123jump.com Staff
03 Apr, 2009
New York City
In heavy volume, stocks in Hong Kong edged higher after surging for the four days in a row and adding 3% for the week. The banks, real estate developers and electric power utilities advanced. The rise in manufacturing index lifted sentiment in trading in China and in Hong Kong.
123jump.com Staff
03 Apr, 2009
New York City
Exporters, shipping lines and realty companies led gainers in Tokyo trading. Yen drifted lower and reached nearly 100 yen against a dollar. The G-20 commitment to finance and back international trade lifted stocks in Asia and in India. Japan pension investment fund projects net cash outflow.
123jump.com Staff
03 Apr, 2009
New York City
Arrow acquires Beach Petroleum
123jump.com Staff
02 Apr, 2009
New York City
Global markets surged on the hopes that G-20 commitment of $1.1 billion will be followed with domestic spending and restraint on excessive risks at banks. Industrials and financial led gainers in New York, Europe and South America.
123jump.com Staff
02 Apr, 2009
New York City
U.S. stocks surged and European markets closed sharply higher after the Group of 20 summit generated another round of commitment to bailout banks and finance international trade. Relaxed accounting rules also helped banks and financial services stocks to rise. Crude oil surges 8% and copper gains.
123jump.com Staff
02 Apr, 2009
New York City
Jabil Circuit second quarter revenue decreased 5.6% to $2.89 billion due to lower revenue and higher income tax expenses. Net loss for the quarter was $42.1 million or 20 cents a share against net loss of $24 million or 12 cents per share in a year ago quarter.
123jump.com Staff
02 Apr, 2009
New York City
U.S. stocks traded higher for the third day in a row on the hopes that the G-20 meeting of heads of nations will generate another round of stimulus worldwide. Banks led the list of gainers after accounting rules for the asset price recognitions were relaxed.
123jump.com Staff
02 Apr, 2009
New York City
Australian trade surplus widens to A$2.1 billion in February. Exports of goods and services in the period gained 4% to A$24.9 billion. A sharp rise in Asian markets also contributed to the gains in Australian stocks. Qantas will icrease its ownership in its two Singapore base discount airlines.
123jump.com Staff
02 Apr, 2009
New York City
The video game and entertainment software retailer quarterly sales increased 21.9% to $3.5 billion on comparable store sales rise of 9.6%. Net earnings rose 22.4% to $232.3 million in the quarter. Earnings per share was $1.39 compared to $1.14 in the prior-year quarter.
123jump.com Staff
01 Apr, 2009
New York City
U.S. stocks closed up on the hopes that the housing market is indicating early signs of stabilization and banks will meet revised market-to-market asset rules. Investors overlooked weak job report. Business confidence in Japan plunged. European indexes closed higher. Daimler AG cuts 14% labor cost.
123jump.com Staff
01 Apr, 2009
New York City
Celgene Corporation led the decliners in the S&P 500 index with a loss of 14.1%. Apollo Group, Inc reports second quarterly profit 77 cents. Sealy Corporation first quarter net falls 71%. Worthington Industries, Inc third quarter profit plummets on lower volumes.
123jump.com Staff
01 Apr, 2009
New York City
Japan business confidence drops to record low in March quarter as managers see no immediate signs of clearing inventories and a rise in sales. Manufacturers in the monthly survey estimated more job cuts. Honda plans to cut production by 62,000 in North America. Stocks closed higher on weak yen.
123jump.com Staff
01 Apr, 2009
New York City
Australian dollar fell after retail sales decline 2% in February however Australian residential approvals rise 7.8% in February. China controlled Minmetals Group and Australian regulators are likely to agree for the sale of international assets of Oz Minerals Ltd. for $1.2 billion.
123jump.com Staff
01 Apr, 2009
New York City
The office-furniture maker quarterly sales declined 28% to $354 million. Net quarterly loss generated was $5.2 million on restructuring charges. The company lost 10 cents a share compared to earnings of 65 cents a year-ago quarter. Orders decreased 38% to $279 million in the quarter.
123jump.com Staff
31 Mar, 2009
New York City
U.S. stocks closed higher today but for the quarter declined sharply. The Dow and S&P 500 index declined more than 13% and 12% respectively and tech heavy Nasdaq Composite lost only 3%. European market indexes closed higher on a rise in banks. Unemployment in Japan and Germany rose.
