- Arthi Gupta
- 13 Aug, 2010
- New York City
The UK indexes gained a fraction after construction industry expanded. The increase in the construction spending may boost second quarter GDP. Aviva rebuffed RSA Insurance''s $7.8 billion offer for general insurance business. BP agreed to pay $50.6 million fine for Texas oil refinery explosion.
- Arthi Gupta
- 13 Aug, 2010
- New York City
The European indexes pared early gains amidst concerns of global economic recovery. Euro-zone trade balance turned surplus of
- Arthi Gupta
- 13 Aug, 2010
- New York City
U.S. stocks decline after CPI rose 0.3% and retail sales grew 0.4% in July. India may demand Google and Skype messaging services to comply with tighter monitoring as it tightens security measures. Nordstrom quarterly sales increased 12.7% and net surged 38.6%.
- Chandrasekhar Atreya
- 13 Aug, 2010
- New York City
Stocks in Mumbai gained led after better-than-expected profits from Tata Steel and Adani. Bank of India plans to raise capital to increase its regulatory capital requirements. India gives two more weeks to Research in Motion Ltd to resolve security issues. Darjeeling tea prices surge 50%.
- Chandrasekhar Atreya
- 13 Aug, 2010
- New York City
The steep rise in the yen continues to garner attention from stock investors and central bank policy makers. The yen is hovering near the fifteen year high against the dollar as Japanese corporation bring back earner profits from the U.S. Electricity generation in July climbs.
- Chandrasekhar Atreya
- 13 Aug, 2010
- New York City
Market indexes in China gained while in Hong Kong declined. China
- Chandrasekhar Atreya
- 13 Aug, 2010
- New York City
Stocks in Australia gained after a late rally in mining stocks. Qantas Airways reports improvement in bookings from the domestic and Asia markets. AngloGold increases it gold output target. Atlas Iron is closer to acquiring Aurox Resources.
- 123jump.com Staff
- 12 Aug, 2010
- New York City
U.S. stocks declined after jobless claims rose, yet another data point suggesting protracted economic recovery after trade deficit widened. Energy prices declined but gold rose more than 1% for the second day in a row. The European Central Bank estimated moderate growth in the euro area.
- 123jump.com Staff
- 12 Aug, 2010
- New York City
The credit card service provider second quarter total revenues rose 13% to $6.86 billion. Net income in the quarter surged 202% to $1.02 billion helped by the strong performance in the U.S. Card Services division. Earnings per share rose to.84 cents as against 9 cents in the year-ago quarter.
- Arthi Gupta
- 12 Aug, 2010
- New York City
The UK indexes gained after GlaxoSmithKline won regulatory approval for ezogabine. UK mortgage possession claims eased in the second quarter. Irish CPI slackened in July. Centrica agrees to acquire Suncor gas assets for
- 123jump.com Staff
- 12 Aug, 2010
- New York City
U.S. stocks traded lower and three popular indexes declined. Aegean Marine plunged as much as 23% after it posted lower than expected profit. Cisco dropped 10% after it missed revenues estimate. Semiconductor industry stocks declined.
- Arthi Gupta
- 12 Aug, 2010
- New York City
The European indexes declined after U.S. weekly jobless claims rose and euro-zone industrial output dipped in June. The ECB estimated moderate growth in the euro area. Hungarian banks tightened household lending conditions.
- Arthi Gupta
- 12 Aug, 2010
- New York City
U.S. stocks traded lower after weekly jobless claims rose 2,000 to 484,000. U.S. foreclosure filings fell in July. Apache completed acquisition of BP Permian Basin assets for $3.1 billion. Cisco said its quarterly profit soared 79% as sales rose 27%.
- Chandrasekhar Atreya
- 12 Aug, 2010
- New York City
Stocks in Mumbai closed little changed despite SBI reported a 25% increase in quarterly profit. Industrial production increased at a slower pace in June. Reserve Bank of India is reviewing its policy to issue additional bank licenses and may require minimum capital of $250 million.
- Chandrasekhar Atreya
- 12 Aug, 2010
- New York City
Stocks in China region tumbled for the second day on global outlook. Consumer confidence rises in the second quarter with the rural areas benefitting from a rise in government spending. Hong Kong Exchanges and Clearing Ltd reported 3% increase in first half.