- 123jump.com Staff
- 17 Sep, 2009
- New York City
UK stocks closed at a new high after gaining for the fifth day in a row. Retail sales were flat in August after rising for two months in a row. Balfour Beatty plans to raise
- 123jump.com Staff
- 17 Sep, 2009
- New York City
AMR Corp surged after it arranged $2.9 billion in financing. Ivanhoe Energy soared after it discovered energy field in Ecuador. Oracle declined after quarterly sales increased less than expected. Spirit AeroSystems Holdings and ArcelorMittal were in focus on ratings revisions.
- 123jump.com Staff
- 17 Sep, 2009
- New York City
AMR Corp, the parent of American Airlines surges after it arranges $2.9 billion in financing. This liquidity is in addition to the $1.3 billion capital raised earlier in the year. American Air will also upgrade American Eagle flight cabins and increase daily flights and capacity at its four hubs.
- 123jump.com Staff
- 17 Sep, 2009
- New York City
Home builders edged higher after the release of home construction data. Weekly jobless claims declined 12,000 to 545,000 at the end of last week. AMR Corp raised $1 billion through credit card sale and $1.9 billion in plane lease financing.
- 123jump.com Staff
- 16 Sep, 2009
- New York City
European markets closed lower as banks and financials faced headwinds. Miners and commodities linked stocks gained in Germany and in UK. German retailers report weak sales in the seven months to July. Adidas and Puma gained. Areva increased after it completed 7-year bond offering.
- Mayank Mehta
- 16 Sep, 2009
- New York City
LSE agreed to acquire Sri Lanka based MillenniumIT for $30 million as it lags the smaller and focused rivals to bridge technology gap. The Sri Lanka based group is well known for its exchange processing applications and may prove to be the smartest move by the LSE chief Rolet.
- Mayank Mehta
- 16 Sep, 2009
- New York City
UK stocks gain for the fourth days in a row as commodities rise and US markets closed higher. Tullow Oil advanced after the company and its partners discover a natural gas field off the coast of Sierra Leone. Miners rally on higher copper and god prices.
- 123jump.com Staff
- 16 Sep, 2009
- New York City
Stocks in Japan lost early momentum after global markets edged higher. Banks fell sharply after the new nominee of FSA chief indicated his desire to seek loan moratorium for small and mid-sized businesses. Exporters gained and yen strengthened against dollar.
- 123jump.com Staff
- 16 Sep, 2009
- New York City
The racially motivated attacks against Indian students continue as the latest violence hurt four Indian nationals. At least five people were involved in the incidence and as many as 15 watched while the attacks were carried out. Callers to Indian media are urging students to fight back.
- Mukesh Buch
- 16 Sep, 2009
- New York City
U.S. stocks showed lot of vigor after the release of inflation and industrial production data. Gold closed to a new high as dollar edged lower to a new low for the year. Market indexes that track world and emerging markets reached to highs of the year.
- Mayank Mehta
- 16 Sep, 2009
- New York City
Mumbai stocks gained as markets in Asia rallied on the back of gains in the US and Europe. Commodities and infrastructure related companies led the gainers. Banks also increased on the expectations of higher earnings. Pipavav Shipyard IPO was oversubscribed in the first hour of subscription period.
- Mayank Mehta
- 16 Sep, 2009
- New York City
Healthcare insurers increased after US lawmakers proposed healthcare bill without the public option. Anadarko Petroleum increased after it made a discovery of natural gas field off the coast of Sierra Leone. Omniture, Inc surged on merger agreement with Adobe. Hi-Shear Technologies soars 58%.
- 123jump.com Staff
- 16 Sep, 2009
- New York City
U.S. stocks gained after latest measured inflation data suggested that price increases are contained. UK unemployment increased to 7.9%, highest since November 1996. Chinese companies are expected to expand overseas investment in mining and energy companies.
- 123jump.com Staff
- 16 Sep, 2009
- New York City
Adobe agreed to acquire the Internet traffic analysis software and services provider Omniture to diversify its product offering and increase forestall sagging sales. The offer is 45% premium to the average price of last thirty trading days.