- Mayank Mehta
- 07 Dec, 2009
- New York City
Nvidia Corp and AMD increased after Intel canceled its latest graphic chip. MetroPCS gained on positive comments. AsiaInfo Holdings acquired China based Linkage Technologies for $730 million. Healthcare stocks advanced as the U.S. lawmakers debate the industry reforms.
- Mukesh Buch
- 07 Dec, 2009
- New York City
U.S. stocks and the dollar are edging higher as the rate increase speculation swirl the market. Citigroup trades lower after the Kuwait Investment Authority sells its entire stake and earns $1.1 billion profit. Gold and crude oil are on the decline in New York and London.
- Darlington Musarurwa
- 04 Dec, 2009
- New York City
Stocks in Australia declined as commodities prices faltered. CBA lifted rates on various loan products by as much as 0.5% following the decision of the Reserve Bank of Australia. Lend Lease considers buying ING Retail Property Fund.
- Darlington Musarurwa
- 04 Dec, 2009
- New York City
China Shipbuilding Industry filed to sell shares in an IPO to raise $2.2 billion. Chinese state controlled companies lost nearly $1.7 billion in derivative transactions and regulators partly blamed foreign banks for losses. Investors worry about real estate bubble in mainland China and in Hong Kong.
- Mukesh Buch
- 04 Dec, 2009
- New York City
Tech stocks retained their gains at close in New York but the Dow and the Nasdaq lost early gains. The jobs report set the stage for a rally in stocks and gold plunged 4.5% and yields on Treasuries increased. The unemployment in November edged lower surprising most economists.
- Mayank Mehta
- 04 Dec, 2009
- New York City
The European markets indexes closed higher after the release of better than expected jobs data in the U.S. Biotest AG gained 4% after it won the EU approval to market its hepatitis drug in the region. Volkswagen receives shareholders approval to issue up to 135 million preferred shares.
- Mayank Mehta
- 04 Dec, 2009
- New York City
The UK stocks increased slightly after trading listless in the session. The Berkeley Group Holdings first-half profits slides but the stock gains. The software developer Innovation Group plunged 11% after it reported a wider annual loss.
- Mayank Mehta
- 04 Dec, 2009
- New York City
Employment services provider surged after the release of better than expected unemployment data in November. Big Lots surged after it reported better than expected earnings. Bank of America increased after it completed $19.3 billion rights offering.
- 123jump.com Staff
- 04 Dec, 2009
- New York City
The U.S. benchmark indexes gained after the release of November unemployment data. The job losses in the month declined to 11,000 and unemployment rate decreased to 10%. Bank of America raised $19.3 billion and plans to repay TARP funds of $45 billion.
- Darlington Musarurwa
- 04 Dec, 2009
- New York City
Japan government is expected to unveil 24 trillion yen stimulus plan and the Bank of Japan will provide 10 trillion yen short term liquidity. TSE asked to pay 10.71 billion yen in damages. American Airlines proposes $1.1 billion offer of JAL.
- Mayank Mehta
- 04 Dec, 2009
- New York City
India may sell 3G wireless spectrum license on January 14 and raise as much as $5 billion. Coal imports from Australia and Indonesia is expected to increase as India builds more power plants. Portfolio foreign investments in the seven months to October exceeded $18 billion.
- Mayank Mehta
- 03 Dec, 2009
- New York City
Stocks in Japan surged after the yen weakened. The yen declined less than 0.5% from its 14-year high but traded near its recent highs for the year. Capital spending at Japanese companies in the quarter to September decreased 25.7% from a year ago.
- Mayank Mehta
- 03 Dec, 2009
- New York City
Australian stocks and dollar held firm. Incitec Pivot plans at least $500 million debt offering. Resource stocks advance as gold and other metals advance. Arrow Energy climbs on positive comments. Caltex Australia declines after an analyst downgrade.
- Mayank Mehta
- 03 Dec, 2009
- New York City
Stocks in Mumbai traded higher. DLF plans listing in Singapore. Ashok Leyland unit auto sales double in November. The steelmaker JSW
- 123jump.com Staff
- 03 Dec, 2009
- New York City
European markets generally closed lower. The ECB President suggested to wind down various loan programs as the economy recovers in 2010. Air France plans to revamp its European operations. AXA completes