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UK Indexes Surge; TUI Travel Loss Widens

Arthi Gupta
02 Dec, 2010
New York City

The UK indexes rose after construction activity slowed in November. GlaxoSmithKline inched closer to acquire China-based Nanjing MeiRui Pharma. TUI Travel annual loss widened 65% as sales declined 3.2%.

Rates in Europe on Hold; Spain Bond Auction Yields 3.7%

Arthi Gupta
02 Dec, 2010
New York City

The European indexes traded sideways after the European Central Bank retained liquidity measures and held key rate at 1%. Spain successfully raised nearly

Sydney Index Surges 2%; Retail Sales Drop 1%

Chandrasekhar Atreya
02 Dec, 2010
New York City

Sydney stocks surged nearly 2% on positive economic data from China and the U.S. Retail sales drops for the first time in eight months. Trade surplus in October was $2.625 billion.

U.S. Jobless Claims Soar; PepsiCo, Wimm-Bill-Dann $3.8 B Deal

Arthi Gupta
02 Dec, 2010
New York City

U.S. stocks traded higher after Spain successfully raised nearly

Nikkei Gains; Quarterly Business Investments Rises 5%

Chandrasekhar Atreya
02 Dec, 2010
New York City

Tokyo stocks surged the most in two weeks on positive U.S. economic data. Business investment in September quarter rises 5%, breaking a three-year losing streak. Tobacco Tax revenue surges 120% in October from a year earlier. Year-end bookings by tourists to China drop 50%.

Shanghai Index Gains; Gold Production Surges

Chandrasekhar Atreya
02 Dec, 2010
New York City

Stocks in Shanghai and Hong Kong closed higher after U.S. private employers expanded employment in November and manufacturing expanded. Expectations ran higher that the United States may offer more capital to IMF to help ease European debt crisis. PetroChina plans to expand oil and gas network.

India Movers: Apollo, Hero Honda, ONGC, UltraTech

Mukesh Buch
02 Dec, 2010
New York City

Apollo Hospitals plans to sell 49% stake in its pharmacy chain. Hero Honda Group agreed to increase royalty payments to the parent company in Japan. Union Cabinet has approved ONGC stock split. UltraTech Cement November sales fell.

Sensex in India 3-Day Rally; Auto Sales Surge

Chandrasekhar Atreya
02 Dec, 2010
New York City

Stocks in Mumbai closed higher for the third day in a row tracking the gains in Asia and international markets. Whole price index showed a decline and food price inflation dropped to 18-month low. Azim Premji, the founder of Wipro Ltd set up a philanthropic trust with his personal assets of $1.9 billion.

U.S., World Markets Indexes Up 2%; Fed Discloses Crisis Data

Bikram Pandey
01 Dec, 2010
New York City

U.S. and European markets closed up more than 2% after U.S. private sector hiring expanded and manufacturing continued to rebound. The euro and European markets gained after the European Central Bank stepped up its Irish and Portuguese bonds buying.

U.S. Movers: Corinthian, Copart, Google, Motorola

Mukesh Buch
01 Dec, 2010
New York City

Copart Inc declined after the junk yard operator said sales declined. Microchip Technology rose after it tightened the outlook. OminVision Technologies soared. Corinthian Colleges Inc said chief executive resigned. Google plans to open an online electronic book store. Motorola Inc separates business

UK Indexes Surge 2.2%; Manufacturing Index Rises

Arthi Gupta
01 Dec, 2010
New York City

UK indexes closed higher after commodities rose after China reported manufacturing expansion. Home prices fell in November. Rolls-Royce won $420 million order from Hawaiian Airlines. Thomas Cook plunged after it reported sales decline of 4% and annual net loss.

Peet

123jump.com Staff
01 Dec, 2010
New York City

The specialty coffee roaster and retailer net quarterly revenue increased 9% to $80.2 million. Net income in the quarter surged 52% to $3.8 million. Earnings per share grew to 28 cents per share, compared to 19 cents per share in the corresponding period last year.

Euro, European Markets Rebound; Manufacturing, Retail Sales Rise

Arthi Gupta
01 Dec, 2010
New York City

Indexes in European region rose sharply after Portugal completed the sale of Treasury bills. The sentiment improved after positive comments from the ECB officials. Euro area manufacturing activities improved in November and German retail sales rose in October.

U.S. Stocks Higher, European Markets Rebound

Arthi Gupta
01 Dec, 2010
New York City

U.S. stocks advanced after private sector employment expanded in November and productivity in the third quarter was revised higher. The euro rebounded and European markets traded higher after Portugal completed the sale of 500 million euros Treasury bills.

India Movers: Coal India, Maruti, ONGC, Sesa Goa, Tata Motors

Mukesh Buch
01 Dec, 2010
New York City

Stock in Mumbai gained as automobile and cement sales in November surged. Coal India is looking to take a 10% stake in Australian assets of U.S. based Peabody Energy. ONGC expects to launch $3 billion follow-on public offer in March 2011.

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