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Visa Q3 Earnings Call Transcript

123jump.com Staff
06 Aug, 2009
New York City

The electronic payment network reported quarterly revenue rose 2% to $1.65 billion. Net quarterly income soared 73% to $729 million as recent cost-cutting helped offset declining payment processing volume. Earnings per share surged to 97 cents from 51 cents a year-ago quarter.

BoE Expands Bond Buys; Aviva, Unilever Up

Mayank Mehta
06 Aug, 2009
New York City

The Bank of England expanded its bond purchase program by

Metro PCS Plunges; Brinker International Drops

Mayank Mehta
06 Aug, 2009
New York City

MetroPCS Communications, Inc led the decliners in the S&P 500 index with a loss of 27.5%. AmeriCredit posts fourth quarter profit. Eagle Bulk Shipping Inc second quarter earnings fall.

Leading Indicators Up in Japan; Nikon Plunges

123jump.com Staff
06 Aug, 2009
New York City

The index of leading indicators in Japan surged in June on rising consumer confidence and investor sentiment. Nikon plunged 10% after it offered weak outlook. Rising metals prices lifted resource stocks. Kirin revises its annual revenues and earnings outlook.

NHPC IPO; NMDC Stake Sale in India

123jump.com Staff
06 Aug, 2009
New York City

Rising mega IPO issues may soak liquidity from Indian market. NHPC Ltd, the largest hydroelectric company announced a plan to raise 6,000 crore rupees. The state controlled NMDC is preparing to sell 5% stake in the mining company.

New Issues Dominate World Markets; AIG Soars

Mukesh Buch
05 Aug, 2009
New York City

With the worldwide market strength the initial public offerings are slowly making a comeback in the U.S., Brazil, China and India. China based offering drew bids more than 100 times offer size. Earnings dominated trading sentiment in New York.

Deutsche Boerse Drops; AXA, Adidas Surges

123jump.com Staff
05 Aug, 2009
New York City

European benchmark indexes traded sideways. AXA net in the first half declined 39%. Deutsche Boerse dropped 6.5% after net dropped 33% in the first half. Swiss Re reported quarterly net loss.

China Stocks Rest; Everbright IPO

123jump.com Staff
05 Aug, 2009
New York City

Hong Kong and Shanghai indexes edged lower. Everbright Securities initial public offering was oversubscribed more than 100 times. China Railway Construction garnered orders worth $700 million.

Weak Earnings at Isuzu, Nikon, Inpex

Mayank Mehta
05 Aug, 2009
New York City

Stocks in Japan edged lower on weak earnings from NTT, Nikon and Isuzu. Inpex, the crude oil refiner quarterly profit plunged 48%. Fast Retailing dropped after same store sales at one of its retail chains declined in July.

Fresh Del Monte Q2 Earnings Call Transcript

123jump.com Staff
05 Aug, 2009
New York City

Fresh Del Monte sales for the quarter were up marginally to $978.4 million but earnings rose 27% to $52.2 million pushed by industry wide shortage of bananas and higher prices. Earnings per share were 82 cents as against 66 cents in the year ago quarter.

Las Vegas Sands Q2 Earnings Call Transcript

123jump.com Staff
05 Aug, 2009
New York City

The casino operator net quarterly revenue declined 4.8% to $1.06 billion. Net quarterly income slumped 72% to $8.8 million. Earnings per share was 1 cent compared to 9 cents a year-ago quarter. The company estimates to generate $500 million in annualized savings through its cost savings programs.

UK Services Expand; Taylor Wimpey Loss

Mayank Mehta
05 Aug, 2009
New York City

UK manufacturing output increased in June but declined in the quarter. Service index showed a slow and steady expansion. F&C Asset Management reported loss in the first-half. Ukraine based iron ore miner, Ferrexpo plc surged after reporting lower than expected profit decline.

Whole Foods, Orbitz, Ctrip, Foster Wheeler Rise

Mayank Mehta
05 Aug, 2009
New York City

Whole Foods Market led gainers in the S&P 500 index with a rise of 19.6%. BMC Software posts first quarter profit gain. China based Ctrip.com net profit surged 33% in second quarter. RBC Bearings first quarter results miss expectations.

India Stocks Stable; Axis $1 B Offering

Mayank Mehta
05 Aug, 2009
New York City

Mumbai stocks hovered near 14-month highs on earnings momentum. Axis Bank prepared to raise more than $1 billion from international investors. Hindustan Construction increased on a large new order. Reliance Infrastructure led consortium was awarded Mumbai Metro Rail project of $2.2 billion.

Global Payments Q4 Earnings Call Transcript

123jump.com Staff
04 Aug, 2009
New York City

Fourth quarter revenue for the online credit card processor grew 17% to $402 million but profit fell 8% hurt of higher expenses and unfavorable FX to $37.6 million. Earnings per share were 46 cents compared to 50 cents in the year ago quarter.

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