Elena
04 Nov, 2005
New York City
Asian-Pacific markets ended higher with the Nikkei up 1.3% at a four-year high above 14,000 points on microchip and banking stocks. Markets in South Korea, Singapore and Australia gained, only Hong Kong fell. European stocks lost ground at mid-day on higher oil prices and ahead of U.S. payroll data. After jumping $2 yesterday, crude oil eased back below $62 a barrel.
123jump.com Staff
03 Nov, 2005
New York City
Market cheered economic news and better-than expected rise in same-store sales. Yields on ten-year bond rose to 4.67%. Better than expected earnings at CVS, 30 cents, Harrah''s net declined to 91 cents, Sara Lee net declined to 9 cents, Tesoro net shot to $3.20 from 93 cents a year ago and that of Sabre declined to 45 cents from 49 cents a year ago.
Elena
03 Nov, 2005
New York City
U.S. business productivity surged in the third quarter according to a Labor Department report. Unit labor costs fell at an annual rate of 0.5%, vs. a forecast of a 2% gain in unit labor costs. Alan Greenspan testified before a congressional committee and Merck received a favorable verdict in a New Jersey Vioxx trial, A report released by the Labor Dept. showed that jobless claims fell to 323,000 from the previous- week revised figure of 331,000.
Elena
03 Nov, 2005
New York City
U.S. business productivity surged in the third quarter according to a Labor Department report. Unit labor costs fell at an annual rate of 0.5%, vs. a forecast of a 2% gain in unit labor costs. A report released by the Labor Dept. showed that jobless claims fell to 323,000 from the previous week''''s revised figure of 331,000.
Elena
03 Nov, 2005
New York City
Asian markets closed mixed, led by Australia''''s All Ordinaries, up 1.2%. Exchanges in Japan and Singapore were closed for holidays. European stocks traded higher on BMW, Unilever, Adidas-Solomon. Retailers posted strong same-store October sales, led by American Eagle Outfitters, Costco Wholesale, Wal-Mart, Goody''''s Family Clothing.
123jump.com Staff
02 Nov, 2005
New York City
Market was in the mood to rally in the morning as bond market weakened and oil fell on inventory report. Earnings news largely supported the postive sentiments. Home builders, casions, retail and tech stocks led a broad rally in the market. In the overnight trading Nikkei index closed at 4-year high. European markets advanced led by DAX index in Germany adding 0.7%. AFTER CLOSE: Nortel narrows Q3 loss. Qualcomm, 32 cents vs. 23 cents. Prudential Financial, $2.59 vs. $1.08.
Elena
02 Nov, 2005
New York City
The Department of Energy reported another increase in crude oil inventories of 2.7 million barrels, rising to 319.1 million barrels in the week ended Oct 28. Time Warner reported 80% Q3 profit jump of 19 cents a share on 6% revenue growth, exceeding estimates of 17 cents a share. The company said it was lifting its stock buyback plan by $7.5 billion to $12.5 billion. Electronic Arts rises 5.3% and Symantec
Elena
02 Nov, 2005
New York City
The Japanese Nikkei hit a new four-year peak for a second consecutive session, rising 0.2% to 13,894,78. Time Warner reported 80% Q3 profit jump of 19 cents a share on 6% revenue growth, exceeding estimates of 17 cents a share. The company said it was lifting its stock buyback plan by $7.5 billion to $12.5 billion. The Nasdaq has risen on gains from Electronic Arts, up 5.3% and Symantec
Elena
02 Nov, 2001
New York City
Asian-Pacific markets closed higher, led by the Nikkei, hitting a new four-year peak of 0.2% to 13,894,78. European stocks lost ground at mid-day on earnings releases. On the earnings news front, Time Warner reported 80% Q3 profit jump of 19 cents a share on 6% revenue growth, exceeding estimates of 17 cents a share. The company said it was lifting its stock buyback plan by $7.5 billion to $12.5 billion.
Elena
02 Nov, 2001
New York City
Asian-Pacific markets closed higher, led by the Nikkei, hitting a new four-year peak of 0.2% rise to 13,894,78. European stocks lost ground at mid-day on earnings releases. On the earnings news front, Time Warner reported 80% Q3 profit jump of 17 cents a share on 6% revenue growth. The company said it was lifting its stock buyback plan by $7.5 billion to $12.5 billion.
123jump.com Staff
01 Nov, 2005
New York City
Market ignored better than earnings from Colgate, P&G, CMS Energy, Chesapeake and others. Rise of Fed funds rates, widely expected, dampened market mood as investors turned their focus to infaltion of after solid advances of three days. Domestic auto sales fell in October. Consttruction spending in September declines to 0.5% but stays elevated.
Elena
01 Nov, 2005
New York City
The worst performer of the session has proved to be the Utilities sector,currently down 2.1%, on disappointing Q3 earnings reports from Ameren, PPL Corp, and TXU Corp. Weakness in the Treasury market have also weighed on sentiment with bonds under pressure on the Oct ISM Index, up 84%, the highest since May 2004.
Elena
01 Nov, 2005
New York City
The Commerce Departrment reported that construction spending in October rose 0.5% to $1.12 trillion, hitting an all-time high on lower rates. The Institute for Supply Management issued a report on the U.S. economy''s industrial sector, which said its manufacturing index was at 59.1% in October, down from September''s 59.4%.
Elena
28 Oct, 2005
New York City
The U.S. Commerce Department revealed that Gross Domestic Product for the third quarter grew at an annual rate of 3.8%, an acceleration from the 3.3% growth rate shown during the previous 3-month period, and above expectations of 3.6% increase. Personal consumption expenditures climbed by 3.7% in the third quarter, the government said, an acceleration from the 3.3% growth recorded in the previous period.
Elena
01 Nov, 2005
New York City
Asian markets closed mostly higher, led by Kospi, up 2.7%, followed by the Nikkei, up 1.9%. European stocks consolidated at mid-day on weaker automakers and oil stocks, as well as warning from Dell. The computer giant released lowered preliminary Q3 earnings outlook and revenue far below projections, citing sales decrease. Procter&Gamble and Colgate-Palmolive Co released third-quarter profit rise, beating and in line with estimates respectively.
