- 123jump.com Staff
- 23 Sep, 2009
- New York City
New Zealand emerges from recession as housing market and consumer confidence strengthens in the second quarter. The six quarter long recession was the longest in thirty years as the nation joins Germany, France and Singapore to rebound with anemic growth rate.
- Mayank Mehta
- 23 Sep, 2009
- New York City
World Bank provided $10 billion in loans to India to support its infrastructure driven stimulus program and recapitalize public sector banks. Jaiprakash Associates, Suzlon, Cipla and others sell stocks to raise more than $400 million. ONGC plans to spend $10 billion to expand energy exploration.
- 123jump.com Staff
- 22 Sep, 2009
- New York City
Australian stocks are likely to open higher as commodities prices closed up and Australian dollar edged higher in New York trading. The dollar fell against the euro, the pound and the yen. Rio Tinto completed one more asset sale to lower its debt. Babcock & Brown board selects recapitalization plan.
- Mukesh Buch
- 22 Sep, 2009
- New York City
World markets advanced as Fed is set to announce its rate decision tomorrow and world leaders meet in two days. Commodities and crude oil prices increased as the dollar decreased to a new low for the year.
- Mayank Mehta
- 22 Sep, 2009
- New York City
Accor announces the sale and leaseback of low end hotel properties to lower debt. HeidelbergCement raised
- 123jump.com Staff
- 22 Sep, 2009
- New York City
UK stocks edged higher as investors showed willingness to buy stocks ahead of earnings next month. Cadbury asked Takeover Panel to request a formal bid from Kraft Foods or drop the merger plans. Mining stocks rallied as commodities and oil gain.
- Mayank Mehta
- 22 Sep, 2009
- New York City
Student loan lenders declined after the U.S. House passed the bill to eliminate the private lenders. SLM Corp, Apollo Group, ITT Educational Services and Corinthian Colleges declined more than 4%. Carnival and CarMax traded higher after earnings releases.
- Mayank Mehta
- 22 Sep, 2009
- New York City
The benchmark index in India advanced as Asia Development Bank lifted its economic growth target for India to 6%. Advance tax collection for the current quarter surged nearly doubled. Reliance Communications plans to list its infrastructure unit and raise as much as $1 billion.
- 123jump.com Staff
- 22 Sep, 2009
- New York City
U.S. stocks participated in a world market rally as commodities prices rise in Asia and Europe and brokers lift outlook for retailers and technology companies. The dollar firmed but traded near its low for the year. Student lenders fall.
- Darlington Musarurwa
- 21 Sep, 2009
- New York City
China considers raising hydroelectric power prices. CBRC urges lenders to increase internal risk management. IPO activity in China is picking up with the pricing of Metallurgical Corp and a filing by China International Travel Services Corp.
- 123jump.com Staff
- 21 Sep, 2009
- New York City
Australian stocks indicate lower opening with the decline in crude oil and gold prices in New York. Rio Tinto sells Brazil iron ore assets. New Zealand consumer optimism climbs in September. The Australian dollar hovered near its 13-month high.
- Mukesh Buch
- 21 Sep, 2009
- New York City
U.S. and world stocks fell ahead of 2-day Fed meeting and the beginning of $112 billion government bond auction. The dollar climbed and crude oil and god futures fell. AIG surged on the expectations of relaxed terms of bailout and Bank of America refused to send documents to a lawmaker
- Mayank Mehta
- 21 Sep, 2009
- New York City
European markets declined for the second day in a row. Resource stocks led the decline after commodities and crude oil futures fell. Areva received several bids for its transportation and distribution unit. Daimler expects profit in the second half. Parmalat and K+S declined.
- Mayank Mehta
- 21 Sep, 2009
- New York City
UK stocks declined as commodities and the pound fell. Land Securities agreed to sell its one third holding in Bullring mall in Birmingham. PetroNeft plans to raise $27.50 million. Royal Bank of Scotland is planning multi-billion dollar issue to raise capital.
- Mayank Mehta
- 21 Sep, 2009
- New York City
Dell Inc declined after it agreed to acquire Perot Systems for $3.9 billion. Perot Systems surged 66%. Lennar dropped after it reported wider than expected loss and dragged other home builders lower. Moody