- Arthi Gupta
- 10 Mar, 2011
- New York City
The UK indexes plunged after the Bank of England retained key rate at 0.5% and bond buying program. British manufacturing output rebounded and industrial production slackened in January and Irish inflation soared in February. Rio Tinto raised its conditional offer for Riversdale.
- Arthi Gupta
- 10 Mar, 2011
- New York City
U.S. indexes scaled lower after China reported a trade deficit. U.S. weekly jobless claims rose, trade deficit widened more than estimated and foreclosure filings declined. HCA Holdings raised $3.79 billion in IPO. Cumulus agreed to acquire Citadel Broadcasting for $2.4 billion.
- Arthi Gupta
- 10 Mar, 2011
- New York City
European indexes fell after ratings agency Moody
- Devan Biswas
- 10 Mar, 2011
- New York City
Stocks in Mumbai declined on a weakness in global markets and crude oil traded near recent highs. The latest read on inflation showed a decline in food prices. Exports in February increased 49.8% to $23.6 billion but trade deficit hovered near $8 billion.
- Devan Biswas
- 10 Mar, 2011
- New York City
Stocks in Shanghai fell after China reported its first monthly trade deficit in nearly a year as imports rose at a faster pace than exports. For the two months to February China slipped into a deficit. Automakers declined after February auto sales rose 2.9% from a year ago.
- Nigel Thomas
- 10 Mar, 2011
- New York City
Tokyo indexes closed lower after China reported its first monthly trade deficit and Libya remained in focus. Japan revised its last quarter economic decline to 1.3% from the previous estimate of 1.1% fall. Tokyo Stock Exchange Group and Osaka Securities Exchange are reported to explore a merger.
- Marcus Jacob
- 10 Mar, 2011
- New York City
Australian indexes declined as markets in Asia fell and resource prices edged lower. Australian economy lost 10,100 jobs in February and inflation expectation declined according to a private survey. Rio Tinto lifts its conditional offer for Riversdale to $16.50 a share.
- Mukesh Buch
- 09 Mar, 2011
- New York City
AeroVironment Inc increased 12% after it reported better than expected earnings. Finisar Corp dropped after it guided lower fourth quarter earnings. Children
- Arthi Gupta
- 09 Mar, 2011
- New York City
The UK indexes slid after trade deficit narrowed, shop price inflation increased, and job growth accelerated. Rolls-Royce won order from Cathay Pacific for Trent 700 engines. Prudential and Tullow net surge.
- Bikram Pandey
- 09 Mar, 2011
- New York City
U.S. markets struggled and European markets declined after crude oil prices gained. Uncertainty in Libya overshadowed worldwide trading. U.S. mortgage application rose to a one-year high. Exxon Mobil plans to increase capital spending this year 6% to $34 billion.
- Arthi Gupta
- 09 Mar, 2011
- New York City
U.S. indexes struggled after crude oil and gold gained on uncertainty in Libya. AIG repaid about $6.9 billion to the Treasury. Stocks edged lower on the second anniversary of bull market that saw near double in indexes.
- Arthi Gupta
- 09 Mar, 2011
- New York City
The European indexes rose after German industrial production rebounded in January. Portugal completed 2-year bonds auction raising
- Devan Biswas
- 09 Mar, 2011
- New York City
Stocks in Mumbai closed higher as gold and silver traded near record prices. Market is awaiting industrial production data on Friday. After the close China Development Bank finalized the $1.9 billion loan facility for Reliance Communications.
- Devan Biswas
- 09 Mar, 2011
- New York City
Stocks in Shanghai were flat and investors focused on domestic issues. The policy makers are expected to announce more measures to curb property speculation and facilitate the sale of affordable homes. Hong Kong index increased as banks gained.
- Nigel Thomas
- 09 Mar, 2011
- New York City
Stocks in Japan increased after oil prices eased and indexes in Europe and U.S. closed higher in overnight trading. Machinery orders in January increased 4.2% on higher overseas demand. Dainippon Screen, Dai-Ichi Life and Yasakawa were added to Nikkei 225 Stock Average.