Tuesday, February 07, 2012

Quick Overview

  • KO profit was 79 cents a share, exceeding the 77-cent average estimate.

  • MoM Japan's coincident index posted an increase of 2.9 points in December, the first expansion in two months.

  • The Reserve Bank of Australia  left rates unchanged at 4.25%.

  • Disney’s net income in the October through December period rose to $1.46 billion, or 80 cents per share, from $1.30 billion, or 68 cents per share, a year earlier. Q1 Profit rose 12%.

  • Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend school. Consumer borrowing rose by $19.3 billion.

  • BP hiked its quarterly dividend by 14 %

  • China’s gold imports from Hong Kong more than trebled in 2011 from the year before, hitting a record 428 tonnes.

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