- Chandrasekhar Atreya
- 30 Sep, 2010
- New York City
Stocks in Sydney fell on the worries that a slowdown in home sales may affect banks. In addition a plan by a rating agency to stress test bank portfolio for mortgage securities. Drop in new home building approvals brings down the Australian dollar from its near two-year high level.
- Bikram Pandey
- 29 Sep, 2010
- New York City
U.S. indexes rebounded from their lows of the day but the dollar declined and commodities and gold advanced. The rally in indexes this month is still the largest September since 1939. Energy complex stocks gained after crude oil increased to the two week high.
- Arthi Gupta
- 29 Sep, 2010
- New York City
The UK indexes pared gains after mortgage approvals fell in August. The UK productivity growth rose in the second quarter, services output improved in July, and gross mortgage lending remained flat in the month. British Airways agreed to launch transatlantic joint business with AA and Iberia.
- Bikram Pandey
- 29 Sep, 2010
- New York City
American Greetings plunged more than 11% after it reported revenues and profit decline. Family Dollar Stores, Inc after fiscal fourth quarter sales increased 8%. Green Mountain Coffee Roasters Inc. plunged 15% after the SEC opens investigation.
- Arthi Gupta
- 29 Sep, 2010
- New York City
The European indexes slid after euro-zone economic confidence rose in September. The EU proposed tougher sanctions on budget offenders. German inflation accelerated and French consumer sentiment climbed in September. Romania central bank retained key rate at 6.25%.
- Arthi Gupta
- 29 Sep, 2010
- New York City
U.S. stocks fell after mortgage refinance applications declined. China manufacturing index rose to a five-month high. Northrop Grumman won $2.6 billion Homeland Security contract and Boeing received contract from the U.S. Navy valued at $5.3 billion.
- Chandrasekhar Atreya
- 29 Sep, 2010
- New York City
Stocks in Mumbai traded lower after the rupee surged to new high for the year and a regional court ordered the closure of copper plant run by Sterlite Industries. The debt heavy ADAG business group looks to raise funds through public offering and stake sale. ADB lifts India growth target to 8.5%.
- Chandrasekhar Atreya
- 29 Sep, 2010
- New York City
Stocks in Shanghai traded marginally lower and in Hong Kong gained more than 1%. ADB reaffirmed that Chinese economy will expand 9.6% in the current fiscal year. World
- Chandrasekhar Atreya
- 29 Sep, 2010
- New York City
Japan indexes staged a minor rally after a quarterly survey of business sentiment among large corporation showed improved sentiment. However the plans for capital expansion are less than expected and the sentiment is expected to turn negative in the next quarter.
- Chandrasekhar Atreya
- 29 Sep, 2010
- New York City
Australian dollar advanced and inched closer to parity with the U.S. dollar, the largest monthly gain since May 2009. Sales of new homes fell for the fourth month in a row. ASX CEO plans to step down next year.
- 123jump.com Staff
- 28 Sep, 2010
- New York City
U.S. stocks edged higher in a choppy trading but the dollar declined. Metals and commodities traded up and gold and silver reached new highs. U.S. consumer confidence declined more than expected. Barnes & Noble shareholders reappointed Chairman Leonard Riggio. Emerging markets retain momentum.
- Bikram Pandey
- 28 Sep, 2010
- New York City
Cognex soared after it lifted its annual revenues outlook. Walgreen Company surged more than 9% after quarterly earnings increased nearly 8%. Endo Pharmaceuticals surged more than 9% after it agreed to acquire Qualitest Pharmaceuticals for $1.2 billion. Monsanto declined more than 6%.
- Arthi Gupta
- 28 Sep, 2010
- New York City
The UK indexes fell after GDP expanded 1.2%, current account deficit narrowed, and business investment improved in the second quarter. The UK high street sales rose in September and home price growth slowed in August.
- Arthi Gupta
- 28 Sep, 2010
- New York City
The European indexes traded sideways after French consumer spending declined in August. German consumer sentiment surged in October. Sweden retail sales unchanged in August. Telef
- Arthi Gupta
- 28 Sep, 2010
- New York City
U.S. stocks open higher. President Obama signed small business bill into law. The ADB raised Asia growth forecast to 8.2% TransDigm agreed to buy McKechnie Aerospace for $1.27 billion and Endo Pharmaceuticals agreed to acquire Qualitest Pharmaceuticals for $1.2 billion.