Market Update

Big Lots Q4 Earnings Call Transcript

123jump.com Staff
16 Mar, 2009
New York City

The retailer fourth quarter sales fell 3.2% to $1.37 billion and net income dropped 14% to $78.8 million. Earnings per share were 96 cents as against $1.04 in the prior quarter. The company expects to earn $1.75 to $1.90 per share in fiscal 2009.

Korn Ferry Q3 Earnings Call Transcript

123jump.com Staff
16 Mar, 2009
New York City

Talent management solution provider third quarter fee revenue dropped 32% to $136.2 million with operating earnings touching $5.6 million. Earnings per share were a loss of 52 cents against earnings of 37 cents in the prior year quarter.

Rally in New York Fizzles; Weakness in AmEx

123jump.com Staff
16 Mar, 2009
New York City

U.S. stocks lost earlier gains as markets focused persistent weakness in financial sector and rising delinquencies at American Express. European and Asian markets closed higher on the hopes that governments will spend more money in assisting banks. Barclays suggested stronger than expected business.

London Stocks Close Higher; Barclays Soars

123jump.com Staff
16 Mar, 2009
New York City

Shares in London ended in positive territory as impressive gains by Barclays and Land Securities led the rally. Barclays surged on optimism that it was in talks with a prospective buyer of its ETF unit, iShares.

European Banks Lead Indexes Higher

123jump.com Staff
16 Mar, 2009
New York City

Major European bourses advanced on Monday with stocks closing higher across the board. Banks led gainers in the region on hopes that the governments of developed nations will approve more capital to purchase illiquid securities. UBS is expected to eliminate additional 5,000 jobs.

AIG Surges 19%; SanDisk Drops 7%

123jump.com Staff
16 Mar, 2009
New York City

American International Group, Inc led the pack of gainers in the S&P 500 with an 18.6% rise. On the downside, shares of SanDisk Corporation plummeted 7.2%. Of the stocks in S&P 500 index, 400 increased, 97 declined and 3 were unchanged.

The Cooper Companies Q1 Earnings Call Transcript

123jump.com Staff
16 Mar, 2009
New York City

The specialty medical products company reported quarterly revenue increased 3% to $251.1 million. Net quarterly income surged 246% to $23.9 million. Earnings per share rose to 53 cents from 15 cents a year-ago quarter. The company estimates earnings between $2.16 and $2.36 a share in fiscal 2009.

Indian Stocks Up on G20 and Stimulus Hopes

123jump.com Staff
16 Mar, 2009
New York City

Stocks in India closed higher largely due to forecasts of the execution of an eagerly anticipated stimulus plan by the country

Asian and European Stocks on the Rise

123jump.com Staff
16 Mar, 2009
New York City

Stock exchanges in Asia closed higher as global optimism prevailed on Monday. Europe

Hong Kong and Shanghai Indices Advance

123jump.com Staff
16 Mar, 2009
New York City

Shares in Hong Kong and Shanghai posted gains Monday on the back of encouraging economic reports and government announcements.

Tokyo Closes Higher on G20 Pledge

123jump.com Staff
16 Mar, 2009
New York City

Tokyo shares gained value on Monday, buoyed by prevailing optimism that G20 finance leaders showed readiness to fix the global financial crisis.

EU Retail Sales Fall; Car Sales Decline

123jump.com Staff
13 Mar, 2009
New York City

European markets closed mixed on news of disappointing news from Frankfurt automakers. The EU statistics office in also reported that retail sales in the region fell for the eighth consecutive month on falling disposable incomes.

Australia Extends Chinalco Date

123jump.com Staff
16 Mar, 2009
New York City

Shares in Australia edged up to close marginally higher on Monday as news of G20 commitment to support global financial systems neutralized the effect of declines in oil prices.

Foot Locker Q4 Earnings Call Transcript

123jump.com Staff
15 Mar, 2009
New York City

The athletic footwear and apparel retailer quarterly sales declined 11% to $1.32 billion on same-store sales fall of 7.3%. Net quarterly loss was $126 million. The company lost 82 cents a share compared to earnings of 46 cents a year-ago quarter.

Costco Q2 Earnings Call Transcript

123jump.com Staff
14 Mar, 2009
New York City

The membership warehouse operator quarterly net sales declined 1% to $16.49 billion on comparable store sales fall of 3%. Net quarterly income decreased 27% to $239.7 million. Earnings per share dropped to 55 cents from 74 cents a year-ago quarter.