- Arthi Gupta
- 02 Sep, 2010
- New York City
The European indexes fell after the ECB left key rate unchanged at 1%. Euro-zone GDP expanded 1% in the second quarter and wholesale inflation rose 0.2% in July. French unemployment rate declined 9.3% in the second quarter. Sweden raised interest rates to 0.75%.
- Arthi Gupta
- 02 Sep, 2010
- New York City
U.S. stocks trade sideways after weekly jobless claim fell 6,000 to 472,000 and productivity declined 1.8% in the June quarter. India demanded Google, Skype, and RIM set up local servers. Orexigen and Takeda in $50 million deal to develop and commercialize obesity drug.
- Devan Biswas
- 02 Sep, 2010
- New York City
Stocks in Mumbai trading closed higher after international markets surged. The Sensex closed up 0.2%. Gold traded up but demand dwindled on record high prices. Bajaj Auto Ltd reported record monthly sales in August.
- Marcus Jacob
- 01 Sep, 2010
- New York City
World stocks rallied after the surprise increase in U.S. manufacturing index and China manufacturing edged up and Australia
- Bikram Pandey
- 01 Sep, 2010
- New York City
U.S. stocks surged after manufacturing index showed a surprise growth and small but still an expansion in China. Commodities linked Australian economy registered 1.2% growth. Investors are awaiting monthly jobless data and rate report on Friday.
- Devan Biswas
- 01 Sep, 2010
- New York City
Brown Forman Corp dropped 6% after the maker of spirits and vodka reported lower than expected earnings. G-III Apparel Group Ltd reported higher than expected earnings. Netflix Inc soared 5%. Burger King Holdings Inc soared 10%.
- Arthi Gupta
- 01 Sep, 2010
- New York City
The UK indexes traded higher after positive global economic data. The UK manufacturing growth plunged to nine-month low in August. Irish live register of total unemployment rose for the sixth month in a row to August, manufacturing slackened in August and retail sales fell in July.
- 123jump.com Staff
- 02 Sep, 2010
- New York City
The apparel distributor total net revenue increased 10.5% to $577.1 million in the quarter. Net quarterly earnings rose 12% to $66.8 million. Earnings per share grew to 72 cents compared to 64 cents per share in the prior-year quarter.
- Arthi Gupta
- 01 Sep, 2010
- New York City
European stocks rose after euro-zone manufacturing fell to six-month low in August. German retail sales drop in July and manufacturing growth declined in August. Greek manufacturing slid in August. French manufacturing index surged.
- Arthi Gupta
- 01 Sep, 2010
- New York City
U.S. stocks gain after private sector employment fell 10,000 in August and mortgage applications rose for a fifth week in a row. 3M proposed to acquire Attenti for $230 million. BP agreed to sell Malaysian operations to Petronas for $363 million.
- Chandrasekhar Atreya
- 01 Sep, 2010
- New York City
Stocks in Mumbai traded sharply higher after exports increased 13.2% and trade deficit expanded 42%. July exports increased 13.2% and imports soared 34.3%. Rupee gained. Manufacturing index showed a smaller than expected growth. Nalco looks for investment in Indonesia.
- Chandrasekhar Atreya
- 01 Sep, 2010
- New York City
A better-than-expected Chinese manufacturing and GDP expansion in Australia helped the benchmark index in Tokyo. The two-week leadership race for the ruling party began today. Car subsidies may end earlier than the deadline set by the government.
- Chandrasekhar Atreya
- 01 Sep, 2010
- New York City
Stocks in China fell while those in Hong Kong rallied. New home sales are set to begin in September, the traditional high season for purchases. First-half income of mainland listed companies jump 41%.
- Chandrasekhar Atreya
- 01 Sep, 2010
- New York City
Stocks in Australia rallied after the GDP expanded at the fastest pace in three years at 1.2%. Exports rose 5.6% in the quarter and added 1.1 percentage point to the expansion. Manufacturing index increased at a slower pace in August. Paladin targets uranium exports to China.
- Bikram Pandey
- 31 Aug, 2010
- New York City
U.S. stocks traded sideways and crude oil and copper declined. For the month, the Dow declined 4% and the Nasdaq index fell 6%. Gold increased 5.6% and crude oil declined nearly 9%. Market index in Japan declined 7.5% in August as the yen rallied 6%.