iStock_000008916990XSmallFMX | Connect – www.fmxconnect.com - (Reported 6/25/2010)





 

 

 

 

 

  • Asian stocks decline on US growth, Greek default concerns.
  • German luxury carmakers add shifts and cut breaks to meet demand
  • Monsoon rains may be more than predicted, helping output of crops in India.
  • Mortgage rates on 30-Year U.S. loans slide to record 4.69%
  • Yen near two-week high against Euro on speculation global economy slowing.
  • Adobe enters into stock repurchase agreements for $400M.
  • Alibaba.com buys US e-Commerce site Vendio to boost sales outside China.
  • AO Smith lowers 2010 EPS below consensus, due to one-time charge from flood.
  • Banco Santander SA to buy a $3.2B automobile-loan portfolio from Citigroup Inc.
  • Boeing says 787s may need new tail parts after inspections.
  • Campbell Soup to sell German Village Products Pasta Plant; financial terms not disclosed.
  • Chicago City Council allows Walmart to open its second store in the city.
  • China's SAIC Motors aims to raise up to $1.5B in share placement.
  • ConAgra Foods' Q4 earnings declined 48% to $90.2M; sales fell 5% to about $3.1B.
  • Discover Fincl Srvcs reported a 14% jump Q2 profits on improving credit trends.
  • Finish Line beats by $0.09, reports Q1 EPS of $0.25. Revenues rose 9% to $282.4M.
  • Hasbro Inc. said it is not interested in going private.
  • H&R Block's April net income declined slightly from $707M last year to $691M this year.
  • Lennar swung to a profit of $39.7M, helped by higher revenue and lower land-related charges.
  • Lukoil allocates $5B to finance Iraq west Qurna-2 field development
  • Mizuho plans $9.6B share sale to lift capital after investment loss
  • Morgan Stanley pays $102M to Massachusetts as settlement over its subprime lending practices.
  • Oracle Q4 profit tops estimates; net up 25% to $2.36B. Sees Q1 EPS at $0.35-0.37.
  • Research In Motion beats by $0.04, misses on revs; guides Q2 EPS above consensus.
  • SAIC aims to raise up to $1.5B in share placement
  • TIBCO Software posted Q2 EPS of $0.15 (cons $0.13); revs rose 21.4% to $173.3M.

 

Source: ZeroHedge


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