- Arthi Gupta
- 07 Dec, 2010
- New York City
The European indexes soared after President Obama announced extension of tax cuts and German factory orders surged in October. Swiss jobless rate rose in November. Czech retail sales declined in October. Iceland economy expanded in the third quarter.
- Arthi Gupta
- 07 Dec, 2010
- New York City
U.S. stocks gained after President Obama announced extension of tax cuts and Treasury sold its remaining stake in Citigroup. GE formed a venture with China-based railroad company CSR Corp. Aetna agreed to buy Medicity for $500 million. AGL acquired Nicor in $2.4 billion cash and stock.
- Mukesh Buch
- 07 Dec, 2010
- New York City
Stock in Mumbai fell. Hindustan Construction signed two agreements with France based Vinci Construction. Kingfisher Airlines said BPCL file petition to claim jet fuel dues worth $45 million. Maruti Suzuki plans to hike prices from January 1.
- Chandrasekhar Atreya
- 07 Dec, 2010
- New York City
Stocks in Mumbai in a choppy trading closed lower. French Prime Minister Sarkozy
- Chandrasekhar Atreya
- 07 Dec, 2010
- New York City
Stocks in Shanghai and Hong Kong closed higher as new home price index in Shanghai stayed above average for the third week in a row. Dalian Port surged 39% on first day of trading in Shanghai.
- Chandrasekhar Atreya
- 07 Dec, 2010
- New York City
Tokyo stocks lost as the yen rose to a three-week high. Otsuka Holdings, the largest healthcare offering since 2006 priced near the bottom of its filing price range. Foreign Exchange reserves declined for the first time in six months to $1.101 trillion.
- Chandrasekhar Atreya
- 07 Dec, 2010
- New York City
Australia left its key lending rate on hold and the Reserve Bank of Australia highlighted low inflation expectations for next several quarters. Stocks rise. Heavy rains damage wheat crops and halt to some of QR National
- Bikram Pandey
- 06 Dec, 2010
- New York City
U.S. stocks traded sideways as investors digested Fed Chairman Bernanke comments. Gold closed at a new high. U.S. Supreme Court agreed to review gender bias class-action lawsuit appeal against Wal-Mart Stores Inc. France found Continental Airlines guilty for its role in 2000 air crash.
- Mukesh Buch
- 06 Dec, 2010
- New York City
Dollar General third quarter net sales grew 10% to $3.22 billion. 3M to acquire Winterthur Technologies AG. Kraft Foods is seek preliminary injunction in the U.S. District Court against Starbucks. MetLife estimated fourth quarter net income to be between $170 million and $570 million.
- Arthi Gupta
- 06 Dec, 2010
- New York City
The UK indexes gained after manufacturing sector forecasted to grow in 2011. Rio Tinto confirmed plans to buy Riversdale for A$15 per share. Rolls-Royce won $110 million in new contracts for energy projects. De La Rue confirmed the receipt of a preliminary bid.
- Arthi Gupta
- 06 Dec, 2010
- New York City
The European indexes traded sideways after euro area investor confidence fell in December. German construction activity improved in November. Swiss foreign currency reserves rose in November. Hungary debt rating lowered. Russia based X5 Retail agreed to acquire Kopeyka for $1.64 billion.
- Mukesh Buch
- 06 Dec, 2010
- New York City
Stock in Mumbai rose. Japan based Honda Motor dissolves partnership in Hero Honda Motors to pursue on its own auto and motorcycle business in India. Jindal Steel & Power wins preliminary approval for $3 billion expansion project. State Bank of India plans to raise deposit rate as much as 1.5%.
- Arthi Gupta
- 06 Dec, 2010
- New York City
U.S. stocks and indexes were on the decline after comments from Fed Chairman were viewed negatively by the market observers. The dollar traded higher after European leaders haggled to increase the size of the bailout fund to
- 123jump.com Staff
- 06 Dec, 2010
- New York City
The brokerage services provider net quarterly revenues dipped 7.4% to $608.84 million. Net income fell 27% to $113.96 million in the quarter on reduced trading activity. Earnings fell to 20 cents per diluted share from 26 cents per share a year-ago quarter.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
Stocks in Mumbai failed to hold intra-day gains. India and France sign $9.3 billion deal for two nuclear power plants and look for ways to deepen military and energy collaboration. Gujarat Urja Vikas Nigam Ltd plans to build $1.8 billion solar power park in Patan region.