- Mayank Mehta
- 18 Sep, 2009
- New York City
European government issued dollar denominated bonds as dollar weakens. The weekly issuance surged this week to $21.7 billion. German producer prices in August increased 0.5% on the rise in energy costs. Total SA workers threaten strike ahead of refinery capacity closure in France.
- 123jump.com Staff
- 18 Sep, 2009
- New York City
The pound fell and is likely to trade weak as UK struggles with rising cost of bank bailout and falling tax receipts. UK government debt surged to 57.5% of GDP and is likely to surpass 60% by the end of fiscal 2010.
- Mayank Mehta
- 18 Sep, 2009
- New York City
The pound fell early 0.5% after the UK government reported record August deficit. Lloyds is looking to exit government insurance program. Ashmore increased after net annual earnings decreased 18.3%. British Land Company sold 50% stake in Broadgate office complex to Blackstone.
- Mayank Mehta
- 18 Sep, 2009
- New York City
Huntington Bancshares dropped more than 10% after it completed secondary offering. Agriculture machinery makers declined. Canada based InterOil surged after it discovered natural gas field at lower than previously estimated depth in Papua New Guinea.
- Mayank Mehta
- 18 Sep, 2009
- New York City
Stocks in India edged higher but barely. Infrastructure companies lead the gainers as more power plant orders are awarded. Raymond Limited, the textile conglomerate plans to develop housing complex in north Mumbai.
- 123jump.com Staff
- 17 Sep, 2009
- New York City
Steelmakers in Japan surged after JFE Holdings was reported to start a second steel mill next month. Banks fell for the fifth day in a row on the worries that the government demand loan moratorium for small businesses. Japan left its key lending rate at 0.1% and direct loan program intact.
- 123jump.com Staff
- 17 Sep, 2009
- New York City
Stocks in India traded near their recent highs as infrastructure and banks edged higher. Reliance sold 1% stake in the company to raise $670 million. Bharti-MTN merger talks face dual listing structure. The latest read on wholesale inflation showed an increase of 0.12%.
- Mayank Mehta
- 17 Sep, 2009
- New York City
Australian stocks traded higher as investors bid up global stocks and commodities gain around the world. Australian dollar edged to another yearly high against the U.S. dollar. Banks and retailers gained as the imminent prospect of interest rate hike look dim.
- 123jump.com Staff
- 17 Sep, 2009
- New York City
U.S. stocks edged lower after the release of housing construction data and weekly jobless claims. Home builders advanced. Natural gas plunged 8% as rising inventories and the recent price run up kept investors on the sidelines.
- 123jump.com Staff
- 17 Sep, 2009
- New York City
European markets edged higher as investors show willingness to acquire more stocks. Airbus is likely to cut production for the next two years. Trade surplus at EU-16 nations increased to
- 123jump.com Staff
- 17 Sep, 2009
- New York City
UK stocks closed at a new high after gaining for the fifth day in a row. Retail sales were flat in August after rising for two months in a row. Balfour Beatty plans to raise
- 123jump.com Staff
- 17 Sep, 2009
- New York City
AMR Corp surged after it arranged $2.9 billion in financing. Ivanhoe Energy soared after it discovered energy field in Ecuador. Oracle declined after quarterly sales increased less than expected. Spirit AeroSystems Holdings and ArcelorMittal were in focus on ratings revisions.
- 123jump.com Staff
- 17 Sep, 2009
- New York City
AMR Corp, the parent of American Airlines surges after it arranges $2.9 billion in financing. This liquidity is in addition to the $1.3 billion capital raised earlier in the year. American Air will also upgrade American Eagle flight cabins and increase daily flights and capacity at its four hubs.
- 123jump.com Staff
- 17 Sep, 2009
- New York City
Home builders edged higher after the release of home construction data. Weekly jobless claims declined 12,000 to 545,000 at the end of last week. AMR Corp raised $1 billion through credit card sale and $1.9 billion in plane lease financing.
- 123jump.com Staff
- 16 Sep, 2009
- New York City
European markets closed lower as banks and financials faced headwinds. Miners and commodities linked stocks gained in Germany and in UK. German retailers report weak sales in the seven months to July. Adidas and Puma gained. Areva increased after it completed 7-year bond offering.