- Chandrasekhar Atreya
- 24 Jan, 2011
- New York City
Japanese stocks gain for the first time in three days led by automakers. The Japanese Diet starts its 177th session today. Cabinet Office predicts the government debt is likely to touch 1,000 trillion yen by 2015. Toyota Motor sold 7.53 million vehicles in 2010.
- Chandrasekhar Atreya
- 24 Jan, 2011
- New York City
Stocks in Sydney gain led by banks. Retailers closed lower. The PPI growth in December quarter was weaker-than-expected at 0.1%. Insurance claims from Queensland flood touch $1.2 billion. Rio Tinto expressed optimism for its $3.9 billion offer for Riversdale Mining.
- Bikram Pandey
- 21 Jan, 2011
- New York City
U.S. stocks rallied in the early trade but struggled in the afternoon. Better than expected earnings from GE and Google lifted indexes and improved confidence in Germany also contributed to positive sentiment in Europe. Copper, coffee and cotton gained in commodities trading. Euro gained 0.8%.
- Mukesh Buch
- 21 Jan, 2011
- New York City
Air Products and Chemicals first quarter revenues were increased 10% to $2.39 billion. Bank of America net of interest expense fell 11% to $22.6 billion. Google Inc. fourth quarter revenues increased 26% to $8.44 billion. General Electric fourth quarter revenues increased 1% to $41.38 billion.
- Arthi Gupta
- 21 Jan, 2011
- New York City
The UK indexes edged higher tracking the gains in U.S. and Asia. UK retail sales fell more-than-estimated impacted by heavy snowfall and higher prices. Ireland planned to levy tax on bankers'' bonuses. Mouchel rejected Costain''s revised offer and said significantly undervalues the business.
- Arthi Gupta
- 21 Jan, 2011
- New York City
The European indexes gained after German business confidence improved in January. Euro-zone consumer sentiment declined in January and current account deficit narrowed in the third quarter. French manufacturing confidence soared and Portugal PPI rose in December.
- Arthi Gupta
- 21 Jan, 2011
- New York City
U.S. indexes rose after General Electric reported better-than-estimated earnings but Bank of America loss widened. St. Jude Medical reached a settlement with U.S. regulators. Google Inc quarterly revenues rose 26% and net soared 29% and also appointed co-founder as its chief executive.
- Chandrasekhar Atreya
- 21 Jan, 2011
- New York City
Stocks in Mumbai moved in a narrow range to close lower for the day and gained 0.8% in the week. Jindal Steel & Power plans to export a million tons of iron ore concentrate from its Bolivian mine. BHEL net surges 31% in the third quarter.
- Chandrasekhar Atreya
- 21 Jan, 2011
- New York City
Shanghai Indexes gain for the day but dropped more than 2.7% in the week. China
- Chandrasekhar Atreya
- 21 Jan, 2011
- New York City
Resource linked stocks in Tokyo led the indexes lower 1.5% today and 2.4% for the week. Transport Ministry plans to allot more slots to Chinese airlines at western Japan airports. Toshiba wins a 30 billion yen order to supply railcar parts to Washington D.C and Chicago metro.
- Chandrasekhar Atreya
- 21 Jan, 2011
- New York City
Stocks in Sydney dropped 1% in the week dragged down by weak resource stocks. Shipments at Hay Point terminal drop 22% in December and QR National trims its profit target for the year by 21%. Woodside Petroleum revenues rise 20% on record production at its North West Shelf LNG project.
- Bikram Pandey
- 20 Jan, 2011
- New York City
U.S. indexes fell on China worries and tech stocks led the market decline after cloud computing related companies fell. China
- Mukesh Buch
- 20 Jan, 2011
- New York City
eBay fourth quarter net revenue increased 5% to $2.5 billion. Johnson Controls first quarter net sales climbed 13% to $9.5 billion. Morgan Stanley fourth quarter net earnings surged 60% to $600 million. UnitedHealth fourth quarter total revenues grew 10.3% to $24.03 billion.
- Arthi Gupta
- 20 Jan, 2011
- New York City
The UK indexes declined the most in European trading after weak commodities prices. The UK manufacturing output estimated to improve and car production rose in 2010. Irish inflation soared in December. easyJet slumped 17% after first quarter revenue rose.
- Arthi Gupta
- 20 Jan, 2011
- New York City
The European indexes declined tracking lower commodities and a strong GDP expansion in China stoking worries that China may not be able to curb inflation. German producer price inflation rose and Italy