- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 10 Jun, 2010
- New York City
Stocks in Mumbai trading gained for the second day today on expectations that better than expected earnings.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 10 Jun, 2010
- New York City
Stocks in China fell today on additional lending tightening concern after a government report showed that property prices across 70 cities rose 12.4% in May from a year earlier. The developers and commodity producers led the decliners.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 10 Jun, 2010
- New York City
U.S. stocks gain after the release of better-than-expected economic reports from China and Japan and weekly jobless claims. U.S. weekly jobless claims edge down to 456,000 and trade deficit widens to $40.3 billion in April. The strengthening of the euro also lifted market sentiment.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 10 Jun, 2010
- New York City
Indexes in Japan gained with the broader Topix index gaining for the first time in a week, after the first quarter GDP expansion estimate was lifted to 5% from the previous read of 4.9%.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 10 Jun, 2010
- New York City
Stocks in Australia gained after employers in Australia added nearly net 27,000 jobs in May than in April, giving a boost to consumer incomes.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 09 Jun, 2010
- New York City
The UK indexes traded higher after Reuters reported a surge in China''s total exports in May, ahead of the data''s official release on Thursday. Allscripts and Eclipsys to merge in an all-stock deal valued at $1.3 billion. Autonomy to acquire CA Technologies Information Governance business.
- Mayank Mehta
- 09 Jun, 2010
- New York City
Pall Corporation led gainers in the S&P 500 index with a rise of 9.7%. Ciena net loss narrows and third quarter sales target beats view. Take-Two swings to profit for second quarter.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 09 Jun, 2010
- New York City
European markets rise after exports from China rose 50% in May. Dubai-based Emirates Airline places $11.5 billion order with Airbus for an additional A380 aircraft. Spain-based Banco Santander to buy back Bank of America''''s 24.9% stake in its Mexican unit for $2.5 billion.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 09 Jun, 2010
- New York City
A private panel headed by HDFC chief Deepak Parekh has asked the government to change rules to allow the recommended debt fund of $10 billion for financing infrastructure projects in India to use untapped resources from pension and insurance funds.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 09 Jun, 2010
- New York City
U.S. stocks gain as exports in China boom, European markets advanced ahead of the Agricultural Bank''''s IPO, and mixed trading was seen in the Asian markets. IMF Deputy Managing Director Naoyuki Shinohara said the global outlook remains unusually uncertain and downside risks have risen significantly.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 09 Jun, 2010
- New York City
Stocks in China gained most in two weeks after a Reuter report indicated a surge in exports and higher than estimated new loans.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 09 Jun, 2010
- New York City
Australia
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 09 Jun, 2010
- New York City
The stocks in Japan fell on global worries despite stronger than estimated machinery orders in April. The stocks declined even after Prime Minister Naoto Kan pledged yesterday to help revive the economy hamstrung by persistent deflation and a huge public debt.
- 123jump.com Staff
- 09 Jun, 2010
- New York City
Sales fell 29.7% to $721.9 million & net loss was $23.2 million or 18 cents a share. Net sales fell $117 million or 14% from the 4th quarter of 2009 consolidated operating margins before amortization and one time items were 5.9% versus 6.9% in the 1st qtr of 2009 & 6.1% in the 4th quarter of 2009.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 08 Jun, 2010
- New York City
UK stocks decline after rating agency Fitch says the country needs a strong medium term fiscal consolidation strategy. Switzerland-based ABB to buy UK-based Chloride Group for $1.25 billion.