- Mayank Mehta
- 26 Oct, 2009
- New York City
Banks and insurers fell after cautious comments from Deutsche Bank. The nuclear reactor builder Areva SA completed
- 123jump.com Staff
- 26 Oct, 2009
- New York City
UK stocks tracked the gains in commodities and energy prices. The legal outsourcing services provider CPA Global is likely to be acquired by a private equity firm for
- Mayank Mehta
- 26 Oct, 2009
- New York City
RadioShack Corporation led gainers in the S&P 500 index with a rise of 12.5%. Alberto Culver Co profits exceed expectations. Bank of Hawaii Corp declares dividend. Lorillard, Inc quarterly net edged lower. China based Sohu.com and Changyou.com declined on earnings outlook.
- 123jump.com Staff
- 26 Oct, 2009
- New York City
Mumbai stocks closed lower ahead of the Reserve Bank of India rate decision tomorrow. The RBI lowered its economic growth target to 6% from 6.5%. Maruti Suzuki quarterly sales surged 47%. Pantaloon Retail quarterly net increased 21%. Dena Bank, Canara Bank and ING Vysya earnings surge.
- 123jump.com Staff
- 26 Oct, 2009
- New York City
Stocks in New York traded higher in the early trading after investors focused on earnings. Verizon reported higher earnings on cost cuts and net customer additions. Corning Inc net declined on 5% fall in sales. Markets in China and Japan edged higher.
- Mukesh Buch
- 23 Oct, 2009
- New York City
U.S. market indexes closed lower as the economic sensitive railroads estimated weaker outlook for the rest of the year. Transportation sector weakness dragged the broader market lower but tech stocks advanced after earnings from Microsoft and Amazon.com.
- 123jump.com Staff
- 23 Oct, 2009
- New York City
German business confidence index increased to a 13-month high and UK third quarter gross domestic product shrank 0.4%. Weak oil dragged Total SA, Eni SpA and Repsol. Volvo AB gained 5% after it reported a lower than expected loss. Euro hovered near its highs against the dollar and the pound.
- Mayank Mehta
- 23 Oct, 2009
- New York City
UK third quarter GDP fell at 0.4%. The six quarterly declines in a row is the longest streak since the record keeping began in 1955. The latest economic data surprised most economists and the prospect of the economic recovery remain slim.
- 123jump.com Staff
- 23 Oct, 2009
- New York City
Amazon.com surged 19% after it reported sharply higher quarterly results. Microsoft gained 10% on higher than expected earnings as it accelerates cost cutting. Home builders trade lower. Oil complex stocks fell as the oil prices edge lower.
- 123jump.com Staff
- 23 Oct, 2009
- New York City
New York stocks declined as investor stay on the sidelines as earnings parade continues. Microsoft, Amazon.com and Whirlpool surged on earnings. Most companies are still reporting decline in earnings and sales in the latest quarter. Energy complex stocks traded lower on weak crude oil prices.
- 123jump.com Staff
- 22 Oct, 2009
- New York City
China reported third quarter gross domestic product rise of 8.9%. Investors worried that the government may cut the economic stimulus as property prices and stocks rise in the year. Hong Kong and Shanghai stocks fell. Datang International Power swung to a net profit on a sharp drop in coal prices.
- 123jump.com Staff
- 22 Oct, 2009
- New York City
Stocks in Australia are expected to open higher after a rally in New York. Commodities edged lower after fears of rising inflationary pressures in China. Newcrest Mining reported 22% decline in production in the latest quarter. Wesfarmers same store sales increased 6.1% in the fiscal first quarter.
- Mayank Mehta
- 22 Oct, 2009
- New York City
The Wholesale inflation index showed an increase in inflation in the week ending on October 10. Price decline two months ago was revised sharply lower. Larsen & Toubro declined after it estimated sales rise of 15% in the next year. Hero Honda net surged 95%.
- Mukesh Buch
- 22 Oct, 2009
- New York City
U.S. recovered after investors decided to focus on a select list companies that reported better than expected earnings. McDonald
- Mayank Mehta
- 22 Oct, 2009
- New York City
European markets fell after banks closed mixed and miners traded lower. Ericsson dropped 6% after quarterly net plunged 71%. Credit Suisse dropped 3% after reporting third quarterly profit in a row. Schneider SA quarterly sales fell 15%. Bilfinger Berger AG completed its