123jump.com Staff
14 Apr, 2009
New York City
UK stocks dropped as much as 1.1% and pound strengthened on a steady fall in interbank loans. Mining companies rose after copper prices increased. Poland the second nation after Mexico is seeking IMF assistance to support its currency.
123jump.com Staff
14 Apr, 2009
New York City
Australian stocks gained as commodities and gold prices edged higher. Australian business lending falls 14.7% to A$25 billion in February but business confidence increase in March. Qantas slashes its earnings estimate for the fiscal year to as low as A$100 million.
Mayank Mehta
14 Apr, 2009
New York City
Huntington Bancshares Incorporated led gainers in the S&P 500 index with a rise of 16.0%. Bank of the Ozarks first quarter profit surges on higher net interest income. Fastenal Company posts lower first quarter profit and the retailer the Talbots, Inc posts fourth quarter net loss.
123jump.com Staff
14 Apr, 2009
New York City
Retail sales in March declined 1.1% and producer prices also edged lower. Weak sales in all retail segments expect grocery sales dragged the sales in the month. February sales were revised to an increase of 0.3% from a decline of 0.1% and January sales were revised higher to 1.9% from 1.8%.
123jump.com Staff
14 Apr, 2009
New York City
The payment processing company reported quarterly revenues grew 26% to $392.7 million. Net quarterly loss generated was $106.8 million. The company lost $1.34 a share compared to earnings of 50 cents a year-ago quarter and incurred a non-cash impairment charge of $148 million in the quarter.
123jump.com Staff
13 Apr, 2009
New York City
U.S. stocks edged lower ahead of earnings from banks. Goldman Sachs after the close reported better than expected earnings. The Indian GDP in the quarter ending in December grew at 5.3%, a sharp fall from 8.9% from the quarter a year ago.European markets were closed.
123jump.com Staff
13 Apr, 2009
New York City
Tech Mahindra won the bidding process for fourth largest software services exporter Satyam. The four months saga of Satyam started after its chairman and founded admitted of inflating cash balance to $1 billion and financial statements for years. Tech Mahindra offered 58 rupees a share.
123jump.com Staff
13 Apr, 2009
New York City
Express Script acquires NextRx from WellPoint, Inc for $4.6 billion for cash and stock. The deal expected to close by the end of the year will also benefit from a 10-year deal with WellPoint and tax advantages. The company will add 25 million members for pharmacy plans.
Mayank Mehta
13 Apr, 2009
New York City
Genworth Financial, Inc led the decliners in the S&P 500 index with a loss of 29.0%. The Boeing Company adjusted its production target for 2010 and earnings outlook for the first quarter. Genworth Financial, Inc plunges on failure to qualify for US Treasury aid.
123jump.com Staff
13 Apr, 2009
New York City
The homebuilder first quarter revenue slid 61% to $307.4 million. Net loss fell 78.3% to $58.1 million and earnings per share were loss of 75 cents against a loss of $3.47 a share in the year ago quarter. The company ended the quarter with $1.1 billion in cash.
123jump.com Staff
13 Apr, 2009
New York City
U.S. stocks traded lower after rising for weeks. Ahead of bank earnings this week investors appeared cautious. Genworth plunged 24% after it was denied access to Treasury funds. Express Script agreed to acquire pharmacy benefit business from WellPoint for $4.7 billion. Boeing lowered its earnings.
123jump.com Staff
13 Apr, 2009
New York City
The beverages maker quarterly net sales decreased 0.9% to $1.38 billion. Net loss was $621 million on a $696 million goodwill write-down. The company lost $2.44 a share compared to earnings of 54 cents a year-ago quarter and estimates net sales to decline 2% to 4% for fiscal 2009.
123jump.com Staff
11 Apr, 2009
New York City
The payroll solutions provider total quarterly revenue decreased 1% to $528.6 million. Net income declined 8% to $130.8 million in the quarter. Earnings per share fell to 36 cents from 39 cents a year-ago quarter. Checks per client declined 4.3% during the quarter.
123jump.com Staff
11 Apr, 2009
New York City
Ruby Tuesday third quarter revenue decreased by 9.6% to $317.5 million with same-restaurant sales decreasing by 6.8%. Net income plunged 59% to $4.8 million. Earnings per share were 9 cents against 23 cents in the prior year quarter.
123jump.com Staff
11 Apr, 2009
New York City
CKE fourth quarter net income shot up to $2.6 million from $100000 and earnings per share were 5 cents as against zero in the prior year quarter. Income for the year from continuing operations increased by 5.4% to $37 million.
