- Elena
- 15 Sep, 2005
- New York City
Asian-Pacific markets closed mixed with the Nikkei up 1.2% on improved household confidence, while Taiwan's stocks lost 1.1% on raised interest rates. European shares were generally higher at mid-day on oil and mining stocks. Government's CPI report said that CPI climbed by 0.5% in August, in line with expectations. Core CPI rose 0.1% vs. expectations of 0.2%. Bear Stearns posted 29% income growth in 3Q.
- 123jump.com Staff
- 14 Sep, 2005
- New York City
Retail sales for August were $350.1 billion, down 2.1% from July, but up 7.9% from one year ago. Excluding automobiles, retail sales in August were $274.9 billion, up 1% from July, and up 9.4% from one year ago. Industrial output for August rose only 0.1% on Hurricane Katrina's impact. U.S. industrial production increased 0.1% in August. New Orleans Port opens 2 of 27 terminals.
- 123jump.com Staff
- 14 Sep, 2005
- New York City
Retail sales for August were $350.1 billion, down 2.1% from July, but up 7.9% from one year ago. Excluding automobiles, retail sales in August were $274.9 billion, up 1% from July, and up 9.4% from one year ago. Industrial output for August rose only 0.1% on Hurricane Katrina's impact. U.S. industrial production increased 0.1% in August, the Federal Reserve reported on Wednesday.
- Elena
- 14 Sep, 2005
- New York City
Retail sales for August were $350.1 billion, down 2.1 percent from July,but up 7.9 percent from one year ago. Excluding automobiles, retail sales in August were $274.9 billion, up 1.0 percent from July, and up 9.4 percent from one year ago. Industrial output for August rose only 0.1% on Hurricane Katrina's impact.
- Elena
- 14 Sep, 2005
- New York City
Asian-Pacific markets ended mostly up with the Nikkei down 0.5% and China's Shanghai Composite up at a five-month peak of 0.8%. European stocks enjoy steady trading at mid-day. Retail sales for August were $350.1 billion, down 2.1 percent from July,but up 7.9 percent from one year ago. Excluding automobiles, retail sales in August were $274.9 billion, up 1.0 percent from July, and up 9.4 percent from one year ago.
- Elena
- 14 Sep, 2005
- New York City
Asian-Pacific masrkets ended mostly up with the Nikkei down 0.5% and China's Shanghai Composite up at a five-month peak of 0.8%. European stocks enjoy steady trading at mid-day. Retail sales for August were $350.1 billion, down 2.1 percent from July,but up 7.9 percent from one year ago. Excluding automobiles, retail sales in August were $274.9 billion, up 1.0 percent from July, and up 9.4 percent from one year ago.
- 123jump.com Staff
- 13 Sep, 2005
- New York City
Inflation worries on the reported wholesale inflation and stubborn trade deficit put market in the sell-off mode at the opening. Rise in oil price drove the July trade deficit rise of 12% from a year ago. The export rose 10% and import rose 11.3% from a year ago. Best Buy failed to win over investors and dropped 11% on lower earnings outlook for the current quarter.
- Elena
- 13 Sep, 2005
- New York City
Government data showed that wholesale inflation in July rose to $57.9 billion from $59.5 billion in June. Economists had expected inflation to have widened to $60.0 billion. The Labor Department report showed that the producer price index rose by 0.6% in August, following a rise of 1% in July.
- Elena
- 13 Sep, 2005
- New York City
The trade deficit in goods and services in July was $57.9 billion, down 2.6percent from June. Exports were $106.2 billion, up 0.4 percent, and
imports were $164.2 billion, down 0.7 percent from June.
Electronics retailer Best Buy sent the whole sector down 1.2% on disappointing earnings report and trades 9% lower at the opening.
- Elena
- 13 Sep, 2005
- New York City
Asian markets finished mixed with the Nikkei flat on recent gains and China's Shanghai Composite rising to a five-month high of 1.6%. European markets lost ground with the German DAX 30 down 1.7%. Nokia rose 5% on lifted 3Q earnings and sales outlook. Semiconductors led by AMD and SanDisk and FreeScale.
- Elena
- 12 Sep, 2005
- New York City
U.S. markets trade mixed on M&A news. Oracle agreed to acquire Siebel System at the total value of $5.85 billion. Wachovia agreed to acquire Westcorp for $3.42 billion. eBay is buying Skype Technologies for $2.6 billion. The tech sector rose by 1%, together with the airline sector which was also up 1%. Energy and gold sectors declined.
- Elena
- 12 Sep, 2005
- New York City
Asian markets advanced led by the Nikkei up 1.6% at 12896.43 to a four-year high on Junichiro Koizumi's LDP victory and GDP growth by 0.8%. European markets traded higher at midday . Oracle agreed to acquire Siebel System at the total value of $5.85 billion. Wachovia agreed to acquire Westcorp for $3.42 billion. eBay is buying Skype Technologies for $2.6 billion.
- Elena
- 12 Sep, 2005
- New York City
Asian markets advanced led by the Nikkei up 1.6% on Junichiro Koizumi's LDP victory and GDP growth by 0.8%. European markets traded higher at midday . Oracle agreed to acquire Siebel System at the total value of $5.85 billion. Wachovia agreed to acquire Westcorp for $3.42 billion.
- Yordanka
- 10 Sep, 2005
- New York City
No deal has been priced for the last two weeks as the summer IPO is traditionally idle in early September. Five companies filed for initial public offerings, among which there are two that are planning auction-style OpenIPOs. There aren
- Elena
- 09 Sep, 2005
- New York City
Texas Instruments raised its 3Q earnings and sales outlook. Intel tightened its 3Q guidance range. PalmSource gained as the company agreed to be acquired by Japan's Access for $324.3 million. Energy and gold sectors advanced 1.8% and 2.1% respectively. The overall import prices for August rose 1.3% from 0.8% In July, up from the expected increase of 1.2%.