- 123jump.com Staff
- 13 May, 2009
- New York City
Earnings outlook and global economic worries dominated trading in Tokyo. Nissan reported sales decline and net loss but estimated smaller loss in the current year. Olympus and Citizen Holdings increased after it estimated net income in the current year. Hitachi Ltd plunged 10%.
- 123jump.com Staff
- 13 May, 2009
- New York City
Stocks in quiet trading gyrated ahead of election results and a prospect of uncertain outcome. DLF raised 3,860 crore rupees after founders sold 10% shares to investors including Fidelity, HSBC and hedge fund manager D.E Shaw & Co.
- 123jump.com Staff
- 12 May, 2009
- New York City
U.S. existing home sales declined in the first quarter and median home prices fell 14%. Trade deficit in March rose on higher energy cost. Microsoft priced its first ever debt offering of $3.75 billion. Freddie Mac reported first quarter loss of $10 billion and sought $6.1 billion from the U.S.
- 123jump.com Staff
- 12 May, 2009
- New York City
European markets edged lower on a weakness in banks and industrials. Retailers in UK gained. Fraport AG and ThyssenKrupp dropped on weak earnings outlook. ArcelorMittal guided global steel sales to drop as much as 20%.
- 123jump.com Staff
- 12 May, 2009
- New York City
Stocks in Japan declined on the worries that global markets may have advanced too far. Weak outlook from Isuzu and Daiichi Sankyo also affected trading. Autos and financials declined. Hitachi reported higher than expected loss for the current year.
- 123jump.com Staff
- 12 May, 2009
- New York City
Two coal miners merge to form the third largest coal company with mines in some of the coal rich areas of the U.S. The deal will strengthen both companies in negotiating with utilities and steel companies. Foundation Coal surges after the Alpha pays 37% premium.
- Mayank Mehta
- 12 May, 2009
- New York City
General Motors Corporation led the decliners in the S&P 500 index of 17.3%. Air Transport Services Group Inc reports strong first quarter earnings. CDC Corporation turns to profit in first quarter. MBIA Inc posts first quarter profit after 5 straight losses.
- 123jump.com Staff
- 12 May, 2009
- New York City
The U.S. trade deficit in March edged up after weakening in February. Rising energy import prices and stubborn deficit with China, EU, OPEC, Japan and Mexico contributed to the persistent deficit.
- 123jump.com Staff
- 12 May, 2009
- New York City
U.S. market indexes traded volatile as more banks and companies complete offering of stocks and debts or sell assets. Crude oil price rebounded and traded near $60 a barrel. March trade deficit increased on a rise in imported energy prices and larger decline in exports than in imports.
- 123jump.com Staff
- 12 May, 2009
- New York City
Stocks surged on speculation that BJP led coalition is likely to lead in the parliament election. Investors are looking for a clear majority for one coalition to lead the nation and bring political stability. Banks, realty and capital goods stocks linked to infrastructure led gainers.
- 123jump.com Staff
- 11 May, 2009
- New York City
Stocks in Hong Kong and Shanghai dropped on a weakness in financials. China
- 123jump.com Staff
- 11 May, 2009
- New York City
U.S. stocks declined after investors pulled back from financial stocks. Five banks took advantage of recent market strengths and filed to raise capital. Microsoft is expected to price its first debt offering of as much as $3.7 billion. Markets in Europe declined on a weakness in energy and metals.
- 123jump.com Staff
- 11 May, 2009
- New York City
Stocks in UK declined after metal prices weakened and HSBC reported a rise in bad debt provisions. Lonmin plunged 10% after it offered a right issue and reported operating loss. Centrica agreed to pay
- 123jump.com Staff
- 11 May, 2009
- New York City
Economy in India expanded at 6.5% in the fiscal year ending in March of 2009. Stocks and rupee declined ahead of election results and weak sentiment in global markets. Hindustan Unilever dropped after it reported weak earnings rise. Industrial production in March is expected to fall.
- 123jump.com Staff
- 11 May, 2009
- New York City
Huntington Bancshares Incorporated led gainers in the S&P 500 index with a rise of 10.5%. Clear Channel Outdoor Holdings, Inc posts first quarter loss. Furmanite Corporation first quarter profit declines. The PMI Group, Inc posts first quarter loss but tops street forecast.