- Nigel Thomas
- 08 Jul, 2011
- New York City
The benchmark index Nikkei in Tokyo closed at a 4-month high after the yen weakened and retailers lifted operating earnings outlook. Utilities rebounded a day after falling sharply on the stress test worries.
- Arthi Gupta
- 08 Jul, 2011
- New York City
German exports rebounded but manufacturing turnover fell in May. French May budget deficit widened and business sentiment fell in June and Swiss jobless rate remained flat in June. Hungary trade surplus surged in May.
- Marcus Jacob
- 08 Jul, 2011
- New York City
Australian stocks closed higher and the benchmark index gained 1.1%. The index added 1.4% for the week. Miners and financials led the gainers in trading. Four Jetstar aircrafts missed regular schedule and were grounded overnight for checking.
- Arthi Gupta
- 08 Jul, 2011
- New York City
The European indexes traded sideways and German exports gained 4.3% in May. NYSE Euronext shareholders approved merger with Deutsche Boerse. ING agreed to sell its car lease unit to BMW for $1 billion.
- Bikram Pandey
- 07 Jul, 2011
- New York City
U.S. indexes closed higher after a private survey estimated private sector payrolls increased 156,000 in June and weekly jobless claims fell 14,000. The larger than estimated increase in private sector lifted the Nasdaq and S&P 500 indexes more than 1%. Gold and crude oil advanced.
- Mukesh Buch
- 07 Jul, 2011
- New York City
AAR fourth quarter net income soared 32% but A. Schulman third quarter net income fell 28%. International Speedway second quarter sales fell. Lumber Liquidators revised expected net sales of second, third and fourth quarters.
- 123jump.com Staff
- 07 Jul, 2011
- New York City
The news, information, entertainment, and shopping portal said quarterly revenue rose 14% to $5.6 million. Net loss in the quarter narrowed 3% to $2.3 million. Net loss per ADS for the quarter was $0.084 as compared to a net loss per ADS of $0.082 for the same quarter last fiscal year.
- Arthi Gupta
- 07 Jul, 2011
- New York City
The UK indexes rose after the Bank of England held its key rate unchanged at 0.5% and maintained bond purchase program at
- Arthi Gupta
- 07 Jul, 2011
- New York City
U.S. indexes futures traded higher after weekly jobless claims fell 14,000. U.S. private sector employment rose more than anticipated and non-manufacturing index declined in June. The European Central Bank lifted key rates to curb inflation.
- Nigel Thomas
- 07 Jul, 2011
- New York City
Stocks in Japan halted a 7-day rally after fresh power supply worries. Trade ministry asked all nuclear power plants to undergo a stress test that may delay the resumption of many power plants and extend rolling power cuts this summer.
- Arthi Gupta
- 07 Jul, 2011
- New York City
German industrial production rose more than estimated and French trade gap widened in May. Czech trade surplus rose and Bulgarian retail sales increased in May. Swiss annual inflation climbed in June.
- Marcus Jacob
- 07 Jul, 2011
- New York City
Australian stocks closed flat after the June employment reports showed stronger than expected job growth. Employers added 23,400 new jobs in June and unemployment hovered near 4.9%. Commodities and Australian dollar gained lifting resource linked stocks.
- Arthi Gupta
- 07 Jul, 2011
- New York City
The European indexes gained after Germany''s industrial output climbed more than estimated in May. The French Finance Minister Francois Baroin hinted that the second bailout for Greece would be finalized by September. Rating agency lowered the government-guaranteed debt of four Portuguese banks.
- Bikram Pandey
- 06 Jul, 2011
- New York City
U.S. indexes traded sideways ad service industry grew at a slower pace in May. European markets focused on the rising sovereign bonds spreads to German bunds. Portuguese bonds spread surged to a record high and yields on Spanish, Italian and Irish bonds advanced. Chinese banks worries resurfaced.
- Arthi Gupta
- 06 Jul, 2011
- New York City
U.S. indexes futures traded lower on global economic worries. U.S. mortgage and refinancing activity declined last week. China raised interest rates by 25 basis points to stem the fastest inflation since 2008. Compuware agreed to acquire dynaTrace software for $256 million.