- Bikram Pandey
- 19 Jan, 2011
- New York City
U.S. indexes dropped sharply after latest housing data suggested weak and uneven recovery. Goldman Sachs earnings dropped 53% and American Express cut back office staff. Asian markets rose as exporters gained on Apple sales and earnings.
- Chandrasekhar Atreya
- 20 Jan, 2011
- New York City
Stocks in Sydney fell more than 1% led by drops in resource stocks followed by financial and energy stocks. Oz Minerals gold and copper 2010 output exceeds targets. Exports of metallurgical coal from Gladstone Port will commence on Friday.
- Mukesh Buch
- 19 Jan, 2011
- New York City
Apple first quarter net sales surged 71% on record holiday sales. Amgen signed an agreement to sell a California facility to Boehringer Ingelheim. IBM fourth quarter total revenue increased 6.6%. Goldman Sachs fourth quarter net revenues fell 10% and net plunged 51%.
- Arthi Gupta
- 19 Jan, 2011
- New York City
The UK indexes dropped after jobless claims fell in December. Irish Prime minister survived vote of confidence. Irish home price index declined in the fourth quarter. The FSA imposed fines of
- Arthi Gupta
- 19 Jan, 2011
- New York City
The European indexes edged lower after euro-zone current account deficit widened and construction output fell in November. Germany lifted growth forecast for 2011. Spain home sales plunged in November and Poland raised key interest rate.
- Arthi Gupta
- 19 Jan, 2011
- New York City
U.S. indexes traded sideways after Goldman Sachs reported 10% decline in revenues. Fairholme sold its stake in General Growth to Brookfield for $1.7 billion. Fluor awarded $3.5 billion contract by Santos. Apple profit surged 78%. Northern Trust and State Street quarterly net declined.
- Chandrasekhar Atreya
- 19 Jan, 2011
- New York City
Sensex index in Mumbai ended below 19,000 as stocks in technology, oil and gas sectors declined. HCL Technologies reported third quarter profit increased 34.2%. Gail Ltd plans to raise $800 million or 50% of its 2011 capex through a public issue.
- Chandrasekhar Atreya
- 19 Jan, 2011
- New York City
Shanghai and Hong Kong stocks gained more than 1%. President Hu Jintao began his four-day U.S. trip as trade and defense talks top the agenda. China cuts its U.S treasury holdings to 895.6 billion in November.
- Chandrasekhar Atreya
- 19 Jan, 2011
- New York City
The Nikkei closed higher for the third day in a row led by exporters. Machine tool exports surges 170% as China leads the demand. Mitsubishi Heavy Industry secures an order worth more than 10 billion yen for supply of gas power plant to a U.S electric utility.
- Chandrasekhar Atreya
- 19 Jan, 2011
- New York City
Stocks in Sydney rebounded to a nine-month high led by miners and banks. The Australia dollar trades higher. Woolworth and Wesfarmers are the two Australian retailers in the top global 250 retailers. Singapore Stock Exchange says it is on track to merge with ASX.
- Bikram Pandey
- 18 Jan, 2011
- New York City
U.S. indexes rebounded ahead of earnings this week. Citigroup declined after earnings were lower than expected. Asian markets rose from the three-week lows ahead of earnings from banks in the region. The International Energy Agency lifted its outlook for oil consumption.
- Arthi Gupta
- 18 Jan, 2011
- New York City
The UK indexes climbed after consumer confidence and annual inflation rose in December. RBS agreed to sell its unit to Advent International for
- Mukesh Buch
- 18 Jan, 2011
- New York City
Citigroup fourth quarter total revenue surged to $18.4 billion. Delta Air fourth quarter operating revenue grew 14.3% to $7.79 billion. Forest Laboratories third quarter net revenues increased to $1.13 billion. TD Ameritrade first quarter net revenues rose 5% to $656.2 million.
- Arthi Gupta
- 18 Jan, 2011
- New York City
The European indexes gained after finance ministers resolved to strengthen the region''s rescue fund and German economic sentiment index improved in January. Spain industrial orders surged in November. Axel Springer agreed to buy SeLoger.com for
- Arthi Gupta
- 18 Jan, 2011
- New York City
U.S. indexes fell and Apple CEO Steve Jobs sought medical leave. The IEA raised oil demand forecast for 2011. Massmart approved proposed acquisition by Wal-Mart. Comerica agreed to acquire Sterling Bancshares in $1 billion all-stock deal. Danaher sold Pacific Scientific business for $685 million.