- 123jump.com Staff
- 14 Oct, 2009
- New York City
Rally in Australian and Asian markets spread to Europe and Americas as commodities prices advance and investor sentiment improve. Better than expected economic data in the U.S., China and UK lifted worldwide sentiment.
- 123jump.com Staff
- 14 Oct, 2009
- New York City
U.S. stocks rallied on the back of global markets strength and the release of retail sales, inventories and price indexes of imports and exports. Strong earnings played a key role in improving sentiment and a smaller decline in exports from China also bolstered worldwide sentiment.
- Mayank Mehta
- 14 Oct, 2009
- New York City
European markets gained on the earnings optimism, improved outlook on the global economy and labor markets in the region. Credit Agricole SA plans to repay
- 123jump.com Staff
- 14 Oct, 2009
- New York City
UK stocks resumed their advance on the back of a rise in commodities prices. Unemployment rate increased to 7.9% in the three months to August. The pound edged higher. Burberry increased after it reported 6.1% increase in first half sales. Punch Taverns plunged 13% on a net loss.
- 123jump.com Staff
- 14 Oct, 2009
- New York City
Auto dealers gained after Group 1 Automotive estimated higher than expected third quarter earnings. CSX, Intel, JP Morgan advanced after the earnings release. Harley Davidson gains on an analyst upgrade. China and India based ADRs gained on a region rally in Asia.
- Mayank Mehta
- 14 Oct, 2009
- New York City
Industrials and infrastructure related stocks advanced in India after positive comments from policymakers and better than expected earnings. HDFC, HDFC Bank, Bajaj Auto Finance and Indus Bank reported higher than expected earnings. Rupee edged higher ahead of Diwali celebration.
- 123jump.com Staff
- 14 Oct, 2009
- New York City
Stocks in early trading in New York increased after the earnings release from Intel, JP Morgan Chase and CSX. China reported smallest decline in exports in September lifting commodities and crude oil prices higher.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
McGraw Hill agreed to sell weekly newsmagazine Business Week and the namesake Web site to Bloomberg LP. The first acquisition of financial newswire company is likely to expand its reach into management and business executives.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
Stocks lost early momentum after banks and financials declined. Gold reached record high and crude oil edged up. Healthcare stocks declined after the U.S. Senate passed $829 billion plan to overhaul healthcare system.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
Siemens USA, a subsidiary of German engineering company reported sale of
- 123jump.com Staff
- 13 Oct, 2009
- New York City
The index of German confidence declined in September as unemployment stays above expectations and export sales are still struggling. Alstom is in $809 million talks to for tram services in Dubai. The wind turbine division of Siemens in the U.S. won
- 123jump.com Staff
- 13 Oct, 2009
- New York City
Marks & Spencer struggled to convince investors as it outlined its growth plan for the next ten years. The company plans to transform to multi-channel retailer and experience faster growth at international locations.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
UK stocks closed lower after the inflation data showed weak consumer demand. September price index fell at a faster pace than in the previous twelve months ending in August. ITV completed its offering of 135 million. Booker plc first half net increased 12.3%.
- Mayank Mehta
- 13 Oct, 2009
- New York City
The drybulk carrier DryShips advances after it signs loan term waivers with two banks totaling $183 million. CIT Group is teetering towards bankruptcy filing. AIG sells its Taiwan life insurance division. DryShips surges on bank loans covenant renegotiations.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
Cisco Systems agreed to acquire mobile data communication infrastructure provider Starent Networks Corp. Cisco agreed to pay 20.6% to premium to yesterday