- 123jump.com Staff
- 06 Dec, 2010
- New York City
The brokerage services provider net quarterly revenues dipped 7.4% to $608.84 million. Net income fell 27% to $113.96 million in the quarter on reduced trading activity. Earnings fell to 20 cents per diluted share from 26 cents per share a year-ago quarter.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
Stocks in Mumbai failed to hold intra-day gains. India and France sign $9.3 billion deal for two nuclear power plants and look for ways to deepen military and energy collaboration. Gujarat Urja Vikas Nigam Ltd plans to build $1.8 billion solar power park in Patan region.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
China stocks fluctuated but closed higher whereas Hong Kong index edged lower. Central Bank advisor urged China to boost its gold reserves and diversify currency reserves. Grain output in China surges 2.9% till November from a year ago period.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
Stocks in Japan edged lower as resource stocks led the gainers. The weaker than expected U.S. jobs report dragged exporters lower. The government expects fiscal 2011 trade surplus of 9.77 trillion yen. Sale of imported cars climbs 34% in November.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
Sydney stocks traded sideways as the miners led the gainers and banks declined. Job ads in Australia rose for the seventh month in a row in November. Rio Tinto may offer $3.5 billion to Riversdale as two companies explore possibilities.
- 123jump.com Staff
- 04 Dec, 2010
- New York City
The lifestyle specialty retailer net sales increased 13% to $574 million in the quarter on comparable store sales rise of 1%. Net quarterly earnings rose 17% to $73.1 million. Earnings per share grew to 43 cents from 36 cents per share in the prior-year quarter.
- Bikram Pandey
- 03 Dec, 2010
- New York City
U.S. stocks and indexes struggled after employers added less than expected and unemployment rate increased. The dollar declined and oil and gold surged. European indexes pared gains and the Bundesbank offered positive outlook for the German economy.
- Arthi Gupta
- 03 Dec, 2010
- New York City
The UK indexes slid after services industry index slackened and foreign currency reserves fell in November. Premier Foods confirmed talks to sell its
- Arthi Gupta
- 03 Dec, 2010
- New York City
The European indexes pared gains as the euro-zone private sector activity and retail sale improved. The Bundesbank reiterated that German economic recovery is on track. German services PMI rose in November. French service sector growth accelerated in November.
- Arthi Gupta
- 03 Dec, 2010
- New York City
U.S. stocks declined in the early trading after employers added less than anticipated staff in November. Pending home sales soared in October. Walter Energy and Western Coal in C$3.3 billion merger deal. Sunoco agreed to sell Toledo Refinery for $400 million.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
The benchmark index Sensex declined after rising more than 3% in the last four sessions. Auto sales rose in November on the strength in small car sales. Maruti Suzuki unit sales surged 28% and Mahindra and Mahindra sales rose 18%.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
Shanghai stocks traded lower and closed nearly unchanged and lost 1% in the week. Gold imports in the first ten months soared five-fold. China plans a shift in monetary policy stance in 2011 to contain inflation. GM, the first global automaker, sold 2 million cars in a year in China.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
Stocks in Japan closed higher after U.S. retail chain stores sales surged in November and home sales index increased. European Central Bank also stepped up buying of bonds of weak economies. Finance minister propose to revise taxes on dividend and capital gains from 2012.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
Australian shares closed marginally up. Rio Tinto and Chinalco agreed to form a joint venture to explore new deposits in China. November auto sales rise 1.8% in Australia. Western Australia approves a bill allowing BHP and Rio Tinto for further expansions in the state with a one-time payment of A$350 million.
- Bikram Pandey
- 02 Dec, 2010
- New York City
U.S. stocks closed higher after same store sales rose more than expected in November. European markets closed higher after the ECB stepped up bonds buying and Spain completed the sale of