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Nikkei Gains; Toyota Recall Expands

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
05 Jul, 2010
New York City

Stocks in Japan traded higher after loan restrictions were eased in an Osaka Prefecture. Toyota starts recalling certain luxury car models in Japan to fix engine problem. Daiwa Securities agreed to buy the convertible bond and Asia derivative business from KBC Grope NV.

Nikkei Drops 5.5% in the Week

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
02 Jul, 2010
New York City

Stocks in Japan closed higher but for the week declined 5.5%. The benchmark index Nikkei is hovering near 19-year low. Toyota recalled Lexus cars sold in Japan to rectify defective valve. Japanese U.S. auto sales increase lagged Korean makers in June.

Stocks in Japan Decline for Seventh Day

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
01 Jul, 2010
New York City

The decline in stocks continued for a week in Japan and Asia as investors question the health of global economy. Slowing manufacturing in China was the latest addition to these worries. However, Bank of Japan

Foreign Fund Flows to India

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
09 Jul, 2010
New York City

The benchmark index in Mumbai closed at a three week high on better than expected earnings and positive comments on telecom stocks. Reliance Power completed financing for its 4,000 MW project in Andhra Pradesh. HCL Infosystems buys 60% in NTS Group for about $6.5 million.

Sensex Surges in Earnings Outlook

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
08 Jul, 2010
New York City

Mumbai stocks surged on the time arrival of monsoon rains and rising earnings expectations. The IMF lifted global economic outlook. Private estimates expect economic growth in India to increase to 8.5% from 7.4% in the previous year.

Sensex Declines; $3 B Delhi Terminal

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
07 Jul, 2010
New York City

Stocks in Mumbai fell the most in four days led by ICICI Bank. NMDC plans to build a new pipeline for iron ore in Chattisgarh. Reliance calls for contractors to explore for onshore oil and coal bed methane. Bharti promises $600 million telecom investment in Nigeria.

Unilever Q1 2010 Earnings Call Transcript

123jump.com Staff
03 Jul, 2010
New York City

Sales rose 6.3% to $10.1 billion an net income rose 33% to $973 million or 34 cents a share. Underlying volume growth for the quarter accelerated to 7.6%. Gross margin was up by 240 basis points. Underlying operating margin This improved by 60 basis points.

Sensex Gains 1%; Widespread Rains in India

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
06 Jul, 2010
New York City

Stocks in Mumbai rallied 1% after monsoons rains spread to the rest of India. Cairn India crosses 100,000 barrel per day production mark in Mangala oilfield. MTNL rises on demand for reimbursement of spectrum fee. Ashok Leyland lifts truck sales guidance.

India Lifts Rates; Reliance Power, RNRL Merger

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
05 Jul, 2010
New York City

Stocks in Mumbai traded lower after the central bank lifted the key interest rate on Friday. Service industry index rises to a two-year high in June. Reliance Natural Resources merges with Reliance Power. Hindustan Media Ventures IPO opens for subscription.

Sensex Slips; RCom Acquires Digicable

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
02 Jul, 2010
New York City

Stocks in Mumbai traded lower. Reliance Communication acquires Digicable in all stock deal. Reliance Power gains after the U.S. based Exim Bank approve $600 million loan. Kesoram board approves $300 million expansion of its cement plant. Indraprastha Gas soars after raising PNG price.

Tiffany & Co. Q1 Earnings Call Transcript

123jump.com Staff
13 Jul, 2010
New York City

Sales rose 22% to $633.6 million and net income rose 165% to $64.4 million or 50 cents a share. On a constant exchange rate basis, America''s sales increased 20% and comps rose 15% versus a comp decline of 32% last year. Operating margin rose to 16.6% in the quarter versus 11.5% last year.

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