- 123jump.com Staff
- 04 Dec, 2007
- New York City
U.S. stocks opened weak after weakness in banking, housing, and consumer spending related stocks afffected indexes. Dow, Nasdaq, and S&P 500 declined nearly 0.5% at the opening. Major European market declined 1% across the region on weak banks at mid-day. Lower operating margin guidance from Nokia and weak earnings guidance from Merck affected sentiment at the opening. Dell plans to buyback $10 billion of stocks.
- 123jump.com Staff
- 04 Dec, 2007
- New York City
Tokyo stocks edged lower after the weakness in the overnight trading in the U.S. Nikkei 225 index declined 0.95% or 148.8 to 15,480 and broader Topix Index 16.66 to 1,515.50. Shipping companies fell after the comments from Baltic Exchange chief executive. Mitsui Engineering fell 4%, Nippon Yusen declined 4%, Mitsui O.S.K. lost 6%.
- 123jump.com Staff
- 03 Dec, 2007
- New York City
Weak manufacturing report held stocks back in the afternoon trading. U.S. market averages declined fractionally at close. European markets closed lower as well. Merger activity heated up in Europe after Vivendi and Activision agreed to combine their electronic games businesss. Vimple Communication said that it is exploring a rival takever worth $4 billion.
- 123jump.com Staff
- 03 Dec, 2007
- New York City
ASX 200 index close nearly unchanged 6,533.50. Publishing and Broadcasting shareholders came out ahead as on the first day of trading after the company split into media and gaming companies. Growth in company profits unexpectedly fell to A$46.52 billion in the three months to September. Australia trade October rose to a record level since 1971.
- 123jump.com Staff
- 03 Dec, 2007
- New York City
Stocks in Japan fell on the first day of trading after corporate investment fell 1.2% in the third quarter. Nikkei 225 index closed down 0.3% or 51.7 to close at 15,628. November auto sales in Japan increased 3.9% to 296,854 units. Separately taxi fares in Tokyo and Kanagawa between 8% and 10% for the first time in ten years. European auto makers raised prices in Japan on stronger euro. Sky Perfect JSAT Group increased 6% and led the gainers in the Nikkei 225 index.
- 123jump.com Staff
- 22 Nov, 2001
- New York City
Australian stocks closed in the negative today after losses in banks and miners as metal and oil prices sank from records and as the market failed to shake off this weeks losing streak triggered by losses on Wall Street. ASX 200 index was down 0.8% to close at 6,334.30. The Commonwealth Bank announced today that it is ready to lift interest rates on variable home loans again. BHP Billiton told Chinese steelmakers that it will not use the takeover of Rio Tinto to control prices.
- 123jump.com Staff
- 30 Nov, 2007
- New York City
U.S. stocks edged higher after trading up and down during the session. Dow added 0.45%, S&P increases 0.8%, but Nasdaq declined 0.3%. U.S. and several banks are in negotiations to hold firm interest rates on variable rate mortgages next year. U.S. markets jumped after the commnets from the Fed chairman reassured investors that another interest rate cut may happen after the next meeting.
- 123jump.com Staff
- 30 Nov, 2007
- New York City
U.S. stocks scaled higher after the Fed chairman comments and reports on construction spending and personal income and spending. Motorola chief executive Ed Zander will leave the company and will be replaced by chief operating office Greg Brown. Morgan Stanley also removed Co-president Zoe Cruz after losses in mortgage and other loan securities of nearly $4 billion.
- 123jump.com Staff
- 30 Nov, 2007
- New York City
Australian stocks edged higher on resource and energy stocks. ASX 200 increased 1.4% or 88.60 to close at 6,533.10. Murchison Metals chairman indicated that the company is still interested in Midwest Corp and may revise the offer. Symbion Health added 2% after it said that earnings for the year are likely to rise 10%. Of the ASX 200 index stocks, Centro Properties led the decliners with a fall of 3.2%.
- 123jump.com Staff
- 30 Nov, 2007
- New York City
Stocks in Tokyo edged higher on the overnight strength in the U.S. market. Core consumer prices in November rose 0.3% from a year ago and from October on rising food and energy cost. Unemployment rate hovered around 4% in October as construction industry employment dropped sharply. Japan housing starts in otober dropped 35% from a year ago on revised building code.
- 123jump.com Staff
- 29 Nov, 2007
- New York City
U.S. stocks eked out a gain after a day of volatile trading. Market averages in the 2-day rally added 4% but rested today. Altrial led the gainers in Dow Jones Index with a rise of 2.6% followed by increases in AT&T and General Motors. Countrywide led the gainers in the S&P 500 index with a rise of 6.8% followed by increases in MGIC og 6%. Sears fell 11% in the index.
- 123jump.com Staff
- 22 Nov, 2007
- New York City
Sensex in Mumbai recovered from a sharp decline to close lower 0.4% to 18,526. The fourth decline in a row was led by losses in Larsen & Toubro of 4.1%, in Suzlon of 2.5%, and in Tata Power and NTPC of 5%. According a private research India led the world markets in the last four months of trading with a gain of 33% followed by gains in Qatar, UAE, Egypt, and Brazil.
- 123jump.com Staff
- 23 Nov, 2007
- New York City
BHP Billiton chief Marius Kloppers to meet China Iron and Steel Association officials in Beijing today. Qantas and Tiger Airways are sparring over the services to Alice Springs. Westpac severs ties with Virgin Money. Woodside Petroleum Ltd started A$12 billion ($11 billion) construction of Pluto liquefied natural gas project.
- 123jump.com Staff
- 26 Nov, 2007
- New York City
ASX 200 index added 2.2% to close at 6, 471.40. Rams Home Loans shareholders approve sale of franchise network to Westpac Banking Corporation for $140 million. Rio Tinto surges on speculation that a rival bid from China may emerge. Zinifex Ltd announces record profit of $1.3 billion and that it has more than A$2.2 billion to make acquisitions. Australian dollar gained in international trading.
- 123jump.com Staff
- 29 Nov, 2007
- New York City
U.S. stocks fell in the morning trading after a 2-day rally. The Department of Commerce revised third quarter GDP growth to 4.9% from 3.9%, fastest gain in four years. Oil jumped after one of the pipelines from Canada to the Midwest caught fire. Asian markets closed higher tracking the overnight rise in the U.S. stocks. European markets traded higher.