- Chandrasekhar Atreya
- 19 Oct, 2010
- New York City
Stocks in China surged on the expectations of sustained economic growth in the next five years and HK stocks edged higher after the U.S. dollar traded higher. China
- Chandrasekhar Atreya
- 19 Oct, 2010
- New York City
Japanese stocks rebounded Tuesday on earnings outlook and a pause in yen
- Chandrasekhar Atreya
- 19 Oct, 2010
- New York City
Australian shares pared its weak start to this week but stayed little changed and the Australian dollar hovered near the parity with the U.S. dollar. Construction industry survey highlighted worker shortage. Australia reduces U.S. Treasury holdings in August by 25%.
- Bikram Pandey
- 18 Oct, 2010
- New York City
U.S. stocks and bonds closed higher and industrial output in September declined unexpectedly. The dollar declined against the yen and the euro and gold and silver closed higher. Banks in the U.S. and Europe closed higher after Citigroup reported better than expected earnings. UK proposed military budget cuts for the next three years.
- Bikram Pandey
- 18 Oct, 2010
- New York City
Citigroup added more than 3% after it reported better than expected earnings. Haliburton Company dropped more than 4% after the quarterly earnings surged 108%. New Oriental Education & Technology Group Inc rose as much as 4% after revenues increased 29%.
- 123jump.com Staff
- 18 Oct, 2010
- New York City
The UK indexes gained after home prices surged 3.1% in October. The CEBR forecasted the BoE will expand bond buying program by
- Arthi Gupta
- 18 Oct, 2010
- New York City
The European indexes advanced after Citigroup reported better than expected earnings and Bundesbank forecasted German GDP growth to exceed 3% in 2010. Trichet rejected calls to scrap ECB bond buying. Italy current account deficit rose in August.
- Arthi Gupta
- 18 Oct, 2010
- New York City
U.S. stocks traded lower after Citigroup quarterly sales and net rose. St. Jude Medical agreed to buy AGA Medical for $1.3 billion including debt. Northeast Utilities agreed to acquire NSTAR in all stock $9.5 billion deal.
- Mukesh Buch
- 18 Oct, 2010
- New York City
Larsen & Toubro increased more than 1% after its second quarter net from operations increased 19.6%. Godrej Properties declined 3.6% after quarterly net fell 26.4%. HDFC Bank second quarter net surged 21.6%.
- 123jump.com Staff
- 18 Oct, 2010
- New York City
Stocks in Mumbai recovered from the early fall as the Coal India offering received more than thirty percent of subscription. World
- Chandrasekhar Atreya
- 18 Oct, 2010
- New York City
In the absence of global events and local economic news stocks declined in Shanghai and Hong Kong. China
- 123jump.com Staff
- 18 Oct, 2010
- New York City
The open source solutions provider quarterly revenue rose 20% to $219.8 million. Net income in the quarter declined 18% to $23.7 million, which included a one-time tax benefit of $7.3 million. Earnings per share fell to 12 cents from 15 cents per share in the year-ago quarter.
- Chandrasekhar Atreya
- 18 Oct, 2010
- New York City
Stocks in Japan closed nearly unchanged and the yen traded at elevated level. Department store sales fell in September for the 31st month in a row. Japanese oil firm Inpex drops its Iran project in order to pursue energy development plans in Australia and other regions.
- Chandrasekhar Atreya
- 18 Oct, 2010
- New York City
Australian shares declined today and the dollar eased from its record high on Friday. BHP Billiton and Rio Tinto formally cancel the Pilbara iron ore venture as it faced regulatory hurdles from Australia, Korea, Japan and EU. Heavy rains in Queensland delays iron ore exports.
- Devan Biswas
- 15 Oct, 2010
- New York City
U.S. stocks edged lower but tech stocks surged nearly 2.7% in the week. Investors stayed on the side lines after the release of mixed U.S. economic data and lower than expected revenues from GE. Banks may face more scrutiny as foreclosure process grinds to a halt. Inflation in Europe rose.