- Bikram Pandey
- 31 Aug, 2011
- New York City
The U.S. stocks closed higher after factory orders rose 2.4% in July. The narrow index of large companies turned positive and telecom stocks were under pressure after the Justice Department blocked the $39 billion merger between AT&T and T Mobile.
- Mukesh Buch
- 31 Aug, 2011
- New York City
Bombardier second quarter net income surged 53% to $211 million. DryShips reported second quarter net loss of $114.1 million. Joy Global third quarter net income soared 46% to $173.11 million. Lions Gate said Carl and Brett Icahn agreed to sell up to 44.2 million shares to the company.
- Arthi Gupta
- 31 Aug, 2011
- New York City
The UK indexes extended gains of more than 2% for the second day in a row. UK consumer confidence dipped in August. Irish jobless rate rose to eight-month high in August. Tesco decided to sell its business in Japan.
- Arthi Gupta
- 31 Aug, 2011
- New York City
The U.S. indexes traded higher and the private sector employment rose in August but mortgage and refinancing activity fell. Carl Icahn agreed to sell his stake in Lions Gate Entertainment. AT&T proposed to bring back 5,000 jobs as a condition of T Mobile merger approval.
- 123jump.com Staff
- 31 Aug, 2011
- New York City
The apparel and home accessories retailer sales for the quarter increased 9% to $2.09 billion, with comparable store sales up 5% on top of a 4% gain in the prior year. Net earnings in the quarter rose 15% to $148.3 million. Earnings per share rose to $1.28 from $1.07 per share a year-ago quarter.
- Nigel Thomas
- 31 Aug, 2011
- New York City
Stocks in Japan edged up a fraction and extended rally for the fifth day in a row. Automakers, banks and trading companies led the advancers. The Yen traded near its 25-year high. Taiheiyo Cement plunged 14% after it proposed to a stock offering.
- Marcus Jacob
- 31 Aug, 2011
- New York City
The Australian stocks traded higher and the dollar was firm. Traders are betting that the dollar to rise as much as $1.20 on the sustained exports to China and other nations in Asia. The Rock agreed to a merger with MyState on 40% premium.
- Arthi Gupta
- 31 Aug, 2011
- New York City
Euro-zone inflation was steady at 2.5% in August and unemployment was at 10% in July. German unemployment declined but Italy''s annual inflation increased in August. Norway
- Arthi Gupta
- 31 Aug, 2011
- New York City
European indexes rose after German lawmakers approved reforms to the European rescue fund. The euro area jobless rate remained flat at 10% in July. National Bank of Greece swung to first-half loss. Bouygues announced a share repurchase worth
- Bikram Pandey
- 30 Aug, 2011
- New York City
The U.S. indexes rebounded in the afternoon after dropping as much as 1%. The consumer confidence index declined to the lows last seen in April 2009 and metropolitan home price index declined in June. Exxon Mobil Corp and OAO Rosneft reached an agreement to explore Arctic oil.
- Nigel Thomas
- 30 Aug, 2011
- New York City
Stocks in Tokyo traded higher for the third day in a row. Japan elected Yoshihiko Noda, sixth prime minister in five years. Sony Corp and Hitachi and Toshiba are expected to form venture to make liquid crystal displays. Banks closed higher and energy linked stocks rebounded.
- Mukesh Buch
- 30 Aug, 2011
- New York City
Dollar General second quarter net income increased 3.4% to $146.04 million. DSW second quarter net income soared 43.7% to $33.7 million. Peabody agreed for takeover of Macarthur Coal valuing A$4.8 billion. Bank of Nova Scotia third quarter net income increased 18% to $1.3 billion.
- Arthi Gupta
- 30 Aug, 2011
- New York City
The UK indexes gained after mortgage approvals increased and M4 money supply fell in July. BP inked $7.2 billion deal with India-based Reliance Industries. Bunzl surged 4.3% after first-half revenues grew 4% to
- Arthi Gupta
- 30 Aug, 2011
- New York City
U.S. indexes traded lower ahead of the consumer confidence report and the minutes of the FOMC meeting held in August. Bank of America agrees to sell its partial stake in China Construction Bank.
- Arthi Gupta
- 30 Aug, 2011
- New York City
Euro-zone economic confidence slumped but Italy business sentiment strengthened in August. Portuguese retail sales increased and. Swiss consumption indicator fell in July. Polish economy expansion flat in the second quarter.