- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 30 Jun, 2010
- New York City
The UK indexes trade sideways after European banks borrowed less than expected from the ECB. UK business investment grows 7.8% in the first quarter and coalition budget to cost 1.3 million jobs.
- Mayank Mehta
- 30 Jun, 2010
- New York City
Acuity Brands, Inc. led the decliners in the S&P 500 index with a loss of 10.6%. American Greetings shares down nearly 6%. Monsanto posts smaller quarterly profit. General Mills profit slips and forecast lags estimate. Sealy swings to second-quarter profit.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 30 Jun, 2010
- New York City
The European markets slide after disappointing U.S. private sector employment report. ECB agrees to lend $161 billion to banks and extends bank support schemes in Netherlands, Slovenia, Greece and Poland. Portuguese government uses
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 30 Jun, 2010
- New York City
U.S. stocks advance after ECB announces lending of $161 billion to banks. ADP report noted private sectors added 13,000 jobs in June. Celgene agrees to buy Abraxis BioScience for $2.9 billion. Sanofi-Aventis SA agrees to acquire U.S.-based TargeGen Inc. for $560 million.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 30 Jun, 2010
- New York City
Stocks in Australia declined for the second day on China growth worries and global economic recovery. Lending by banks and other finance companies rose in May. Export of coal from Newcastle increases. Rio Tinto signs agreement on prospecting in Kazakhstan.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 30 Jun, 2010
- New York City
Stocks in Japan tracked declines in the U.S. markets after a weak consumer confidence and wages declined in May. Daihatsu Motor is planning to market a fuel efficient a mini car next year. Iraq''s cabinet approved Mitsubishi-Shell gas deal.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 30 Jun, 2010
- New York City
Stocks in Shanghai and Hong Kong fell on global worries. Standard Chartered agrees to invest $500 million in Agbank IPO. Ping An Bank Co agrees to merge with Shenzhen Development Bank. Citic Securities seeks $1.26 billion for China Securities stake.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 30 Jun, 2010
- New York City
Stocks in Mumbai traded higher and closed up for the sixth quarter in a row. Gold import in 2010 is expected to drop as much as 40%. Monsoon rains in June are 15% below average. Sumitomo Financial acquires 4.5% stake in Kotak Mahindra Bank Ltd.
- 123jump.com Staff
- 30 Jun, 2010
- New York City
Sales fell 80% to $107.4 million and net income fell 52% to $11.8 million or 16 cents a share. Gross margin in the first quarter of 2010 for the sale of potash was $109 per short ton or 31%, compared to $435 per short ton or 60% in the three months ended March 31, 2009.
- 123jump.com Staff
- 30 Jun, 2010
- New York City
Sales rose 23.5% to $2.26 billion and net income rose 252% to $101.1 million or 44 cents a share. On a two-year basis comp store unit sales trend improved sequentially from a negative 14% in the fourth quarter of fiscal 2010 to a negative 8% in the first quarter. Wholesale unit sales grew by 52%.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 29 Jun, 2010
- New York City
World markets declined sharply after economic outlook on China was revised and U.S. consumer confidence faltered. Resource stocks plunged the most in a year. European markets dropped more than 3% as liquidity concerns at banks resurfaced and Greece faced another protest.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 29 Jun, 2010
- New York City
The UK markets slump after the Conference Board drastically revised down its April gauge for China''''s economic outlook. UK mortgage approvals decline slightly but money supply remains static in May. Scott Wilson agrees to better offer from CH2M HILL. Emerson Electric rebids to acquire Chloride Group.
- Mayank Mehta
- 29 Jun, 2010
- New York City
Smithfield Foods, Inc. led gainers in the S&P 500 index with a rise of 7.8%. Worthington Industries swings to quarterly profit. Micron Technology reports $939 million profit.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 29 Jun, 2010
- New York City
European stocks edge lower after jitters about liquidity issues ahead of bank repayments to the European Central Bank later this week. IMF approves
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 29 Jun, 2010
- New York City
U.S. stocks trade lower after markets in China fell sharply and Asian markets traded lower. Federal Reserve Governor Kevin Warsh said central bank should resist from expanding the balance sheet. Tesla prices its public offering of 13.3 million shares at $17 a share.