- Marcus Jacob
- 29 Nov, 2010
- New York City
UK indexes declined after investors worried that Ireland bailout may not prevent future bailouts in the euro-zone. UK Treasury watchdog lowered 2011 and 2012 economic growth outlooks.
- Mukesh Buch
- 29 Nov, 2010
- New York City
Retailers traded mixed after stronger than expected Thanksgiving holiday sales. Amazon.com, Abercrombie & Fitch and Blue Nile gained but Limited and Tiffany declined. Quiksilver estimated fourth quarter net revenues between $492 million and $497 million.
- Nigel Thomas
- 29 Nov, 2010
- New York City
European indexes fell sharply after Ireland agreed to terms of bailout and investors worried that the debt contagion may not be prevented from reaching to Spain. European confidence index increased in October. Banks and insurance companies declined.
- Bikram Pandey
- 29 Nov, 2010
- New York City
Market indexes in New York dropped more than 1% tracking losses in Europe. The European nations agreed to lend
- Devan Biswas
- 29 Nov, 2010
- New York City
European leaders and Ireland hammered out bailout conditions on late Sunday to stem the widening debt contagion in the euro-zone. Ireland agreed to tougher loan conditions and cut 15 billion in costs and interest rate of 5.8%.
- Mukesh Buch
- 29 Nov, 2010
- New York City
Stock in Mumbai gained. BGR Energy surged 21% after management clarified its position on bank loan scam investigation. The Shipping Corporation of India set the price range for its secondary offering. GMR agreed to sell U.S. based InterGen for $1.23 billion.
- Chandrasekhar Atreya
- 29 Nov, 2010
- New York City
Stocks in Shanghai declined on the worries of accelerating inflation and in Hong Kong rose tracking optimism related to the U.S. holiday sales. China Huaneng Group Corp and Chongqing Rural Commercial Bank plan HK initial public offerings totaling $3.73 billion.
- Chandrasekhar Atreya
- 29 Nov, 2010
- New York City
Stocks in Japan closed higher and the yen weakened after a rally in Asian markets. October retail sale declined and domestic passenger car production declined in the month. The Government Pension Investment Funds gained int eh September quarter after falling for two quarters in a row.
- Chandrasekhar Atreya
- 29 Nov, 2010
- New York City
Stocks in Australia closed higher as commodities advanced. Australia passes legislation that will separate the retail and wholesale businesses of Telstra. AMP approves acquisition of AXA Asia Pacific. Corporate profits in Australia declined in the September quarter and homes sales in October.
- 123jump.com Staff
- 29 Nov, 2010
- New York City
The digital financial media company said quarterly revenue rose 8% to $14.3 million, reflecting a 9% jump in advertising sales and 8% growth in subscription revenue. Net loss widened 39% to $1.93 million in the quarter. The company lost 6 cents a share versus a loss of 5 cents a year-ago quarter.
- 123jump.com Staff
- 27 Nov, 2010
- New York City
The luxury-jewelry retailer worldwide net sales for the quarter increased 14% to $681.7 million, with growth across all geographic regions. Net quarterly earnings surged 27% to $55.1 million. Earnings grew to 43 cents per share from 34 cents per share last year.
- Arthi Gupta
- 26 Nov, 2010
- New York City
The UK indexes slid on worries that Ireland''s fiscal crisis could spread to other euro-zone countries and home prices declined in October. Irish retail sales rose in October. BP won production sharing contract in Indonesia. Chrysalis agreed to
- 123jump.com Staff
- 26 Nov, 2010
- New York City
The insurer quarterly revenues increased 28% to $6.67 billion. Net income generated in the quarter was $666 million or $1.34 per diluted share, compared to a net loss of $220 million or 79 cents per share in the prior-year quarter.
- Arthi Gupta
- 26 Nov, 2010
- New York City
The European indexes fell on rising debt concerns in the euro-zone as leaders struggle to contain the spreading debt contagion. German CPI rose in November and French consumer spending declined in October. Euro area bank lending climbed in October. Spain mortgage approvals fell in September.
- Arthi Gupta
- 26 Nov, 2010
- New York City
U.S. indexes traded lower tracking weaker world markets. European sovereign debt problem has now shifted focus to Belgium, Portugal and Spain as leaders work with Portuguese leaders to seek aid. KKR-led consortium agreed to acquire Del Monte Foods for $5.3 billion.