- Arthi Gupta
- 23 Mar, 2011
- New York City
Euro-zone industrial new orders rose more than estimated in January. German leading indicator rose in January. Hungarian retail sales increased in January. Danish consumer confidence deteriorated in March. Swedish economic sentiment indicator dropped in March.
- Devan Biswas
- 23 Mar, 2011
- New York City
Stocks in Mumbai traded higher on the confidence that rising crude oil prices will not derail economic growth and corporate earnings. The Sensex index gained 1.2%. The Lok Sabha, the lower house of the Parliament approved the Finance Bill 2011.
- Nigel Thomas
- 23 Mar, 2011
- New York City
Nervous investors in Japan sold stocks after Tokyo Electric Power struggled to restore power at the disaster stricken power plant and Japan halted consumption of food from northern region. The Bank of Japan stopped adding liquidity. Automakers decline. Izumiya soars on higher earnings.
- Marcus Jacob
- 23 Mar, 2011
- New York City
Australian stocks traded in the positive zone but failed to make a significant advance. Virgin Blue issued its fourth earnings warning in a year and estimated full year loss of as much as $80 million. David Jones said first half net increased 5.2% on flat sales but left the outlook unchanged.
- Bikram Pandey
- 22 Mar, 2011
- New York City
U.S. indexes rested after a 3-day rally and ignored the rising tensions in the Middle East and the spread of violence to Bahrain, Yemen and Oman. Uranium miners rebound and natural gas explorers rest in trading. Euro-zone nations increase bailout fund size and UK inflation picks up.
- Arthi Gupta
- 22 Mar, 2011
- New York City
The UK indexes declined after annual inflation accelerated more-than-estimated in February. UK public borrowing rose and manufacturers forecasted robust growth. Cairn Energy fiscal year 2010 net and revenue surged. Punch Taverns plans to cut its pubs portfolio in half.
- Mukesh Buch
- 22 Mar, 2011
- New York City
Carnival first quarter net income fell to $152 million. Dollar General fourth quarter net income soared 6.4% to $222.5 million. Jefferies Group first quarter net earnings increased 21% to $87.3 million. Walgreen second quarter net earnings increased to $739 million.
- Arthi Gupta
- 22 Mar, 2011
- New York City
U.S. indexes traded mixed after a 3-day rally lifted the Dow 3.5%. Research in Motion scheduled its launch of tablet on April 19. Japan struggles with the radioactive leak and allied attacks fail to dislodge Gaddafi stronghold in Benghazi.
- Arthi Gupta
- 22 Mar, 2011
- New York City
European indexes traded sideways after German exports rose in the fourth quarter. Euro area finance ministers decided to increase capital base of permanent bailout fund to
- Devan Biswas
- 22 Mar, 2011
- New York City
Stocks in Mumbai opened higher and added as much as 1% but settled lower. The ruling coalition introduced two bills in the Parliament to reform banking sector and to transition to the value-added-tax regime.
- Nigel Thomas
- 22 Mar, 2011
- New York City
Stocks in Tokyo rebounded 4.4% after investors focused on reconstruction efforts. Builders, steelmakers and construction companies led the gainers in Tokyo trading however the situation is far from settled. The focus shifted to food contamination and seawater radiation.
- 123jump.com Staff
- 22 Mar, 2011
- New York City
Australian stocks closed flat after Japan cited more progress in averting a nuclear meltdown. However, the situation at the troubled Fukushima power plant remains tenuous. Natural gas explorer declined after a weeklong rally.
- Bikram Pandey
- 21 Mar, 2011
- New York City
U.S. stocks extended world markets gains and crude oil prices rebounded as much as 2%. Allied forces led by UK and France conducted bombing strikes in Libya and international criticism mounted. AT&T deal with T-Mobile may face substantial regulatory hurdles.
- Nigel Thomas
- 21 Mar, 2011
- New York City
UK stocks soared tracking the gains in the European markets. Crude oil increased after UK and France led military attacks in Libya. Regus soared more than 15% after it estimated higher income in the current year. Jupiter Fund Management said its annual net soared six-fold.
- Mukesh Buch
- 21 Mar, 2011
- New York City
AIG released first quarter preliminary pre-tax insurance loss of $1.0 billion. AT&T agreed to acquire T-Mobile from Deutsche Telekom for $39 billion. Charles Schwab agreed to acquire optionsXpress for $1 billion in stocks. Tiffany fourth quarter net income soared to $181.2 million.