- Nigel Thomas
- 08 Nov, 2010
- New York City
European markets closed mixed but traded lower after a strong rally last week. Stocks focused on earnings. Greek index rose after ruling party was ahead in local election in Greece and Prime minister reaffirmed the commitment to fiscal reforms. Ireland was in focus after recent budget cuts.
- Devan Biswas
- 08 Nov, 2010
- New York City
U.S. traded lower as the rhetoric ahead of G20 meeting heats up after China joined other emerging nations and Germany and resisted further U.S. economic stimulus. The dollar edged higher and gold traded near elevated levels. Amazon.com is in a deal to acquire parent of Diapers.com for $540 million.
- Devan Biswas
- 08 Nov, 2010
- New York City
Stocks in China region gained as crude oil traded at a 2-year high and commodities advance. Property developers gained as a flood of new money is expected in the sector after the U.S. adds $600 billion in new money supply.
- Mukesh Buch
- 08 Nov, 2010
- New York City
Stock in Mumbai fell. Coal India Limited declined 3.4% after surging 40% on the first day of offering last week. Jain Irrigation Systems soared 4.1% after net profit rose 46%. Reliance Power rose 4.5% after get credit of $5 billion from Exim bank. PowerGrid Corp sets the price for its offering.
- Marcus Jacob
- 08 Nov, 2010
- New York City
Stocks in Japan closed higher and touched 3-month high as the yen declined. The better than expected U.S. jobs report lifted sentiment. Japan Steel Works Ltd and Sumitomo Metals Mining Co revised annual net outlook higher.
- 123jump.com Staff
- 08 Nov, 2010
- New York City
The eyewear company reported quarterly net sales rose 19.7% to
- Bikram Pandey
- 05 Nov, 2010
- New York City
U.S. stocks closed mixed after private sector added jobs in the U.S. resource stocks and commodities closed higher after the dollar. France and China signed 16 billion euros agreements. Bank of Japan left its key rate unchanged and allocated stimulus.
- Devan Biswas
- 05 Nov, 2010
- New York City
European markets closed higher. France and China signed 15 billion euros agreement to sell uranium, aircrafts and energy projects. German factory orders declined 4% in September. Resource stocks closed higher.
- Bikram Pandey
- 05 Nov, 2010
- New York City
UK stocks closed fractionally higher. HSBC said bank profit exceed last year but sounded cautious on China and India. Canada based two pension funds agreed to acquire high speed rail link operation rights for thirty years. Food prices surged in October.
- Bikram Pandey
- 05 Nov, 2010
- New York City
U.S. stocks traded nearly flat after the release of better than expected employment report. U.S. employers added jobs for the first time since May. Private employers in construction and retail led the net new jobs additions. Unemployment stayed at 9.6%. Commodities increased and the dollar gained.
- Marcus Jacob
- 05 Nov, 2010
- New York City
Stocks in China region indexes gained tracking the increase in world markets. Resource stocks and commodities prices increased on the prospects of further decline in the U.S. dollar. Contractors and builders surged in Shanghai after Disney and China agreed to build a theme park.
- Marcus Jacob
- 05 Nov, 2010
- New York City
Stocks in Japan soared after the Bank of Japan left its key rate on hold and expanded its asset purchase program to real estate and stocks. The move widely anticipated followed the monetary stimulus program in the U.S. Automakers advanced after Nissan lifted its annual net outlook.
- Bikram Pandey
- 04 Nov, 2010
- New York City
U.S. and world markets rallied after the Fed stimulus and the U.S. elections. Central banks in Europe, UK and other smaller countries left rates on hold. Gold and silver surged as the dollar declined against all major currencies.
- Marcus Jacob
- 04 Nov, 2010
- New York City
Stocks in New York surged after the larger than expected Fed stimulus. Apollo Group declined nearly 8% after it confirmed an investigation. Big Lots dropped nearly flat same store sales. Telsa Motors surged after Panasonic acquired a stake. Whole Foods soared on higher than expected annual outlook.
- Arthi Gupta
- 04 Nov, 2010
- New York City
The UK indexes surged after the BoE retained key rate at 0.5% and bond purchase program at