- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 18 Jun, 2010
- New York City
U.S. stocks trade sideways as global markets retain positive bias. Private equity fund controlled by KKR agrees to buy Japanese recruitment firm Intelligence for $356 million.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 18 Jun, 2010
- New York City
Stocks in Australia rallied after a bond sale by Spain eased concerns about Europe
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 18 Jun, 2010
- New York City
Stocks in Japan fell after stricter loan rules came into effect from today. The ruling party of Japan releases its election manifesto. Minutes of the meeting held by Bank of Japan on May 20 noted European markets instability.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 18 Jun, 2010
- New York City
Hong Kong stocks continued its rally to the eighth day after a Spanish bond sale ease concerns about Euro-zone debt crisis. World Bank releases its quarterly report on China. Strike extends to a parts plant of Toyota in China. China Vanke says no change in development plans.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 18 Jun, 2010
- New York City
Stocks in Mumbai fluctuated and traded marginally lower. Cognizant acquires Galileo Performance. Ahluwalia Contracts India receives 11 new projects worth $110 million. Brigade Enterprises surges on fund raising plan.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 17 Jun, 2010
- New York City
U.S. stocks and commodities closed lower after unemployment data and regional manufacturing index read. Copper and oil traded lower but gold surged to near record high. Spain completed bond offering that eased market jitters in Europe. BP Plc rallied nearly 7%.
- Mayank Mehta
- 17 Jun, 2010
- New York City
Bed Bath & Beyond Inc. led the decliners in the S&P 500 index with a loss of 5.6%. Kroger net income dips 14%. J.M. Smucker Co. net income rises 28%.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 17 Jun, 2010
- New York City
The UK indexes traded sideways on disappointing U.S. economic data. BP Plc announces the suspension of its 2010 dividend and set up a $20 billion compensation fund for liabilities attributed to the Gulf oil spill. The company faces additional liabilities from criminal charges and repairs.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 17 Jun, 2010
- New York City
Stocks in Hong Kong closed higher for the seventh day in a row and closed lower in Shanghai. Henderson Land Development in Hong Kong booked a loss after 20 apartment sales were cancelled. Sino Biopharmaceutical plans to raise $79 million.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 17 Jun, 2010
- New York City
Australian banks are accessing cheaper debt by selling covered bonds in New Zealand. Liberia reveals BHP ore spending plans. Amadeus Energy Ltd announces commencement of exploration in Texas. Leighton wins A$1.1 billion contract in Indonesia.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 17 Jun, 2010
- New York City
Stocks in Japan declined halting five days of rally after a report showed that U.S. housing starts dropped in May. A report by Bank of Japan noted that Japanese companies held back record amounts in cash and deposits.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 17 Jun, 2010
- New York City
European markets rise after Spain raised
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 17 Jun, 2010
- New York City
Stocks in Mumbai traded higher for the seventh day in a row. The latest read on wholesale inflation showed a decline. Advanced corporate tax collection for the first quarter increased 18% from a year ago.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 17 Jun, 2010
- New York City
U.S. stocks trade sideways after inflation index declined 0.2% in May and weekly jobless claims increased 12,000. BP Plc agrees to set up a $20 billion compensation fund for liabilities attributed to the Gulf oil spill. BP may face additional expenses to fix the leak and may face criminal penalties.
- 123jump.com Staff
- 17 Jun, 2010
- New York City
Revenues rose 17.6% to $4 billion and net income rose 42.5% to $516 million or $1.01 a share.Operating income totalled $988 million, a first quarter record, and a gain of 47%. Business volumes increased 13% in the first quarter, operating expenses only increased 2%.