- Mayank Mehta
- 16 Nov, 2009
- New York City
UK stocks closed higher on a rally in commodities and metals. Miners including Xstrata Plc, Antofagasta and Lonmin gained. Persimmons new home bookings surged 50% from a year ago. Rolls Royce gained on new orders.
- Mayank Mehta
- 16 Nov, 2009
- New York City
European markets closed higher on the back of global markets news. The German market benchmark index led the gainers with a rise of 2%. European auto sales increased 11.2% in October as incentives lift local demand.
- Mayank Mehta
- 16 Nov, 2009
- New York City
Stocks in Mumbai gained on the back of a rally in Asian markets. UltraTech, the largest India based cement maker absorbs its subsidiary Samruddhi Cement. Rupee edges higher against the dollar.
- Darlington Musarurwa
- 16 Nov, 2009
- New York City
Industrial output in China is expected to rise 16% in November. Foreign direct investment increased 5.7% to $7.1 billion in October. China and Taiwan sign an agreement to increase access to banks, insurance and brokerages.
- Darlington Musarurwa
- 16 Nov, 2009
- New York City
Australian stocks rose 1% spurred by commodity stocks as gold prices soared 0.9% to $1,116 per ounce. Asian markets closed higher after 21-member Asia-Pacific Economic Cooperation group agreed to keep economic stimulus in place until the economy recovers to a sound footing.
- 123jump.com Staff
- 16 Nov, 2009
- New York City
U.S. stocks rallied on the back of October retail sales data. Retailers led the gainers. The dollar declined to 15-month low and gold surged to a record high in 27 years. Energy complex stocks increased.
- 123jump.com Staff
- 16 Nov, 2009
- New York City
Sprint Nextel Corporation led gainers in the S&P 500 index with a rise of 10.3%. American Dairy, Inc swings to profit in third quarter and cuts fiscal year 2009 revenue view. Suntech Power surged on an analyst upgrade. Sprint soars 11% after it repaid $1 billion in debt.
- Mayank Mehta
- 16 Nov, 2009
- New York City
U.S. stocks traded higher after the release of October retail sale. The sales increased 1.4% from the revised September sales decrease of 2.3%. Lowe
- Mayank Mehta
- 13 Nov, 2009
- New York City
Australian stocks closed lower on Friday but up 2.5% for the week. Outdoor equipment retailer Kathmandu Holdings raised A$340 million. Gold miner St Barbara raised A$73 million.
- Mukesh Buch
- 13 Nov, 2009
- New York City
U.S. stocks closed higher and Treasury completed its $81 billion bond auction. U.S. trade deficit increased in September with the rise in crude oil imports. Gold traded near record high. Euro-zone expands.
- Mayank Mehta
- 13 Nov, 2009
- New York City
The euro zone economy expanded at 0.4% in the 16-nation region and at 0.2% in the wider 27-nation region. Economies in Germany expanded at 0.7%. Mondadori Editore nine months net profit falls 54%. Benetton Group third quarter net up on higher sales. Dexia swings to third quarter profit.
- 123jump.com Staff
- 13 Nov, 2009
- New York City
UK stocks traded sideways and commodities prices were volatile. Real estate companies closed higher after a private research reported a rise in commercial properties values in October. British Air signed a definitive merger agreement with Spain based Iberia. Tullett Prebon plunged 12%.
- 123jump.com Staff
- 13 Nov, 2009
- New York City
Liberty Media acquires Unitymedia for