- 123jump.com Staff
- 16 Nov, 2009
- New York City
Sprint Nextel Corporation led gainers in the S&P 500 index with a rise of 10.3%. American Dairy, Inc swings to profit in third quarter and cuts fiscal year 2009 revenue view. Suntech Power surged on an analyst upgrade. Sprint soars 11% after it repaid $1 billion in debt.
- Mayank Mehta
- 16 Nov, 2009
- New York City
U.S. stocks traded higher after the release of October retail sale. The sales increased 1.4% from the revised September sales decrease of 2.3%. Lowe
- Mayank Mehta
- 13 Nov, 2009
- New York City
Australian stocks closed lower on Friday but up 2.5% for the week. Outdoor equipment retailer Kathmandu Holdings raised A$340 million. Gold miner St Barbara raised A$73 million.
- Mukesh Buch
- 13 Nov, 2009
- New York City
U.S. stocks closed higher and Treasury completed its $81 billion bond auction. U.S. trade deficit increased in September with the rise in crude oil imports. Gold traded near record high. Euro-zone expands.
- Mayank Mehta
- 13 Nov, 2009
- New York City
The euro zone economy expanded at 0.4% in the 16-nation region and at 0.2% in the wider 27-nation region. Economies in Germany expanded at 0.7%. Mondadori Editore nine months net profit falls 54%. Benetton Group third quarter net up on higher sales. Dexia swings to third quarter profit.
- 123jump.com Staff
- 13 Nov, 2009
- New York City
UK stocks traded sideways and commodities prices were volatile. Real estate companies closed higher after a private research reported a rise in commercial properties values in October. British Air signed a definitive merger agreement with Spain based Iberia. Tullett Prebon plunged 12%.
- 123jump.com Staff
- 13 Nov, 2009
- New York City
Liberty Media acquires Unitymedia for
- Mayank Mehta
- 13 Nov, 2009
- New York City
The Goodyear Tire & Rubber Company led gainers in the S&P 500 index with a rise of 6.7%. Abercrombie & Fitch Co declares quarterly dividend. Agilent Technologies, Inc fourth quarter earnings fall 89%. Nordstrom, Inc third quarter sales rise.
- 123jump.com Staff
- 13 Nov, 2009
- New York City
U.S. trade deficit in September as demand for auto parts picks up and crude oil prices rise. Monthly deficit surges to the high for the year to $36.5 billion. Walt Disney fourth quarter earnings increased 18%. Abercrombie & Fitch net drops 39%. European markets turn lower.
- Mayank Mehta
- 13 Nov, 2009
- New York City
Mumbai stocks gained after the finance ministry enlisted sixty companies for a stake sale. Ranbaxy strengthens after the World Health Organization approves its AIDS drug. Usha Martin plans to raise Rs 500 crore. TCS plan to build a software service center in Michigan for Dow Chemical.
- Mayank Mehta
- 12 Nov, 2009
- New York City
European markets closed lower on weak commodities. Potash maker K+S AG increased on better than expected earnings. Salzgitter AG declined on a loss for nine month period. Stada Arzneimittel AG quarterly net surged and reconfirmed the annual earnings outlook.
- Mayank Mehta
- 12 Nov, 2009
- New York City
UK stocks closed higher. British Airways is in merger talks with Iberian, Spain based airliners. Iberian shareholders will control 45% of the merged airline and 54% holding will be controlled by BA shareholders. Trinity Mirror climbed on the outlook.
- Mukesh Buch
- 12 Nov, 2009
- New York City
Market indexes in New York and Americas declined on weak commodities and energy prices. 3Com surged 31% on a buyout offer from Hewlett Packard. Dow Chemical advanced after it estimated higher than expected earnings.
- Mayank Mehta
- 12 Nov, 2009
- New York City
Advanced Micro Devices, Inc led gainers in the S&P 500 index with a rise of 21.8% followed by gains in Dow Chemical 7.1%, in JDS Uniphase of 7.1%, in MetroPCS Communications, Inc of 2.4% and in Nasdaq OMX Group of 2.4%.