123jump.com Staff
27 Apr, 2010
New York City
Revenues rose 20% to $116 million and net income fell 8.5% to $25.1 million or 60 cents a share. Operating margins in the first quarter contracted to 23.3%. By business segment gross margins for application outsourcing was 35.7%, KPO was 70.1%, e-Business was 45.1% and TeamSourcing 55.4%.
123jump.com Staff
26 Apr, 2010
New York City
U.S. stocks struggled to hold earlier gains at close as lawmakers bicker on financial reforms. U.S. Coast Guard officials are struggling to contain oil spill near Louisiana that now covers 1,800 square miles. Charles River Laboratories agreed to acquire China based WuXi Pharma Tech for $1.6 billion.
123jump.com Staff
26 Apr, 2010
New York City
Stocks in Hong Kong closed higher tracking gains in international markets but indexes in Shanghai declined after regulators tightened oversight of the property developers. Charles River Labs agrees to acquire WuXi Pharma $1.6 billion. L
Mayank Mehta
26 Apr, 2010
New York City
The euro traded lower and stocks closed higher after Germany demanded credible budget deficit cut from Greece. Air Liquide first quarter revenue up 5.2%. L
Mayank Mehta
26 Apr, 2010
New York City
UK stocks closed higher after home prices increased in April and Carphone Warehouse raised its annual outlook again. Bank of Ireland to raise
Mayank Mehta
26 Apr, 2010
New York City
DeVry Inc. led the decliners in the S&P 500 index with a loss of 6.0%. Whirlpool shares surge 14% on improved outlook. Humana first quarter earnings increase and ahead of expectations. Caterpillar swings to a first quarter profit. Hertz agrees to acquire Dollar Thrifty for $1.2 billion.
Mayank Mehta
26 Apr, 2010
New York City
Stocks in Mumbai traded higher after better than expected earnings from Maruti Suzuki, Godrej Consumer Products and ICICI Bank and HDFC Bank. Reliance Industries net surged 30%, lower than expected. Coal India Limited is preparing to raise $2.7 billion by July.
Darlington Musarurwa
26 Apr, 2010
New York City
U.S. and world stocks traded higher after positive earnings. The dollar advanced against the euro as investors fear Greek debt restructuring may be needed as early next year. U.S. Treasury plan to sell 1.5 billion shares in Citigroup. Dollar Thrifty agreed to be acquired by Hertz.
Darlington Musarurwa
26 Apr, 2010
New York City
Stocks in Japan surged tracking gains in the U.S. Toyota Motor estimated operating profit in the current year and after the close Canon Inc reported first quarter net surged three-fold. The camera and office equipment maker lifted full-year outlook.
123jump.com Staff
26 Apr, 2010
New York City
Revenues rose 3.7% to $25.4 billion and net income rose 178.6% to $4.43 billion or 15 cents a share. Operating expenses of $1.6 billion were up 7% quarter-over-quarter. International revenues of $4.3 billion were flat sequentially.. Net credit losses were down 66% to $364 million.
123jump.com Staff
23 Apr, 2010
New York City
U.S. stocks closed higher after March new homes sales surged 27% and durable goods orders in the month declined 1.3%. Crude oil closed above $85 a barrel and gold added 1%. Yields on 10-year U.S. bonds increased to 3.8% and 30-year bonds traded at 4.66%. Greek bond yields traded near record 8%.
Darlington Musarurwa
23 Apr, 2010
New York City
The Reserve Bank of Australia Governor Glenn Stevens comments suggested that the recent hikes in interest may be passed. Woodside Petroleum first quarter revenues surges 43%. Lihir Gold said its gold production declined 26%.
Mayank Mehta
23 Apr, 2010
New York City
Markets in Europe closed higher led by a sharp gain in Germany. Greek Prime Minister Papandreou asked to activate emergency loans of nearly $60 billion from the IMF and the EU. Industrial new orders increased 1.5% in the region. Adidas and Volvo surged 12% after earnings. Ericsson declined.
123jump.com Staff
23 Apr, 2010
New York City
Xerox Corporation led gainers in the S&P 500 index with a rise of 8.1%. Capital One reports quarterly profit of $636.3 million. Microsoft net rises 35% in third quarter. Amazon earnings jump 69% in first quarter. Dover shares surge 10% after earnings. CMS Energy profit rises 21%.
Mayank Mehta
23 Apr, 2010
New York City
U.K. stocks traded higher after declines of last tow days. GDP rose 0.2% in the first quarter from the previous quarter and fell 0.3% from the quarter a year ago. Carnival declared 10 cents a share quarterly dividend. Wolseley rose 2.5%. Balfour Beatty awarded
