- Mukesh Buch
- 08 Dec, 2010
- New York City
Stocks in Mumbai trading declined and local oil refiners plan to raise retail price of gasoline. Karuturi agreed to buy 54% stake in Mumbai-based floral chain Florista. Ruchi Soya tumbled 27%on the prospect insider trading investigation. Wipro won telecom line operation contract from Vodafone Essar.
- Bikram Pandey
- 07 Dec, 2010
- New York City
U.S. stocks rally fizzled and U.S. lawmakers and President Obama agree on a tax cut plan. Gold falls from the record high and oil edges lower. European finance minister agree to not increase the current bailout fund size. German factor orders surge and home prices in Shanghai stay near recent peak.
- Mukesh Buch
- 07 Dec, 2010
- New York City
AutoZone, first quarter net sales grew 13% to $1.79 billion. BMO Financial fourth quarter net climbed 14.2% on rising of consumer lending. The Pep Boys third quarter revenues increased 5%. The Toro fourth quarter net sales increased 17%.
- Arthi Gupta
- 07 Dec, 2010
- New York City
The UK indexes rose after manufacturing output expanded in October. Rolls-Royce secured order worth over
- 123jump.com Staff
- 07 Dec, 2010
- New York City
The specialty footwear retailer net quarterly sales improved 10% to $489.3 million. Net income in the quarter surged 33% to $35.5 million, primarily reflecting sales growth. Earnings grew to 79 cents per share as against 60 cents per share last year.
- Arthi Gupta
- 07 Dec, 2010
- New York City
The European indexes soared after President Obama announced extension of tax cuts and German factory orders surged in October. Swiss jobless rate rose in November. Czech retail sales declined in October. Iceland economy expanded in the third quarter.
- Arthi Gupta
- 07 Dec, 2010
- New York City
U.S. stocks gained after President Obama announced extension of tax cuts and Treasury sold its remaining stake in Citigroup. GE formed a venture with China-based railroad company CSR Corp. Aetna agreed to buy Medicity for $500 million. AGL acquired Nicor in $2.4 billion cash and stock.
- Mukesh Buch
- 07 Dec, 2010
- New York City
Stock in Mumbai fell. Hindustan Construction signed two agreements with France based Vinci Construction. Kingfisher Airlines said BPCL file petition to claim jet fuel dues worth $45 million. Maruti Suzuki plans to hike prices from January 1.
- Chandrasekhar Atreya
- 07 Dec, 2010
- New York City
Stocks in Mumbai in a choppy trading closed lower. French Prime Minister Sarkozy
- Chandrasekhar Atreya
- 07 Dec, 2010
- New York City
Stocks in Shanghai and Hong Kong closed higher as new home price index in Shanghai stayed above average for the third week in a row. Dalian Port surged 39% on first day of trading in Shanghai.
- Chandrasekhar Atreya
- 07 Dec, 2010
- New York City
Tokyo stocks lost as the yen rose to a three-week high. Otsuka Holdings, the largest healthcare offering since 2006 priced near the bottom of its filing price range. Foreign Exchange reserves declined for the first time in six months to $1.101 trillion.
- Chandrasekhar Atreya
- 07 Dec, 2010
- New York City
Australia left its key lending rate on hold and the Reserve Bank of Australia highlighted low inflation expectations for next several quarters. Stocks rise. Heavy rains damage wheat crops and halt to some of QR National
- Bikram Pandey
- 06 Dec, 2010
- New York City
U.S. stocks traded sideways as investors digested Fed Chairman Bernanke comments. Gold closed at a new high. U.S. Supreme Court agreed to review gender bias class-action lawsuit appeal against Wal-Mart Stores Inc. France found Continental Airlines guilty for its role in 2000 air crash.
- Mukesh Buch
- 06 Dec, 2010
- New York City
Dollar General third quarter net sales grew 10% to $3.22 billion. 3M to acquire Winterthur Technologies AG. Kraft Foods is seek preliminary injunction in the U.S. District Court against Starbucks. MetLife estimated fourth quarter net income to be between $170 million and $570 million.
- Arthi Gupta
- 06 Dec, 2010
- New York City
The UK indexes gained after manufacturing sector forecasted to grow in 2011. Rio Tinto confirmed plans to buy Riversdale for A$15 per share. Rolls-Royce won $110 million in new contracts for energy projects. De La Rue confirmed the receipt of a preliminary bid.