123jump.com Staff
06 May, 2009
New York City
The financial services provider net quarterly revenues declined 62% to $3 billion. Net quarterly loss generated was $177 million. The company lost 57 cents a share versus earnings of $1.26 a year-ago quarter and reduced its quarterly dividend for common shareholders to 5 cents a share.
123jump.com Staff
05 May, 2009
New York City
The global payment processor first quarter revenue declined 2.2% to $1.2 billion and net income fell 18% to $360 million. Earnings per share were $2.80 as against $2.59 from a year ago quarter. Processed transactions grew 6% to 5.1 billion while number of cards issued increased 4% to 967 million.
123jump.com Staff
05 May, 2009
New York City
Specialty glass and ceramic maker first quarter net sales dropped 39% to $989 million and net income plummeted 86% to $14 million. Earnings per share were one cent versus 64 cents in the prior year quarter.
123jump.com Staff
05 May, 2009
New York City
UK stocks closed higher on a rally in banks and mining stocks. Higher commodities prices lifted stocks of miners and optimism about U.S. consumers and Chinese manufacturing industry contributed to the surge. The airport operator BAA reported five-fold increase in loss.
123jump.com Staff
05 May, 2009
New York City
U.S. stocks edged lower after rallying for days on the hopes that banks are adequately capitalized and economy is in the bottoming out process. European banks closed higher after UBS reported smaller than expected loss. Alcatel loss widened. Demag Cranes orders plunged.
123jump.com Staff
05 May, 2009
New York City
European stocks declined after rally in recent days ran out of steam. Banks increased after UBS reported smaller than expected loss. Adidas AG and Metro AG declined on weak earnings. German auto sales increased 14% in April.
Mayank Mehta
05 May, 2009
New York City
Legg Mason Inc led the decliners in the S&P 500 index of 18.7%. ATS Medical, Inc tops first quarter earnings per share by 2 cents. Chesapeake Energy Corporation posts first quarter $6 billion loss.
123jump.com Staff
05 May, 2009
New York City
U.S. stocks traded volatile as service industry index showed a smaller decline in April. Fed chairman in his prepared remarks focused on the fragile economic conditions. Legg Mason reported a larger loss compared to a year ago and D R Horton quarterly loss declined.
123jump.com Staff
05 May, 2009
New York City
Hong Kong gained on the back of a rise in optimism in the U.S. The benchmark index has recovered 45% from its lows of March 10 and continues to gain as investor sentiment rebound. Li & Fung declined 8% after it planned to raise $350 million from the controlling shareholder.
123jump.com Staff
05 May, 2009
New York City
Stocks in Mumbai trading were unchanged after a rally of 6.4%. DLF surged after it planned to raise capital and sell its non-core assets. Sobha Developers board approved capital increase and sell of the company to foreign institutional investors. Tata Motors reported a surge in Nano bookings.
123jump.com Staff
05 May, 2009
New York City
The online auctioneer quarterly revenue declined 8% to $2 billion caused by the impact of a stronger dollar and decline of the core marketplaces business. Net income decreased 22% to $357.1 million in the quarter. Earnings per share was 28 cents compared to 34 cents in the prior-year quarter.
123jump.com Staff
04 May, 2009
New York City
U.S. stocks surged as world markets rallied on optimism that the rise in Chinese manufacturing index may indicate world trade stabilization. Pending contracts for home resale also increased in the U.S. lifting indexes and financials. Banks surged led by a rally in Wells Fargo.
123jump.com Staff
04 May, 2009
New York City
European stocks closed higher led by a rise in steel and automakers, insurance companies and airlines. The worldwide rally was sparked by the latest read on manufacturing industry suggested expansion in manufacturing in China. ArcelorMittal and Thyssen Krupp surged.
123jump.com Staff
04 May, 2009
New York City
Stocks in Australia surged, despite a record fall in home prices in the first quarter ending in March. Jobs ads in newspapers and on the Internet dropped 7.5% in April and plunged nearly half from a year ago. Macquarie Group sold 20 million shares at A$27.00 a share and raised A$540 million.
123jump.com Staff
04 May, 2009
New York City
China region stocks surged after investors piled in stocks on better than expected manufacturing industry data. The weekend agreement among Asian nations to set up a reserve fund also bolstered stocks in the region. Commodities linked stocks rallied in Hong Kong and in Shanghai.
