- 123jump.com Staff
- 07 Apr, 2010
- New York City
European indexes traded lower and the benchmark index in Athens dropped 3%. Greek bond yields rose to 11-year high after Greece revised its 2009 deficit higher to 12.9%. Daimler and Renault-Nissan alliance signed a partnership to develop new technologies and build small cars.
- 123jump.com Staff
- 07 Apr, 2010
- New York City
KeyCorp led gainers in the S&P 500 index with a rise of 4.7%. Family Dollar Stores, Inc guides above estimates. AMB Property Corp to offer 12 million shares of common stock. Family Dollar net up and outlook exceeds estimates. Massey drops for the second day after an explosion that killed 25 workers.
- 123jump.com Staff
- 07 Apr, 2010
- New York City
U.S. and European markets traded lower after commodities declined. The dollar strengthened against the euro as talks of Greek bonds default gained momentum. China plans to issue 3-year bills for the first time since June 2008.
- 123jump.com Staff
- 06 Apr, 2010
- New York City
Fed minutes of meeting noted economic recovery may be hampered by high unemployment and tight lending conditions. The dollar, metals and commodities closed higher. Investors bid up U.S. Treasury $40 billion bond auction with the yield spreads tightening.
- 123jump.com Staff
- 06 Apr, 2010
- New York City
Resource stocks closed higher in Shanghai trading after international metals prices increased. Poly Real Estate Group Co acquires land parcel for $100 million. China Construction Bank Corp plans to raise as much as $11 billion. Hong Kong markets are scheduled to reopen today.
- Darlington Musarurwa
- 06 Apr, 2010
- New York City
Reserve Bank of Australia raised its key lending rate by 25 basis points to 4.25%. Australian job ads rise 1.8% in March. Peabody revised its offer of Macarthur Coal to A$3.6 billion.
- 123jump.com Staff
- 06 Apr, 2010
- New York City
Rising yen dragged shippers, electronics and automakers after rising for three days in a row. Index of economic conditions improved in February. U.S. regulators proposed to fine Toyota Motor of $16.4 million.
- Mayank Mehta
- 06 Apr, 2010
- New York City
The UK benchmark index closed at a 21-month high and the pound declined 1%. UK Prime Minister Gordon Brown scheduled national election on May 6. Virgin Money attracts
- Mayank Mehta
- 06 Apr, 2010
- New York City
European markets closed higher but Greek benchmark index decreased 2%. Greek bond yields surged to 11-year high on the unfounded rumors that the nation is looking to change bailout terms with the EU and the IMF. Renault SA and Daimler AG are in partnership talks. SeaDrill Ltd of Norway surges.
- 123jump.com Staff
- 06 Apr, 2010
- New York City
Massey Energy Company led the decliners in the S&P 500 index with a loss of 9.2%. Teekay Tankers Ltd announces public offering. CA Inc plans to cut 1,000 jobs. El Paso Corp receives FERC approval for Ruby Pipeline.
- Mayank Mehta
- 06 Apr, 2010
- New York City
Stocks in Mumbai closed flat as the rupee hovered near 19-month high. International investors continue to add exposure to India stocks. NTPC Ltd, the largest power generator plan to invest $5 billion to quadruple capacity.
- 123jump.com Staff
- 06 Apr, 2010
- New York City
U.S. stocks in the early trading edged lower and the euro declined. U.S. Treasury is scheduled to sell $40 billion of 3-year bonds today. Copper traded lower after rising to 20-month high but crude oil hovered near 17-month high.
- 123jump.com Staff
- 06 Apr, 2010
- New York City
The BlackBerry maker fourth quarter revenue increased 18% to $4.08 billion and earnings grew 37% to $710.1 million riding on strong sales of its smartphones and better than expected subscriber additions. Earnings per share were $1.27 as compared to $0.90 for the year-ago quarter.
- 123jump.com Staff
- 06 Apr, 2010
- New York City
Revenues fell 8.1% to $28.2 million and net loss was $4.45 million or 11 cents a share. Restaurant operating expense as a percentage of restaurant net sales was 70.2% compared with 68.5% in the 2008 quarter. Operating loss was $3 million compared to $2.1 million operating loss a year ago.
- Mayank Mehta
- 05 Apr, 2010
- New York City
Stocks in Tokyo traded higher after U.S. employment in March increased. Steelmakers, electronics exporters and automakers led the gainers. Japanese bond yields rose tracking the gains in the U.S. Treasuries. Fast Retailing dropped 11% after March same store sales plunged 16.4%.