- 123jump.com Staff
- 26 Jan, 2010
- New York City
Bank of Japan left its key lending rate on hold and said it will keep its monetary policy accommodative to fight the deflationary forces. Service index declined 1.5%. KDDI purchased 38% stake in the broadband network Jupiter Telecom.
- Darlington Musarurwa
- 26 Jan, 2010
- New York City
European Union to probe Rio Tinto and BHP Billiton iron ore joint venture. NZ credit card business spending falls 1.3% in December.
- 123jump.com Staff
- 26 Jan, 2010
- New York City
U.S. stocks wavered in trading after China began tightening bank lending. Confidence indexes in the U.S. and Germany climbed. U.S. home price index showed a fraction gain. Commodities retained a negative bias. European markets closed higher.
- Mayank Mehta
- 26 Jan, 2010
- New York City
European markets closed higher after business climate index in Germany increased and UK reported its first quarterly gain in seven quarters. Siemens rallies 5% after reporting sector profit increase of 11%. Novartis net surges 49% and appointed new chief executive.
- Mayank Mehta
- 26 Jan, 2010
- New York City
UK showed first quarterly economic expansion in the last quarter with a rise of 0.1%. The economy shrank 6% in the last six quarters. The GDP declined 4.9% in 2009. UK stocks traded volatile after the weakness in commodities prices.
- Mayank Mehta
- 26 Jan, 2010
- New York City
United States Steel Corporation led the decliners in the S&P 500 index after it reported fourth quarterly loss in a row. Mortgage insurers increased after MGIC Corp reported lower than anticipated loss. Cigna declined on a downgrade. Sherwin-Williams surged after it offer higher annual outlook.
- 123jump.com Staff
- 26 Jan, 2010
- New York City
The leather goods maker quarterly revenue rose 11% to $1.1 billion. Net income increased 11% to $241 million driven in part by North American comparable store sales of 3.2% in the quarter. Earnings per share rose to 75 cents from 67 cents the prior-year quarter.
- 123jump.com Staff
- 26 Jan, 2010
- New York City
Stocks in New York wavered after China tightened lending. Apple gained more than 2% after it reported quarterly sales increase of 32% and net surge of 50% and indicated higher than expected revenues in the current quarter. The dollar and yen advanced but gold, oil and copper declined.
- 123jump.com Staff
- 26 Jan, 2010
- New York City
World markets declined after more banks tighten lending in China. The lending in the first two weeks surged to more than $200 billion, nearly 20% of the annual quota. UK barely emerged from the recession that dragged its GDP down by 6% in the previous six quarters.
- Darlington Musarurwa
- 25 Jan, 2010
- New York City
Foreign visitors to Japan decline 13% to 7.81 million. Bank of Japan to extend emergency loan program. Pioneer Corp plans to raise 20 billion yen in share offering.
- Mayank Mehta
- 25 Jan, 2010
- New York City
Stocks in Mumbai traded lower. Crompton Greaves traded at one-year high ahead of bonus issue decision. Indian government plans to raise $3.8 billion from a stake sale in the mining company NMDC. McNally Godrej Consumer Products sales surge 53%.
- 123jump.com Staff
- 26 Jan, 2010
- New York City
Apple Inc in the after-hours trading edged higher after it reported quarterly earnings of $3.38 billion or $3.67 a share and sales increase of 32% to $15.7 billion.
- 123jump.com Staff
- 25 Jan, 2010
- New York City
Stocks closed higher in New York after a three-day sell-off. Home sales declined more than estimated in December but increase in 2009, first time in four years. European markets fell more than 1%. Commodoties edged lower and the dollar hovered near its recent highs.
- Mayank Mehta
- 25 Jan, 2010
- New York City
European market indexes closed lower more than 1%, however Athens benchmark index surged. Greek government auction of