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Sydney: BHP Sales Decline; CBA Earnings Rise

Darlington Musarurwa
10 Feb, 2010
New York City

BHP sales first sales declined 17.5% but the net surged to $6.1 billion from a year ago period. Australia

Toyota Q3 2010 Earnings Call Transcript

123jump.com Staff
10 Feb, 2010
New York City

Sales rose 10.2% to

Unilever Q4 2009 Earnings Call Transcript

123jump.com Staff
10 Feb, 2010
New York City

Sales fell 5% to

Blackboard Inc Q4 Earnings Call Transcript

123jump.com Staff
10 Feb, 2010
New York City

Blackboard fourth quarter revenue increased 18% to $100 million with net income jumping nearly 300% to $7.7 million. Earnings per share were 23 cents against 6 cents in the prior year quarter. Total year revenue increased 21% to $377 million with net income touching $7.9 million.

China Auto Sales Surge in January; Stocks Up

123jump.com Staff
09 Feb, 2010
New York City

Shanghai and Hong Kong market indexes closed higher as the prospect of Greece bailout by the EU increased. Auto sales in January nearly doubled. ICBC says it tightened lending to property developers. China Overseas Land inks HK$8 billion loan agreement. China Eastern Air completes restructuring.

U.S. Stocks, Metals Rise Ahead of EU Summit

123jump.com Staff
09 Feb, 2010
New York City

The prospect of a Greek bailout by the EU raised hopes for the euro and the wider euro zone. With the barrage of earnings, investors focused on Coca-Cola, Harmon Industries, IAC Interactive, Martin Marietta Materials and Church & Dwight. The euro was in focus as the EU leaders prepare to meet.

Sydney: David Jones Up; Macquarie Down

Darlington Musarurwa
09 Feb, 2010
New York City

Australian stocks looked for a direction in the global markets. David Jones, the retailer lifted its first half profit outlook. Macquarie Group estimated second half earnings growth of 10%, lower than expected. Newcastle weekly coal exports grow 11.3%.

Toyota Recalls Hybrids; SMFG Net Doubles

Darlington Musarurwa
09 Feb, 2010
New York City

Debts by failed companies in Japan rose 838 billion yen in January as Japan Airline filed bankruptcy. Toyota Motor Corp agreed to recall 223,068 hybrid cars in Japan. Sumitomo Mitsui Financial quarterly profit doubles but leaves annual outlook unchanged.

European Commission Voted In; Euro Rises

Mayank Mehta
09 Feb, 2010
New York City

European markets inched higher as optimism grew that the euro zone leader will offer a bailout plan for Greece. The European Parliament approved the new European Commission in a vote today. The euro advanced. The Swatch Group surged 5% after it indicated better results in the current year.

UK Trade Deficit Grows; FSA Chief Resigns

Mayank Mehta
09 Feb, 2010
New York City

UK stocks gyrate with European markets and commodities prices. Metals gained in London trading. The British Land Company swings to profit in third quarter. TUI Travel Plc quarterly net loss widens and sales down. British Sky Broadcasting Group plc sells 10.4% stake in ITV plc.

Visa Q1 Earnings Call Transcript

123jump.com Staff
09 Feb, 2010
New York City

The electronic payment network reported quarterly revenue rose 13% to $1.96 billion due to strong contributions from its data processing and international transaction revenues. Net quarterly income surged 33% to $763 million. Earnings per share grew to $1.02 from 74 cents a year-ago quarter.

Coca-Cola, Cognizant Rise; Electronic Arts Falls

Mayank Mehta
09 Feb, 2010
New York City

Electronic Arts Inc led the decliners in the S&P 500 index with a loss of 8.5%. Coca-Cola quarterly net income rises 55% and sales increase 5%. Cognizant fourth quarter revenues increase 20% and net income surge 28%. NYSE Euronext swings to profit and beats expectations.

Mumbai Stocks Higher; Mahindra, Renault Talks

123jump.com Staff
09 Feb, 2010
New York City

Stocks advanced in Mumbai after rally in emerging markets. Software exporters led the gainers. Cement makers lift prices. Renault and Mahindra are in joint venture restructuring talks after sales plunged for the second year in a row.

U.S. Indexes Advance 1%; Dollar Firm

123jump.com Staff
09 Feb, 2010
New York City

U.S. stocks advanced after a sell-off that has lasted four weeks. Broader market indexes increased more than 1% in the early trading. Commodities advanced on the back of the stronger dollar. U.S. Treasury to sell $40 billion of 5-year bonds today.

Cohen & Steers Q4 2009 Earnings Call Transcript

123jump.com Staff
09 Feb, 2010
New York City

Revenue rose 38% to $39.9 million & net income was $11.6 million or 27 cents a share. pretax profit margin for the quarter was 37% up from 28% in the 3rd quarter and operating margin rose to 28% this quarter from 17% in the 3rd quarter. For the year assets under management rose $2 billion or 47%.

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