- Arthi Gupta
- 24 Nov, 2010
- New York City
The UK indexes traded sideways after Ireland announced stringent austerity measures and S&P downgraded its credit rating. The UK GDP expanded but business investment fell in the third quarter. Rolls-Royce announced deals worth $1.2 billion with Emirates.
- Arthi Gupta
- 24 Nov, 2010
- New York City
The European indexes rose after German business confidence improved in November. Portuguese strike paralyzed the nation. Euro area industrial new orders fell in September.
- Arthi Gupta
- 24 Nov, 2010
- New York City
U.S. stocks gained after weekly jobless claims fell 34,000. S&P downgraded Ireland credit rating. SAP ordered to pay $1.3 billion in damages to Oracle. J. Crew Group agrees to be acquired by TPG Capital for $3 billion. Dynegy terminated deal with Blackstone.
- Mukesh Buch
- 18 Nov, 2010
- New York City
Applied Materials fourth quarter net sales surged 89% to $2.89 billion. Sears Holdings third quarter net sales fell to $9.68 billion. J. M. Smucker second quarter revenues flat to $1.3 billion. The Buckle net sales rose 5.2% to $243.3 million. General Motors surged 7% on the first day of trading.
- 123jump.com Staff
- 23 Nov, 2010
- New York City
The specialty glass and ceramics products maker quarterly net sales rose 8% to $1.60 billion. Net income in the quarter grew 22% to $785 million. Earnings rose to 50 cents per diluted share from 41 cents per share a year-ago quarter.
- Arthi Gupta
- 23 Nov, 2010
- New York City
The UK indexes slid on escalating tensions between North and South Korea and ongoing worries revolving around Ireland, Greece and Portugal. Traders focused on the bailout package for Ireland and on fears on a contagion in the euro region. The UK mortgage approvals declined in October.
- Arthi Gupta
- 23 Nov, 2010
- New York City
The European indexes fell on rising tensions between the Koreas and speculation of contagion fears in the region. Euro area consumer confidence and PMI rose in November. German economy expanded in the third quarter. French business confidence waned but private sector growth increased in November.
- Arthi Gupta
- 23 Nov, 2010
- New York City
U.S. stocks traded lower following firing incidences in Korean Peninsula. U.S. GDP revised higher 2.5% in the third quarter. Potash One agreed to a takeover by Germany based K+S for C$434 million. Scotiabank agreed to acquire DundeeWealth.
- Chandrasekhar Atreya
- 24 Nov, 2010
- New York City
Australian shares closed marginally lower, despite negative sentiments from U.S. and Korea. Lynas Corp and Sojitz Corp of Japan sign a 10-year deal for supply of 90,000 tons of rare earth to Japan. Melbourne residential prices lead Australian home prices for nine months in a row since March.
- Chandrasekhar Atreya
- 24 Nov, 2010
- New York City
Tokyo stocks held steady despite mounting tensions in the Korean peninsula. Australia based Lynas Corp signs a 10-year deal to supply rare earths through Sojitz Corp. Japan promises support to South Korea and threatens North Korea with sanctions. October department stores sales rise after 32 months.
- Chandrasekhar Atreya
- 24 Nov, 2010
- New York City
Stocks in Shanghai gained for the day led by resource companies and financial brokers. China and Russia decide to use local currencies for bilateral trade settlements. Export of rare earth drops 77% in October from a month earlier. China bans hoarding of essential items.
- 123jump.com Staff
- 22 Nov, 2010
- New York City
The retail bakery-cafes operator total quarterly revenue grew 11% to $371.99 million. Net income in the quarter rose 21% to $23 million, helped mainly by higher revenues and improved profit margins. Earnings per diluted share increased to 75 cents from 61 cents per diluted share last year.
- Chandrasekhar Atreya
- 23 Nov, 2010
- New York City
Australian shares dropped more than 1% after uncertainty over fiscal policy in China and EU sovereign debt dampened investor sentiment. Metcash pledges to pursue its takeover of Franklins despite regulator resistance. QR National struggles on the first day of trading.
- Chandrasekhar Atreya
- 23 Nov, 2010
- New York City
Tokyo stocks traded in a narrow range and gained nearly 1%. Diet postpones voting on supplementary budget. Creditors approve the bailout plan for JAL. Outstanding consumer loans drop 47% in September as lending rules tighten. Sales at convenience stores drop 6% in October.
- Arthi Gupta
- 22 Nov, 2010
- New York City
The UK indexes traded lower after Ireland accepted an international bailout with the