- Arthi Gupta
- 25 Aug, 2011
- New York City
U.S. indexes traded sideways after weekly jobless claims rose 5,000 to 417,000. SPX agreed to acquire CLYDEUNION Pumps for $1.15 billion. Renaissance Learning received $15.50 a share takeover offer. Steve Jobs resigned as CEO of Apple that he co-founded and turned it the most valued U.S. company.
- Nigel Thomas
- 25 Aug, 2011
- New York City
Stocks in Tokyo trading rebounded and the yen weakened a fraction. Exporters and trading companies gained. Energy and resource linked companies advanced as the oil firmed. Banks rebounded a day after Japanese government debt was lowered.
- Arthi Gupta
- 25 Aug, 2011
- New York City
German consumer sentiment forecasted to weaken in September. Spanish producer price inflation rose in July. Dutch producer sentiment decelerated, Swiss investor confidence slumped, and Iceland inflation remained flat in August. Swedish jobless rate and economic sentiment fell.
- Marcus Jacob
- 25 Aug, 2011
- New York City
The Australian stocks traded higher after a barrage of earnings. Virgin Blue reported smaller than expected losses. Retailer Woolworths said annual earnings rose 5% on sales increase of 4.9%. Leighton appointed new chief executive and chairman.
- Arthi Gupta
- 25 Aug, 2011
- New York City
European indexes extended gains. The French Prime Minister Francois Fillon unveiled a package of austerity measures that could save
- Bikram Pandey
- 24 Aug, 2011
- New York City
U.S. indexes turned higher in the late afternoon as bargain hunters returned and gold dropped more than 5%. The yields on the U.S. Treasury bonds, Japanese bonds and German bonds traded near recent lows. European banks to cut 40,000 banking staff.
- Nigel Thomas
- 24 Aug, 2011
- New York City
Stocks in Japan turned lower as the yen traded near record high and the government announced new measures to support exports. Investors ignored a rating downgrade of the Japanese government debt by one notch. The ruling party is expected to select a new prime minister at the end of this month.
- Mukesh Buch
- 24 Aug, 2011
- New York City
American Eagle said second quarter net income soared 104% to $19.6 million. Avago third quarter net income increased to $144 million. CVS Caremark new share repurchase program for $4 billion. Toll Brothers third quarter net income increased to $42.1 million.
- Marcus Jacob
- 24 Aug, 2011
- New York City
Stocks in Australia edged lower as metals and oil prices hovered near recent highs. BHP Billiton reported fiscal year revenues increased 36% and net soared 86% on a strong demand from Asian economies. Pacific Brands issued a cautious outlook. Qantas annual earnings were ahead of expectations.
- 123jump.com Staff
- 21 Aug, 2011
- New York City
The computer networking gear maker quarterly net sales rose 3.3% to $11.2 billion. Net income in the quarter slumped 36% to $1.2 billion on hefty restructuring charges. Earnings per share fell to 22 cents compared to 33 cents per share for the year-ago quarter.
- Arthi Gupta
- 24 Aug, 2011
- New York City
The UK indexes gained after mixed global economic data. Glencore offered A$0.87 a share in cash for remaining stake in Australia-based Minara Resources. BHP fiscal year net surged to record high on the revenues gain of 36% and a strong demand from China.
- Arthi Gupta
- 24 Aug, 2011
- New York City
U.S. indexes rose after durable goods orders improved more than anticipated in July but mortgage activity dropped 2.4%. Par Pharmaceutical agreed to acquire Anchen Pharmaceuticals for $410 million. American Eagle and Toll Brothers quarterly net soared.
- Arthi Gupta
- 24 Aug, 2011
- New York City
Euro-zone new industrial orders slumped, Hungarian retail sales fell, and Norway
- Arthi Gupta
- 24 Aug, 2011
- New York City
European indexes traded higher and German business sentiment deteriorated in August. Denmark unveiled $2.1 billion stimulus package. Glencore bid for remaining stake in Australia-based Minara Resources. Accor swung to first-half profit.
- Bikram Pandey
- 23 Aug, 2011
- New York City
U.S. stocks closed higher and indexes in Asia and Europe gained. U.S. Treasury completed the sale of $25 billion of 2-year bills at record low rates and its first auction after the rating downgrade. Two private surveys indicated slowing and sluggish manufacturing growth in China and Germany.