Bernanke Hearing Postponed Due To Weather
Federal Reserve Chairman Ben Bernanke's hearing before the House Financial Services Committee on Wednesday has been postponed due to the inclement weather forecast...
Obama Calls For Give And Take With GOP
President Barack Obama Tuesday called on Republican leaders to be more accepting of Democratic proposals, urging them to meet him halfway on major....
ABC News Consumer Confidence Improves Slightly
ABC News said on Tuesday that its consumer comfort index averaged minus 48 in the week ended February 8 compared to minus 49 a week ago.
The index is 6 points...
Japan Machine Orders Jump 20.1% In December
Private sector machinery orders in Japan surged by a seasonally adjusted 20.1 percent in January compared to the previous month, the Cabinet Office said on Wednesday.
That...
Australia December Home Loans Decline
The number of home loans extended in Australia in December declined by a seasonally adjusted 5.5 percent in December.
A seasonally adjusted total of 55,632 loans...
The Week In WashingtonLawmakers spent a busy week in Washington discussing the recently unveiled Fiscal Year 2011 budget, and the Democrats new jobs agenda
Dollar Drops Versus Euro Amid Greek Rescue Rumors
The dollar hit the skids versus the euro on Tuesday, paring its strong recent gains amid reports that the European Union may be coming to the rescue of debt-ridden Greece.
In hopes of containing the debt crisis that many fear...
Euro Rallies On Talk Of Greek Bail Out
The euro fought back against the dollar on Tuesday, improving from lows not seen since last spring after reports surfaced indicating that European leaders have agreed in principle on a package to bail out debt-ridden Greece.
Greece...
Wholesale Inventories Show Unexpected Decrease In December
While the Commerce Department released a report Tuesday morning showing an unexpected decrease in wholesale inventories in the month of December, the report also showed a continued increase in wholesale sales during the month.
The...
Diversified media and entertainment company Walt Disney Co. said Tuesday after the markets closed that its first quarter profit remained essentially flat with last year, as restructuring charges offset a slight increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
Baidu Q4 Profit Up 48.2%; Guides Q1 Revenue Above Estimates
Tuesday, Chinese internet search engine giant Baidu, Inc. reported increased earnings for the fourth quarter, helped by a 39.8% rise in online marketing revenues. Earnings for the quarter came in above analysts' estimate, as did revenues. Going forward, the company provided its first quarter revenue guidance, indicated to come in above current Street estimates.
IMS Health Q4 Profit Declines 27%
Healthcare market data provider IMS Health Inc. said Tuesday its profit for the fourth quarter declined 27% over last year, hurt by impairment charges as well as higher expenses.
Dionex Q2 Profit Down, Guides Q3, Revises FY10 Outlook - Update
2/9/2010 8:13:27 PM
Tuesday, analytical instrumentation and chemical company Dionex Corp. (DNEX), posted a modest decrease in profit for the second quarter on higher operating costs, despite an increase in revenue. The company....
HNI Slips To Loss In Q4 - Update
2/9/2010 8:01:03 PM
Tuesday, HNI Corp. (HNI) reported a loss for the fourth quarter due to a decline in sales across segments.
Net loss attributable to parent company was $10.77 million or $0.24 per share, compared with a net....
Terreno Realty Prices 8.75 Mln Common Shares IPO At $20/share - Update
2/9/2010 8:00:26 PM
Real estate investment trust Terreno Realty Corp. (TRNO) announced Tuesday the pricing for its initial public offering or IPO of 8.75 million shares of common stock of $0.01 par value per share at $20 per....
RenaissanceRe Holdings Swings To Profit In Q4 - Update
2/9/2010 7:52:10 PM
Reinsurance and insurance products and services provider RenaissanceRe Holdings Ltd. (RNR), Tuesday posted a profit for the fourth quarter compared to a loss last year, reflecting relatively low level of....
Emcore Q1 Loss Narrows; Guides Q2 Revenues - Quick Facts
2/9/2010 8:57:24 PM
Emcore Corp. (EMKR) reported a first quarter net loss of $13.64 million or $0.17 per share, compared to a loss of $53.45 million or $0.69 per share in the same period last year.
After excluding certain...
