- Mayank Mehta
- 02 Nov, 2009
- New York City
Stocks in Tokyo are looking up. Consumer lenders are expected to trade higher on the second day after media reports suggested that the government may not tighten consumer lending rules. Daiwa Securities dropped on weaker than expected earnings.
- 123jump.com Staff
- 02 Nov, 2009
- New York City
U.S. stocks closed higher on a rise in manufacturing index. Ford Motor swung to a quarterly profit. Gold and oil gained. Dean Foods dropped 8.5% after it indicated weaker than expected earnings in the fourth quarter. Stanley Works agreed to buy Black & Decker for $3.5 billion.
- Mayank Mehta
- 02 Nov, 2009
- New York City
European markets closed higher after trading lower for the last four trading sessions. Manufacturing indexes expanded in the US and UK. French auto sales increased 20.1% in October. Hugo Boss dropped 9% after it reported third quarter net down 25%. Linde AG third quarter net dropped 4.5%.
- 123jump.com Staff
- 02 Nov, 2009
- New York City
UK stocks closed higher after mining and resource stocks regained some of the lost ground. UAE based ENOC agreed to acquire the remaining stake in Dragon Oil for
- 123jump.com Staff
- 02 Nov, 2009
- New York City
Ford Motor Company led gainers in the S&P 500 index with a rise of 9.5%. Ford Motor Co swings to a profit in the third quarter of $997 million. Denbury Resources agreed to acquire Encore Acquisition Corp for $4.5 billion in an exchange of cash and stock.
- Mayank Mehta
- 02 Nov, 2009
- New York City
Stocks in Australia declined tracking the losses in New York and Europe. The department store chain Myer Holdings Ltd initial public offering closed 8.5% lower on the first day of its trading. NAB agreed to acquire 80% stake in the private wealth management unit of Goldman Sachs JBWere.
- 123jump.com Staff
- 02 Nov, 2009
- New York City
Stocks in New York traded higher with industrials leading the gainers. CIT plunges after it files pre-arranged bankruptcy. Ford Motor reports better than expected earnings. Asian markets closed lower. In London trading, Royal Bank of Scotland declined after it prepares to sell more assets.
- Mukesh Buch
- 31 Oct, 2009
- New York City
U.S. stocks indexes dropped more than 2.5% as person income and expenditure fell in September. The decline set off a sharp fall in indexes Canada, Europe and Latin America. Crude oil and precious metals declined. CIT Group plunged 24% as it prepares for a pre-packaged bankruptcy.
- 123jump.com Staff
- 30 Oct, 2009
- New York City
European markets declined on weak read on consumer confidence and a decline in U.S. consumer spending. French index closed 5% for the month and German index lost 4.6% in the month. Lufthansa loss shrank. Indesit Company SpA net profit rises despite a fall in sales.
- Mayank Mehta
- 30 Oct, 2009
- New York City
UK stocks closed lower as commodities traded sideways. Forth Ports offered positive outlook. Rolls-Royce Group wins $720 million order from Virgin Air. Aerospace and defense contractor Meggitt Plc reiterated its annual outlook.
- Mayank Mehta
- 30 Oct, 2009
- New York City
Harman International Industries led gainers in the S&P 500 index with a rise of 18.6%. 3PAR Inc second quarter loss narrows. Avnet, Inc first quarter beats analyst expectations. BMC Software, Inc second quarter earnings rise 35%. Las Vegas Sands surges on Hong Kong listing approval.
- 123jump.com Staff
- 30 Oct, 2009
- New York City
Stocks in Mumbai traded lower. Bharti Airtel revenues and profit declined as the mobile telecom market matures and price competition escalates. RIL slips on fourth consecutive fall in quarterly profit. Unity Infraprojects gains on a new building contract.
- Darlington Musarurwa
- 30 Oct, 2009
- New York City
Stocks in Shanghai and Hong Kong surged on the back of a rally in New York and Europe. Markets in Asia closed higher. Stronger than expected earnings at banks bolstered the sentiment and loans surge. Vice Premier Li Keqiang said that the economy is expected to rise 8% in the current year.
- 123jump.com Staff
- 30 Oct, 2009
- New York City
Japan unemployment increased to 5.3% in September and consumer prices declined 2.2% from a year ago in the month. Nikon Corp increased after it lifted its outlook. Takeda Pharmaceuticals after its first half income surged. Sumitomo Trust & Banking first half net fell 33%.
- 123jump.com Staff
- 30 Oct, 2009
- New York City
Australian stocks tracked higher as the markets in Asia gained on the rise in New York and Europe. Macquarie Group first half net dropped 21% as write-offs related to bad loans surged to A$414 million. Sims Metal Management first half net plunged 77%.