- Chandrasekhar Atreya
- 18 Nov, 2010
- New York City
China region stocks gained after falling for four days in a row. Hong Kong index surged 1.4% after U.S. retail sales rose and tighter restriction on mainland were perceived administrative and not restrictive. Consumer confidence drops in the third quarter for the first time in six quarters in China.
- Chandrasekhar Atreya
- 18 Nov, 2010
- New York City
Tokyo stocks gained more than 2% as the yen weakened, exporters rallied and insurance companies gained ahead of earnings. U.S. State Department removes sanctions on Inpex over nuclear supplies to Iran. Mitsubishi and Xstrata plan to double thermal coal output at their plant in Australia.
- Chandrasekhar Atreya
- 18 Nov, 2010
- New York City
Australian shares edged higher as miners gained and financials fell. Shareholders filed a lawsuit seeking compensation for damages from National Australia Bank. QR National offering attracts $2.6 billion in bids from overseas investors. Competition authorities blocks Franklin Supermarket sale.
- Mukesh Buch
- 16 Nov, 2010
- New York City
Stock in Mumbai Slumped. Ansal Housing gained 2.3% and net profit increased 107%. ABG Shipyard fell 0.4% after net profit rose 22.7%. Gravita India steeps 87.5% premium over the initial public offer price of Rs 125. Mahindra Satyam tumbled 11.8% after net profit dropped 76%.
- Mukesh Buch
- 17 Nov, 2010
- New York City
BJ''s third quarter net sales rose 4.8%. Chico''s net income increased 27%. Sina Corp. net income in the quarter surged 87%. Target earnings in the quarter rose 23% to $535 million. Warner Music Group fourth quarter total revenues decreased 13%.
- Arthi Gupta
- 17 Nov, 2010
- New York City
The UK indexes rose after jobless claims unexpectedly dropped in October. The BoE policy makers split three ways for second month. The UK pledged support for Ireland. Experian first-half net rises.
- Arthi Gupta
- 17 Nov, 2010
- New York City
The European indexes advanced after the European Union confirmed support to Ireland. Euro area construction output fell in September. S&P lowered Cyprus sovereign debt ratings. Spain GDP remained unchanged in the third quarter and Sweden home prices rose in October.
- Arthi Gupta
- 17 Nov, 2010
- New York City
U.S. stocks declined after housing starts fell more than expected and the consumer price index rose in October and mortgage applications dropped as rates rose. GM boosted IPO size by 31% to 478 million shares. Sara Lee won European approval to sell business units to Unilever.
- Arthi Gupta
- 16 Nov, 2010
- New York City
The UK indexes dropped after inflation accelerated in October and home prices rose in September. RBS agreed to sell
- Arthi Gupta
- 16 Nov, 2010
- New York City
The European indexes declined on concerns of possible policy tightening measures from China. Euro-zone inflation accelerated in October. German economic sentiment rebounded in November. French non-farm payrolls rose in the third quarter. Vivendi net plunged 38%.
- Arthi Gupta
- 16 Nov, 2010
- New York City
U.S. stocks fell amid speculation that China will raise interest rates and PPI rose 0.4% in October. GM lifted IPO price range between $32.00 and $33.00 a share. Juniper Networks agreed to buy Trapeze Networks for $152 million. Wal-Mart net rose 9% on strong international sales.
- Bikram Pandey
- 15 Nov, 2010
- New York City
U.S. stocks struggled to hold gains after retail sales increased more than expected in October. The dollar advanced and gold and silver closed lower. Japan reported stronger economic expansion. European officials meet to discuss various options to quell rising debt distress in peripheral nations.
- Mukesh Buch
- 15 Nov, 2010
- New York City
Amtech Systems fourth quarter net revenue surged three-fold. Diana Shipping third quarter revenue increased to $71.61 million. Lowe
- Nigel Thomas
- 15 Nov, 2010
- New York City
UK stocks closed higher as commodities recovered. However, traders looked to the meeting of EU ministers tomorrow that is expected to discuss Ireland banking and debt crisis. Irish bonds have declined for thirteen days in a row.
- Bikram Pandey
- 15 Nov, 2010
- New York City
European markets closed up but not before oscillating in the day as Ireland and EU discuss emergency loan measures. Indexes in the European region gained between 0.4% and 1.3%. Euro zone deficit with the rest of the world increased to