- Arthi Gupta
- 26 Oct, 2010
- New York City
U.S. stocks fell after rising to a 6-month high yesterday ahead of key home prices and consumer confidence data. Warren Buffett appoints investment manager to run a significant portion of investment portfolio of Berkshire Hathaway Inc. Texas Instruments earnings soared 60% and Ford net surged 70%.
- Mukesh Buch
- 26 Oct, 2010
- New York City
Stocks in Mumbai trading declined tracking losses in Asian markets. Birla Corporation Limited declined after quarterly net plunged 54%. Dena Bank surged after second quarter net soared 29%. Idea Cellular Limited net declined 18%. Procter & Gamble declined after quarterly net fell 39%.
- Chandrasekhar Atreya
- 26 Oct, 2010
- New York City
Stocks in Mumbai dropped in a choppy session tracking losses in Asia. Coal India IPO price was set at Rs 245 a share, at the upper end of its filing range and raise $3.5 billion for India. Gujarat government plans the world
- Chandrasekhar Atreya
- 26 Oct, 2010
- New York City
Stocks in China region dropped after China raised fuel prices at midnight by 3%. Average new home price in Shanghai stays above 20,000 yuan per square meter for the fifth week in a row, as unit sales decline.
- Chandrasekhar Atreya
- 26 Oct, 2010
- New York City
Tokyo stocks closed lower as the yen hovered near recent highs and the dollar resumed its slide. Stocks of utilities gained but brokers and financials edged lower. Japan approves 4.42 trillion yen of supplementary budget allocation. India and Japan agree to cut tariff on most items.
- Chandrasekhar Atreya
- 26 Oct, 2010
- New York City
Stocks in Sydney closed lower as financials and banks declined. The Greens intend to block the takeover of the ASX Ltd citing human rights record of Singapore. Competition commision approved the $1.8 billion takeover offer of CSR Sugr by Singapore based Wilmar International.
- Devan Biswas
- 25 Oct, 2010
- New York City
U.S. and world stocks traded higher and the dollar retained the negative bias after the conclusion of G-20 meeting. Currency traders are expecting the dollar to continue its slide. The U.S. Treasury sold inflation protected securities for the first time at a negative yield of 0.55%.
- Bikram Pandey
- 25 Oct, 2010
- New York City
Sykes Enterprises Inc surged after it reported higher than expected earnings. Value Line Inc soared 18% after it declared a special dividend. Sohu.com Inc advanced more than 10% after quarterly net exceeded expectations. CommScope Inc soared more than 30% on the company plans to go private.
- Arthi Gupta
- 25 Oct, 2010
- New York City
The UK indexes gained after G20 finance chiefs vowed to reduce global fiscal imbalances. The BoE noted Asset Purchase Facility usage declined in the third quarter. The UK mortgage approvals fell in September.
- 123jump.com Staff
- 25 Oct, 2010
- New York City
The railroad operator quarterly revenue rose 16% to nearly $2.7 billion on a 10% overall increase in volume. Net earnings in the quarter surged 43% to $414 million reflecting strong volume as well as revenue growth. Earnings per share grew to $1.08 from 73 cents per share in the prior-year quarter.
- Arthi Gupta
- 25 Oct, 2010
- New York City
The European indexes advanced after finance ministers of the G-20 nations agreed to ease currency tensions. Euro-zone industrial orders surged in August. French economy losses estimated up to
- Arthi Gupta
- 25 Oct, 2010
- New York City
U.S. stocks traded higher after the G20 finance chiefs pledged to avert currency wars. Singapore Exchange agreed to acquire the operator of Australian Stocks Exchange for A$8.4 billion. CommScope confirmed talks with the Carlyle Group. BP agreed to sell interests in four Gulf of Mexico fields.
- Chandrasekhar Atreya
- 25 Oct, 2010
- New York City
Mumbai stocks continued the advance on earnings outlook. Growth in imports exceeded the exports and lifted the trade deficit in the first half to $63 billion. Prime Minister Manmohan Singh in a two-day visit to Japan plan to discuss investment in infrastructure and nuclear power projects.
- Mukesh Buch
- 25 Oct, 2010
- New York City
Stocks in Mumbai traded higher tracking gains in Asian markets. Bajaj Auto Ltd rose after the company was added to the benchmark index Sensex 30 index. D B Corp second quarter net gained 25.1%. Finolex Cables Ltd declined after quarterly net plunged 34%.
- Chandrasekhar Atreya
- 25 Oct, 2010
- New York City
Stocks in China soared to a six month high on earning and profit outlook as well as commodity prices. Hong Kong stocks push the benchmark higher despite SGX offer to acquire ASX. AIA, the Asian insurance arm of AIG completed the public offering to raise $17.9 billion in Hong Kong.