- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 08 Jun, 2010
- New York City
India Commodity Exchanger Ltd, founded by MMTC Ltd and Indiabulls Financial Services Ltd, is planning to start iron-ore futures. The country
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 08 Jun, 2010
- New York City
Prime Minister Kevin Rudd may rue his proposal to collect more tax from mining companies, after it has become a winning strategy for the opposition in the upcoming elections to be held within 10 months.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 08 Jun, 2010
- New York City
Japanese stocks rose after three days of decline as the dollar and euro strengthened against the yen.
- 123jump.com Staff
- 08 Jun, 2010
- New York City
Revenues rose 5.3% to $188.3 million and net income rose 10.3% to $32.2 million or $1.38 a share. Cost of sales in the first quarter were 67.3% of revenues versus 74.6% in last year''s first quarter and 74.6% also for all of 2009. First quarter EBIT represents operating margins of 27.3%.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 07 Jun, 2010
- New York City
U.S. indexes declined for the second day on the weakness in financials and tech stocks. Tech heavy Nasdaq dropped 2% and led the decline in the popular indexes after Apple Inc and Google Inc fell more than 2%. Resource stocks fell after base metals declined.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 07 Jun, 2010
- New York City
UK markets closed lower as Prime Minister Cameron urged the nation and the government to trim its deficit. Manufacturing output grows in the second quarter. BP said it made progress in capturing as much as half the leaking oil in the Gulf of Mexico well.
- Mayank Mehta
- 07 Jun, 2010
- New York City
Bristol-Myers Squibb Company led gainers in the S&P 500 index with a rise of 6.6%. Grifols agrees to acquire Talecris Biotherapeutics for creating plasma protein therapies. Vivus announces positive results from phase-3 study related erectile dysfunction in diabetic patients.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 07 Jun, 2010
- New York City
European markets edged lower as Hungary issued contradictory statements. German factory orders increase 2.8% in April and the euro-zone investor confidence improves in June. Spain-based Grifols SA agrees to buy U.S.-based Talecris for $3.4 billion in cash and stocks.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 07 Jun, 2010
- New York City
Stocks in Mumbai trading dropped 2% in a volatile trading after markets in Asia closed lower on a weaker than expected U.S. jobs report. Private sector added virtually no new net jobs in the previous month.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 07 Jun, 2010
- New York City
Stocks in Australia plunged nearly 3% and markets in Asia dropped at least 2% after the U.S. reported no jobs growth in the private sector. In addition, China further tightened rules for second home purchase lending, dragging commodities prices lower.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 07 Jun, 2010
- New York City
The Nikkei 225 Stock Average had its biggest one-day decline of 3.7% since March 2009 in the morning session. The index fell further to 3.84% at close to 9,520.80, led by commodities and reports of less than estimated job growth in the U.S.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 07 Jun, 2010
- New York City
Stocks in China fell on a weakness in property developers as China tightens mortgage lending rules. Global worries also contributed to the weak sentiment after U.S. reported weaker than expected jobs data and rising worries in the euro-zone.
- Arthi Gupta
- 07 Jun, 2010
- New York City
Grifols and Talecris Biotherapeutics Holdings Corp. announced the signing of an agreement through which Grifols would purchase Talecris for a combination of cash and stocks for $3.4 billion or
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 07 Jun, 2010
- New York City
U.S. stocks rose after German factory orders increased in April. European markets cautiously traded higher as investors worry about Hungary''''s fiscal health. Spain-based Grifols agrees to acquire U.S.-based Talecris for $3.4 billion in cash.
- 123jump.com Staff
- 07 Jun, 2010
- New York City
Sales rose 57% to $1.55 billion and net income rose 5,728% to $816 million or 52 cents a share. . Quarter one gross margin was 47%, up from 42% in Q4 and 27% a year-ago. Effective tax rate was 2% in Q1 versus our expectation of 10%.