51Job Gets The Job Done
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China’s 51job (Nasdaq: JOBS) is getting pretty good at this quarterly performance review. The company behind the job-listings website and the 51job Weekly employment classifieds publication, which serves nearly two dozen Chinese provinces, delivered another strong quarter last night.
Revenue climbed 18% to $33.7 million. Earnings, after backing out share-based compensation and a foreign exchange hit, [...]
HEADLINE STOCKS U.S. stocks on the move on April 4
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NEW YORK, April 4 (Reuters) - Some U.S. stocks on the move
on Friday:
CORINTHIAN COLLEGES INC (COCO.O: Quote, Profile, Research)
CAREER EDUCATION CORP (CECO.O: Quote, Profile, Research)
ITT EDUCATION (ESI.N: Quote, Profile, Research)
DEVRY INC (DV.N: Quote, Profile, Research)
APOLLO GROUP (APOL.O: Quote, Profile, Research)
As Friday’s jobs report signaled more gloom about the [...]
US STOCKSMarket rises on energy shares economy hopes
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By Cal Mankowski
NEW YORK, April 4 (Reuters) - U.S. stocks rose on Friday as
energy shares gained on higher crude oil prices and investors
bet that a report showing an unexpectedly large drop in March
payrolls could keep the Federal Reserve on track to revive a
sputtering economy.
For the week, the market was poised to post [...]
US STOCKSMarket slips on deeper job losses
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By Jennifer Coogan
NEW YORK, April 4 (Reuters) - U.S. stocks edged lower on
Friday after news of an unexpectedly large decline in payrolls
tempered earlier optimism about the jobs market, but the market
was still poised to end the week on a high note.
Shares of for-profit education companies were trading
higher on expectations that a dimming [...]
UPDATE 1RESEARCH ALERTMorgan Keegan downgrades Apple
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April 8 (Reuters) - Morgan Keegan downgraded Apple Inc
(AAPL.O: Quote, Profile, Research) to “underperform” from “market perform,” citing
mounting evidence of weakness in consumer technology spending
in the United States and Europe.
Analyst Tavis McCourt said although Apple was clearly
gaining share in the education vertical, a slowdown in
education spending is likely this year, based on current [...]
Yang#39;s 2 Blackjack EBay Failure Leave Yahoo Unready (Update2)
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Feb. 11 (Bloomberg) — Fourteen years after publishing his
first guide to the Internet from a Stanford University trailer,
Jerry Yang isnt ready to see his creation absorbed by the
worlds largest software company.
Yahoo! [...]
Wall Street falls after weak economic data sparks concern about recession
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NEW YORK The stock market finished with a sharp loss Thursday after bleak readings on the economy heightened investors’ fears of a recession. The Dow Jones industrial average fell more than 140 points.
Wall Street was disappointed when the Philadelphia Federal Reserve reported that regional manufacturing [...]
Bain Capital to buy Bright Horizons for 1.3 bln
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NEW YORK (Reuters) - Bright Horizons Family Solutions Inc (BFAM.O: Quote, Profile, Research), a provider of employer-sponsored child care and early education, said on Monday it would be bought by private equity firm Bain Capital for $1.3 billion.
The deal highlights a major shift going on in the private equity sector, where the credit crunch and [...]
Supply And Demand In Currency Markets
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The foreign exchange (or Forex) market, just like every other market in the world, is driven by supply and demand. In fact, understanding the concept of supply and demand is so important in the Forex market that we are going to take a step back into Economics 101 for a moment to make sure we’re [...]
