123jump.com Staff
02 Apr, 2009
New York City
Australian trade surplus widens to A$2.1 billion in February. Exports of goods and services in the period gained 4% to A$24.9 billion. A sharp rise in Asian markets also contributed to the gains in Australian stocks. Qantas will icrease its ownership in its two Singapore base discount airlines.
123jump.com Staff
02 Apr, 2009
New York City
The video game and entertainment software retailer quarterly sales increased 21.9% to $3.5 billion on comparable store sales rise of 9.6%. Net earnings rose 22.4% to $232.3 million in the quarter. Earnings per share was $1.39 compared to $1.14 in the prior-year quarter.
123jump.com Staff
01 Apr, 2009
New York City
U.S. stocks closed up on the hopes that the housing market is indicating early signs of stabilization and banks will meet revised market-to-market asset rules. Investors overlooked weak job report. Business confidence in Japan plunged. European indexes closed higher. Daimler AG cuts 14% labor cost.
123jump.com Staff
01 Apr, 2009
New York City
Celgene Corporation led the decliners in the S&P 500 index with a loss of 14.1%. Apollo Group, Inc reports second quarterly profit 77 cents. Sealy Corporation first quarter net falls 71%. Worthington Industries, Inc third quarter profit plummets on lower volumes.
123jump.com Staff
01 Apr, 2009
New York City
Japan business confidence drops to record low in March quarter as managers see no immediate signs of clearing inventories and a rise in sales. Manufacturers in the monthly survey estimated more job cuts. Honda plans to cut production by 62,000 in North America. Stocks closed higher on weak yen.
123jump.com Staff
01 Apr, 2009
New York City
Australian dollar fell after retail sales decline 2% in February however Australian residential approvals rise 7.8% in February. China controlled Minmetals Group and Australian regulators are likely to agree for the sale of international assets of Oz Minerals Ltd. for $1.2 billion.
123jump.com Staff
01 Apr, 2009
New York City
The office-furniture maker quarterly sales declined 28% to $354 million. Net quarterly loss generated was $5.2 million on restructuring charges. The company lost 10 cents a share compared to earnings of 65 cents a year-ago quarter. Orders decreased 38% to $279 million in the quarter.
123jump.com Staff
31 Mar, 2009
New York City
U.S. stocks closed higher today but for the quarter declined sharply. The Dow and S&P 500 index declined more than 13% and 12% respectively and tech heavy Nasdaq Composite lost only 3%. European market indexes closed higher on a rise in banks. Unemployment in Japan and Germany rose.
123jump.com Staff
31 Mar, 2009
New York City
The open source software developer fourth quarter revenue grew 18% to $166.2 million riding on record software license sales while earnings dropped 27% to $16 million. Earnings per share were 8 cents against 10 cents in the year ago quarter.
123jump.com Staff
31 Mar, 2009
New York City
Tiffany''s sales for the fourth quarter dropped 20% to $841.2 million and net earnings plunged 75.6% to $31.1 million. Earnings per share were 25 cents compared with 96 cents last year. For the full year, net earnings dropped 26% to $1.74 per share.
123jump.com Staff
31 Mar, 2009
New York City
The athletic footwear and apparel maker quarterly revenues declined 2% to $4.4 billion. Net quarterly income dipped 47% to $243.8 million hurt by an impairment charge. Earnings per share fell to 50 cents from 92 cents in the year-ago quarter. Worldwide futures orders declined 10% to $6.5 billion.
123jump.com Staff
30 Mar, 2009
New York City
European market indexes declined sharply across the region. Automakers and banks led the decliners list on the worries that GM may be faced with the prospect of bankruptcy and Chrysler and Fiat must agree on terms of collaboration before the receipt of $6 billion bailout aid.
123jump.com Staff
30 Mar, 2009
New York City
U.S. stocks dropped after investors faced bankruptcy prospect at General Motors, more government aid to banks and sharp decline in earnings at the largest aluminum company in China. Metals and crude oil declined in New York, Europe and Asian trading. Markets in Europe and Japan dropped 4%.
123jump.com Staff
30 Mar, 2009
New York City
Lincoln National Corporation led the decliners in the S&P 500 index after it failed to qualify for federal assistance. General Motors declined after it forced out its chief and may seek bankruptcy court protection. Banks led the decliners in the sell-off.
123jump.com Staff
30 Mar, 2009
New York City
U.S. stocks declined on the worries that GM may not be able to avert bankruptcy. General Motors dropped 22%. Citigroup, Wells Fargo, Bank of America and Lincoln National fell sharply after Treasury Secretary suggested that banks will need more money from the government.
