- 123jump.com Staff
- 03 Aug, 2010
- New York City
U.S. stocks declined after pending home resale in the prior month declined and June consumer purchases were nearly unchanged and savings rate increased. Energy complex stocks gained after crude oil traded above $82 per barrel. The dollar edged lower against the euro and the yen.
- 123jump.com Staff
- 03 Aug, 2010
- New York City
Atlas Air second quarter sales surged 48% and net soared 188%. Quarterly sales at Coach Inc increased 22% and net gained 34%. Lear Corp swung to net profit and Marathon Oil net surged 72%.
- Arthi Gupta
- 03 Aug, 2010
- New York City
The UK indexes declined tracking lower commodity prices. The UK construction sector activity eased in July. Cameron and Clegg pledge for working towards economic recovery in the UK. BP Plc agrees to sell Colombian business to Ecopetrol and Talisman.
- Arthi Gupta
- 03 Aug, 2010
- New York City
European markets fall after bank stocks decline. Euro-zone wholesale inflation eases 0.3% in June. Spanish unemployment declines for the fourth consecutive month as consumer confidence improves in July. Swiss consumer prices fall for third month. Sanofi-Aventis is in talks to acquire Genzyme.
- Arthi Gupta
- 03 Aug, 2010
- New York City
U.S. stocks fall after Procter & Gamble Co reported a decline in earnings. Personal income rises 0.1% in June. MetLife announces offering of 75 million shares and $3 billion in senior debt. Sanofi-Aventis is in talks to acquire Genzyme for $20 billion.
- Chandrasekhar Atreya
- 03 Aug, 2010
- New York City
Stocks in Mumbai traded higher after positive earnings and Coal India prepares for its public offering. SKS Microfinance IPO was oversubscribed nearly 14 times. NMDC reports 100% jump in first quarter profit. Adani plans to import 400,00 tons of coal.
- Chandrasekhar Atreya
- 03 Aug, 2010
- New York City
Stocks in China fell on a weakness in banks while in Hong Kong edged higher. Shanghai new home sales slowed in July. Geely Holdings completes $1.5 billion acquisition of Volvo. A new Foxconn facility starts production of iPhones in Henan Province.
- Chandrasekhar Atreya
- 03 Aug, 2010
- New York City
Stocks in Japan gained on earnings outlook. Funai Electric Co first quarter net drops. Toyota appoints lead lawyer against class action lawsuit in the U.S. J-Power plans to replace two ageing coal-fired power plants in Hiroshima prefecture.
- Chandrasekhar Atreya
- 03 Aug, 2010
- New York City
Stocks in Australia traded higher on offshore leads after RBA left interest rate unchanged. Building approvals falls in June. Linc Energy stops trading of shares till August 5. Aston Resources IPO started on Monday.
- 123jump.com Staff
- 03 Aug, 2010
- New York City
U.S. stocks surged after the latest report in manufacturing industry and construction spending and positive earnings. Market indexes traded as high as 2.1% and crude oil rallied. The dollar edged lower against the pound and the euro. Earnings from HSBC, BNP Paribas and Humana lifted sentiment.
- 123jump.com Staff
- 02 Aug, 2010
- New York City
U.S. stocks traded sharply higher after manufacturing expanded and positive earnings reports. S&P 500 index extended gains of 6.9% in July by another 1.6%. Banks traded higher in the U.S. and in Europe after HSBC reported pre-tax profit doubled.
- Arthi Gupta
- 02 Aug, 2010
- New York City
The UK indexes soar after HSBC first-half profit more than doubles. The UK manufacturing index dips in July. Irish manufacturing sector slows in July. BP establishes $100 million fund through Baton Rouge Foundation and is gearing to permanently seal ruptured oil well in the Gulf of Mexico.
- Arthi Gupta
- 02 Aug, 2010
- New York City
The European markets surge after BNP Paribas and HSBC reported upbeat results. Euro-zone and German manufacturing indexes rise to a three-month high but the index for France drops to 10-month low in July. Swiss retail sales fall in June.
- Arthi Gupta
- 02 Aug, 2010
- New York City
U.S. stocks gain after better-than-estimated earnings. BP establishes $100 million fund and prepares to permanently seal leaking oil well. Geely completes the purchase of Volvo Car Corp. for $1.8 billion. The UAE joins Bahrain and India and may suspend BlackBerry messaging services from October.
- Chandrasekhar Atreya
- 02 Aug, 2010
- New York City
Stocks in Mumbai gained the most in a month and a half led by the positive results of ICICI Bank. SEBI allows currency options on dollar-rupee exchange rate direction. Consumer Price Index for industrial workers rises in June. Berger Paints expands to double capacity.