- Arthi Gupta
- 06 Dec, 2010
- New York City
The European indexes traded sideways after euro area investor confidence fell in December. German construction activity improved in November. Swiss foreign currency reserves rose in November. Hungary debt rating lowered. Russia based X5 Retail agreed to acquire Kopeyka for $1.64 billion.
- Mukesh Buch
- 06 Dec, 2010
- New York City
Stock in Mumbai rose. Japan based Honda Motor dissolves partnership in Hero Honda Motors to pursue on its own auto and motorcycle business in India. Jindal Steel & Power wins preliminary approval for $3 billion expansion project. State Bank of India plans to raise deposit rate as much as 1.5%.
- Arthi Gupta
- 06 Dec, 2010
- New York City
U.S. stocks and indexes were on the decline after comments from Fed Chairman were viewed negatively by the market observers. The dollar traded higher after European leaders haggled to increase the size of the bailout fund to
- 123jump.com Staff
- 06 Dec, 2010
- New York City
The brokerage services provider net quarterly revenues dipped 7.4% to $608.84 million. Net income fell 27% to $113.96 million in the quarter on reduced trading activity. Earnings fell to 20 cents per diluted share from 26 cents per share a year-ago quarter.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
Stocks in Mumbai failed to hold intra-day gains. India and France sign $9.3 billion deal for two nuclear power plants and look for ways to deepen military and energy collaboration. Gujarat Urja Vikas Nigam Ltd plans to build $1.8 billion solar power park in Patan region.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
China stocks fluctuated but closed higher whereas Hong Kong index edged lower. Central Bank advisor urged China to boost its gold reserves and diversify currency reserves. Grain output in China surges 2.9% till November from a year ago period.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
Stocks in Japan edged lower as resource stocks led the gainers. The weaker than expected U.S. jobs report dragged exporters lower. The government expects fiscal 2011 trade surplus of 9.77 trillion yen. Sale of imported cars climbs 34% in November.
- Chandrasekhar Atreya
- 06 Dec, 2010
- New York City
Sydney stocks traded sideways as the miners led the gainers and banks declined. Job ads in Australia rose for the seventh month in a row in November. Rio Tinto may offer $3.5 billion to Riversdale as two companies explore possibilities.
- 123jump.com Staff
- 04 Dec, 2010
- New York City
The lifestyle specialty retailer net sales increased 13% to $574 million in the quarter on comparable store sales rise of 1%. Net quarterly earnings rose 17% to $73.1 million. Earnings per share grew to 43 cents from 36 cents per share in the prior-year quarter.
- Bikram Pandey
- 03 Dec, 2010
- New York City
U.S. stocks and indexes struggled after employers added less than expected and unemployment rate increased. The dollar declined and oil and gold surged. European indexes pared gains and the Bundesbank offered positive outlook for the German economy.
- Arthi Gupta
- 03 Dec, 2010
- New York City
The UK indexes slid after services industry index slackened and foreign currency reserves fell in November. Premier Foods confirmed talks to sell its
- Arthi Gupta
- 03 Dec, 2010
- New York City
The European indexes pared gains as the euro-zone private sector activity and retail sale improved. The Bundesbank reiterated that German economic recovery is on track. German services PMI rose in November. French service sector growth accelerated in November.
- Arthi Gupta
- 03 Dec, 2010
- New York City
U.S. stocks declined in the early trading after employers added less than anticipated staff in November. Pending home sales soared in October. Walter Energy and Western Coal in C$3.3 billion merger deal. Sunoco agreed to sell Toledo Refinery for $400 million.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
The benchmark index Sensex declined after rising more than 3% in the last four sessions. Auto sales rose in November on the strength in small car sales. Maruti Suzuki unit sales surged 28% and Mahindra and Mahindra sales rose 18%.
- Chandrasekhar Atreya
- 03 Dec, 2010
- New York City
Shanghai stocks traded lower and closed nearly unchanged and lost 1% in the week. Gold imports in the first ten months soared five-fold. China plans a shift in monetary policy stance in 2011 to contain inflation. GM, the first global automaker, sold 2 million cars in a year in China.