- 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
- Mukesh Buch
- 02 Dec, 2010
- New York City
Costco said November comparable sales rose 9%. General Motors vehicle sales increased 11.4%. Kroger third quarter total sales soared 5.9% to $18.7 billion. Toll Brothers fourth quarter revenues declined 17.2% to $402.6 million.
- Arthi Gupta
- 02 Dec, 2010
- New York City
The UK indexes rose after construction activity slowed in November. GlaxoSmithKline inched closer to acquire China-based Nanjing MeiRui Pharma. TUI Travel annual loss widened 65% as sales declined 3.2%.
- Arthi Gupta
- 02 Dec, 2010
- New York City
The European indexes traded sideways after the European Central Bank retained liquidity measures and held key rate at 1%. Spain successfully raised nearly
- Chandrasekhar Atreya
- 02 Dec, 2010
- New York City
Sydney stocks surged nearly 2% on positive economic data from China and the U.S. Retail sales drops for the first time in eight months. Trade surplus in October was $2.625 billion.
- Arthi Gupta
- 02 Dec, 2010
- New York City
U.S. stocks traded higher after Spain successfully raised nearly
- Chandrasekhar Atreya
- 02 Dec, 2010
- New York City
Tokyo stocks surged the most in two weeks on positive U.S. economic data. Business investment in September quarter rises 5%, breaking a three-year losing streak. Tobacco Tax revenue surges 120% in October from a year earlier. Year-end bookings by tourists to China drop 50%.
- Chandrasekhar Atreya
- 02 Dec, 2010
- New York City
Stocks in Shanghai and Hong Kong closed higher after U.S. private employers expanded employment in November and manufacturing expanded. Expectations ran higher that the United States may offer more capital to IMF to help ease European debt crisis. PetroChina plans to expand oil and gas network.
- Mukesh Buch
- 02 Dec, 2010
- New York City
Apollo Hospitals plans to sell 49% stake in its pharmacy chain. Hero Honda Group agreed to increase royalty payments to the parent company in Japan. Union Cabinet has approved ONGC stock split. UltraTech Cement November sales fell.
- Chandrasekhar Atreya
- 02 Dec, 2010
- New York City
Stocks in Mumbai closed higher for the third day in a row tracking the gains in Asia and international markets. Whole price index showed a decline and food price inflation dropped to 18-month low. Azim Premji, the founder of Wipro Ltd set up a philanthropic trust with his personal assets of $1.9 billion.
- Bikram Pandey
- 01 Dec, 2010
- New York City
U.S. and European markets closed up more than 2% after U.S. private sector hiring expanded and manufacturing continued to rebound. The euro and European markets gained after the European Central Bank stepped up its Irish and Portuguese bonds buying.
- Mukesh Buch
- 01 Dec, 2010
- New York City
Copart Inc declined after the junk yard operator said sales declined. Microchip Technology rose after it tightened the outlook. OminVision Technologies soared. Corinthian Colleges Inc said chief executive resigned. Google plans to open an online electronic book store. Motorola Inc separates business
- Arthi Gupta
- 01 Dec, 2010
- New York City
UK indexes closed higher after commodities rose after China reported manufacturing expansion. Home prices fell in November. Rolls-Royce won $420 million order from Hawaiian Airlines. Thomas Cook plunged after it reported sales decline of 4% and annual net loss.
- 123jump.com Staff
- 01 Dec, 2010
- New York City
The specialty coffee roaster and retailer net quarterly revenue increased 9% to $80.2 million. Net income in the quarter surged 52% to $3.8 million. Earnings per share grew to 28 cents per share, compared to 19 cents per share in the corresponding period last year.