- Chandrasekhar Atreya
- 30 Aug, 2010
- New York City
Stocks in China gained after the U.S. Federal Reserve Chairman made positive comments and showed willingness to expand balance sheet to purchase more Treasury bonds or housing loans. Profits at industrial companies in China soar in the first seven months. Baoshan Iron & Steel net surges 11-fold.
- Chandrasekhar Atreya
- 30 Aug, 2010
- New York City
Stocks in Japan rallied after Bank of Japan in an emergency meeting decided to expand its funding and offer 10 trillion yen in short term loans. The move came under pressure from the government to stem the recent gains in the yen. Domestic passenger car output in July gained 15%.
- Chandrasekhar Atreya
- 30 Aug, 2010
- New York City
Stocks in Australia gained after the U.S. stocks rose on positive comments from the Fed Chairman. Sales of new homes fell in July for the third month in a row. Farmers reported in a survey that business confidence is on the rise in August. Business profit surges in the quarter to June.
- Bikram Pandey
- 27 Aug, 2010
- New York City
U.S. stocks picked up momentum after Fed Chairman indicated economic recovery is likely to pick up as conditions improve. U.S. revised second quarter GDP estimate downward to 1.6% from advance estimate of 2.4%. Oil, copper, lead and zinc gained more than 2%, tracking stocks.
- Arthi Gupta
- 27 Aug, 2010
- New York City
The UK indexes rose after an upwardly revised GDP growth of 1.2% in the second quarter and service sector index rose 1.4%. Irish trade surplus narrowed in June. Exports increased 1% on an annual basis to
- Bikram Pandey
- 27 Aug, 2010
- New York City
3PAR surged more than 30% after Hewlett Packard lifted its bid to $30 a share. J Crew Group Inc declined after it lowered its annual earnings outlook. Tiffany & Company declined after it reported sales that missed analysts expectations.
- Arthi Gupta
- 27 Aug, 2010
- New York City
The European indexes gained and German import price inflation rose in July. Spanish retail sales fell in the month after VAT increase. Greek PPI slackened in July. ING Groep agreed to sell 50% stake of ING Summit to Canadian JV.
- Arthi Gupta
- 27 Aug, 2010
- New York City
U.S. stocks advance after GDP expanded a downwardly revised 1.6% in the second quarter. 3PAR accepted Dell
- Chandrasekhar Atreya
- 27 Aug, 2010
- New York City
The benchmark index in Mumbai dropped 1.3% in a volatile trading with the index declining 2.2% in the week, largest weekly drop this quarter. Coal India begins search for anchor investors. Ranbaxy settles patent issue with Roche Eximbank sanctions loan to Reliance Power for Sasan plant.
- Chandrasekhar Atreya
- 27 Aug, 2010
- New York City
Stocks in Australia rallied to gain modestly. Availability of residential rental property rises in Sydney to a 12-month high. Canadian Pension Board agrees to buy Intoll for A$ 3.44 billion. Newcrest Mining gets closer to acquiring Lihir Gold.
- Chandrasekhar Atreya
- 27 Aug, 2010
- New York City
The benchmark index in Japan dropped to a new intra-day low but managed to gain nearly 1% by close. For the week the index declined 2.1%. Core consumer price index fell for the seventeenth month in a row. Unemployment rate dropped in July. Toyota recalls extends to Corollas.
- Chandrasekhar Atreya
- 27 Aug, 2010
- New York City
Stocks in China moved sideways to close marginally higher. China
- Bikram Pandey
- 26 Aug, 2010
- New York City
The broader indexes declined in five of the last six session and the economic worries remain top concern of retail investors. U.S. jobless claims declined in the last week but European indexes rebounded after better than expected earnings from Credit Agricole and L
- Bikram Pandey
- 26 Aug, 2010
- New York City
U.S. stocks struggled after jobless claims declined more than estimated but late monthly mortgages payment rose. Patterson Cos. Declined after it missed revenues estimates. Jo-Ann Stores Inc surged more than 13% after it lifted fiscal 2011 earnings estimate.
- 123jump.com Staff
- 26 Aug, 2010
- New York City
The specialty retailer of automotive aftermarket parts reported quarterly sales increased 7.2% to $1.42 billion on comparable store sales gain of 5.8%. Net quarterly income rose 25.6% to $100.91 million. Earnings per share grew to $1.16 versus 83 cents per share in the same quarter last year.