- 123jump.com Staff
- 15 May, 2009
- New York City
The Hartford Financial Services Group led gainers in the S&P 500 index with a rise of 11.5%. Agilent Technologies swings to a fiscal second quarter loss. Blockbuster Inc plunges as quarterly sales miss analysts estimates. J. C. Penney Company first quarter profit falls.
- 123jump.com Staff
- 15 May, 2009
- New York City
Net foreign purchases of long term securities surged to $56 billion with Japan as the largest buyer. Industrial output declined 0.5% in April and consumer price index was flat.
- 123jump.com Staff
- 15 May, 2009
- New York City
Six insurers surge after they were approved for emergency funding by the Treasury. Hartford Financial led the surge among six insurers followed by early gains in Prudential, Principal, Ameriprise, All State and Lincoln National.
- 123jump.com Staff
- 15 May, 2009
- New York City
Stocks in Tokyo edged up and for the week closed higher. Latest machinery orders indicated a sharp surge in overseas orders but the government forecasted weak sales in the current quarter. Sanyo Electric, Sony and Acom gained after the earnings release.
- 123jump.com Staff
- 15 May, 2009
- New York City
Stocks in Mumbai gained. Consumer price index declined in March but above 8% on higher food prices. Congress party suggested that it can form the next government without the help of Communist party. Banks surged on the comments from the RBI governor.
- 123jump.com Staff
- 14 May, 2009
- New York City
Markets in Germany and France closed nearly flat. Richemont surged 6% after it reported better than expected earnings. Aegon NV soared 6.4% after it reported lower than expected net loss. SAB Miller and offered cautious outlook and Generali net plunged 89%.
- 123jump.com Staff
- 14 May, 2009
- New York City
Investors bid up regional banks and insurance companies a day after stocks fell in these sectors. Jobless claims rose in the previous week and producer prices gained in April on higher food prices. Techs rallied and after the close Nordstrom beat earnings views.
- 123jump.com Staff
- 14 May, 2009
- New York City
UK stocks attempted a rebound after brokers recommended banks and mortgage lenders. Royal Mail returns to profit after heavy cost cuts. ITV revenues decline and look for more cost savings. Invensys surges on an increase in orders and a dividend hike. National Grid looks for rate hike.
- 123jump.com Staff
- 14 May, 2009
- New York City
Stocks in Hong Kong and Shanghai fell after markets in the region tracked the losses in the U.S. and in Europe. Banks, electronics contractors and energy companies led the decliners. Tencent Holdings surged 10% and Foxconn declined 5%.
- Mayank Mehta
- 14 May, 2009
- New York City
Mylan led the decliners in the S&P 500 index of 3.8%. Kohl
- 123jump.com Staff
- 14 May, 2009
- New York City
Investors in Australia focused on the recent slide in metals prices. Fairfax Media dropped on rating downgrade. Leighton Holdings declined after nine month profit was cut in half.
- 123jump.com Staff
- 14 May, 2009
- New York City
Stocks in Tokyo were hit hard after the unexpected fall in monthly U.S. retail sales. The recent rally of stocks was already losing its steam as investors are increasingly turning cautious. Sony, Inpex, NEC Electronics declined but NTT Group gained after the release of earnings.
- 123jump.com Staff
- 14 May, 2009
- New York City
Election fever and a prospect of uncertain outcome overshadowed the trading sentiment in Mumbai. Banks and software exporters declined. Shipping lines gained on a rise in freight rate index. Wholesale price index increase dropped below 0.5%.
- 123jump.com Staff
- 13 May, 2009
- New York City
Investors in Hong Kong and in Shanghai struggle to gauge the durability of China stimulus plan. Companies in China are looking to raise capital as companies in Europe, Asia and U.S. race to repay debts. Pacific Basin Shipping and PetroChina tap investors.
- 123jump.com Staff
- 13 May, 2009
- New York City
Stocks in Australia to open lower on weak U.S. retail sales. GrainCorp Ltd lifted its annual earnings outlook on higher export tonnage for commodities. In the previous session, stocks traded sideways as commodities prices edged lower and speculators focused on BHP Billiton and Rio Tinto.