Market Update

Akamai, Questcor Decline; SanDisk Gains

Mayank Mehta
14 Jun, 2010
New York City

Intuitive Surgical, Inc. led the decliners in the S&P 500 index with a loss of 2.7%. Energy stocks post solid gains.

Euro-Zone Industrial Output Rises 0.8%

Arthi Gupta, Mayank Mehta and Sanjay Barot
14 Jun, 2010
New York City

European stocks extend gains for a fourth consecutive session after the euro area industrial output rose by 0.8% in April. The euro surges to an 11-day high. Resolution agrees to buy certain Axa operations in the UK for

U.S. Stocks Rally; Cablevision To Buy Bresnan

Arthi Gupta, Mayank Mehta and Sanjay Barot
14 Jun, 2010
New York City

U.S. stocks trade higher on upbeat euro-zone industrial production report. Obama urges BP Plc to set up escrow account to pay for oil spill damages in the Gulf of Mexico. Cablevision agrees to buy Bresnan for $1.36 billion.

Internet Brands Q1 2010 Earnings Call Transcript

123jump.com Staff
14 Jun, 2010
New York City

Revenues rose 12% to $26,4 million and net income rose 35% to $3.1 million or 7 cents a share. Same-website revenues increased 15% year-over-year and unique visitors increased 22%. EBITDA and net income grew 27% and 36%. Revenues from our licensing division grew 24%.

Production in India Surges

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
11 Jun, 2010
New York City

India

UK PPI Rises 5.7%; BP Surges 7%

Arthi Gupta, Mayank Mehta and Sanjay Barot
11 Jun, 2010
New York City

UK indexes rose on positive economic data in China and India. UK wholesale inflation increased 5.7% in May and total production output gained 2.1% in April. Hammerson agrees to buy Leadenhall Court office building in London for

Caja Madrid, Bancaja Merge; Club Med Surges

Arthi Gupta, Mayank Mehta and Sanjay Barot
11 Jun, 2010
New York City

European markets track lower after U.S. retail sales declined in May. Wider euro-zone records current account deficit of

DeVry, Pfizer Rise; Dell, SanDisk Fall

Mayank Mehta
11 Jun, 2010
New York City

DeVry Inc. led gainers in the S&P 500 index with a rise of 4.4%. Danone to acquire Medical Nutrition USA, Inc.

Inflation in China Accelerates in May

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
11 Jun, 2010
New York City

China stocks rose for the day capping gain for the week, after higher than estimated loan growth and exports confirmed that the nation

Nikkei Gains; Political Turmoil Persists

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
11 Jun, 2010
New York City

Stocks in Japan gained after European Central Bank raised it growth forecast for Europe and said it will continue to buy bonds. The rally was led by electronics makers.

Australian Miners Slow Down Expansion

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
11 Jun, 2010
New York City

Australian stocks gained after most markets in Asia closed higher. The Australian dollar pared some of its weekly gains after a China reported inflation touched 3.1%.

U.S. Stocks Decline; CBOE Prices IPO

Arthi Gupta, Mayank Mehta and Sanjay Barot
11 Jun, 2010
New York City

U.S. stocks fall as retail sales decline 1.2% in May. CBOE Holdings prices IPO between $27 and $29 per share. Geithner pledges to continue trade reform pressure on China.

BoE Interest Rate 0.5%; BP Woes Continue

Arthi Gupta, Mayank Mehta and Sanjay Barot
10 Jun, 2010
New York City

The UK markets trade higher led by miners and banks. The Bank of England retains its key interest rate at a historic low of 0.5% and the size of its asset purchase scheme at

European Markets Advance; ECB Interest Rate Flat

Arthi Gupta, Mayank Mehta and Sanjay Barot
10 Jun, 2010
New York City

European markets climb after positive trade data from China. The strengthening of the euro boosts investor confidence. The ECB holds key interest rate unchanged at a record low of 1%. Centrica to acquire North American home services business for $183 million in cash.

Walt Disney, Walgreen Decline; Analogic Gains

Mayank Mehta
10 Jun, 2010
New York City

AutoZone, Inc. led the decliners in the S&P 500 index with a loss of 2.4%. Synopsys to buy Virage Logic for a 28% premium. Navistar International profit more than doubles.