- Chandrasekhar Atreya
- 28 Oct, 2010
- New York City
Stocks fell for the fourth day in Tokyo on the weakness in resource stocks. Bank of Japan said it will consider asset purchase expansion if the economy situation warrants. Retail sale increased 1.2% in September.
- Chandrasekhar Atreya
- 28 Oct, 2010
- New York City
Stocks in Shanghai remained little changed after banks reported sharply higher prices. Bank of China earnings rose 29% and AgBank earnings gained 30%. Most airlines passed on recently revised higher fuel prices to consumers. Home buyers in Shanghai and other cities are deterred by elevated prices.
- Chandrasekhar Atreya
- 28 Oct, 2010
- New York City
Shares in Sydney rallied after ANZ Bank reported lower loan loss provisions. More lawmakers voiced their opposition to the acquisition of ASX Ltd. Senate vote clears to appointment of committee to investigate banking sector competition.
- Devan Biswas
- 27 Oct, 2010
- New York City
U.S. stocks declined and European markets fell after investors dialed back expectations on the Fed
- Bikram Pandey
- 27 Oct, 2010
- New York City
Aflac Inc reported quarterly earnings nearly doubled helped by favorable exchange rate in Japan. DeVry Inc and F5 Networks Inc gained after companies reported better than expected earnings. Whirlpool Corp declined after weaker earnings in the U.S. and Europe.
- Arthi Gupta
- 27 Oct, 2010
- New York City
The UK indexes edged lower after commodities stocks fell. GlaxoSmithKline finalized $750 million settlement with the U.S. Shell agreed to sell downstream businesses in Finland and Sweden. Interserve won contracts worth
- 123jump.com Staff
- 27 Oct, 2010
- New York City
The PC maker revenue surged 67% to $20.34 billion in the quarter. Net quarterly profit soared 70% to $4.31 billion driven by strong sales of Macintosh computers, iPhones and iPad multimedia devices. Earnings rose to $4.64 per diluted share versus $2.77 per diluted share, in the year-ago quarter.
- Arthi Gupta
- 27 Oct, 2010
- New York City
The European indexes fell after mixed earnings. Euro-zone private sector lending rose in September and French consumer spending increased. German CPI remained flat at 1.3% in October. Norway and Poland left key rate unchanged. Deutsche Bank reported a loss on Postbank charge. SAP AG earnings rose.
- Arthi Gupta
- 27 Oct, 2010
- New York City
U.S. stocks declined ahead of the Federal Reserve meeting next meeting. U.S. durable goods orders increased in September and mortgage demand rose as interest rates dropped. Pacific Biosciences priced its public offering at $16.00 a share.
- Mukesh Buch
- 27 Oct, 2010
- New York City
Stocks in Mumbai declined. Asian Paints Limited fell nearly 3% on weak earnings. HT Media Limited fell after net jumped 44%. NTPC Limited slumped 3% and profit declined 2%. Thermax Ltd quarterly net surged 65%.
- Chandrasekhar Atreya
- 27 Oct, 2010
- New York City
Mumbai stocks dropped more than 1% weighed in by the expiry of monthly derivatives contracts and a weakness in financials. India and Malaysia finalize a free trade deal to lift trade between two nations. Tata Steel Jamshedpur production will reach 10 million tons by second quarter of 2011.
- Chandrasekhar Atreya
- 27 Oct, 2010
- New York City
Stocks in Shanghai drop after several companies reported losses. Luxury home prices in Hong Kong the previous peak in 1997. Chalco reports quarterly loss while CRCC expects to declare losses. Net profit at BYD drops by 99%.
- Chandrasekhar Atreya
- 27 Oct, 2010
- New York City
Stocks in Tokyo closed fractionally up after trading down in the afternoon session led by banks and brokerages. Canon Inc lifted its full year net income outlook by 2.1% on higher third quarter earnings. The shipments of Personal computer soared 31% and laptop surged 19% in the fiscal first half.
- Chandrasekhar Atreya
- 27 Oct, 2010
- New York City
Shares in Sydney lost ground after softer than expected inflation data changed investor sentiment. Consumer price index rose 0.7% in the third quarter and core price inflation rose 0.6% only. Australia turned net importer of food and groceries.
- Devan Biswas
- 26 Oct, 2010
- New York City
U.S. indexes decline after home prices in cities increased at a slower pace. The persistent weakness in home prices and uncertainties in the foreclosure process keep buyers on the sidelines. European markets closed lower as earnings outlook deteriorate and government and consumers tighten spending.