- Bikram Pandey
- 09 Jul, 2011
- New York City
U.S. indexes turned lower after unemployment rate increased to 9.2% and payrolls increased only 18,000 in June. The second weak monthly jobs data cast a long shadow on market sentiment and investors scaled back economic expansion outlook. Crude oil decreased and gold gained.
- Mukesh Buch
- 08 Jul, 2011
- New York City
Ameron International second quarter net income plunged. National Oilwell agreed to acquire Ameron in cash for $772 million. PriceSmart third quarter net income rose. FTI Consulting estimated second quarter revenues in the range of $395 million to $401 million.
- 123jump.com Staff
- 08 Jul, 2011
- New York City
The chipmaker net revenue for the first quarter fell 6% to $802.40 million. Net income declined 29% to $146.9 million in the quarter. Earnings dropped to 22 cents per share compared to 30 cents per share for the year-ago quarter.
- Arthi Gupta
- 08 Jul, 2011
- New York City
The UK indexes declined after producer prices rose 5.7% in June, driven by higher petroleum and food prices. News Corp may face a delay in the acquisition of British Sky Broadcasting after an outrage on its long practised journalism ethics at the largest selling tabloid.
- Arthi Gupta
- 08 Jul, 2011
- New York City
U.S. indexes futures edged lower after non-farm payrolls increased a meagre 18,000 and unemployment rate climbed to 9.2% in June. U.S. retailers reported best same store sales in seven years. Newport agreed to buy Ophir Optronics for $230 million.
- Nigel Thomas
- 08 Jul, 2011
- New York City
The benchmark index Nikkei in Tokyo closed at a 4-month high after the yen weakened and retailers lifted operating earnings outlook. Utilities rebounded a day after falling sharply on the stress test worries.
- Arthi Gupta
- 08 Jul, 2011
- New York City
German exports rebounded but manufacturing turnover fell in May. French May budget deficit widened and business sentiment fell in June and Swiss jobless rate remained flat in June. Hungary trade surplus surged in May.
- Marcus Jacob
- 08 Jul, 2011
- New York City
Australian stocks closed higher and the benchmark index gained 1.1%. The index added 1.4% for the week. Miners and financials led the gainers in trading. Four Jetstar aircrafts missed regular schedule and were grounded overnight for checking.
- Arthi Gupta
- 08 Jul, 2011
- New York City
The European indexes traded sideways and German exports gained 4.3% in May. NYSE Euronext shareholders approved merger with Deutsche Boerse. ING agreed to sell its car lease unit to BMW for $1 billion.
- Bikram Pandey
- 07 Jul, 2011
- New York City
U.S. indexes closed higher after a private survey estimated private sector payrolls increased 156,000 in June and weekly jobless claims fell 14,000. The larger than estimated increase in private sector lifted the Nasdaq and S&P 500 indexes more than 1%. Gold and crude oil advanced.
- Mukesh Buch
- 07 Jul, 2011
- New York City
AAR fourth quarter net income soared 32% but A. Schulman third quarter net income fell 28%. International Speedway second quarter sales fell. Lumber Liquidators revised expected net sales of second, third and fourth quarters.
- 123jump.com Staff
- 07 Jul, 2011
- New York City
The news, information, entertainment, and shopping portal said quarterly revenue rose 14% to $5.6 million. Net loss in the quarter narrowed 3% to $2.3 million. Net loss per ADS for the quarter was $0.084 as compared to a net loss per ADS of $0.082 for the same quarter last fiscal year.
- Arthi Gupta
- 07 Jul, 2011
- New York City
The UK indexes rose after the Bank of England held its key rate unchanged at 0.5% and maintained bond purchase program at
- Arthi Gupta
- 07 Jul, 2011
- New York City
U.S. indexes futures traded higher after weekly jobless claims fell 14,000. U.S. private sector employment rose more than anticipated and non-manufacturing index declined in June. The European Central Bank lifted key rates to curb inflation.
- Nigel Thomas
- 07 Jul, 2011
- New York City
Stocks in Japan halted a 7-day rally after fresh power supply worries. Trade ministry asked all nuclear power plants to undergo a stress test that may delay the resumption of many power plants and extend rolling power cuts this summer.