- 123jump.com Staff
- 03 Jul, 2009
- New York City
Stocks in Japan edged lower after the 26-year high U.S. unemployment and 10-year record in Europe. Retailers fell after Seven & I and others reported lower earnings. Mitsui OSK and Nippon Yusen fell on a decline in freight rate index.
- 123jump.com Staff
- 03 Jul, 2009
- New York City
European markets were nearly unchanged. European retail sales index decreased 0.4% in May. Volkswagen June sales increased 6% and estimated world automobile sales to fall 16% to 46 million. Lower house of German parliament passed a bill to separate toxic debt from the state controlled banks.
- Trupti Mehta
- 03 Jul, 2009
- New York City
British Air for the second year in a row cut its summer capacity and cuts capital spending by 20%. Service sector showed increased activities in June but at a slower pace in May. UK home owners increaed equity by
- Mukesh Buch
- 03 Jul, 2009
- New York City
Indian Railways left its freight and passenger fares unchanged and proposed to add more wagons and build a coach manufacturing facility. Stocks gained on the hopes that the national budget will allocate more capital to power, infrastructure and telecom sector.
- 123jump.com Staff
- 02 Jul, 2009
- New York City
World markets declined after the U.S. unemployment report on the fear that the U.S. may be in a prolonged recession. Copper, gold and crude oil prices fell. Markets in Europe dropped between 2% and 3% and Mexico fell 1.0%. Brazil and Canada lost 1%. The ECB left key lending rates unchanged.
- 123jump.com Staff
- 02 Jul, 2009
- New York City
European market indexes closed sharply lower after the U.S. unemployment rate increased to 9.5%. Elan surged 20% after Johnson & Johnson acquired a stake in the company. Daimler, Volkswagen, PSA Peugeot and Renault declined after Credit Suisse lowered its outlook on the sector.
- Mukesh Buch
- 09 Jul, 2009
- New York City
World leaders vowed to maintain the currency parity and avoid the devaluation to grow at the expense of other nations. The G-8 and G-5 leaders agreed to conclude trade talks as early as 2010. China vehicle sales surged nearly 50% in June as government eased lending.
- Sarla Buch
- 09 Jul, 2009
- New York City
The Bank of England left its key lending rate unchanged at 0.5% and its plan to purchase assets at
- 123jump.com Staff
- 02 Jul, 2009
- New York City
UK and European market indexes closed sharply lower after the U.S. unemployment rate increased to 9.5%. Mining and financial sector stocks fell. London Stock Exchange fell 5% after it lowered fees. Elan surged 20% after Johnson & Johnson acquired a stake in the company. WPP Group dropped 7%.
- Mukesh Buch
- 02 Jul, 2009
- New York City
Stocks in India traded sideways after the release of the Economic Survey from the Finance Ministry. The survey focused on the need for infrastructure spending, controlling the budget deficit and simplifying the taxes. Separately, the government increased retail prices of petrol and diesel.
- 123jump.com Staff
- 02 Jul, 2009
- New York City
Red Hat first quarter rose 11% to $174 million with subscription revenue going up by 14%. Net income rose marginally to $18.5 million. Earnings per share were 15 cents as against 12 cents a year ago.
- 123jump.com Staff
- 30 Jun, 2009
- New York City
TIBCO second quarter net revenue declined 4.8% to $142.7 million while net income surged 188% to $10.1 million due to lower operating expenses. Earnings per share were 6 cents per share as against 2 cents a year ago.
- Mukesh Buch
- 01 Jul, 2009
- New York City
Home sales indication and slower contraction in manufacturing lifted trading sentiment. Construction activity in May declined 11.7% from a year ago. Crude oil inventories declined but are still at the upper end of the average at the end of last week. AIG plunges 22% after it lost 13% yesterday.
- Sarla Buch
- 01 Jul, 2009
- New York City
European indexes closed higher after China reported manufacturing expansion. Retailers gained after the release of German retail sales data. Sodexo increased 3.7% after third quarter sales increased 11%. Auto registration in Italy increased 12% in June on government incentives.
- Trupti Mehta
- 01 Jul, 2009
- New York City
Miners lead the gainers after metal prices rise. Copper, zinc and tin closed higher after China reported manufacturing expansion. Marks & Spencer increased after it reported smaller declines in same store sales. National Express chief resigns and hands over the eastern railroad franchise.