- Chandrasekhar Atreya
- 26 Jul, 2010
- New York City
Stocks in Japan rallied strongly on positive earnings outlook. Japan
- Chandrasekhar Atreya
- 26 Jul, 2010
- New York City
Stocks in Australia started on a bright note and sustained the gains buoyed by optimism in U.S. and Europe. PPI rises less than expected due to falling cost of vehicles and meat. Pre-Election Economic & Fiscal Outlook released. NAB sells 100 billion yen of five-year Samurai bonds.
- 123jump.com Staff
- 23 Jul, 2010
- New York City
U.S. stocks traded higher and on positive earnings and optimism for the second half. McDonald
- Arthi Gupta
- 23 Jul, 2010
- New York City
The UK indexes decline ahead of the European bank stress test. The UK GDP expands 1.1% in the second quarter, mortgage approvals drop in June, and service output sector rises in May. Irish trade surplus expanded in May. BP stalls relief well activities at well site due to adverse weather conditions.
- Chandrasekhar Atreya
- 23 Jul, 2010
- New York City
Stocks in Mumbai traded higher. RBI allows refinancing of the rupee loans. Finance Minister says the successful implementation of GST will boost India
- Mayank Mehta
- 23 Jul, 2010
- New York City
AmeriCredit Corp. led gainers in the S&P 500 index with a rise of 2.6%. Microsoft tops views with 48% profit gain. American Express quarterly net income touches $1 billion. Amazon earnings jump 46% in second quarter. Capital One swings to quarterly net income $608 million.
- Arthi Gupta
- 23 Jul, 2010
- New York City
The European markets continued their fourth-day rally. Investors are awaiting the bank stress tests results to be released by European Union regulators later today. Moody
- Arthi Gupta
- 23 Jul, 2010
- New York City
U.S. stocks trade higher after positive earnings momentum and global economic data. The House of Representatives approved the extension of the unemployment benefits. BP suspends relief well drilling operations as Tropical Storm Bonnie nears the Gulf of Mexico.
- Chandrasekhar Atreya
- 23 Jul, 2010
- New York City
Stocks in China rallied and gained 6% for the week. PBOC wants to peg yuan to a basket of currencies. China Everbright Bank is planning a large IPO in Shanghai. China makes a three year currency swap agreement with Singapore. Real Estate online firm SouFun is planning a large U.S float.
- Chandrasekhar Atreya
- 23 Jul, 2010
- New York City
Nikkei gained after six days of weakness on better than expected U.S. earnings. Sumitomo
- Chandrasekhar Atreya
- 23 Jul, 2010
- New York City
Stocks in Australia gained after world markets surged and U.S. and European indexes gained at least 2%. NAB finds a buyer for North platform of Axa Asia Pacific. NSW plans to sell its waste water management unit. Cougar Energy lays off workers. Sandfire sells stake to Korea
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 22 Jul, 2010
- New York City
U.S. indexes surged after Caterpillar, eBay, United Parcel Services Inc and AT&T reported better than expected earnings. Earnings in Europe also were ahead of expectations. Crude oil and gold led the rally in commodities markets. Market indexes in Europe, Latin America and U.S. soared more than 2%.
- Chandrasekhar Atreya
- 22 Jul, 2010
- New York City
Stocks in Australia traded lower on the weakness in banks and cautious outlook on the economy. Business confidence in Australia plunges in June quarter. Dart Energy starts trading in Sydney. Billabong seeks $800 million syndicated banking facility.
- Chandrasekhar Atreya
- 22 Jul, 2010
- New York City
Stocks in Japan fell for the fifth day in a row hurt by a stronger yen. Policy makers express concern about the recent rise in yen. Elpida Memory and Spansion Inc renew a five year agreement. Finnowave Investments aims to quadruple assets in its hedge fund.
- Chandrasekhar Atreya
- 22 Jul, 2010
- New York City
Stocks in China rallied for the fourth day. Baidu estimated third quarter revenue to surge 77%. Motorola sues rival Huawei for stealing trade secrets. Dalian oil spill extends leading to closing of beaches on Yellow Sea. Corning plans to invest $800 million in a factory in Beijing.