- Bikram Pandey
- 13 Dec, 2010
- New York City
U.S. stocks climbed higher as investors appear sanguine about the passage of tax deal and Fed is expected to hold rates this week. China reported higher than expected industrial growth, retail sales and inflation and left interest rate unchanged but lifted bank reserves.
- Mukesh Buch
- 13 Dec, 2010
- New York City
Biglari Holdings fourth quarter revenues increased to $164.4 million. Dell Inc. to acquire Compellent Technologies, and will pay $27.75 per share. Thermo Fisher Scientific will acquire all of the outstanding shares of Dionex Corp. for $118.50 per share in cash, total purchase price $2.1 billion approximately.
- Arthi Gupta
- 13 Dec, 2010
- New York City
The UK indexes climbed after home prices declined in December. The IMF delayed consideration of Irish bailout package. Reckitt Benckiser agreed to acquire India-based Paras Pharmaceuticals for $726 million and GlaxoSmithKline agreed to buy Maxinutrition for
- 123jump.com Staff
- 13 Dec, 2010
- New York City
The financial services company reported total operating income increased 15% to Sfr6.658 billion from last year''s Sfr5.766 billion. The company generated net profit of Sfr1.664 billion or Sfr0.43 per share compared to a loss of Sfr564 million or Sfr0.15 per share in the year-ago period.
- Arthi Gupta
- 13 Dec, 2010
- New York City
The European indexes gained after China held its interest rates. The Bundesbank forecasted slowdown in German economic growth. French current account deficit narrowed in October. Spanish home sales plummeted in October. Swiss producer and import prices climbed in November.
- Arthi Gupta
- 13 Dec, 2010
- New York City
U.S. stocks climbed after a flurry of merger activities around the world lifted trading sentiment. China also held its interest rates and reported a rising inflation. GE proposed to buy UK-based Wellstream for $1.3 billion and Sanofi-Aventis extended Genzyme tender offer.
- Chandrasekhar Atreya
- 13 Dec, 2010
- New York City
Stocks in Mumbai closed higher tracking the increase in Asia and Europe. Russia and India are expected to sign pacts for defense, trade and energy next week. China
- Mukesh Buch
- 13 Dec, 2010
- New York City
Goa Carbon and Hong Kong based Sinoway International to set up manufacturing plant in China. Punj Lloyd won two oil and gas orders worth $350 million. Reliance Infrastructure soars on a plan to attract new investors in the company.
- Chandrasekhar Atreya
- 13 Dec, 2010
- New York City
The key stock indexes in China rallied the most in two months after China
- Chandrasekhar Atreya
- 13 Dec, 2010
- New York City
The benchmark index hovered near 7-month high after china tightened credit and higher flows to stocks. Net inflows into Japanese stock investment trusts rise to 305.2 billion yen in November.
- Chandrasekhar Atreya
- 13 Dec, 2010
- New York City
Australian stocks closed higher and banks led gainers after Treasurer Wayne Swann revised banking rules to foster competition in the sector. NSW Power privatization identifies Origin Energy and TRUenergy as the key winners.
- 123jump.com Staff
- 11 Dec, 2010
- New York City
The information company reported quarterly revenues rose 1.2% to $3.26 billion. Net quarterly earnings surged 65% to $268 million reflecting increase in revenues at its Professional and Markets division. Earnings grew to 32 cents per share from 19 cents per share in the year-ago quarter.
- Bikram Pandey
- 11 Dec, 2010
- New York City
U.S. trade deficit declined to a two-year low after exports rose on a falling dollar. Exports rose on the strong demand from emerging markets including China, Mexico and Brazil. General Electric increased its quarterly dividend 17% to 14 cents, second increase in the year.
- Mukesh Buch
- 10 Dec, 2010
- New York City
Brown-Forman second quarter net sales increased 1.4%. E. I. du Pont estimated higher sales but earnings trailed estimates. Ferrellgas first quarter net sales increased 14%. Vail Resorts first quarter net sales soar.
- Arthi Gupta
- 10 Dec, 2010
- New York City
The UK indexes traded mixed after home prices rose in November. Various home price indexes have shown a diverging picture in the UK real estate market. Irish manufacturing output growth slackened. Flybe Group PLC began trading in London and raised