- 123jump.com Staff
- 28 Sep, 2009
- New York City
Australian stocks declined after the G-20 meeting failed to declare any new measures to sustain the global economic recovery. Nufarm Limited led gainers after it entered in talks with China based Sinochem that may lead to a takeover. Retailers closed mixed and banks edged lower.
- 123jump.com Staff
- 28 Sep, 2009
- New York City
German voters returned Angela Merkel led CDU/CSU party with the highest share of votes as the SPD takes a beating. Merkel led parties also reported their worst showing in sixty years. Solar stocks fell on the worries that the government subsidies may be trimmed but nuclear power utilities gained.
- 123jump.com Staff
- 28 Sep, 2009
- New York City
The election results of federal parliament of Germany, Bundestag handed victory to a coalition led by Chancellor Angela Merkel. CDU/CSU party returns to power with the lowest share of votes as voters drift to smaller parties and reject in droves the SPD message.
- Mukesh Buch
- 28 Sep, 2009
- New York City
Stocks in New York trading gained as merger activities pick up. European markets closed higher after ruling party coalition succeed in regaining its majority. In commodities trading silver and sugar traded near their highs.
- Mayank Mehta
- 28 Sep, 2009
- New York City
UK stocks closed higher after home prices increased in September and rental contracts advanced in the three months. Home builders gained. Wolseley surged after the retailer guided positive earnings outlook. The online casino 888 Holdings signs joint venture with a South Africa based casino.
- Mayank Mehta
- 28 Sep, 2009
- New York City
Affiliated Computer Services led gainers with a rise of 16.4% after Xerox offered 34% premium. Xerox led the decliners. Abbott increased on a purchase of Solvay SA pharma business. Gander Mountain surged 34% after it agreed to go private. Pomeroy IT Solutions acquired by Platinum Equity.
- 123jump.com Staff
- 28 Sep, 2009
- New York City
Stocks in early trading surged after two merger deals. Xerox agreed to pay $6.4 billion for government services outsourcing company Affiliated Computer Services. Abbott agreed to pay $6.6 billion to acquire pharmaceutical business of Belgium based Solvay SA. German election returns ruling coalition.
- Trupti Mehta
- 28 Sep, 2009
- New York City
Xerox agreed to acquire Affiliated Computer Services, Inc for $6.4 billion in cash, stock and debt. The expensive deal will position Xerox as one of the largest government contract and business outsourcing companies.
- Mukesh Buch
- 25 Sep, 2009
- New York City
Weak durable goods orders and new home sales hovered the trading sentiment in stocks, bonds and commodities trading in New York. Industrial, retailers and resource stocks declined with GE, Alcoa, Wal-Mart and MasterCard leading the losers.
- 123jump.com Staff
- 25 Sep, 2009
- New York City
Stocks in Mumbai declined led by resource stocks and IT outsourcing companies. Jet Airways board approved $400 million offering. Dr Reddy
- Mayank Mehta
- 25 Sep, 2009
- New York City
European stocks closed lower as investors prepare for the earnings season in two weeks. Club Med surges on media speculation of an impending buyout offer. EADS is looking for extra
- Mayank Mehta
- 25 Sep, 2009
- New York City
Unilever Plc proposed to acquire Sara Lee global body care and European detergent business for
- Mayank Mehta
- 25 Sep, 2009
- New York City
Research In Motion declines after earnings disappointed some traders. KB Home fell on earnings. Airlines trade higher after UBS lift rating on AMR Corp. Terra Industries declare one-time cash dividend. Sara Lee increase of global body care division sale to Unilever.
- 123jump.com Staff
- 25 Sep, 2009
- New York City
Unilever agrees to acquire Sara Lee personal care business in Europe for
- Mukesh Buch
- 25 Sep, 2009
- New York City
Durable goods orders fell 2.4%, second monthly decline in three months. The inventory rebuilding in the last six months had lifted hopes among investors that orders will keep increasing for the rest of the year. Research In Motion Limited plunges 15%.