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.
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.
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
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.
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.
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.
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.
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.
123jump.com Staff
10 Mar, 2009
New York City
London market averages closed higher and government report that showed industrial production fell in three months to January. Insurance and bank stocks closed higher as bargain hunters braved in the sector. HSBC surged 14% Friends Provident soared 21%.
123jump.com Staff
10 Mar, 2009
New York City
The specialty apparel retailer quarterly sales decreased 13% to $4.08 billion on comparable store sales decline of 14%. Net quarterly earnings dropped 8% to $243 million. Earnings per share decreased to 34 cents from 35 cents a year-ago quarter. The company opened net nine new stores in the quarter.
123jump.com Staff
10 Mar, 2009
New York City
Producer price index in China declined 4.5% in February and urban home prices fell 1.2% in the month. Hong Kong Air Cargo Terminals Limited said air cargo volume fell 22% in February and cumulative tonnage in the first two months of the year dipped 27%.
123jump.com Staff
10 Mar, 2009
New York City
Lincoln National Corporation led gainers in the S&P 500 index with a rise of 26.9%. AeroVironment, Inc third quarter net down 25%. Casey
123jump.com Staff
10 Mar, 2009
New York City
The payment services provider quarterly revenue increased to $319 million. Net quarterly income was $122.9 million and earnings per share were 47 cents compared to a loss of $14.18 a year-ago quarter. The company expanded its global agent network by 23%.
123jump.com Staff
10 Mar, 2009
New York City
Pet products and services provider comparable store sales grew 3% to $1.36 billion while net income grew marginally to $78.39 million. Earnings per share increased to 62 cents compared to 59 cents in the fourth quarter of 2007. For the fiscal year, earnings per share were $1.52 and sales increased to 8.4% to $5.07 billion from a year ago.
123jump.com Staff
10 Mar, 2009
New York City
The hotel and leisure group reported revenue decreased 46% to $81.7 million. Net loss widened 879% to $48 million in the quarter. The company lost $1.04 a share compared to earnings of 12 cents a year-ago quarter. Revenue per room declined 16% in local currency.