Micron To Acquire Numonyx Holding In All-stock Transaction - Quick Facts
2/9/2010 8:31:03 PM
STMicroelectronics (STM) announced that, together with its partners Intel Corp.(INTC) and Francisco Partners, it has entered into definitive agreement with Micron Technology Inc.,(MU). Under deal, Micron...
Douglas Emmett Q4 FFO Declines; Guides 2010 FFO Per Share - Quick Facts
2/9/2010 8:20:43 PM
Douglas Emmett, Inc. (DEI) reported a fourth quarter net loss attributable to common stockholders of $8.91 million or $0.07 per share, compared to a loss of $6.37 million or $0.05 per share in the same...
Micron Technology To Buy Numonyx For US$1.27 Bln In Stock - Quick Facts
2/9/2010 7:43:55 PM
Micron Technology, Inc. (MU) announced that it has entered into an agreement with Numonyx Holdings B.V., under which Micron has would acquire privately held Numonyx in an all-stock transaction valuing...
Hopes of Diffusion of European Debt Crisis May Lead to Some Bargain Hunting
The major U.S. index futures are pointing to a higher opening on Tuesday, with European debt concerns receding following indications from European Commission officials that they may step in to save Greece from getting mired in the debt crisis. Commodity prices are extending their gains and this coupled......
(complete analysis)
TSX Jumps On Greece Rescue Rumors
Led by commodity stocks, Toronto's main index advanced Tuesday, erasing the previous session's losses. Speculation....
CANADA
TSX Closes Higher Driven By Commodities
2/9/2010 8:12:20 PM
In the backdrop of slightly eased euro-zone concerns and a weaker greenback, Canadian stocks posted notable gains Tuesday. Gold and metals sectors led the gainers, firmly supported by energy and financials.
The S&P/TSX Composite Index ended higher at 158.94 points or 1.43% to 11,274.24. The index,......
Bay Street Rebounds Tuesday Morning
2/9/2010 11:11:28 AM
Canadian stocks stormed out to early gains and remain firmly positive in mid-morning deals Tuesday amid widespread buying. Marginal strength in commodity prices and speculation that Greece will get European help to tackle its budget deficit helped lift investor sentiment. Moreover, value buying at lower......
TSX Succumbs To Broad Sell-Off, Resumes Downtrend
2/8/2010 5:07:55 PM
Toronto stocks stumbled badly to the finish line on Monday, after moving sideways most the day in the absence of any major market-moving data.
Speculation that stocks ran ahead of the fragile global economic recovery have caused fueled this month's orderly sell-off.
The S&P/TSX Composite Index......
European Shares May Retreat
The European markets are seen opening lower Tuesday, as investors take cues from the Dow average which shed 103....
ASIA-PACIFIC
South Korean Market Pares Early Gains
After moving up sharply in early trades on Wednesday on positive cues from Wall Street, the South Korean stock....
Indian Market Seen Higher
The Indian market is seen opening higher on Wednesday as concerns that Greece's deficit may lead to sovereign....
Ridley Q2 Profit Rises - Quick Facts
2/9/2010 9:09:43 PM
Ridley Inc. (RCL.TO) reported its second quarter net earnings of US$5.02 million or US$0.37 per share, compared to....
Microchip Technology To Present At The Thomas Weisel Partners 2010 Technology And Telecom Conference; Webcast At 6:15 PM ET
QuickLogic Corp Q4 & FY09 Earnings Conference Call At 5:30 PM ET
Web.com Q4 09 Earnings Conference Call At 5:00 PM ET
Cascade Microtech Q4 09 Earnings Conference Call At 5:00 PM, ET
Drugstore.com Q4 09 Earnings Conference Call At 5:00 PM, ET
Rubicon's Glowing Outlook – Stocks To Watch
2/9/2010 8:45:13 AM
Rubicon Technology, Inc. (RBCN), a provider of sapphire substrates to the lighting, optical and semiconductor industries, expects to return to profitability in the first quarter, on...
Natural Blue Resources In The Watch List – Penny Stock To Watch
2/8/2010 9:51:42 AM
Natural Blue Resources, Inc. (NTUR.OB) said its affiliate Enso Steel, Inc. has signed three contracts to sell recycled steel for a total price of $13.4 million to China-based customers....
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