- Chandrasekhar Atreya
- 13 Dec, 2010
- New York City
Australian stocks closed higher and banks led gainers after Treasurer Wayne Swann revised banking rules to foster competition in the sector. NSW Power privatization identifies Origin Energy and TRUenergy as the key winners.
- 123jump.com Staff
- 11 Dec, 2010
- New York City
The information company reported quarterly revenues rose 1.2% to $3.26 billion. Net quarterly earnings surged 65% to $268 million reflecting increase in revenues at its Professional and Markets division. Earnings grew to 32 cents per share from 19 cents per share in the year-ago quarter.
- Bikram Pandey
- 11 Dec, 2010
- New York City
U.S. trade deficit declined to a two-year low after exports rose on a falling dollar. Exports rose on the strong demand from emerging markets including China, Mexico and Brazil. General Electric increased its quarterly dividend 17% to 14 cents, second increase in the year.
- Mukesh Buch
- 10 Dec, 2010
- New York City
Brown-Forman second quarter net sales increased 1.4%. E. I. du Pont estimated higher sales but earnings trailed estimates. Ferrellgas first quarter net sales increased 14%. Vail Resorts first quarter net sales soar.
- Arthi Gupta
- 10 Dec, 2010
- New York City
The UK indexes traded mixed after home prices rose in November. Various home price indexes have shown a diverging picture in the UK real estate market. Irish manufacturing output growth slackened. Flybe Group PLC began trading in London and raised
- 123jump.com Staff
- 10 Dec, 2010
- New York City
The junk car auctioneer total service revenues and vehicle sales for the quarter rose 14.7% to $212.7 million. Net quarterly profit increased 7% to $37.8 million. Earnings grew to 45 cents per share from 42 cents per share for the year-ago quarter.
- Arthi Gupta
- 10 Dec, 2010
- New York City
The European indexes traded sideways after German inflation rose in November and French manufacturing slumped in October. Hungarian inflation remained flat in November and Swedish industrial production rose less than anticipated in October.
- Arthi Gupta
- 11 Dec, 2010
- New York City
U.S. stocks gained after U.S. trade deficit contracted in October but export prices surged in November. Beckman Coulter contemplated sale on buyout offers. Sinopec agreed to acquire Occidental Petroleum''''''''s Argentinean assets for $2.45 billion.
- Mukesh Buch
- 10 Dec, 2010
- New York City
Apollo Hospitals is looking to raise as much as $200 million. Bulk trading lifted ACC Limited, Century Enka Limited and Tata Elxis Ltd. Nagarjun Construction soared after it won several orders. Kalpataru Power Transmission Limited won $150 million of orders.
- Chandrasekhar Atreya
- 10 Dec, 2010
- New York City
Stocks in Mumbai gained more than 1% after industrial production surged 10.8% in October following a 4.4% increase in September. Canada
- Chandrasekhar Atreya
- 10 Dec, 2010
- New York City
China key stock index gains in trade to reverse most of the losses in the week. Trade surplus in the month rose to $22.9 billion and exports soared 35%. China freezes coal prices at current levels to arrest inflation.
- Chandrasekhar Atreya
- 10 Dec, 2010
- New York City
The Nikkei index in Tokyo declined from the seven-month high but closed higher for the sixth week in a row. Economy in the quarter to September expanded at a faster rate of 4.5%. Pola Orbis struggled on the first day of trading. Machine tool orders double in November.
- Chandrasekhar Atreya
- 10 Dec, 2010
- New York City
Sydney indexes edged higher after China reported a surge in exports and Australia
- Bikram Pandey
- 09 Dec, 2010
- New York City
U.S. and European closed mixed and U.S. bonds gained. AIG surged after the U.S. Treasury official asserted that the government is looking to sell its 92% stake as soon as practicable. AIG soared 11%. U.S. wholesale sales in October surged 13.4% and weekly jobless claims are trending lower.
- 123jump.com Staff
- 09 Dec, 2010
- New York City
The provider of international crude oil and petroleum product transportation services reported net quarterly revenues fell 5% to $408.4 million. Net quarterly loss widened 31% to $186.0 million or $2.55 per share, compared to a net loss of $142.2 million or $1.96 per share in the year-ago quarter.