Established 1999
123jump.com - U.S. Financial Information Archive: 90,000 Annual and 10-K reports – 20,000 Global news stories - 3,500 IPO reports - 1,700 - Earnings Calls – 320 Fund Interviews – 10-year Annual earnings on 4,500 stocks – 20 Quarterly earnings on 3,600 stocks – 1,800 IPO prospectuses – 1,200 Economic data releases
     
   
 
Market Update : 
ExxonMobil Falls; Visa, MasterCard Raised
Author: 123jump.com Staff
123jump.com
Last Update: 4:38 PM EDT May 01 2008

(Continued)

Email article | Print article

U.S. stocks traded higher in the morning trading after the release of weekly jobless claims and personal income and expenditure data. Weekly jobless claims increased 35,000 at the end of last week and personal income in March rose 0.3% and personal consumption expenditure rose 0.4%. Exxon Mobil earnings fell short of expectations and stock fell 4%. UBS raised its price target for MasterCard to $350 from $275 and for Visa to $100 from $88.

 
On oil equivalent basis production decreased 5.6% and excluding Venezuela divestments the production was down 3%.

Asian markets review

In Tokyo Nikkei 225 Index closed lower 83.13 or 0.60% to 13,766.86, in Australia ASX 200 index lower 9.60 or 0.17% to close 5,585.80. Markets in Hong Kong, Malaysia, South Korea, Thailand, Indonesia and India were closed today.
  1  2 More: Market Update Archive

 
 
© 1999-2008 123jump.com. All rights reserved