- Bikram Pandey
- 03 Dec, 2010
- New York City
U.S. stocks and indexes struggled after employers added less than expected and unemployment rate increased. The dollar declined and oil and gold surged. European indexes pared gains and the Bundesbank offered positive outlook for the German economy.
- Arthi Gupta
- 03 Dec, 2010
- New York City
The UK indexes slid after services industry index slackened and foreign currency reserves fell in November. Premier Foods confirmed talks to sell its
- Arthi Gupta
- 03 Dec, 2010
- New York City
The European indexes pared gains as the euro-zone private sector activity and retail sale improved. The Bundesbank reiterated that German economic recovery is on track. German services PMI rose in November. French service sector growth accelerated in November.
- Arthi Gupta
- 03 Dec, 2010
- New York City
U.S. stocks declined in the early trading after employers added less than anticipated staff in November. Pending home sales soared in October. Walter Energy and Western Coal in C$3.3 billion merger deal. Sunoco agreed to sell Toledo Refinery for $400 million.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
The benchmark index Sensex declined after rising more than 3% in the last four sessions. Auto sales rose in November on the strength in small car sales. Maruti Suzuki unit sales surged 28% and Mahindra and Mahindra sales rose 18%.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
Shanghai stocks traded lower and closed nearly unchanged and lost 1% in the week. Gold imports in the first ten months soared five-fold. China plans a shift in monetary policy stance in 2011 to contain inflation. GM, the first global automaker, sold 2 million cars in a year in China.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
Stocks in Japan closed higher after U.S. retail chain stores sales surged in November and home sales index increased. European Central Bank also stepped up buying of bonds of weak economies. Finance minister propose to revise taxes on dividend and capital gains from 2012.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
Australian shares closed marginally up. Rio Tinto and Chinalco agreed to form a joint venture to explore new deposits in China. November auto sales rise 1.8% in Australia. Western Australia approves a bill allowing BHP and Rio Tinto for further expansions in the state with a one-time payment of A$350 million.
- Bikram Pandey
- 02 Dec, 2010
- New York City
U.S. stocks closed higher after same store sales rose more than expected in November. European markets closed higher after the ECB stepped up bonds buying and Spain completed the sale of
- Mukesh Buch
- 02 Dec, 2010
- New York City
Costco said November comparable sales rose 9%. General Motors vehicle sales increased 11.4%. Kroger third quarter total sales soared 5.9% to $18.7 billion. Toll Brothers fourth quarter revenues declined 17.2% to $402.6 million.
- Arthi Gupta
- 02 Dec, 2010
- New York City
The UK indexes rose after construction activity slowed in November. GlaxoSmithKline inched closer to acquire China-based Nanjing MeiRui Pharma. TUI Travel annual loss widened 65% as sales declined 3.2%.
- Arthi Gupta
- 02 Dec, 2010
- New York City
The European indexes traded sideways after the European Central Bank retained liquidity measures and held key rate at 1%. Spain successfully raised nearly
- Chandrasekhar Atreya
- 02 Dec, 2010
- New York City
Sydney stocks surged nearly 2% on positive economic data from China and the U.S. Retail sales drops for the first time in eight months. Trade surplus in October was $2.625 billion.
- Arthi Gupta
- 02 Dec, 2010
- New York City
U.S. stocks traded higher after Spain successfully raised nearly
- Chandrasekhar Atreya
- 02 Dec, 2010
- New York City
Tokyo stocks surged the most in two weeks on positive U.S. economic data. Business investment in September quarter rises 5%, breaking a three-year losing streak. Tobacco Tax revenue surges 120% in October from a year earlier. Year-end bookings by tourists to China drop 50%.