- 123jump.com Staff
- 20 Oct, 2009
- New York City
Boston Scientific Corporation led the decliners in the S&P 500 index with a loss of 13.0%. Apple Inc fourth quarter net income increased 47%. Atheros Communications, Inc third quarter profit nearly quadruples as sales rise. Brown & Brown, Inc third quarter profit rose 1% on lower expenses.
- 123jump.com Staff
- 20 Oct, 2009
- New York City
U.S. stocks edged lower after the housing starts and completions declined in September. Home builders led the decliners. Apple increased on strong rise in sales and earnings. The Producer Price Index decreased 0.6% in September. Brazil index drops 2.5% after it imposes 2% tax on foreign investors.
- Mayank Mehta
- 20 Oct, 2009
- New York City
The Reserve Bank of Australia noted in its latest statement after the interest rate hike that maintaining low interest rates many not be the prudent. Woolworths
- 123jump.com Staff
- 19 Oct, 2009
- New York City
UK stocks surged on the rise in commodities prices. Home prices in the month rose across the nation. The pound regained its momentum after a revised economic forecast. National Express received another offer.
- Mukesh Buch
- 19 Oct, 2009
- New York City
U.S. benchmark indexes gained nearly 1%. Industrials, technology and retail stocks led the gainers. Dollar hovered near its recent lows. Gold and silver advanced. Crude oil and natural gas edged up. European markets closed higher.
- Mayank Mehta
- 19 Oct, 2009
- New York City
Stocks in the early afternoon traded higher. BB&T led the decliners in the S&P 500 index. Fannie Mae and Freddie Mac plunged on negative comments. Gannett, Eaton and Daimler increased on the earnings announcements.
- Darlington Musarurwa
- 19 Oct, 2009
- New York City
Stocks in Japan closed lower ahead of earnings season. Casio Computer reversed its earlier forecast of annual profit to a net loss of 7 billion. The index of demand for services increased 0.3% in August. Steel output fell 29.6% in the first half to the lowest level last seen in 1969.
- Darlington Musarurwa
- 19 Oct, 2009
- New York City
State controlled media and other economists are predicting third quarter economic growth in China at 9% ahead of the data release on October 22. The economic stimulus and rising bank lending and brisk real estate market is supporting the economic growth. Evergrande Real Estate in $800 million IPO.
- Darlington Musarurwa
- 19 Oct, 2009
- New York City
Australian dollar continued its ascent against the dollar after comments from the Reserve Bank of Australia. Aussie dollar traded above 92 U.S. cents. Kathmandu Holdings plans to raise as much as A$375 million in a public offering. Energy Developments rejects A$415 million bid.
- 123jump.com Staff
- 17 Oct, 2009
- New York City
Prosecutors charged billionaire hedge fund manager Raj Rajaratnam with insider trading scheme. The prosecutors used for the first time wiretaps in an insider trading case in recent years. The investigation lasted nearly four years and snarled executives at Intel, IBM and McKinsey & Co Inc.
- Mayank Mehta
- 16 Oct, 2009
- New York City
Exports from euro-zone decreased 5.8% in August and imports fell 1.3%. Trade surplus fell to
- Mayank Mehta
- 16 Oct, 2009
- New York City
UK stocks struggled on the weakness in financial and resource stocks. National Express and Stagecoach dropped sharply after a private equity led merger talks were discontinued. The pound rose 2.1% against the euro in the week. Clinton Cards advanced after it estimated better outlook.
- 123jump.com Staff
- 16 Oct, 2009
- New York City
Stocks in New York closed lower after investors turned cautious. Industrials declined in New York and Europe after GE reported 20% decline in sales. Dollar hovered near lows after EU reported sharply lower trade deficit compared to a year ago.
- Mayank Mehta
- 16 Oct, 2009
- New York City
Earnings revision at the Estee Lauder Companies Inc and Tempur-Pedic International lifted stocks. AMD fell after the quarterly sales fee 22%. Citizens First Corp surged 87%. Harris Corp gained on the military radio contract of $419 million.
- Mayank Mehta
- 16 Oct, 2009
- New York City
Stocks in Mumbai traded higher ahead of Diwali celebration and Hindu New Year 2066. Cairn India surged after Malaysia based Petronas acquired additional stake. Tata Consultancy reported better than expected sales and earnings.