- 123jump.com Staff
- 13 Oct, 2009
- New York City
In early trading in New York stocks are expected to open higher but may face headwind as commodities prices stay firm. Gold reached a new intra-day high and silver, platinum and palladium advance. Crude oil edged up.
- 123jump.com Staff
- 12 Oct, 2009
- New York City
India received lukewarm response to its latest round oil exploration block auction as world financial crisis limit access to funding. Of the 70 blocks offered, 36 blocks received 76 bids. In the previous seven rounds of auction India attracted $10 billion in exploration investment.
- 123jump.com Staff
- 12 Oct, 2009
- New York City
Stocks in Australia are expected to trade lower in the early trading. Gold, copper and oil edged higher as expectations for global economic recovery remain high. BHP Billiton offered to explore three offshore oil fields in India. Packer increases his stake in Crown Limited.
- Mukesh Buch
- 12 Oct, 2009
- New York City
Markets in New York and Europe traded higher ahead of barrage of earnings this week and weak trading on Columbus Day. Black & Decker surged after it lifted its third quarter earnings outlook. Markets in Canada, Brazil and Japan were closed today.
- Mayank Mehta
- 12 Oct, 2009
- New York City
European markets closed higher as a rally in the region lifted tech and banking stocks. Philips NV reported better than expected earnings. Vivendi SA sued two French shareholders and an association for participating in a class action lawsuit in New York. Dollar trades weak against euro.
- Mayank Mehta
- 12 Oct, 2009
- New York City
Barclays is planning to sell its risky loans portfolio that may raise
- Mayank Mehta
- 12 Oct, 2009
- New York City
The Black and Decker Corporation led gainers in the S&P 500 index with a rise of 8.1%. Fastenal Co third quarter net income falls 35%. Digital River plunged after Symantec said it will not extend its e-commerce contract. Blackstone Group surged after it plans to list eight portfolio companies.
- 123jump.com Staff
- 12 Oct, 2009
- New York City
Stocks in Mumbai advanced after Prime Minister reassured investors that economic stimulus will continue. Indiabulls Power initial public offering was oversubscribed five times. Rupee edged higher as international investors increase net exposure to stocks.
- 123jump.com Staff
- 12 Oct, 2009
- New York City
Stocks in early trading in New York extended gains in Europe. Asian markets closed lower. The dollar hovered near low against the yen and the euro for the year. Gold, silver, copper, oil and natural gas edged higher. Electronics maker Philips N.V. reported earnings that surprised European investors.
- Mukesh Buch
- 11 Oct, 2009
- New York City
September comparable sales managed to show a small gain on a calendar shift, delayed back-to-school sales and weak comparison to the previous year. Teenage retail related sales were soft in the month.
- Mayank Mehta
- 09 Oct, 2009
- New York City
Tata Motors completed its offering of $750 million to repay last installment of $600 million for a $3 billion loan assumed during the purchase of Jaguar Land Rover. The India based trucks and automaker is expected to benefit from the rising auto sales in India.
- Mayank Mehta
- 09 Oct, 2009
- New York City
Stocks in Mumbai trading closed lower after negative comments from influential investor. Infosys declined after it reported earnings that met investors
- 123jump.com Staff
- 09 Oct, 2009
- New York City
U.S. stocks closed higher for the fifth day in a row ahead of earnings. Stocks Citigroup sells its trading commodities unit to Occidental Petroleum Corp for $250 million. U.S. trade deficit narrows 3.5% in August.
- 123jump.com Staff
- 09 Oct, 2009
- New York City
European markets closed nearly unchanged as the euro advanced against the pound and held firm against the dollar. German exports declined in September and trade surplus decreased 28%. Industrial output in France and Italy increased in August.
- Mayank Mehta
- 09 Oct, 2009
- New York City
UK stocks closed nearly unchanged as the pound fell against the dollar and the euro. Currency analysts are predicting the pound to trade below 95 euro cents by the end of the year. The troubled retailed JJB Sports to raise