Mar 31, 2009 10:55 PM ET
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.
Mar 31, 2009 11:33 AM ET
The open source software developer fourth quarter revenue grew 18% to $166.2 million riding on record software license sales while earnings dropped 27% to $16 million. Earnings per share were 8 cents against 10 cents in the year ago quarter.
Mar 31, 2009 11:22 AM ET
Tiffany''s sales for the fourth quarter dropped 20% to $841.2 million and net earnings plunged 75.6% to $31.1 million. Earnings per share were 25 cents compared with 96 cents last year. For the full year, net earnings dropped 26% to $1.74 per share.
Mar 31, 2009 2:35 AM ET
The athletic footwear and apparel maker quarterly revenues declined 2% to $4.4 billion. Net quarterly income dipped 47% to $243.8 million hurt by an impairment charge. Earnings per share fell to 50 cents from 92 cents in the year-ago quarter. Worldwide futures orders declined 10% to $6.5 billion.
Mar 30, 2009 7:11 PM ET
European market indexes declined sharply across the region. Automakers and banks led the decliners list on the worries that GM may be faced with the prospect of bankruptcy and Chrysler and Fiat must agree on terms of collaboration before the receipt of $6 billion bailout aid.
Mar 30, 2009 7:21 PM ET
U.S. stocks dropped after investors faced bankruptcy prospect at General Motors, more government aid to banks and sharp decline in earnings at the largest aluminum company in China. Metals and crude oil declined in New York, Europe and Asian trading. Markets in Europe and Japan dropped 4%.
Mar 30, 2009 1:04 PM ET
Lincoln National Corporation led the decliners in the S&P 500 index after it failed to qualify for federal assistance. General Motors declined after it forced out its chief and may seek bankruptcy court protection. Banks led the decliners in the sell-off.
Mar 30, 2009 6:03 PM ET
U.S. stocks declined on the worries that GM may not be able to avert bankruptcy. General Motors dropped 22%. Citigroup, Wells Fargo, Bank of America and Lincoln National fell sharply after Treasury Secretary suggested that banks will need more money from the government.
Mar 29, 2009 5:54 AM ET
The restaurateur total sales from continuing operations decreased 0.7% to $1.8 billion on same-restaurant sales fall of 3.2% in the quarter. Net quarterly earnings declined 6.4% to $108.1 million. Earnings per share decreased to 78 cents from 80 cents in the prior-year period.
Mar 28, 2009 2:16 AM ET
Walgreen second quarter sales rose 7% to $16.5 billion on comparable store sale rise of 1.3% and earnings declined 6.7% to $640 million. Earnings per share were 65 cents against 69 cents in the year ago quarter.