|
|
|
Apple Earnings up 41%
Apr 19, 5:52 PM EDT |
|
| After the Close Earnings: AAPL - 47 cents vs. 34 cents a year ago. EBAY - 17 cents vs 19 cents. Intel 23 cents vs 35 cents. |
|
| Market attempted a rise in the morning hours of trading but rise in March CPI blunted market advance in the mid-afternoon trading. Gold and silver rose at close and oil rose modestly. Yahoo, Texas instruments and General dynamics rose during regular hours of trading on earnings. AMR reported lower losses. Emerging markets in Brazil, Russia and Indonesia closed higher. |
|
|
Full Story... |
Gold, Oil Lift Emerging Markets
Apr 19, 4:50 PM EDT |
|
| Brazil and South Africa led emerging markets around world. Emerging Markets in general rose as international prices of metals and oil advanced. |
|
| Emerging markets scaled new heights in Asia and Latin America. Firm interenational price of metal and energy prices supported a rise in indexes in South Africa, Indonesia, Brazil and Russia. Mexico rose ahead of earnings season. India gained as cement and sugar companies reported earnings. |
|
|
Full Story... |
Tech Stocks Fall on Earnings
Apr 19, 2:54 PM EDT |
|
| Tech stocks fall despite rising earnings from IBM, Texas Instruments and Motorola. Yahoo report 33% rise in revenue. |
|
| Market averages meandered in the afternoon trading. March CPI report put equity investors in the cautious mood and weekly Petroleum statistics cooled rise in petroleum prices. IBM and Motorola earnings failed to excite tech investors. Yahoo reported a rise of 33% in revenue and forecasted to have 16 million paid memebers in the subscription services by the end of the year. |
|
|
Full Story... |
Rate Hopes Lift Europe
Apr 19, 12:50 PM EDT |
|
| Shares of Dutch chip-equipment maker ASML Holding rose 3.5% on strong Q2 forecast and a 400 million euro stock buyback. |
|
| European markets extended earlier gains to close sharply higher, boosted by hopes that the Fed Reserve will stop raising interesrt rates. Construction, household goods and utilities stood out as leading gainers among stocks. The German DAX 30 climbed 1.5%, the French CAC 40 rose 1.2%, while London FTSE 100 advanced 0.7%. |
|
|
Full Story... |
BlackRock Climbs 7%
Apr 19, 11:46 AM EDT |
|
| After several weeks of gains, crude oil inventories fell by 800,000 barrels for the week ended April 14. Gasoline stocks further dropped. |
|
| U.S. stocks traded little changed Wednesday as disappointing inflation data overshadowed optimism over corporate results. Yahoo advanced 7% after reporting Q1 earnings rise, in line with estimates. United Technology was the best Dow component, jumping 5.6% on a better-than-expected increase in quarterly earnings and lifted 2006 profit outlook. BlackRock jumped 6.6% on Q1 earnings rise of 52%, driven by higher asset-management fees. |
|
|
Full Story... |
Cement, Sugar Stocks Lead India
Apr 19, 10:37 AM EDT |
|
| Sensex rallied for the third day in a row in a volatile trading session. S&P revised country debt from stable to positive. |
|
| Sensex Index gained 0.6% on steady buying in large cap stocks. Cement, metals, sugar and select pharma stocks rose in the afternoon session. Debt revision from a rating agency helped the market sentiment. Metals stocks rallied as international price of aluminum and copper rose. Hindalco, SAIL and Tata Steel led advancers. |
|
|
Full Story... |
Yahoo Gains 7% on Profit
Apr 19, 10:11 AM EDT |
|
| The Labor Department said that its Maech consumer price index rose 0.4% in line with estimates, following a 0.1% increase in February |
|
| Stocks opened higher on robust corporate results, but disappointing inflation data limited gains. Honeywell International reported Q1 net income of 52 cents a share, up vs. 42 cents a share last year on 12% sales growth, exceeding estimates. Pfizer topped expectations, posting Q1 earnings rise of 56 cents a share, despite decrease in revenue. Yahoo advanced 7% after reporting Q1 earnings rise, in line with estimates. |
|
|
Full Story... |
Pfizer Tops Estimate
Apr 19, 9:11 AM EDT |
|
| Crude oil prices retreated to $71, remaining close to record highs. European gold surged to $623 per troy once. The U.S. dollar lost ground. |
|
| A number of Dow components advanced in pre-market trading on quarterly results. Honeywell International reported Q1 net income of 52 cents a share, up vs. 42 cents a share last year on 12% sales growth, exceeding estimates. Pfizer topped expectations, posting Q1 earnings rise of 56 cents a share, despite decrease in revenue. J.P. Morgan Chase & Co. reported 35% income rise in Q1 of 86 cents a share, beating estimates. |
|
|
Full Story... |
European Stocks Gain
Apr 19, 8:24 AM EDT |
|
| Dutch chip-equipment maker ASML Holding gained 1.6% after reporting worse-than-forecast 20% profit decline but strong Q2 forecast. |
|
| European shares posted solid gains at mid-day, following the best one-day performance yesterday on hopes that the U.S. interest rate-tightening cycle was close to an end. The German DAX 30 led advancers, climbing 1.4%, followed by the French CAC 40 which rose 1.1%, and London FTSE 100 which advanced 0.6%. |
|
|
Full Story... |
Asian Markets Rally
Apr 19, 7:54 AM EDT |
|
| In Tokyo at close, Fujitsu climbed 1.3%, Sony rose 2.1%, and Kyocera surged to 3.1%. |
|
| Asian markets posted solid gains at close, reflecting strength on Wall Street and speculations the Fed Reserve will stop increasing interest rates. The Nikkei rose 0.7% on tech and property stocks. South Korean Kospi advanced 1.3%, supported by Samsung Electronics and LG Electronics. Taiwan Weighted index gained 1.1%, Singapore Straits Times rose 0.9%, and Australia’s All Ordinaries was up 0.6%. |
|
|
Full Story... |
1
 |
|
