- Arthi Gupta
- 16 Dec, 2010
- New York City
The European indexes fell ahead of the EU leaders meeting in Brussels. Spain sold
- Arthi Gupta
- 16 Dec, 2010
- New York City
U.S. stocks traded sideways after weekly jobless claims fell and housing starts rose more than anticipated. Spain completed
- Mukesh Buch
- 16 Dec, 2010
- New York City
Camlin Fine Chemicals entered into a pact to acquire Italy based Borregaard. Ispat Industries may be acquired by Steel Authority of India. Suzlon Energy concluded contract for the delivery of 25 wind turbines.
- Chandrasekhar Atreya
- 16 Dec, 2010
- New York City
Mumbai stocks gained in late trade after Reserve Bank of India left interest rates unchanged and eased liquidity and bond yields fell. The RBI left cash reserve ratio unchanged at 6%. Indirect tax collections reach 66% of the target in the fiscal year to November.
- Mukesh Buch
- 15 Dec, 2010
- New York City
Cubist Pharmaceuticals, estimates net revenue between $634 million to $640 million. General Electric sees earnings growth and higher demand for its industrial products. Joy Global fourth quarter net sales grew 9% to $1.05 billion.
- Chandrasekhar Atreya
- 16 Dec, 2010
- New York City
China region key stock indexes drop on inflation concerns. China
- Chandrasekhar Atreya
- 16 Dec, 2010
- New York City
Tokyo stocks stayed flat amid softer yen and debt worries from Europe. United States pledged to work closely with Japan and Europe for new sources of rare earth supplies. Bank of Japan started its new asset purchase program with 14 trillion yen exchange traded fund purchase.
- Chandrasekhar Atreya
- 16 Dec, 2010
- New York City
Australian stocks edged higher as commodities rise in Asia. Rio Tinto sells major portion of its U.S coal assets for $2 billion. Australian lawmakers are still not convinced that the merger between Singapore Exchange and ASX Ltd is in the best interest of the country.
- Bikram Pandey
- 16 Dec, 2010
- New York City
U.S. stocks fell after mortgage activities and refinancing declined but inflation rose as the yields on bonds increased. Visa Inc and MasterCard Inc fell more than 2% after Canada
- Arthi Gupta
- 22 Dec, 2010
- New York City
U.S. stock futures declined after third quarter GDP expanded at 2.6% but mortgage refinancing activity fell. TD Bank acquired Chrysler Financial for $6.3 billion. Jacobs Engineering agreed to buy Aker Solutions'' business unit for $675 million. Teradata agreed to acquire Aprimo for $525 million.
- Chandrasekhar Atreya
- 22 Dec, 2010
- New York City
Shanghai stock indexes dropped 1% after Korea announced a plan to conduct second live-military exercise on Monday. China increase retail energy prices again. State-Grid of China acquires seven power distributors in Brazil with a 30-year license to operate the power lines for $1 billion.
- Arthi Gupta
- 15 Dec, 2010
- New York City
The UK indexes dropped after banking stocks fell. The UK retail sales and unemployment rate rose. U.S.-based Simon Property raised bid offer to about
- Arthi Gupta
- 15 Dec, 2010
- New York City
The European indexes slid after Moody
- Arthi Gupta
- 15 Dec, 2010
- New York City
U.S. stocks fell after mortgage refinancing declined but inflation rose. The U.S. Senate voted in favor of a bill to extend the Bush-era tax cuts. HP inked $1.4 billion infrastructure technology outsourcing contract with E.ON. Simon Property raised bid offer to
- Mukesh Buch
- 15 Dec, 2010
- New York City
Oil refiners and marketers rose after a retail price increase. Manganese Ore Limited surges on its first day of trading. Reliance Communications struck deal with China Development Bank for $1.93 billion. Ambalal Sarabhai Enterprises Ltd faces delisting.