- Mukesh Buch
- 25 Nov, 2010
- New York City
Stock in Mumbai fell as banks and developers led the decliners. Bank of India, Canara Bank, LIC Housing and Punjab National Bank fell more than 5%. Hindustan Construction Company plunged nearly 11% as its unit Lavasa is probed by regulators.
- Mukesh Buch
- 23 Nov, 2010
- New York City
Analog Devices, fourth quarter sales increased 35% to $770 million. Campbell Soup first quarter net revenues fell 1% to $2.17 billion. Hewlett-Packard fourth quarter net revenue rose 8% to $33.28 billion. Medtronic, second quarter worldwide revenue rose 2% to $3.90 billion.
- Mukesh Buch
- 24 Nov, 2010
- New York City
Stock in Mumbai declined. Dr. Reddy''s gained 1.1% after acquire agreed to acquire GlaxoSmithKline
- Chandrasekhar Atreya
- 25 Nov, 2010
- New York City
Stocks in Shanghai and Hong Kong closed higher tracking the gains in international markets. Coal reserves at some power plants are very low in China. Rusal enters China with a joint venture to sell aluminum. Hong Kong debt rating lifted higher.
- Chandrasekhar Atreya
- 25 Nov, 2010
- New York City
Tokyo indexes closed up a fraction as nervous traders monitor elevated tensions in the Korean peninsula. Exports in October rose at a slower pace of 8% and rose for the eleventh month in a row. Tourist arrivals in October drop as fewer Chinese visit Japan.
- Chandrasekhar Atreya
- 25 Nov, 2010
- New York City
Australian shares gained moderately in a slow trading in Asia. Beach Energy and Japan
- Mukesh Buch
- 23 Nov, 2010
- New York City
Stock in Mumbai slumped. Bajaj Auto Ltd. gained 2.9% as it focuses on expanding its dealer network. MphasiS surged 8.5% after annual net profit rose 20%. Mahindra & Mahindra agreed to acquire 70% stake in South Korea based Ssangyong Motor for $465 million.
- Mukesh Buch
- 22 Nov, 2010
- New York City
Cyberonics, second quarter net revenues surged 17% to $47.5 million. America
- Mukesh Buch
- 22 Nov, 2010
- New York City
Alstom Projects rose 2.4% after secured a contract worth $10 million. Chambal Fertilisers plunged 4.9% after the fertilizer department rejected plans to decontrol urea prices. Jai Corp, IVRL and GVK surged after the environmental ministry approved plans for the second international airport in Mumbai
- 123jump.com Staff
- 24 Nov, 2010
- New York City
The off-price retailer net sales increased 5% to $5.5 billion in the quarter on comparable store sales rise of 1%. Net quarterly income rose 7% to $372.3 million, reflecting strong merchandise margins. Earnings per share grew to 92 cents from 81 cents per share in the prior-year quarter.
- Mukesh Buch
- 19 Nov, 2010
- New York City
Autodesk plunged 3.1% third quarter revenue increased 14% driven by strong revenue growth. Dell third quarter revenue rose 19% to $15.4 billion on strong corporate demand. The Gap third quarter net sales increased 2% to $3.65 billion.
- Arthi Gupta
- 24 Nov, 2010
- New York City
The UK indexes traded sideways after Ireland announced stringent austerity measures and S&P downgraded its credit rating. The UK GDP expanded but business investment fell in the third quarter. Rolls-Royce announced deals worth $1.2 billion with Emirates.
- Arthi Gupta
- 24 Nov, 2010
- New York City
The European indexes rose after German business confidence improved in November. Portuguese strike paralyzed the nation. Euro area industrial new orders fell in September.
- Arthi Gupta
- 24 Nov, 2010
- New York City
U.S. stocks gained after weekly jobless claims fell 34,000. S&P downgraded Ireland credit rating. SAP ordered to pay $1.3 billion in damages to Oracle. J. Crew Group agrees to be acquired by TPG Capital for $3 billion. Dynegy terminated deal with Blackstone.
- Mukesh Buch
- 18 Nov, 2010
- New York City
Applied Materials fourth quarter net sales surged 89% to $2.89 billion. Sears Holdings third quarter net sales fell to $9.68 billion. J. M. Smucker second quarter revenues flat to $1.3 billion. The Buckle net sales rose 5.2% to $243.3 million. General Motors surged 7% on the first day of trading.