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European Mining Stocks Take Another Hit on China Slowdown

Nigel Thomas
10 Nov, 2015
New York City

European markets continued to decline on Tuesday after commodity prices fell and the political turmoil in Portugal. Alstom and GE secured a $5.6 billion contract from Indian Railways. Netherlands sells 23% of the ABN AMRO bank. Vodafone net swung to a loss of

U.S. Rate Jitters Resurface After Four Weeks of Rally on Wall Street

Nichole Harper
09 Nov, 2015
New York City

S&P 500 and the Nasdaq indexes declined as much as 1.5% after investors began to digest rate increase possibilities at the end of policy meeting next week. U.S. market indexes are facing headwinds after a 12% surge and recovering from the 10% correction in summer, first in four years.

Nikkei Surges 1.9%, Toshiba Plunges 8%

Hiruki Nakamura
09 Nov, 2015
New York City

Nikkei average in Tokyo soared nearly 2% following the stronger-than-expected U.S. jobs report on Friday. Export sensitive stocks and trading companies led the gainers. Mitsui agreed to acquire 35% stake in Australia based Santos Limited. NTT Corp estimated fiscal year sales to increase 2.7%.

Australian Indexes Drop 1.9%, BHP at 7-Year Low

Marcus Jacob
09 Nov, 2015
New York City

Australian market indexes declined nearly 2% and resource sector led the losers. BHP dropped near a seven year low and Santos Ltd plans to raise as much as $3.5 billion in stock offering and asset sale to trim $9 billion of debt.

Dean Foods, WhiteWave Foods Jump; Priceline, Sotheby

Mukesh Buch
09 Nov, 2015
New York City

CIRCOR net swung to a loss after revenues plunged. Dish Network profit surged after revenue per pay-TV subscriber jumped. Dean Foods net swung to profit. L.B. Foster net swung to a loss. Priceline net and sales soared. Sotheby

India Movers: Britannia, Hindustan Copper Net Rise; ONGC Net Falls

Sarla Buch
09 Nov, 2015
New York City

Aurobindo said quarterly profit soared 21%. Britannia net declined 19%. ONGC net slipped 11%. Hindustan Copper net and revenues fell. Rural Electrification net rose 8%. Tata Power net swung to profit. Adani port plans to buy L&T

Gloomier Outlook Drags European Markets

Nigel Thomas
09 Nov, 2015
New York City

European burses declined today on a gloomier outlook for the global economy, political uncertainty in Portugal and disappointment over mergers. Continental

U.S. October Report Offer Support to Rate Hike in December

123jump.com Staff
06 Nov, 2015
New York City

Market indexes on Wall Street lacked direction and net new jobs added in October increased 271,000. The strong job addition in the month supported the case for a rate hike at the next Fed meeting in December.

NVIDIA Soars, Echostar, Insmed Fall; Disney Profit Jumps

Mukesh Buch
06 Nov, 2015
New York City

Cigna forecasted 9% increase in annual revenues. Consolidated Edison net fell 2%. Echostar net tumbled 53%. Humana profit jumped 8% but revenues declined 9%. NVIDIA net soared 42%. Walt Disney profit advanced 7% after revenues soared 9%.

Australian Indexes Trim Weekly Losses, News Corp Falls

Marcus Jacob
06 Nov, 2015
New York City

Australian market indexes closed higher and trimmed weekly losses to 0.6%. News Corp declined after reporting weaker than expected quarterly sales. BHP Billiton trimmed losses after reporting an accident at a mine in Brazil.

Nikkei in 3-Day Rally, Olympus Net Soars 60%

Hiruki Nakamura
06 Nov, 2015
New York City

Nikkei average in Tokyo gained for the third day in a row and the yen hovered near its recent one-week low. Olympus Corp said first-half net soared 60%. Aoyama Trading Co., Ltd and Aoki Holdings Inc advanced on higher first-half sales and earnings.

Luxury Goods Stocks Plummet; Allianz, Inmarsat Net Fall

Nigel Thomas
06 Nov, 2015
New York City

European markets and luxury stocks trended lower after a warning from Richemont. Allianz profit declined 15% to

Sensex Eases; State Bank of India Net Rises 25%, Cipla Net Soars

Sarla Buch
06 Nov, 2015
New York City

Sensex in Mumbai edged lower and extended weekly losses to 1.5%. State Bank of India, Bank of Baroda and Punjab National Bank said quarterly profit jumped. M&M quarterly profit and revenues fall. Castrol India net rose 22%. Cipla net income surged 44%. Tata Steel net income jumped.

Wall Street Reverse Losses, U.S. Launches Drug Price Investigation

Nichole Harper
05 Nov, 2015
New York City

Market indexes on Wall Street reversed losses of as much as 0.8% but stocks across most sector generally traded lower. Facebook soared to a record high on strong quarterly results. U.S. launched a drug price increase investigation and sought information from four drug makers.

Expedia, FB, Ralph Lauren Soar; Qualcomm, Whole Foods Plunge

Mukesh Buch
05 Nov, 2015
New York City

Apache net loss widened and Duke Energy profit plunged 27%. Expedia agreed to acquire smaller rival HomeAway for $3.9 billion. FB net soared 11% after ad revenues rose 45%. Qualcomm profit declined 44%. Ralph Lauren net tumbled 20%.

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