- Arthi Gupta
- 19 Jul, 2010
- New York City
European stocks fall after International Power and GDF Suez SA renews negotiations for a combination of certain assets. Euro-zone construction output declines and current account deficit widens in May. The IMF rejects Hungary
- Arthi Gupta
- 19 Jul, 2010
- New York City
U.S. stocks trade higher after a significant sell-off on Friday. Moody''s downgrades the Ireland sovereign debt. The Carlyle Group and TPG Capital agree to acquire Healthscope for $2.7 billion. Nokia Siemens agreed to acquire wireless network infrastructure assets of Motorola for $1.2 billion.
- Chandrasekhar Atreya
- 19 Jul, 2010
- New York City
Stocks in Mumbai fluctuated and closed lower. Trade deficit widens in first quarter. Canara Bank net zooms. Reliance Com shares jump on the speculation of stake sale to Etisalat. Torrent Pharma gets tentative US regulatory approval.
- Chandrasekhar Atreya
- 19 Jul, 2010
- New York City
Stocks in Australia track lower after U.S. indexes plunged more than 2.5% on Friday. Prime Minister Gillard sets August 21 for the general election. U.S private equity funds Carlyle and TPG win the takeover of Healthscope. Dampier Gold begins subscription for its initial public offering.
- Chandrasekhar Atreya
- 19 Jul, 2010
- New York City
Stocks in China rose and in Hong Kong fell. Export growth may drop 50% or more in the second half of the year says a government agency. Ford Motor starts construction of assembly plant in Nanchang. Explosion at Dalian New Port leads to an oil spill.
- 123jump.com Staff
- 16 Jul, 2010
- New York City
U.S. stocks dropped sharply after General Electric, Google and Bank of America led the decliners. The market indexes dropped more than 2.5% after Bank of American estimated higher credit card charges and said industry may have under estimated.
- Arthi Gupta
- 16 Jul, 2010
- New York City
The UK indexes trade higher after BP successfully halted flow of oil into the Gulf of Mexico. BP begins well integrity test on the MC252 well. The UK first quarter construction output drops. Ireland Central Bank Governor stresses capital requirement needs will be met by banks.
- Mayank Mehta
- 16 Jul, 2010
- New York City
Gannett Co., Inc. led the decliners in the S&P 500 index with a loss of 8.8%. Google net rises as advertising sales increase. Opnet shares off after earnings and revenue update. W.W. Grainger earnings up 40%. Citigroup reports profit drop and beats estimates. Bank of America profit and revenue slip.
- Arthi Gupta
- 16 Jul, 2010
- New York City
The European markets decline after weaker-than-expected revenue from U.S. corporations. The Basel Committee urges for a countercyclical capital buffer proposal. French PM optimistic Europe will rebound from the current financial crisis. Euro-zone trade balance slides to
- Chandrasekhar Atreya
- 16 Jul, 2010
- New York City
Stocks in Australia closed lower. OZ Minerals raises its forecast for gold output. National Australia Bank seeks extension for locating a buyer for AXA Pacific
- Arthi Gupta
- 16 Jul, 2010
- New York City
U.S. stocks trade sideways after GE reported lower revenue. U.S. inflation falls 0.1% in June. Senate approves Financial Reform Bill. Goldman Sachs agrees to $550 million settlement with the SEC. BP begins well integrity test on the MC252 well. RealD prices IPO at $16 a share.
- Chandrasekhar Atreya
- 16 Jul, 2010
- New York City
Stocks in Japan fell on gloomy outlook in the U.S. Toyota and Nissan plan to expand output in Latin America. Komatsu plans to double output. Japan delays import of wheat. Demand for services falls in May. A new rail link from central Tokyo to Narita airport will cut travel time.
- Chandrasekhar Atreya
- 16 Jul, 2010
- New York City
Stocks in China region fluctuated. Shanghai proposes gold exchange certificates for mutual funds. Agbank shares fare better in Hong Kong debut. Three officers of Zijin Mining are detained by police following investigations. Sichuan Western Resources permitted to purchase mining rights in Jiangxi.
- Chandrasekhar Atreya
- 16 Jul, 2010
- New York City
Stocks in Mumbai traded higher on earnings outlook. TCS reports first quarter profit surged 24%. Technofab Engineering gained 18% on debut. IOL Chemicals soared on preferential issue plan. UTV Software increased 5% on strong first quarter results.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 15 Jul, 2010
- New York City
The UK indexes edge lower after a sharp decline in commodities. The BoE reports a decline in housing equity and Miles reaffirms his loose monetary policy stance. UK first quarter productivity rises. The IMF notes Ireland needs to strengthen its financial stability network.