- Devan Biswas
- 15 Nov, 2010
- New York City
U.S. stocks and dollar edged higher after two large deals totaling $10 billion were announced. October retail sales increased more than anticipated and lifted the indexes in early trading. General Motors and nine other companies are expected to raise $12.5 billion in public offerings this week.
- Nigel Thomas
- 15 Nov, 2010
- New York City
Ireland and peripheral nation in the EU remained in focus ahead of EU officials meeting in Brussels tomorrow. Ireland is expected to receive as much as 100 billion in loans and guarantees as early as this week in a plan coordinated by the EU and the IMF. Eurostat revised deficit estimates of Greece.
- Mukesh Buch
- 15 Nov, 2010
- New York City
Stock in Mumbai rose. Gammon India slipped 2.3% after net profit fell 45.5%. HPCL rose 2.5%. Pantaloon decreased 3.3% net profit declined 60%. Reliance Capital declined 3% after net profit plunged 28%. Tata Steel rose after it swung to net profit.
- Bikram Pandey
- 15 Nov, 2010
- New York City
Stocks in Mumbai increased after Finance minister Pranab Mukherjee said that in the short term economy will expand at 9%. The rupee edged lower and the latest data on the inflation showed a declined. Tata Steel swung to net profit.
- Nigel Thomas
- 15 Nov, 2010
- New York City
Stocks in China region closed higher but in Hong Kong declined. Russia based OAO EuroSibEnergo is expected to complete its public offering in Hong Kong before the end of the year. The one-month yuan futures weakened but the currency is expected to gain against the dollar in the next three months.
- Marcus Jacob
- 15 Nov, 2010
- New York City
Stocks in Tokyo trading increased after Japan reported faster than expected economic expansion and the yen weakened. The economic growth in the fiscal second quarter increased to annual rate of 3.9% from the revised 1.8% rate in the first. Banks and exporters gained in trading.
- Mukesh Buch
- 13 Nov, 2010
- New York City
Caribbean markets edged lower in a weak trading. For the week the indexes were nearly unchanged. Banks and insurance companies led the most active stocks in trading. World markets declined as commodities fall and inflation in China accelerated.
- Nichole Harper
- 12 Nov, 2010
- New York City
World stocks closed declined after resource stocks fell, commodities fell to 18-month low after China reported accelerating inflation. China region indexes plunged more than 5%. Peripheral EU nations
- Bikram Pandey
- 12 Nov, 2010
- New York City
European indexes fell as European leaders discuss renewed threat of sovereign bonds stresses in Ireland and Portugal. Resource stocks also fell on the worries that accelerating inflation in China will bring additional tightening in the world
- Nigel Thomas
- 12 Nov, 2010
- New York City
UK stocks closed lower on a weakness in resource stocks. Copper prices declined from the record after China reported accelerating inflation. European leaders discuss renewed threat of sovereign debt stress in the region.
- Mukesh Buch
- 12 Nov, 2010
- New York City
Dillard''s third quarter revenue decreased to $1.34 billion. D.R. Horton fourth quarter sales fell to $925.7 million. Nvidia Corp. revenue declined 6.6%. Walt Disney fourth quarter revenues decreased 1% to $9.7 billion.
- Bikram Pandey
- 12 Nov, 2010
- New York City
U.S. stocks traded lower after markets in Asia plunged and European indexes traded lower. G20 nations meeting failed to produce clear guidelines to set right or tackle rising global financial and trade imbalances. J.C. Penney reported better higher profit.
- Devan Biswas
- 12 Nov, 2010
- New York City
G20 nations issued a statement after a meeting of two days that focused on broad issues of global imbalances and failed to show any concrete plans. The leaders deferred to the concrete steps to the next meeting and said the importance of common indicators to track global developments.
- 123jump.com Staff
- 12 Nov, 2010
- New York City
Stock in Mumbai slumped. Autoline Industries gained 1.8% after net profit increased 115%. Jamna Auto Industries soared 10.6% after net profit surged 107%. Lumax Auto Technologies increased 4.1% after net profit gained 124.4%. Man Industries advanced 2.7% after net profit surged 710%.
- Nigel Thomas
- 12 Nov, 2010
- New York City
Stocks in China plunged on the worries that accelerating inflation will spark another round of bank tightening. The benchmark indexes in Shanghai plunged more than 5%. Hong Kong reported third quarter economic growth at 6.8%.