123jump.com Staff
05 May, 2009
New York City
Stocks in Mumbai trading were unchanged after a rally of 6.4%. DLF surged after it planned to raise capital and sell its non-core assets. Sobha Developers board approved capital increase and sell of the company to foreign institutional investors. Tata Motors reported a surge in Nano bookings.
123jump.com Staff
05 May, 2009
New York City
The online auctioneer quarterly revenue declined 8% to $2 billion caused by the impact of a stronger dollar and decline of the core marketplaces business. Net income decreased 22% to $357.1 million in the quarter. Earnings per share was 28 cents compared to 34 cents in the prior-year quarter.
123jump.com Staff
04 May, 2009
New York City
U.S. stocks surged as world markets rallied on optimism that the rise in Chinese manufacturing index may indicate world trade stabilization. Pending contracts for home resale also increased in the U.S. lifting indexes and financials. Banks surged led by a rally in Wells Fargo.
123jump.com Staff
04 May, 2009
New York City
European stocks closed higher led by a rise in steel and automakers, insurance companies and airlines. The worldwide rally was sparked by the latest read on manufacturing industry suggested expansion in manufacturing in China. ArcelorMittal and Thyssen Krupp surged.
123jump.com Staff
04 May, 2009
New York City
Stocks in Australia surged, despite a record fall in home prices in the first quarter ending in March. Jobs ads in newspapers and on the Internet dropped 7.5% in April and plunged nearly half from a year ago. Macquarie Group sold 20 million shares at A$27.00 a share and raised A$540 million.
123jump.com Staff
04 May, 2009
New York City
China region stocks surged after investors piled in stocks on better than expected manufacturing industry data. The weekend agreement among Asian nations to set up a reserve fund also bolstered stocks in the region. Commodities linked stocks rallied in Hong Kong and in Shanghai.
Mayank Mehta
04 May, 2009
New York City
Sprint Nextel Corporation led gainers in the S&P 500 index with a rise of 13.7%. Administaff, Inc first quarter net falls 38% on lower margins. CNA Financial Corporation post first quarter losses as investment woes continue. Tyson Foods, Inc shares fall after second quarter loss.
123jump.com Staff
04 May, 2009
New York City
U.S. stocks traded higher on second monthly increase in pending home resale contracts and gain in construction spending. Markets in China, India and Australia surged and European markets traded higher. Crude oil and copper gained. Sprint surged after it reported quarterly profit.
123jump.com Staff
04 May, 2009
New York City
Mumbai stocks surged on the optimism about recovery in the global markets and expanding manufacturing in China. HDFC reported 20% increase in profit and Allahabad Bank net income increased 55%. Century Textiles net increase 10%. Banks, financial services and commodities linked stocks surged.
123jump.com Staff
04 May, 2009
New York City
The beverage maker quarterly revenue fell 2.8% to $7.17 billion. Net quarterly income declined 10% to $1.35 billion following restructuring charges and lower revenue. Earnings per share dipped to 58 cents from 64 cents a year-ago quarter. Unit case volume rose 2% in the quarter.
123jump.com Staff
02 May, 2009
New York City
The chip maker reported second quarter net revenue of $2.5 billion and a net loss of $289 million hurt by the litigation settlement charges with Broadcom. Earnings per share were a loss of 18 cents per share as compared to 47 cents profit in the year ago quarter.
123jump.com Staff
03 May, 2009
New York City
The financial services provider quarterly revenue was $21 billion including record contributions from legacy Wells Fargo and 41% of combined revenue from Wachovia. Net quarterly income rose 52% to $3 billion. Earnings per share dropped to 56 cents from 60 cents a year-ago quarter.
123jump.com Staff
02 May, 2009
New York City
The financial institution reported quarterly revenue rose 111% to $36 billion. Net quarterly income surged 250% to $4.2 billion with Merrill Lynch contributing $3.7 billion. Earnings per share rose to 44 cents from 23 cents the prior year. The bank extended $183 billion in credit in the quarter.
123jump.com Staff
01 May, 2009
New York City
EMC first quarter revenue declined 9.2% to $3.15 billion and net income declined 22.8% to $194.1 million. Earnings per share were 10 cents as against 12 cents in the year ago quarter. The company generated record cash and investments were $9.8 billion.
123jump.com Staff
01 May, 2009
New York City
Commodities linked stocks rallied after crude oil and copper increased. Crude oil jumped 4% after China reported second monthly expansion in a row. March exports from India declined and government indicated it sees no signs of improvement in near term. Softbank in Tokyo surged.
