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Market Update

London FTSE 100, Paris CAC 40 Close Higher

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

Major indices in UK, France, Switzerland closed higher. Frankfurt DAX Index decreased.

Tokyo, Hong Kong Indices Close Higher

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

Major indexes in Asia and Australia closed higher.

Major European Indices Close Higher

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

In London FTSE 100 Index closed higher 18.25 or 0.49% to 3,712.06, in Paris CAC 40 Index increased 20.05 or 0.75%.

Australian Unemployment Reaches A Four Year High

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

Australian stocks decreased after a government report said the country

The Nikkei 225 Index Down; Hang Seng Index Up

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

The Nikkei 225 Index in Tokyo closed lower 177.87 or 2.41% to 7,198.25, Hang Seng index in Hong Kong increased 70.87.

Japan Stocks Down; Exports Plunge 13.8%

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

Japan stock indexes fell after the country

U.S. Stocks Rise; Oil, Gold Fall

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

World stock markets traded volatile. UK trade deficit soared and exports from China dropped 26%. Machinery orders in Japan dropped 19% and corporate bankruptcies surged. Crude oil dropped 8% to $42.33. Gold edged lower.

Toll Brothers Q1 Earnings Call Transcript

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

The luxury home builder first quarter revenue fell by half to $409 million with net loss of $88.9 million or 55 cents per share including pretax write down totaling $156.6 million compared to fiscal year 2008 first quarter net loss of $96 million or 61 cents per share.

Coldwater Creek Q4 Earnings Call Transcript

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

The women''s apparel retailer quarterly net sales decreased 18% to $283.2 million on comparable store sales fall of 21.4%. Net quarterly loss increased 9% to $18.6 million. The company lost 20 cents a share compared to a loss of 19 cents a year-ago quarter.

UK Deficit Widens to

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

U.K. stocks tumbled 0.6% after trade deficit soared more-than-forecasted in January on weakening demand. Deficit on trade in goods is provisionally estimated to have widened to

AmEx Drops; Morgan Stanley Rises

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

Stocks rose in the morning trading but lost the momentum in the afternoon. Banks traded volatile after UBS predicted tough market environment for the brokerage firm. American Express traded lower on rating downgrade and Morgan Stanley traded higher on an upgrade. Vail Resorts gained on earnings.

Australian Consumer Confidence Declines

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

Australian market averages rose 1.9% after a private report showed that consumer confidence fell less-than-expected. The large economic stimulus package helped to revive consumer confidence but most are still in the wait and see mode. Weak commodities stocks trimmed market gains.

Tokyo Stocks Surge 4.5%

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

Machinery orders in Japan fall 18.5% to 1.2 trillion yen in January and a private report suggested that corporate bankruptcies increase to 1,318 in February, a rise above 1,300 for the first time in six years.

China Exports Plunge 26%

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

Hong Kong stocks rose 2% buoyed by a media report suggesting Citigroup has been profitable in the first two months of the year. However, Shanghai stocks tumbled after exports from China dropped sharply in February. Exports fell 25.7% to $64.9 billion in February from the same period a year ago.

Surge in U.S. Lift Europe, Latin Markets

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

U.S. stocks closed higher as stocks of banks and insurance sector rallied. Citigroup soared on the hopes that the profits at the bank are stabilizing. The rally in New York trading lifted markets in Europe at close and in South America.