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U.S. and European Indexes Diverge; Commodities Fall

Bikram Pandey
18 Nov, 2010
New York City

U.S. stocks traded sideways and European markets closed higher. Commodities and crude oil declined for the fourth day in a row. Gold and silver fell from the recent highs. The dollar declined against the yen and the euro. Europe and UK express readiness to extend financial support to Ireland.

China Region Stocks Rally; Consumer Confidence Slips

Chandrasekhar Atreya
18 Nov, 2010
New York City

China region stocks gained after falling for four days in a row. Hong Kong index surged 1.4% after U.S. retail sales rose and tighter restriction on mainland were perceived administrative and not restrictive. Consumer confidence drops in the third quarter for the first time in six quarters in China.

Nikkei Gains 2%; T&D, Tokio Marine, Sony, Canon Up

Chandrasekhar Atreya
18 Nov, 2010
New York City

Tokyo stocks gained more than 2% as the yen weakened, exporters rallied and insurance companies gained ahead of earnings. U.S. State Department removes sanctions on Inpex over nuclear supplies to Iran. Mitsubishi and Xstrata plan to double thermal coal output at their plant in Australia.

Sydney Stocks Gain; QR National IPO Attracts Foreign Investors

Chandrasekhar Atreya
18 Nov, 2010
New York City

Australian shares edged higher as miners gained and financials fell. Shareholders filed a lawsuit seeking compensation for damages from National Australia Bank. QR National offering attracts $2.6 billion in bids from overseas investors. Competition authorities blocks Franklin Supermarket sale.

India Movers: ABG Shipyard, Gravita India, Mahindra Satyam

Mukesh Buch
16 Nov, 2010
New York City

Stock in Mumbai Slumped. Ansal Housing gained 2.3% and net profit increased 107%. ABG Shipyard fell 0.4% after net profit rose 22.7%. Gravita India steeps 87.5% premium over the initial public offer price of Rs 125. Mahindra Satyam tumbled 11.8% after net profit dropped 76%.

U.S. Movers: BJ

Mukesh Buch
17 Nov, 2010
New York City

BJ''s third quarter net sales rose 4.8%. Chico''s net income increased 27%. Sina Corp. net income in the quarter surged 87%. Target earnings in the quarter rose 23% to $535 million. Warner Music Group fourth quarter total revenues decreased 13%.

UK Indexes Higher; Jobless Claims Fall

Arthi Gupta
17 Nov, 2010
New York City

The UK indexes rose after jobless claims unexpectedly dropped in October. The BoE policy makers split three ways for second month. The UK pledged support for Ireland. Experian first-half net rises.

Ireland Debt Package in Works; European Indexes Gain

Arthi Gupta
17 Nov, 2010
New York City

The European indexes advanced after the European Union confirmed support to Ireland. Euro area construction output fell in September. S&P lowered Cyprus sovereign debt ratings. Spain GDP remained unchanged in the third quarter and Sweden home prices rose in October.

U.S. Housing Starts Fall; CPI Rises 0.2%; GM IPO

Arthi Gupta
17 Nov, 2010
New York City

U.S. stocks declined after housing starts fell more than expected and the consumer price index rose in October and mortgage applications dropped as rates rose. GM boosted IPO size by 31% to 478 million shares. Sara Lee won European approval to sell business units to Unilever.

FTSE Falls 2%; Inflation Soars; Home Prices Rise

Arthi Gupta
16 Nov, 2010
New York City

The UK indexes dropped after inflation accelerated in October and home prices rose in September. RBS agreed to sell

European Indexes Slump; Euro-zone Inflation Accelerates

Arthi Gupta
16 Nov, 2010
New York City

The European indexes declined on concerns of possible policy tightening measures from China. Euro-zone inflation accelerated in October. German economic sentiment rebounded in November. French non-farm payrolls rose in the third quarter. Vivendi net plunged 38%.

U.S. PPI Rises 0.4%; Home Depot, Wal-Mart Earnings Up

Arthi Gupta
16 Nov, 2010
New York City

U.S. stocks fell amid speculation that China will raise interest rates and PPI rose 0.4% in October. GM lifted IPO price range between $32.00 and $33.00 a share. Juniper Networks agreed to buy Trapeze Networks for $152 million. Wal-Mart net rose 9% on strong international sales.

U.S. Stocks Struggle, Bond Yields Rise; World Markets Higher

Bikram Pandey
15 Nov, 2010
New York City

U.S. stocks struggled to hold gains after retail sales increased more than expected in October. The dollar advanced and gold and silver closed lower. Japan reported stronger economic expansion. European officials meet to discuss various options to quell rising debt distress in peripheral nations.

U.S. Movers: Bucyrus, Isilon, EMC, Lowe

Mukesh Buch
15 Nov, 2010
New York City

Amtech Systems fourth quarter net revenue surged three-fold. Diana Shipping third quarter revenue increased to $71.61 million. Lowe

UK Trading Focuses on Commodities, Ireland Debt

Nigel Thomas
15 Nov, 2010
New York City

UK stocks closed higher as commodities recovered. However, traders looked to the meeting of EU ministers tomorrow that is expected to discuss Ireland banking and debt crisis. Irish bonds have declined for thirteen days in a row.

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