- Chandrasekhar Atreya
- 29 Jul, 2010
- New York City
Stocks in China rallied led by cement and steelmakers after the central bank said it will keep a loose monetary policy. ICBC is planning a rights issue. China ranks first in emerging countries for investment. Industrial accidents are on the rise in China.
- Chandrasekhar Atreya
- 29 Jul, 2010
- New York City
Stocks in Japan lost on weak durable goods orders from the U.S. Retail sales growth gained in June led by demand for cars and clothes. Rising transport need boosts shipping companies. Toshiba posts better-than-expected profit.
- Chandrasekhar Atreya
- 29 Jul, 2010
- New York City
Stocks in Australia fell after Fed
- 123jump.com Staff
- 28 Jul, 2010
- New York City
U.S. stocks struggled after durable goods orders fell, another indication of slowing economic recovery despite healthy gains in corporate earnings. Boeing reported a decline in sales but health insurer Aetna lifted the annual outlook.
- Arthi Gupta
- 28 Jul, 2010
- New York City
The UK indexes decline after disappointing earnings results. The BoE Governor Mervyn King said normalization of bank rates will take time. Home prices in England and Wales rise in June. Apollo Global raises offer to acquire Brit Insurance to
- Mayank Mehta
- 28 Jul, 2010
- New York City
Sanmina-SCI Corporation led the decliners in the S&P 500 index with a loss of 16.9%. Aetna posts profit rise and lifts outlook. Aflac quarterly profit jumps 85%. Dominion net income more than triples.
- Arthi Gupta
- 28 Jul, 2010
- New York City
The European markets pare early gains after weak durable goods orders in the U.S. Euro-zone banks tighten credit standards. Moody
- Chandrasekhar Atreya
- 28 Jul, 2010
- New York City
Stocks in Australia gained after consumer price index increased slower than expected. BlueScope Steel and Japan
- Chandrasekhar Atreya
- 28 Jul, 2010
- New York City
The benchmark index in Japan surged 2.7% on strong earnings both at home and abroad. Nippon Steel returns to profit in first quarter. Nissan Motor is planning to boost vehicle output in the U.S.
- Chandrasekhar Atreya
- 28 Jul, 2010
- New York City
Stocks in China rallied on better than expected earning of industrial enterprises in 24 regions across the nation. Investment in equities rises in the second quarter by 32%. Swire Pacific abandons plan to acquire Haeco. Chalco suspended trading of shares till July 30.
- Arthi Gupta
- 28 Jul, 2010
- New York City
U.S. stocks trade lower amidst worries of a slowdown in global economic recovery. U.S. durable goods orders fall in June and mortgage demand slackens. Praxair and WellPoint report better-than-estimated second quarter earnings but Boeing sales and net declines.
- Chandrasekhar Atreya
- 28 Jul, 2010
- New York City
Stocks in Mumbai traded lower in the session. Reliance Industries closed unchanged after net surged 32% and face a stagnant natural gas production. Aban Offshore soared 7% after it received $235 million insurance settlement.
- 123jump.com Staff
- 28 Jul, 2010
- New York City
The semiconductor chip maker quarterly revenue rose 34.3% to $10.77 billion from $8.02 billion a year ago. Net income in the quarter was $2.89 billion or 51 cents per diluted share compared to a net loss of $398.0 million or 7 cents per share a year ago.
- 123jump.com Staff
- 28 Jul, 2010
- New York City
The financial services provider quarterly revenue fell 2% to $25.1 billion from $25.6 billion a year ago. Net income in the quarter rose 77.8% to $4.8 billion or $1.09 per diluted share compared to net income of $2.7 billion or 28 cents per share a year ago.
- 123jump.com Staff
- 27 Jul, 2010
- New York City
U.S. stocks struggled to advance after consumer confidence declined. Treasury auction drew higher than expected interest, however short and long term yields rose. BP Plc estimated $32 billion in costs related to the Gulf of Mexico oil spill and announced $30 billion in asset sale.