- Mukesh Buch
- 26 Nov, 2010
- New York City
Stock in Mumbai plunged for the second day as regulators widen loan scandal probe. Banks declined more than 5%. Bank of India gained 2.9% after positive comments on loan procedures. Jet Airways plunged 7.1% after aviation minister warned against sudden fare increase.
- Arthi Gupta
- 25 Nov, 2010
- New York City
The UK indexes rose after retail sales climbed in November. Tate & Lyle agreed to sell molasses business for
- Arthi Gupta
- 25 Nov, 2010
- New York City
Investors in Europe face rising sovereign debt stress and yields spreads widen as focus shifts to Portugal, Spain and Germany. Belgium banks have a significant exposure in Ireland. French consumer confidence improved in November and German building industry orders declined in September.
- Mukesh Buch
- 24 Nov, 2010
- New York City
Campbell Soup, first quarter sales decreased 1% to $2.17 billion. Deere & Company fourth quarter total net sales and revenues climbed 35% to $7.20 billion. Guess, Inc net revenue rose 17.4% to $613.90 million. Tiffany third quarter net sales increased 14% to $681.73 million.
- Mukesh Buch
- 25 Nov, 2010
- New York City
Stock in Mumbai fell as banks and developers led the decliners. Bank of India, Canara Bank, LIC Housing and Punjab National Bank fell more than 5%. Hindustan Construction Company plunged nearly 11% as its unit Lavasa is probed by regulators.
- Mukesh Buch
- 23 Nov, 2010
- New York City
Analog Devices, fourth quarter sales increased 35% to $770 million. Campbell Soup first quarter net revenues fell 1% to $2.17 billion. Hewlett-Packard fourth quarter net revenue rose 8% to $33.28 billion. Medtronic, second quarter worldwide revenue rose 2% to $3.90 billion.
- Mukesh Buch
- 24 Nov, 2010
- New York City
Stock in Mumbai declined. Dr. Reddy''s gained 1.1% after acquire agreed to acquire GlaxoSmithKline
- Chandrasekhar Atreya
- 25 Nov, 2010
- New York City
Stocks in Shanghai and Hong Kong closed higher tracking the gains in international markets. Coal reserves at some power plants are very low in China. Rusal enters China with a joint venture to sell aluminum. Hong Kong debt rating lifted higher.
- Chandrasekhar Atreya
- 25 Nov, 2010
- New York City
Tokyo indexes closed up a fraction as nervous traders monitor elevated tensions in the Korean peninsula. Exports in October rose at a slower pace of 8% and rose for the eleventh month in a row. Tourist arrivals in October drop as fewer Chinese visit Japan.
- Chandrasekhar Atreya
- 25 Nov, 2010
- New York City
Australian shares gained moderately in a slow trading in Asia. Beach Energy and Japan
- Mukesh Buch
- 23 Nov, 2010
- New York City
Stock in Mumbai slumped. Bajaj Auto Ltd. gained 2.9% as it focuses on expanding its dealer network. MphasiS surged 8.5% after annual net profit rose 20%. Mahindra & Mahindra agreed to acquire 70% stake in South Korea based Ssangyong Motor for $465 million.
- Mukesh Buch
- 22 Nov, 2010
- New York City
Cyberonics, second quarter net revenues surged 17% to $47.5 million. America
- Mukesh Buch
- 22 Nov, 2010
- New York City
Alstom Projects rose 2.4% after secured a contract worth $10 million. Chambal Fertilisers plunged 4.9% after the fertilizer department rejected plans to decontrol urea prices. Jai Corp, IVRL and GVK surged after the environmental ministry approved plans for the second international airport in Mumbai
- 123jump.com Staff
- 24 Nov, 2010
- New York City
The off-price retailer net sales increased 5% to $5.5 billion in the quarter on comparable store sales rise of 1%. Net quarterly income rose 7% to $372.3 million, reflecting strong merchandise margins. Earnings per share grew to 92 cents from 81 cents per share in the prior-year quarter.
- Mukesh Buch
- 19 Nov, 2010
- New York City
Autodesk plunged 3.1% third quarter revenue increased 14% driven by strong revenue growth. Dell third quarter revenue rose 19% to $15.4 billion on strong corporate demand. The Gap third quarter net sales increased 2% to $3.65 billion.