- Nigel Thomas
- 15 Nov, 2010
- New York City
Stocks in China region closed higher but in Hong Kong declined. Russia based OAO EuroSibEnergo is expected to complete its public offering in Hong Kong before the end of the year. The one-month yuan futures weakened but the currency is expected to gain against the dollar in the next three months.
- Marcus Jacob
- 15 Nov, 2010
- New York City
Stocks in Tokyo trading increased after Japan reported faster than expected economic expansion and the yen weakened. The economic growth in the fiscal second quarter increased to annual rate of 3.9% from the revised 1.8% rate in the first. Banks and exporters gained in trading.
- Mukesh Buch
- 13 Nov, 2010
- New York City
Caribbean markets edged lower in a weak trading. For the week the indexes were nearly unchanged. Banks and insurance companies led the most active stocks in trading. World markets declined as commodities fall and inflation in China accelerated.
- Nichole Harper
- 12 Nov, 2010
- New York City
World stocks closed declined after resource stocks fell, commodities fell to 18-month low after China reported accelerating inflation. China region indexes plunged more than 5%. Peripheral EU nations
- Bikram Pandey
- 12 Nov, 2010
- New York City
European indexes fell as European leaders discuss renewed threat of sovereign bonds stresses in Ireland and Portugal. Resource stocks also fell on the worries that accelerating inflation in China will bring additional tightening in the world
- Nigel Thomas
- 12 Nov, 2010
- New York City
UK stocks closed lower on a weakness in resource stocks. Copper prices declined from the record after China reported accelerating inflation. European leaders discuss renewed threat of sovereign debt stress in the region.
- Mukesh Buch
- 12 Nov, 2010
- New York City
Dillard''s third quarter revenue decreased to $1.34 billion. D.R. Horton fourth quarter sales fell to $925.7 million. Nvidia Corp. revenue declined 6.6%. Walt Disney fourth quarter revenues decreased 1% to $9.7 billion.
- Bikram Pandey
- 12 Nov, 2010
- New York City
U.S. stocks traded lower after markets in Asia plunged and European indexes traded lower. G20 nations meeting failed to produce clear guidelines to set right or tackle rising global financial and trade imbalances. J.C. Penney reported better higher profit.
- Devan Biswas
- 12 Nov, 2010
- New York City
G20 nations issued a statement after a meeting of two days that focused on broad issues of global imbalances and failed to show any concrete plans. The leaders deferred to the concrete steps to the next meeting and said the importance of common indicators to track global developments.
- 123jump.com Staff
- 12 Nov, 2010
- New York City
Stock in Mumbai slumped. Autoline Industries gained 1.8% after net profit increased 115%. Jamna Auto Industries soared 10.6% after net profit surged 107%. Lumax Auto Technologies increased 4.1% after net profit gained 124.4%. Man Industries advanced 2.7% after net profit surged 710%.
- Nigel Thomas
- 12 Nov, 2010
- New York City
Stocks in China plunged on the worries that accelerating inflation will spark another round of bank tightening. The benchmark indexes in Shanghai plunged more than 5%. Hong Kong reported third quarter economic growth at 6.8%.
- Marcus Jacob
- 12 Nov, 2010
- New York City
Stocks in Tokyo declined after rising for two days and banks declined. Sumitomo Mitsui Financial and Mizuho Financial revised annual earnings outlook. Mizuho also agreed to take 2% stake in the U.S. based asset manager BlackRock.
- Bikram Pandey
- 11 Nov, 2010
- New York City
U.S. stocks declined after Cisco Systems guided lower revenues on weaker sales to governments in Japan, Europe and the U.S. European markets fell on the renewed worries that Ireland and other nations may struggle to repay sovereign debts. Copper closed at a record on the inflation worries in China.
- Devan Biswas
- 11 Nov, 2010
- New York City
UK stocks and broader indexes fell after investors feared that Ireland and other smaller nations may struggle with bonds repayment. Copper prices closed at a record high on the inflation worries in China. Irish bonds yields rose to 9%.
- Marcus Jacob
- 11 Nov, 2010
- New York City
European markets came under pressure after investors face significant losses linked to Ireland related debts and bonds. The loss worries quickly extended to other struggling nations including Spain, Portugal and Greece. Siemens AG lifted its dividend. Telefonica SA fell on weaker earnings.