- Ivaylo
- 12 Sep, 2006
- New York City
The stocks had briefly slipped into the red on news of a thwarted attack on the US embassy in Syria. The strong performance in the technology sector outweighed concerns over the plummeting oil prices leading the energy sector down. By mid-morning, the FTSE 100 in London was flat, the Xetra Dax in Frankfurt rose 0.2% and the Paris CAC-40 gained 0.2%.
- Ivaylo
- 12 Sep, 2006
- New York City
The moves accelerating when chart-based selling was triggered. Silver suffered especially hard after the metal had outperformed gold at times over the summer but has now plunged below a key uptrend line. A couple of the contacts cited momentum-based selling of metals after prices also declined late last week, with funds said to be among those liquidating long positions.
- 123jump.com Staff
- 11 Sep, 2006
- New York City
Three popular averages rose as oil fell. Shares of Dell fell on delays to Q2 earnings filing, suspension of stock buybacks, and accounting probes by the SEC. The company
- 123jump.com Staff
- 13 Aug, 2008
- New York City
Mumbai stocks fell after advisory panel to prime minister indicated a need for a tighter monetary policy. Inflation is likely to persist at or above 11% for the rest of the year before dropping below 9% in the first quarter of the next year. Separately, the finance minister indicated economic growth in the current fiscal year to be at 8%, higher than estimated by private economists. Tata Steel and Vietnam form a joint venture to build 4.5 million ton steel plant with $5 billion investment.
- 123jump.com Staff
- 13 Aug, 2008
- New York City
The Bank of England lowered its economic growth estimate for UK economy to 0.1% from 1% in the first quarter of 2009. The lowered economic expectations dragged British pound to the lowest level in nearly two years. Interest rates are likely to fall in the coming months as economy falters. Financials fell after ING reported a earnings fall of 28%. Barclays, Royal Bank of Scotland and HSBC declined.
- 123jump.com Staff
- 13 Aug, 2008
- New York City
Retail sales in China rose at 23.3% in July after gaining at 23% rate in June. In addition, real estate prices rose 7% in the month, but at the slowest pace in the year so far from a year ago. The price rise has steadily declined from a rise of 11.3% in January to 9.2% in May. The report also notes that prices of existing homes advanced 6% year-on-year during the period, which is 1.5 percentage points higher than June.
- 123jump.com Staff
- 13 Aug, 2008
- New York City
Stocks in Japan fell 2% after economy contracted at the end of the first fiscal quarter and current account surplus fell. Exports declined in the quarter along with the rising food and energy prices kept consumer spending in check. GDP in the quarter to June contracted at 2.4% as exports fell 2.3% and imports declined 2.8% with the consumer spending weakening by 0.5%. Mitsubishi UFJ commences its tender offer to acquire UnionBanCal and may have to raise it above the current $3 billion offer.
- 123jump.com Staff
- 18 Aug, 2008
- New York City
U.S. stocks opened higher tracking fractional gains in the European markets. Markets in overnight trading in Asia closed mixed with Japan index trading up 1% but index in Hong Kong fell more than 1%. In the UK trading, commodities and energy stocks traded higher with a slight pick up in crude oil and metals prices. BHP Billiton increased its dividend by 49% after it reported annual earnings rise of 15% and revenue gain of 25%. Lowes, home improvement
- Elena
- 03 Jan, 2006
- New York City
Asian-Pacific benchmarks closed higher Tuesday on economic optimism and strong performance in 2005, led by Taiwan Weighted index, up 1.4%. Japan, China and New Zealand were still closed for the New Year holiday. European stocks were also strong at mid-day, lifted by oil and gas companies, and upbeat German employment data. Walgreen, drugstore chain, posted 5% profit rise in the first quarter on higher generic drugs sales.
- 123jump.com Staff
- 21 Dec, 2009
- New York City
U.S. stocks advanced after the yield curve steepened, mining stocks rise and healthcare stocks gain on high volume. Rate spread between two and ten years bonds increased to 281 basis points. Commodities prices edged higher. Merger news of $4 billion also contributed to gains in indexes.
- 123jump.com Staff
- 23 Jul, 2009
- New York City
The high-end motorcycle manufacturer second quarter revenue slipped 27% to $1.15 billion due to 30% drop in total motorcycle sales and earnings tumbled 91% to $19.8 million as a result. Earnings per share were 8 cents against 95 cents in the year ago quarter. company expects to cut 1000 more jobs.
- 123jump.com Staff
- 15 Jun, 2009
- New York City
UK and European stocks closed lower on worries of rising inflation, a prospect of slower economic recovery and increased government debt. UK plans to raise
- 123jump.com Staff
- 15 Jun, 2009
- New York City
Hong Kong stocks declined on a weakness in metals and mining sector. Shanghai closed higher. Foreign direct investment in China fell 18% in May. The yuan declined in Shanghai trading.
- 123jump.com Staff
- 15 Jun, 2009
- New York City
Australian stocks declined after metals closed lower. Goodman Group surges on talks of investment from China. Atlas Iron Limited surged 17% after it proposed public offering of A$117 million to fund iron ore mining expansion.
- 123jump.com Staff
- 30 Jun, 2009
- New York City
European markets edged lower after unemployment in Germany increased and French producer prices declined. Porsche will seek alternative sources of funding to refinance its