- Chandrasekhar Atreya
- 05 Jan, 2011
- New York City
Stocks in Mumbai fluctuated and closed lower. India decides to hold diesel retail prices. Larsen & Toubro after a restructuring will operate under nine independent companies.
- Chandrasekhar Atreya
- 04 Jan, 2011
- New York City
The benchmark index in Australia closed flat on the first day of trading. Losses mount and coal supplies remain disrupted as floods wash rail lines in Queensland. The new Australian Consumer Law is expected to streamline disclosures. Manufacturing activity softened in December.
- Chandrasekhar Atreya
- 04 Jan, 2011
- New York City
Tokyo stocks hit a fresh 7
- Chandrasekhar Atreya
- 04 Jan, 2011
- New York City
Stocks in Hong closed higher as the index gained in a longest rally in two months. Shanghai index gained on the first day of trading with copper and coal miners leading. December index for non-manufacturing sector gained after declining for two months.
- Chandrasekhar Atreya
- 04 Jan, 2011
- New York City
Stocks in Mumbai fluctuated and closed lower. South Korea based Posco
- Chandrasekhar Atreya
- 03 Jan, 2011
- New York City
Sensex index in Mumbai closed higher. November exports rose 26.5% to $19 billion but current account deficit surged. India
- Arthi Gupta
- 07 Jan, 2011
- New York City
The UK indexes slid after weaker job markets in Europe and the U.S. CSC revised terms for Trafford Centre acquisition. British Land sold superstore to Aviva Investors for
- Arthi Gupta
- 07 Jan, 2011
- New York City
The European indexes declined after euro-zone jobless rate was flat in November and GDP growth slowed in the third quarter. German trade surplus and retail sales declined in November. Estonia annual inflation rose in Dec.
- Arthi Gupta
- 07 Jan, 2011
- New York City
The U.S. indexes traded sideways after non-farm payrolls rose less than estimated. U.S. Defense Secretary Robert Gates pledged defense budget cuts. AIG agreed to issue 75 million warrants as dividend. Hologic acquired Interlace Medical for $125 million.
- Arthi Gupta
- 06 Jan, 2011
- New York City
The UK indexes climbed after service sector contracted in December. The Bank of England estimated decline in mortgage demand in the first quarter. Rolls-Royce completed contract with British Airways worth $5 billion. British Land agreed to acquire Drake Circus for
- Arthi Gupta
- 06 Jan, 2011
- New York City
The European indexes gained after German factory orders surged in November. China expressed willingness to buy
- Arthi Gupta
- 06 Jan, 2011
- New York City
U.S. indexes dropped after weekly jobless claims rose 18,000 and retailers reported sharpest same store sales increase in several years. U.S. home prices are estimated to fall further in 2011. Limited Brands, Walgreen and Costco and Pier-1 Imports reported higher sales.
- Arthi Gupta
- 05 Jan, 2011
- New York City
The UK indexes slid after mining and banks stocks fell. Construction sector contracted in December. Retailers reeled under the impact of value-added tax. Irish home prices fell in the fourth quarter and services PMI dropped in December. HMV plunges on decline of sales.
- Arthi Gupta
- 05 Jan, 2011
- New York City
The European indexes climbed after euro-zone Services PMI and PPI rose. French service sector activity improved in December. Spanish industrial production grew and Hungarian PPI soared in November. Romanian central bank retained key rate at 6.25%.
- Arthi Gupta
- 05 Jan, 2011
- New York City
U.S. indexes gained after private sector employment rose more than anticipated in December. The U.S. Fed noted stimulus to continue until economy recovery and improvement in jobs situation. Qualcomm agreed to buy Atheros Communications that values the company at $3.1 billion.