- Devan Biswas
- 02 Nov, 2010
- New York City
Oracle Corp agreed to acquire e-commerce software Art Technology for $1 billion. The acquisitive database software added its ninth target for the year as it expands into Internet and telecom application software.
- Bikram Pandey
- 02 Nov, 2010
- New York City
BP plc gained after it reported third quarter revenues increased 10%. Energizer Holdings, Inc. plunged after quarter sales drifted lower. Expeditors International of Washington, Inc quarterly sales and earnings surged more than 60%.
- Arthi Gupta
- 02 Nov, 2010
- New York City
The UK indexes rose on strong earnings. The UK construction activity fell to an 8-month low in October. Irish manufacturing sector expanded but consumer sentiment deteriorated to 17-month low in October. BP net plunged on $7.7 billion pre-tax charge related to the Gulf of Mexico oil spill.
- Arthi Gupta
- 02 Nov, 2010
- New York City
The European indexes gained after euro area manufacturing activity improved in October. Romania Central Bank retained key rate at 6.25%. German manufacturing sector expanded and machinery orders surged. French manufacturing PMI dipped in October.
- Devan Biswas
- 02 Nov, 2010
- New York City
Stocks in China region fell on the worries that government may be forced to raise rates and tighten home lending. Those fears were underscored today as local economists raise the prospect of faster inflation and India and Australia lifted rates today. Commodities prices edged lower.
- Arthi Gupta
- 02 Nov, 2010
- New York City
U.S. stocks traded higher ahead of the two-day Fed meeting and midterm elections. Google sued the U.S. Interior Department over messaging-service contract. GE Capital agreed to sell stake in Garanti Bank to BBVA for $3.78 billion.
- Devan Biswas
- 02 Nov, 2010
- New York City
Stocks traded sideways as the Reserve Bank of India lifted rates for the sixth time this year. The rate hikes have failed to tame elevated food prices and stubborn inflation and record property and asset prices.
- 123jump.com Staff
- 02 Nov, 2010
- New York City
Stock in Mumbai closed lower. Bajaj Auto Ltd. rose 1% after sales increased 32%. DLF Limited plunged 3.5% after RBI tightened home lending and raised rates. Emami Limited surged 5.4% after net profit gained 45.3%. GlaxoSmithKline rose 1% after net profit rose 31%. PVR Limited gained 3%.
- Devan Biswas
- 01 Nov, 2010
- New York City
U.S. stocks struggled as investors guessed the size of Fed stimulus this week. Commodities traded higher as the dollar traded volatile and China reported manufacturing expansion. Ambac Financial Group missed a bond payment and is seeking to file a bankruptcy.
- Bikram Pandey
- 01 Nov, 2010
- New York City
Baker Hughes Inc rose more than 5% after earnings exceeded expectations. EXCO Resources Inc soared after chief executive offered to take company private. Fortinet Inc soared on the takeover speculation. Wilmington Trust plunges on a lower than expected buyout offer.
- Arthi Gupta
- 01 Nov, 2010
- New York City
The UK indexes advanced after manufacturing activity growth accelerated unexpectedly and home prices fell in October. Irish private sector credit growth slackened in September. BG Group sanctioned Queensland Curtis LNG project.
- Arthi Gupta
- 01 Nov, 2010
- New York City
The European indexes traded sideways ahead of the rate decision in the U.S tomorrow. The IMF estimated economy in Poland to expand 3.5%. Swedish manufacturing growth slackened and Swiss industrial activity declined in October. ICBC agreed to buy U.S. brokerage firm from BNP Paribas.
- Arthi Gupta
- 01 Nov, 2010
- New York City
U.S. stocks gained after manufacturing index in China rose to 6-month high. U.S. personal income unexpectedly fell 0.1% in September. AIG raised $20.5 billion through AIA IPO. McKesson agreed to acquire U.S. Oncology for $2.16 billion in cash.
- Mukesh Buch
- 01 Nov, 2010
- New York City
Stock in Mumbai surged after market leader Reliance Industries, pharmaceuticals and banks report higher earnings. Hero Honda Motors fell 1.3% after net profit declined 15.33%. Reliance Industries fell 0.2%. The Shipping Corporation of India net surged six fold. TVS Motor surged 6.2%.
- Devan Biswas
- 01 Nov, 2010
- New York City
Stocks in Mumbai traded sharply higher after the market leader Reliance Industries reported 28% increase in earnings. Resource stocks gained after China reported faster economic growth. The Reserve Bank of India is expected to announce a rate hike tomorrow.