of 2008. For the full-year 2009, gross margin increased 5.7 percentage points to 23.9% from 23.2% in 2008.
Mayank Mehta
16 Apr, 2010
New York City
Australian stocks closed lower tracking losses in commodities. Chief executive officer of Sigma Pharmaceuticals Limited resigned and the stock fell 8%. Macarthur Coal Ltd surged 8% on the hopes that Peabody Energy will revised the bid.
123jump.com Staff
16 Apr, 2010
New York City
U.S. stocks turned lower and dragged European and South American markets after the SEC accused Goldman Sachs of fraud and said investors lost $1 billion. Goldman dropped as much 16%. Gold declined sharply. Stocks in the early trading rose after home starts and permits increased in March.
Mayank Mehta
16 Apr, 2010
New York City
Stocks in Japan declined after investors worried additional measures to curb home mortgages in China will curtail exports of machinery. Bond yields on Japan five-year and ten-year bonds fell after the auction of 2.4 trillion yen drew the most interest from investors in five years.
Mayank Mehta
16 Apr, 2010
New York City
UK stocks declined on the weakness in commodities prices. Airlines are bracing for $1 billion in lost revenues after the closure of northern European airports for the second day. Hargreaves Lansdown plc the fund manager assets under management increased 13%.
Mayank Mehta
16 Apr, 2010
New York City
Stocks in Mumbai closed lower ahead of interest rate decision next week. Foreign investors increase their exposure to India stocks to $78.2 billion. Reliance Industries takes a stake in Deccan Cargo. Goenka Diamond & Jewels drops 20% on the first day of trading. Kamat Hotels trades at one-year high.
Mayank Mehta
16 Apr, 2010
New York City
Greek bond yields rose to pre-bailout level as the EU finance ministers meet to set bailout loan conditions in Madrid. Airlines are expected to los one billion dollars as volcanic ash disrupt air travel in Northern Europe. Carrefour sales climb 5.5% as market in France improves.
123jump.com Staff
16 Apr, 2010
New York City
Google quarterly sales increased 23% and net surged 41%. Advanced Micro Devices, Inc quarter profit rose 33%. Christopher & Banks Corp comparable same-store sales decreased 4%. Genuine Parts earnings per share rose 13%. General Electric profit declined nearly a third.
123jump.com Staff
16 Apr, 2010
New York City
Stocks in early trading in New York gained after housing permits and starts surged in March. Housing permits increased 7.5%, starts gained 1.6% but completions declined 3.1% in the month. Google quarterly sales rise 23% and net soars 41%.
123jump.com Staff
16 Apr, 2010
New York City
Sales rose 1.7% to $396.0 million & net income was $34.5 million or 30 cents a share. The increase in sales improved merchandise margins & controlled expenses resulted in operating income for the quarter of $36 million a $63 million improvement over the $27 million operating loss reported last year.
Mayank Mehta
15 Apr, 2010
New York City
The GDP expanded at 11.9% in the first quarter ending in March and inflation in the month was 2.4%. The second double digit expansion in a row prompted the government to tighten mortgage lending on some home purchases. Talks of higher interest rates gained momentum after the GDP data.
123jump.com Staff
15 Apr, 2010
New York City
Australian stocks closed higher tracking gains in the U.S. however the gains were limited after inflation expectations rose in April. Macarthur Coal rejects revised bid from New Hope citing lower cash component. Bank of Queensland Limited said first half net nearly doubled.
Darlington Musarurwa
15 Apr, 2010
New York City
Stocks in Tokyo closed higher after the Bank of Japan noted in the regional survey that economic activities are picking across all regions but at different pace. Japan lowered industrial production downwards. Banks closed higher in trading ahead of earnings.
Mayank Mehta
15 Apr, 2010
New York City
UK stocks closed reached to the levels last seen in two years as commodities advance and consumer sentiment decline. Experian Plc declined after it reported lower revenue growth in the second half. Dana Petroleum finds more gas.
