- Darlington Musarurwa
- 29 Oct, 2009
- New York City
Stocks in Japan closed lower tracking losses in Europe and New York. Industrial production gained for the seven month in a row in September with a rise of 1.4%. Hino Motors sales dropped 39% and slipped into a loss in the first half. Advantest Corp reported a wider loss on 64% plunge in sales.
- Darlington Musarurwa
- 29 Oct, 2009
- New York City
Australian stocks dropped sharply tracking losses in New York and Europe. ANZ full year profit drops 11% to A$2.9 billion. Woodside Petroleum commences its expensive exploration in Western Australia. Flight Centre Ltd gained after management guided higher revenues.
- Mayank Mehta
- 29 Oct, 2009
- New York City
The wholesale price index increased at a faster pace. Reliance Industries reported fourth quarterly net decline in a row. ONGC net increased 5.8%. The largest property developer DLF Ltd net dropped 80%. Mahindra & Mahindra gained after reporting sharply higher earnings. NDTV reported quarterly loss.
- 123jump.com Staff
- 29 Oct, 2009
- New York City
European markets closed higher. Henkel AG reported better than expected earnings. Deutsche Bank earnings nearly tripled in the third quarter. Alstom SA anticipates more orders for power plants in the second half. AXA and BASF report weak earnings.
- Mayank Mehta
- 29 Oct, 2009
- New York City
Llyods Banking Group is in advanced stage of discussion with the UK Treasury that may permit the bank to raise as much as
- Mukesh Buch
- 29 Oct, 2009
- New York City
U.S. economic expansion in the third quarter was embraced by markets around the world. Canada, Europe and Latin American markets regained more than the losses of yesterday. Energy and metals prices surged.
- Darlington Musarurwa
- 29 Oct, 2009
- New York City
U.S. stocks gained after the release of third quarter economic expansion. The surge in the economic was supported by personal consumption, a rise in exports, inventory investments and federal spending. Oil, natural gas and precious metals advanced.
- Mayank Mehta
- 29 Oct, 2009
- New York City
First Solar, Inc led the decliners in the S&P 500 index with a loss of 17.3%. Affiliated Managers Group third quarter profit increased 72%. Aetna Inc beats analyst expectations. Owens-Illinois, Inc third quarter profit jumps 61% on cost cutting.
- Darlington Musarurwa
- 28 Oct, 2009
- New York City
Stocks in Japan fell as investors digested barrage of negative earnings and lowered forecasts. Canon reported its seventh quarterly net decline. Toshiba revised its estimate of first half loss higher. Nomura swung to a first half profit from a year ago. Retail sales in September declined 1.4%.
- Darlington Musarurwa
- 28 Oct, 2009
- New York City
Stocks in China region were mixed but traded with a downward bias. Hong Kong government plan to contain real estate priced dragged stocks lower. Airlines gained after three leading carriers return to a quarterly profit. Angang Steel dropped 6% after it estimated as much as 50% fall in annual profit.
- Darlington Musarurwa
- 28 Oct, 2009
- New York City
Stocks and dollar in Australia declined as commodities prices fell and market valuation remain stretched after seven months of rally. Australia consumer price index rises 1% in three months to September. National Australia Bank annual profit drops 42.9% to A$2.6 billion.
- Mukesh Buch
- 28 Oct, 2009
- New York City
Losses in the late afternoon trading in the Americas dragged markets lower in New York, Toronto and Sao Paolo. Argentina plunged 6%. European markets closed down more than 2% and Asian markets traded weak on tighter monetary policy talks.
- Mayank Mehta
- 28 Oct, 2009
- New York City
Stocks in Mumbai fell for the second day on the worries that rising interest rates and inflation may force government to withdraw economic stimulus. HCL Technologies and Firstsource declined on lower than expected earnings. GAIL India Ltd net drops 30%.
- Mayank Mehta
- 28 Oct, 2009
- New York City
Deutsche Bank agreed to pay 1 billion to acquire Germany
- Mayank Mehta
- 28 Oct, 2009
- New York City
UK banks declined after the government advances the plan to separate bad loans at three largest troubled banks that are operating under its supervision. Prudential Plc dropped 10% after it reported weak results. GlaxoSmithKline quarterly sales rise on weak pound and one-time sale of H1N1 treatment.