- Bikram Pandey
- 14 Feb, 2011
- New York City
U.S. stocks edged lower in the early trading after rising in 12 of the last fifteen trading sessions. Japan economy shrank 1.1% in the last quarter and fell to the third place after the U.S. and China. China
- Devan Biswas
- 14 Feb, 2011
- New York City
Stocks in Mumbai surged after earnings from Tata Motors, Adani Enterprises and Gitanjali Gems Limited. The benchmark index soared 2.6%.Reliance Communication quarterly net dropped 56%. Tata Motors quarterly net soared nearly three-fold.
- Mukesh Buch
- 14 Feb, 2011
- New York City
Adani Enterprises gained 3% after net profit increased 56%. Aban Offshore increased 3% and net profit declined 31%. Hindalco rose 4% after net profit rose 8%. Reliance Capital gained 3% after net profit surged 68%. Tata Motors increased 5.6% after net profit surged nearly three fold.
- Nigel Thomas
- 14 Feb, 2011
- New York City
Stocks in Tokyo reopened after three-day weekend and surged 1.1%. Exporters and electronics companies closed higher. Fourth quarter GDP declined 1.1% and for the year 2010 rose 3.9% to $5.47 trillion.
- Marcus Jacob
- 14 Feb, 2011
- New York City
Australian stocks closed higher on mixed earnings reports. Macarthur Coal estimated full year net of at least $138 million. IAG dropped after it reported higher than expected losses from Queensland floods and in the UK.
- Mukesh Buch
- 11 Feb, 2011
- New York City
Chipotle Mexican Grill fourth quarter net income soared 47%. Gardner Denver net income in the fourth quarter surged 54%. Kraft Foods fourth quarter net income declined 24% to $540 million. TOTAL S.A. quarterly net income declined 10% to $2.76 billion.
- Nigel Thomas
- 11 Feb, 2011
- New York City
Stocks in Europe declined after tensions in Egypt rose and largest crowd gather in Tahrir Square in Cairo. German inflation rose in January and Greece joined Italy and said it is opposed to numerical target to lower budget deficit. L
- Bikram Pandey
- 11 Feb, 2011
- New York City
U.S. stocks traded lower after tensions in Egypt rose after President Hosni Mubarak said he is ready to relinquish some power to vice president. Nokia dropped as much as 10% after it announced a strategic partnership with Microsoft for its smartphones operating system. Kraft quarterly net fell 24%.
- Devan Biswas
- 11 Feb, 2011
- New York City
Stocks in Mumbai rebounded on the last trading day of the week. Industrial output rose 1.6% in January and the increase was the slowest monthly gain in twenty months. Aditya Birla Nuvo, Cairn India and Educomp Solutions reported higher earnings.
- Mukesh Buch
- 11 Feb, 2011
- New York City
Aditya Birla Nuvo gained 4% after net profit surged. Cairn India rose 4% after net profit soared 591%. Educomp closed higher 6% after net profit surged 58%. Essar Shipping and Port of Antwerp International sign a pact.
- 123jump.com Staff
- 11 Feb, 2011
- New York City
Hong Kong stocks lost 4.5% in the week. Property developers were in focus after Shanghai new home sales in December declined 25%, however 84 new projects are expected to start this year. China differentiated reserve requirements for small and large banks as lending surge above 1 trillion yen.
- Marcus Jacob
- 11 Feb, 2011
- New York City
Sydney benchmark index declined 0.7% and the RBA governor assured Australian lawmakers that rates are not expected to change for sometime. Governor Glenn Stevens also noted that food price increase is temporary and said higher commodities prices will fuel larger surge in domestic income.
- Bikram Pandey
- 10 Feb, 2011
- New York City
U.S. stocks decline and the dollar gained. Indexes were under pressure and tech stocks declined after Cisco fell 14%. Broader index S&P 500 barely closed higher. European markets declined on weak commodities and markets in Asia declined.
- Marcus Jacob
- 10 Feb, 2011
- New York City
UK stocks closed lower and the Bank of England held rates and left bond buying program unchanged. Rolls Royce net was nearly wiped on costs related Qantas engine failure charges. Rio Tinto net soared and said it is focused on lowering its debt and will spend $12 billion in capital expenditure.
- Mukesh Buch
- 10 Feb, 2011
- New York City
Bunge fourth quarter net income rose to $292 million. Cisco second quarter net income declined 17.9% to $1.5 billion. MetLife fourth quarter net income plunged 82% to $51 million. PepsiCo quarterly net income fell 5% to $1.36 billion. Thomson Reuters fourth quarter net income fell 11% to $307 mn.