- 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.
- Chandrasekhar Atreya
- 18 Jan, 2011
- New York City
Stocks in Mumbai rallied more than 1% following sharply higher earnings from TCS, GAIL and Bajaj Finance. India led the global project finance deals at $81.4 billion in 2010.
- Chandrasekhar Atreya
- 18 Jan, 2011
- New York City
Shanghai stocks stayed little changed after dipping to a 15-week low on Monday. M&A activities surge 27% to more than $200 billion and FDI soars 17.4% to $105.74 billion in 2010. Profits at state-run enterprises soars 37.9% to 1.99 trillion yuan.
- Chandrasekhar Atreya
- 18 Jan, 2011
- New York City
Japanese stocks rallied to push the Topix index up for the first time in three days. Toyota Motor resumes production at 11 plants after heavy snowfall on Monday. Russia based OAO Gazprom appoints Japan to construct a LNG plant near Vladivostok.
- Chandrasekhar Atreya
- 18 Jan, 2011
- New York City
Stocks in Sydney rebounded with a rise in financials, material and energy stocks. Australia appoints a business task force to help Queensland recover from flood ravages. Brisbane returns to normal slowly, Victoria starts evacuations. Prices of thermal coal rises 5% as mines struggle to restart.
- Arthi Gupta
- 17 Jan, 2011
- New York City
The UK indexes fell after home prices rose in January. Rolls-Royce agreed to supply gas turbines and waterjets to the U.S. Navy. BP formed alliance with Russia-based Rosneft and also won four Australian deepwater licenses.
- Arthi Gupta
- 17 Jan, 2011
- New York City
The European indexes traded sideways ahead of the European finance ministers meeting in Brussels. Fitch lowered Greece ratings to junk. OPEC lifted global oil demand growth forecast for 2011. VimpelCom Board approved deal with Wind Telecom.
- Bikram Pandey
- 14 Jan, 2011
- New York City
U.S. stocks closed higher for the seventh week in a row and two popular benchmarks the Dow and the S&P are near 30-month high. Financials rallied on the back of earnings from JPMorgan and AIG repaid $21 billion to the Fed. Gold declined after China lifted bank reserve requirements.
- Mukesh Buch
- 14 Jan, 2011
- New York City
AT&T estimates pre-tax charged $2.7 billion in the fourth quarter. American Capital priced public offering at $28 per share. Intel Corp. fourth quarter revenue rose 8% to $11.46 billion. JPMorgan fourth quarter total revenue rose 13% to $26.1 billion.
- Arthi Gupta
- 14 Jan, 2011
- New York City
The UK indexes dropped as inflation increase and a private estimate suggested economic growth of 1.6% in 2010. Output price inflation increased and home prices declined in December. BAE Systems agreed to acquire Norkom for