- 123jump.com Staff
- 18 Aug, 2010
- New York City
U.S. stocks and indexes closed higher after merger deals and talks of hostile offer for Potash Corp lifted sentiment. European indexes declined despite the rise in construction output in July and employment rose in second quarter in Germany. Crude oil fell to one-month low and gold inches to record.
- Bikram Pandey
- 18 Aug, 2010
- New York City
U.S. stocks traded higher after mergers drive the trading sentiment. Most stocks in the Dow and S&P 500 index traded higher. Chico
- Arthi Gupta
- 18 Aug, 2010
- New York City
The UK indexes declined after an unsuccessful bid for Potash Corp by BHP Billiton. The Bank of England minutes noted policy makers voted 8-1 to retain key interest rate. Semtek and RBS WorldPay entered into a multi-year deal for security services.
- Arthi Gupta
- 18 Aug, 2010
- New York City
The European indexes fell after euro area construction output rose 2.7% in June. The Basel Committee noted capital and liquidity rules will have modest impact on economic growth. The OECD said GDP flat in the second quarter. German employment rose in the second quarter and retail sales fell in June.
- Arthi Gupta
- 18 Aug, 2010
- New York City
U.S. stocks traded sideways. Windstream agreed to buy Q-Comm for $782 million. The U.S. government enforces stricter guidelines for deepwater drilling. Nielsen IPO revised to raise $2 billion. Nidec agreed to buy Emerson Electric''s EMC business. Endocyte filed for $86.25 million IPO.
- Chandrasekhar Atreya
- 18 Aug, 2010
- New York City
Stocks in Mumbai rose sharply higher as international funds flows increase. Regulators are looking to increase investment limit for retail investors in a public offering. Gujarat Pipavav will launch its public offering on August 23 and Bajaj Corp IPO surges 18% on the first day.
- Chandrasekhar Atreya
- 18 Aug, 2010
- New York City
Stocks in China fell after real estate companies declined. China more than doubled its Korean debt holdings. Credit card delinquency drops despite the number of card holders on the rise in China. Li Ka-shing controlled company paid for two HK plots at the top end of market price.
- Chandrasekhar Atreya
- 18 Aug, 2010
- New York City
Nikkei in Japan rises tracking gains in the U.S. Mitsubishi led consortium to supply metro cars to Cairo, Egypt. Fire at Osaka refinery forces shut down of two units. Unemployed in Japan averaged 3.49 million a month in the quarter to June, with 1.2 million without work for more than a year.
- Chandrasekhar Atreya
- 18 Aug, 2010
- New York City
Stocks in Australia closed nearly flat after private survey showed weakening economic conditions and housing affordability index declined to near low. Economic growth slows in June. Potash Corp rejects BHP
- Nigel Thomas
- 17 Aug, 2010
- New York City
U.S. stocks advanced after unsolicited $39 billion merger proposal from BHP Billiton for Potash Corp and Pactiv Corp agreed to a buyout of $6 billion. Positive earnings from Home Depot, Wal-Mart and the TJX Companies lifted sentiment. European markets traded higher and Asian markets closed mixed.
- Bikram Pandey
- 17 Aug, 2010
- New York City
U.S. stocks edged higher after industrials and technology stocks led the gainers. Larger-than-expected increase in industrial production lifted energy and resource producers and steelmakers. Pactiv Corp rose 5% after it agreed to a buyout. Potash Corp gained after BHP Billiton offered $130 a share.
- 123jump.com Staff
- 17 Aug, 2010
- New York City
The Chinese search engine said total revenues surged 74.4% to RMB 1.914 billion in the second quarter. Net quarterly income soared 118.5% to RMB 837.4 million helped by a significant growth in revenue and healthy margin improvements. Earnings per ADS increased to RMB 2.40 from RMB 1.10 a year ago.
- Arthi Gupta
- 17 Aug, 2010
- New York City
The UK indexes climbed after a rise in mining and banking stocks. The BoE Governor Mervyn King warned inflation to remain above 2% till 2011. RBS agreed to sell
- Arthi Gupta
- 17 Aug, 2010
- New York City
The European indexes gained on positive earnings. China holdings in U.S. Treasury notes fell for the second month. Euro-zone current account deficit narrowed in June. German economic sentiment fell. Aegon agreed to repay
- Arthi Gupta
- 17 Aug, 2010
- New York City
U.S. stocks rose on better-than-estimated earnings from Wal-Mart and Home Depot. Producer Prices rose 0.2% and housing starts increased 1.7% in July but homebuilder confidence fell in August. Potash Corp. board rejected BHP Billiton''s $130 per share proposal.