123jump.com Staff
29 Apr, 2009
New York City
The coal producer quarterly revenues rose 15% to $1.46 billion. Net income surged 80% to $140.5 million in the quarter. Earnings per share increased to 50 cents from 28 cents a year-ago quarter. EBITDA increased 16% to $325.4 million during the quarter.
123jump.com Staff
28 Apr, 2009
New York City
Stocks in Hong Kong are expected to trade lower after another round of worries for banks and weak earnings in the financial sectors dominate the world markets trading. Ping An, the second largest insurer plunged 9% after the quarterly earnings drop 72%.
123jump.com Staff
29 Apr, 2009
New York City
Stocks in Mumbai trading surged ahead of derivatives expiration. In volatile trading market indexes traded up despite election jitters and positive earnings from Bharti Airtel, Sterlite Industries and Patni Computer. ICICI Bank led the gainers in banking sector with a surge of 9%.
123jump.com Staff
28 Apr, 2009
New York City
Tokyo stocks are expected to trade lower after U.S. bank trade lower and more deaths are linked to swine flu in the U.S. and Mexico. March retail sales declined at a slower pace in February but sales at large department and supermarket fell at 8.1% for the second month in a row.
123jump.com Staff
28 Apr, 2009
New York City
World financial markets declined for the second day with larger losses in Asia and Europe. The worries of lack of adequate capital at U.S. banks continue to dominate the sentiment. A rise in the U.S. consumer confidence lifted U.S. stocks. Chrylser reaches agreement with debt holders.
123jump.com Staff
28 Apr, 2009
New York City
Stocks in Germany and France declined after markets worried on the impact of deepening spread of flu virus in Europe and North America. Daimler reported second quarterly loss in a row. Weak outlook at Air Liquid dragged French markets lower. Arcandor, TUI and Euro Disney drop.
123jump.com Staff
28 Apr, 2009
New York City
UK stocks edged sharply lower on the growing worries of rapid spread of swine flu. Commodities and miners declined. Banks fell after Bank of America and Citi are asked to raise more capital by Fed in the U.S. More UK retailers reported a rise in sales in April. Oil, copper and gold declined.
123jump.com Staff
28 Apr, 2009
New York City
Jacobs Engineering Group Inc led the decliners in the S&P 500 index of 7.9%. Baidu, Inc posts higher first quarter profit. Rent-A-Center, Inc first quarter profits grow 25%. United States Steel Corporation reported first quarter net loss.
123jump.com Staff
28 Apr, 2009
New York City
U.S. stocks edged higher as consumer confidence rises and worries related to adequacy of banks kept stocks in the sector lower. World Health Organization raised its swine flu alert to the highest level since 2005. U.S. Steel dropped. China based Baidu earnings rose 23%.
123jump.com Staff
28 Apr, 2009
New York City
The Sensex index in India fell sharply after gaining for six weeks in a row. Foreign institutional investors have resumed the stock purchase in India in the last three weeks. Bharti Airtel declined ahead of earnings tomorrow.
123jump.com Staff
27 Apr, 2009
New York City
The benchmark Tokyo index closed higher but stocks in broader trading fell. Airlines, tour operators and meat packers declined on the outbreak of swine flu in Mexico. Japan Cabinet Office estimates economy in the current year to shrink 3.3% from the earlier estimate of flat economic growth.
123jump.com Staff
27 Apr, 2009
New York City
Mumbai stocks traded volatile as investors digested earnings and faced declining global markets. Rupee edged lower as dollar gained against most currencies around the world. ICICI Bank surged 8% on weak earnings. Reliance resumes its crude oil production after a month long shut down.
123jump.com Staff
27 Apr, 2009
New York City
World financial markets retreated on the worries that fragile economies may face additional shocks if the outbreak of swine flu spreads beyond five nations. General Motors launched its $27 billion debt excahnge offer for 10% equity stake in the company. UK pound drops against dollar and yen.
123jump.com Staff
27 Apr, 2009
New York City
With the first case of swine flu in Spain, investors were cautious. Airlines and hotels declined but pharmaceutical companies gained in trading. Merck KGaA, the drug and chemical maker in Germany first quarter net income plunged to 56.7 million euros. Sperian Protection in Pairs surged 23%.
123jump.com Staff
27 Apr, 2009
New York City
UK stocks fell along with a decline in European markets. British Air led decliners in the FTSE 100 index along with a sell-off in transportation related stocks. Aviva Plc jumped 5% after it completed 200 million pounds offering but will not reveal the terms of the offering.
