- Mayank Mehta
- 14 Oct, 2009
- New York City
Industrials and infrastructure related stocks advanced in India after positive comments from policymakers and better than expected earnings. HDFC, HDFC Bank, Bajaj Auto Finance and Indus Bank reported higher than expected earnings. Rupee edged higher ahead of Diwali celebration.
- 123jump.com Staff
- 14 Oct, 2009
- New York City
Stocks in early trading in New York increased after the earnings release from Intel, JP Morgan Chase and CSX. China reported smallest decline in exports in September lifting commodities and crude oil prices higher.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
McGraw Hill agreed to sell weekly newsmagazine Business Week and the namesake Web site to Bloomberg LP. The first acquisition of financial newswire company is likely to expand its reach into management and business executives.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
Stocks lost early momentum after banks and financials declined. Gold reached record high and crude oil edged up. Healthcare stocks declined after the U.S. Senate passed $829 billion plan to overhaul healthcare system.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
Siemens USA, a subsidiary of German engineering company reported sale of
- 123jump.com Staff
- 13 Oct, 2009
- New York City
The index of German confidence declined in September as unemployment stays above expectations and export sales are still struggling. Alstom is in $809 million talks to for tram services in Dubai. The wind turbine division of Siemens in the U.S. won
- 123jump.com Staff
- 13 Oct, 2009
- New York City
Marks & Spencer struggled to convince investors as it outlined its growth plan for the next ten years. The company plans to transform to multi-channel retailer and experience faster growth at international locations.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
UK stocks closed lower after the inflation data showed weak consumer demand. September price index fell at a faster pace than in the previous twelve months ending in August. ITV completed its offering of 135 million. Booker plc first half net increased 12.3%.
- Mayank Mehta
- 13 Oct, 2009
- New York City
The drybulk carrier DryShips advances after it signs loan term waivers with two banks totaling $183 million. CIT Group is teetering towards bankruptcy filing. AIG sells its Taiwan life insurance division. DryShips surges on bank loans covenant renegotiations.
- 123jump.com Staff
- 13 Oct, 2009
- New York City
Cisco Systems agreed to acquire mobile data communication infrastructure provider Starent Networks Corp. Cisco agreed to pay 20.6% to premium to yesterday
- 123jump.com Staff
- 13 Oct, 2009
- New York City
In early trading in New York stocks are expected to open higher but may face headwind as commodities prices stay firm. Gold reached a new intra-day high and silver, platinum and palladium advance. Crude oil edged up.
- 123jump.com Staff
- 12 Oct, 2009
- New York City
India received lukewarm response to its latest round oil exploration block auction as world financial crisis limit access to funding. Of the 70 blocks offered, 36 blocks received 76 bids. In the previous seven rounds of auction India attracted $10 billion in exploration investment.
- 123jump.com Staff
- 12 Oct, 2009
- New York City
Stocks in Australia are expected to trade lower in the early trading. Gold, copper and oil edged higher as expectations for global economic recovery remain high. BHP Billiton offered to explore three offshore oil fields in India. Packer increases his stake in Crown Limited.
- Mukesh Buch
- 12 Oct, 2009
- New York City
Markets in New York and Europe traded higher ahead of barrage of earnings this week and weak trading on Columbus Day. Black & Decker surged after it lifted its third quarter earnings outlook. Markets in Canada, Brazil and Japan were closed today.
- Mayank Mehta
- 12 Oct, 2009
- New York City
European markets closed higher as a rally in the region lifted tech and banking stocks. Philips NV reported better than expected earnings. Vivendi SA sued two French shareholders and an association for participating in a class action lawsuit in New York. Dollar trades weak against euro.