ticker

Login

Nvidia Target Corp. Dolby Laboratories Onsemi Home Depot Walt Disney StubHub Applied Materials Sweetgreen

Market Update

Greek Protest; European Markets Weak

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

European stocks edge lower after jitters about liquidity issues ahead of bank repayments to the European Central Bank later this week. IMF approves

U.S. Stocks Struggle on China Weakness

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

U.S. stocks trade lower after markets in China fell sharply and Asian markets traded lower. Federal Reserve Governor Kevin Warsh said central bank should resist from expanding the balance sheet. Tesla prices its public offering of 13.3 million shares at $17 a share.

Revised Outlook Drags China, Asia Markets

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

The benchmark indexes in Shanghai dropped to 14-month low after a private researcher lowered economic outlook. The news lowered indexes across Asia. ICBC posts 39% drop in new loan growth. Datang Power Changes sponsor for private placement.

Revised Outlook Drags China, Asia Markets

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

The benchmark indexes in Shanghai dropped to 14-month low after a private researcher lowered economic outlook. The news lowered indexes across Asia. ICBC posts 39% drop in new loan growth. Datang Power Changes sponsor for private placement.

Sensex in India Drops; Rate Hike Talks

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

Stocks in Mumbai traded lower after a central bank official said interest rate may be revised higher to curb inflation. Weak sentiment in the region also contributed to the declines. Tata Motors plans to raise as much as $1 billion and Pantaloon Retail raised $100 million.

Nikkei Trades Down 1.3%, Unemployment Rises

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

Stocks in Japan traded down after unemployment rate increased and household spending declined in May. Auto makers in Japan are boosting production as U.S. demand recovers and China demand continues to grow.

Australia Tracks Losses in Asia

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

Stocks in Australia traded lower tracking losses in Shanghai, Hong Kong, Tokyo and Mumbai. Miners give two week notice to government to settle the super tax on profits. Hebei Steel and Atlas Iron Ltd talk a stake sale in Western Australia iron ore mine.

O'Reilly Automotive Q1 Earnings Call Transcript

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

Sales rose 10% to $1.28 million and net income rose 55% to $97.5 million or 70 cents a share. Gross profit was 48.3% of sales for the quarter versus 46.6% in the prior year. Operating margin for the quarter was extremely strong 13.2% of sales. An improvement of 342 basis points over the prior year.

U.S., World Markets Up; Tobacco Stocks Rally

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

U.S. stocks closed higher as personal income and spending rose. World leaders agreed to cut budget deficits by half in the next six years and recapitalize banks. Tobacco stocks traded higher after the Supreme Court rejected to hear the case between the U.S. and cigarette makers.

UK Stocks Decline; BP Cleanup Costs Soar

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

The UK indexes fall despite gains by miners. UK home price edges up 0.1% in June. G20 leaders agree to balance fiscal consolidation with the need to maintain pro-growth economic policies. BP Plc estimates $2.7 billion cleanup costs for the Gulf of Mexico oil spill.

Apple, Boeing Decline; Merck, NYSE Gain

Mayank Mehta
28 Jun, 2010
New York City

Apple Inc said it sold 1.7 million iPhone 4 in the first three days of selling. Isle of Capri dropped after it filed to sell as many as 9 million shares. BP Plc gained on the speculation that its chief executive may resign as early as today.

Cautious Trading in Europe

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

European markets climb after the group of 20 leaders endorsed targets to cut deficits by at least half by 2013. Euro-zone private lending rose 0.2% in May. German consumer price inflation eases 0.1% in June.

G20 Summit Vows Stringent Financial Reforms

Arthi Gupta
28 Jun, 2010
New York City

Leaders of the G20 countries agreed to cut government debt at the group''s summit in Toronto, Canada. Leaders of largest economies announced they would cut deficits in half by 2013 and stabilize their debt-to-GDP ratios by 2016.

U.S. Stocks Rise; Personal Income Rises

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

U.S. stocks rise after leaders at the G20 summit agreed to push the economic recovery while targeting significant reductions in deficit spending by 2013. U.S. personal income rises 0.4% and spending increases 0.2% in May.

Australian Stocks Fall; G20 Worries

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

Stocks in Australia traded lower on global sentiments. G-20 summit decides that banks need higher capital and agreed to cut budget deficits by half by 2013. Miners urge for speed on tax talks. Valspar agrees to acquire Wattyl Ltd. for A$142 million.