- Arthi Gupta
- 28 Nov, 2011
- New York City
The U.S. indexes traded higher on better-than-estimated retails sales on Black Friday. The Iraq government signed a $17 billion dollar gas deal with Basrah Gas. Bombardier won Indian rail contract worth $214 million.
- Arthi Gupta
- 28 Nov, 2011
- New York City
The O.E.C.D. lowered global growth outlook and warned EU leader to take decisive actions. Euro-zone money supply growth slowed but Swedish trade surplus grew in October. Manufacturing sector confidence in Italy improved in November.
- Arthi Gupta
- 28 Nov, 2011
- New York City
European markets soared on the expectations of new bond offering from Northern European nations that will provide financing to the troubled nations in the region. Moody
- Bikram Pandey
- 25 Nov, 2011
- New York City
U.S. stocks traded sideways in a shorter trading session but sovereign debt yield in Europe rose. Ratings agencies lowered debt ratings of Hungary to below investment grade and by one notch for Belgium. The euro declined for the third day in a row.
- Devan Biswas
- 25 Nov, 2011
- New York City
European indexes rebounded after falling for six days in a row. Italy completed
- Nigel Thomas
- 25 Nov, 2011
- New York City
Stocks in Tokyo trading declined and the benchmark Nikkei index dropped 2.6% in the week and plunged 20% in the year so far. Nikon began replacing parts made elsewhere after it shuttered Thai factory and Nintendo edged up on robust sales of hand held game devices.
- Marcus Jacob
- 25 Nov, 2011
- New York City
Australian stocks eased on the growing euro zone worries and weak commodities. Australian completed the sale of $700 million of 5-year bonds that yielded 3.25%. The yield on 10-year bond declined to the low last seen in March 2009. Woodside Petroleum fell after new natural gas wells were abandoned.
- Devan Biswas
- 24 Nov, 2011
- New York City
India
- Bikram Pandey
- 24 Nov, 2011
- New York City
Global markets declined as the debt stress in the euro zone extended to Germany and fears mount that the deepening contagion may soon engulf the UK and the U.S. where bond yields do not reflect economic realities. The euro edged lower and commodities declined in a quiet trading in Europe.
- Nigel Thomas
- 24 Nov, 2011
- New York City
The benchmark index in Japan fell to the lowest in the year and dropped to the low last seen in April 2009. Failed German debt auction highlighted the deepening stress in the euro zone that may extend to UK and U.S. Exporters to Europe led the decliners and freight ship liners plunged to a new 1ow.
- Marcus Jacob
- 24 Nov, 2011
- New York City
Australian stocks drifted lower and commodities prices struggled in Asian trading. Banks led the weak sectors as debt contagion in the euro zone overwhelmed German government bond auction. David Jones said quarterly sales dropped 11.2% and reaffirmed the weak profit outlook.
- Arthi Gupta
- 24 Nov, 2011
- New York City
The UK indexes rose after the third quarter economic growth estimate was held at 0.5% but business investment declined. The UK services index rose in September and Ireland said annualized wholesale prices increased in October.
- Arthi Gupta
- 24 Nov, 2011
- New York City
The German economy expanded 0.5% in the third quarter and business confidence improved unexpectedly in November. Spanish home loans approvals fell in September. Hungarian retail sales eased in September.
- Arthi Gupta
- 24 Nov, 2011
- New York City
European indexes gained after German business confidence unexpectedly improved in November. Greek opposition leader signed a conditional pledge backing austerity measures. Portuguese workers strike paralyzed nation.
- 123jump.com Staff
- 24 Nov, 2011
- New York City
The software company said quarterly revenues rose 12% to $594 million. Net quarterly loss narrowed 8.6% to $64 million. The company lost 21 cents per share versus a loss of 22 cents per share a year-ago quarter and estimates revenues between $1 billion and $1.02 billion for the second quarter.