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Global Market Update
General Mills Q4 Earnings Call Transcript
Jul 16, 2009 11:32 PM ET
General Mills fourth quarter revenue rose 5% to $3.65 billion and net inocme nearly doubled to $358.8 million due to hedging impacts and increasing eat at home habits. Earnings per share were $1.07 up from 53 cents a year-ago. >>
Gloabl Markets Advance on Earnings Outlook
General Mills fourth quarter revenue rose 5% to $3.65 billion and net inocme nearly doubled to $358.8 million due to hedging impacts and increasing eat at home habits. Earnings per share were $1.07 up from 53 cents a year-ago. >>
Jul 16, 2009 5:23 PM ET
Earnings were in world markets as investors digest earnings from banks, technology companies. Nokia and Marriott declined on weak outlook and banks dropped ahead of earnings. CIT plunged 75% as the century old lender failed to gain additional financial support from the U.S. >>
CIT Plunges 75% After Government Talks Fail
Earnings were in world markets as investors digest earnings from banks, technology companies. Nokia and Marriott declined on weak outlook and banks dropped ahead of earnings. CIT plunged 75% as the century old lender failed to gain additional financial support from the U.S. >>
Jul 16, 2009 4:05 PM ET
CIT, the lender to small businesses and retail trade for more than a century is struggling to negotiate debt workout with its major lender after its negotiations with the government agencies failed. The lender may need more than $4 billion to avoid bankruptcy. >>
UK 4-Day Rally; Henderson, Autonomy Drop
CIT, the lender to small businesses and retail trade for more than a century is struggling to negotiate debt workout with its major lender after its negotiations with the government agencies failed. The lender may need more than $4 billion to avoid bankruptcy. >>
Jul 16, 2009 3:05 PM ET
UK stocks advanced as global stock and commodities markets continue to rise. The benchmark index closed higher for the fourth day in a row. Lloyds Banking eliminates more staff. Autonomy dropped after it reported 67% increase in earnings. Henderson dropped after it issued weak earnings outlook. >>
Intel Q2 Earnings Call Transcript
UK stocks advanced as global stock and commodities markets continue to rise. The benchmark index closed higher for the fourth day in a row. Lloyds Banking eliminates more staff. Autonomy dropped after it reported 67% increase in earnings. Henderson dropped after it issued weak earnings outlook. >>
Jul 16, 2009 1:20 PM ET
The semiconductor chip maker net revenue declined 15% to $8 billion in the quarter. Net quarterly loss was $398 million as a result of the European Commission fine of $1.45 billion. The company lost 7 cents a share compared to earnings of 28 cents a share the prior-year quarter. >>
Earnings at JP Morgan Up 36%, Marriott Down 76%
The semiconductor chip maker net revenue declined 15% to $8 billion in the quarter. Net quarterly loss was $398 million as a result of the European Commission fine of $1.45 billion. The company lost 7 cents a share compared to earnings of 28 cents a share the prior-year quarter. >>
Jul 16, 2009 4:56 PM ET
CIT Group led the decliners in the S&P 500 index with a loss of 74.7%. Kinder Morgan Energy Partners second quarter net profit slumps. Stanley Furniture second quarter loss widens. Brightpoint announces pricing of a 15 million common stock offering by a shareholder. >>
China Stocks Fall on Valuation Worries
CIT Group led the decliners in the S&P 500 index with a loss of 74.7%. Kinder Morgan Energy Partners second quarter net profit slumps. Stanley Furniture second quarter loss widens. Brightpoint announces pricing of a 15 million common stock offering by a shareholder. >>
Jul 16, 2009 4:56 PM ET
Stocks in Shanghai traded higher in the morning but close lower on the valuation worries. Sinotruk surged 15% after MAN SE acquired 25% stake in the company. Jiangxi Copper added nearly 4% on strong commodities prices. >>
Goldman Sachs Q2 Earnings Call Transcript
Stocks in Shanghai traded higher in the morning but close lower on the valuation worries. Sinotruk surged 15% after MAN SE acquired 25% stake in the company. Jiangxi Copper added nearly 4% on strong commodities prices. >>
Jul 15, 2009 11:29 AM ET
The bank holding company reported net revenues rose 46% to $13.8 billion in the quarter. Net quarterly earnings surged 65% to $3.4 billion helped by record revenues in fixed income, currency and commodities unit. Earnings per share increased to $4.93 from $4.58 a year-ago quarter. >>
Chinese Economy Expands 7.9%
The bank holding company reported net revenues rose 46% to $13.8 billion in the quarter. Net quarterly earnings surged 65% to $3.4 billion helped by record revenues in fixed income, currency and commodities unit. Earnings per share increased to $4.93 from $4.58 a year-ago quarter. >>
Jul 16, 2009 10:22 AM ET
Economic growth in China accelerates in the second quarter to 7.9% from 6.1% in the first quarter as the stimulus reaches many sectors of the economy. Consumption and investment contributed to the growth but the fall in trade surplus deducted the expansion. >>
India inflation Falls; Sterlite $1.5 B Offering
Economic growth in China accelerates in the second quarter to 7.9% from 6.1% in the first quarter as the stimulus reaches many sectors of the economy. Consumption and investment contributed to the growth but the fall in trade surplus deducted the expansion. >>
Jul 16, 2009 9:19 AM ET
Sterlite Industries is in process of raising $1.5 billion to fund its power generation business. Indian government plans to raise $22.5 billion by the end of September to fund its budget deficit and infrastructure development. Larsen & Toubro and Bajaj Auto earnings surge. >>
Sterlite Industries is in process of raising $1.5 billion to fund its power generation business. Indian government plans to raise $22.5 billion by the end of September to fund its budget deficit and infrastructure development. Larsen & Toubro and Bajaj Auto earnings surge. >>
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc