- Darlington Musarurwa
- 14 Apr, 2010
- New York City
Traders in Tokyo focused on Intel earnings after the largest chipmaker estimated higher second quarter sales. Tokyo Electron, the equipment maker and Intel supplier quarterly orders rose 21%. Toyota Motor Corp. suspends Lexus SUV sales in the U.S.
- Mayank Mehta
- 14 Apr, 2010
- New York City
UK stocks gyrated with metals and oil prices in London and New York trading. Ashmore Group Plc gained after assets under management increased 4% in the three months to March. Burberry closed higher after Christian Dior sales increased 12% in the first quarter.
- Mayank Mehta
- 14 Apr, 2010
- New York City
European markets closed higher after earnings momentum and an increase in industrial production lifted the sentiment. European chipmakers Infineon Technologies AG and STMicroelectronics NV traded higher after Intel Corp estimated higher worldwide demand.
- 123jump.com Staff
- 14 Apr, 2010
- New York City
W.W. Grainger, Inc led the decliners in the S&P 500 index with a loss of 3.0%. CSX Corp first quarter net rises 24% to $306 million. Intel Corp gains after it estimated higher sales in the second quarter. JPMorgan Chase first quarter net surged 55.6% on 11% rise in revenues.
- 123jump.com Staff
- 14 Apr, 2010
- New York City
Stocks in the early trading scaled higher after JPMorgan Chase reported better than expected earnings, retail sales in March gained and core rate of inflation was in line with the Fed range in March.
- Darlington Musarurwa
- 13 Apr, 2010
- New York City
Australian business conditions improve in March according to the private survey by the National Bank of Australia. The bank also lifted its estimate of economic growth to 3.5% from 3%. Coal shipments declined 6% in the last week.
- 123jump.com Staff
- 13 Apr, 2010
- New York City
Earnings expectations drove market indexes higher at close after a weakness in the morning trading. Greece completed the offering of short term debt. Commodities declined. The S&P 500 index is approaching 1200 and the Dow at 11000 is viewed by many as twin resistance levels.
- Mayank Mehta
- 13 Apr, 2010
- New York City
Stocks in Mumbai traded lower on the worries that rising inflation may prompt government to lift rates. Infosys gained after fourth quarter results and indicate higher sales in the current year.
- 123jump.com Staff
- 13 Apr, 2010
- New York City
UK stocks closed lower tracking losses in commodities. Debenhams plc first-half net profit falls. Oxford Catalysts Group fiscal year 2009 loss widens. Grainger plc sales pick up. Tullow Oil plc finds oil at a field in Uganda.
- Mayank Mehta
- 13 Apr, 2010
- New York City
European markets closed lower. Greece completed the sale of Treasury bills that drew strong interest from investors however there is a growing doubt that the nation can complete bond sales of five years or longer maturity.
- Mayank Mehta
- 13 Apr, 2010
- New York City
Aloca Inc declined after quarterly sales were lower than expected and reported narrower loss. Palm is in discussion with Asia based companies that may result in the company sale. Peabody Energy is negotiating with Coal India for long term supply.
- 123jump.com Staff
- 13 Apr, 2010
- New York City
U.S. trade deficit rebounds in February with the bounce in the economy. Imports surpass the exports in the month and the U.S. recorded its largest deficit with China, $16.5 billion.
- 123jump.com Staff
- 13 Apr, 2010
- New York City
Stocks and commodities in New York traded lower after Alcoa reported weaker than expected quarterly sales but narrower loss. U.S. trade deficit in February rose. Greece attracts more investors at its debt sale after emergency aid from the EU and the IMF.
- 123jump.com Staff
- 12 Apr, 2010
- New York City
Stocks in Shanghai and Hong Kong declined after banks in Beijing tighten mortgage lending for second homes. Property developers led the decliners. Airlines closed higher on the expectations that strengthening yuan will help carriers to pay foreign debts.