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European Index Higher; MAN, Scania, Axa Up

Bikram Pandey
15 Nov, 2010
New York City

European markets closed up but not before oscillating in the day as Ireland and EU discuss emergency loan measures. Indexes in the European region gained between 0.4% and 1.3%. Euro zone deficit with the rest of the world increased to

U.S. Retail Sales Rise 1.2%; Caterpillar, EMC in Deals

Devan Biswas
15 Nov, 2010
New York City

U.S. stocks and dollar edged higher after two large deals totaling $10 billion were announced. October retail sales increased more than anticipated and lifted the indexes in early trading. General Motors and nine other companies are expected to raise $12.5 billion in public offerings this week.

Ireland, EU in Emergency Loan Talk; Greece Deficit Revised to 127% of GDP

Nigel Thomas
15 Nov, 2010
New York City

Ireland and peripheral nation in the EU remained in focus ahead of EU officials meeting in Brussels tomorrow. Ireland is expected to receive as much as 100 billion in loans and guarantees as early as this week in a plan coordinated by the EU and the IMF. Eurostat revised deficit estimates of Greece.

India Movers: Gammon, HPCL, Pantaloon, Reliance Capital, Tata Steel

Mukesh Buch
15 Nov, 2010
New York City

Stock in Mumbai rose. Gammon India slipped 2.3% after net profit fell 45.5%. HPCL rose 2.5%. Pantaloon decreased 3.3% net profit declined 60%. Reliance Capital declined 3% after net profit plunged 28%. Tata Steel rose after it swung to net profit.

India Expects 9% Growth; Supreme Court Demands Vodafone Deposit

Bikram Pandey
15 Nov, 2010
New York City

Stocks in Mumbai increased after Finance minister Pranab Mukherjee said that in the short term economy will expand at 9%. The rupee edged lower and the latest data on the inflation showed a declined. Tata Steel swung to net profit.

China Indexes Rebound; Russia Based EuroSibEnergo to List in HK

Nigel Thomas
15 Nov, 2010
New York City

Stocks in China region closed higher but in Hong Kong declined. Russia based OAO EuroSibEnergo is expected to complete its public offering in Hong Kong before the end of the year. The one-month yuan futures weakened but the currency is expected to gain against the dollar in the next three months.

Japan Expands at 3.9%; Mitsubishi UFJ Net Doubles

Marcus Jacob
15 Nov, 2010
New York City

Stocks in Tokyo trading increased after Japan reported faster than expected economic expansion and the yen weakened. The economic growth in the fiscal second quarter increased to annual rate of 3.9% from the revised 1.8% rate in the first. Banks and exporters gained in trading.

Flat Trading in Caribbean Markets

Mukesh Buch
13 Nov, 2010
New York City

Caribbean markets edged lower in a weak trading. For the week the indexes were nearly unchanged. Banks and insurance companies led the most active stocks in trading. World markets declined as commodities fall and inflation in China accelerated.

World Stocks Slide; Gold, Copper, Oil Fall

Nichole Harper
12 Nov, 2010
New York City

World stocks closed declined after resource stocks fell, commodities fell to 18-month low after China reported accelerating inflation. China region indexes plunged more than 5%. Peripheral EU nations

European Markets Face Renewed Sovereign Debt Stress

Bikram Pandey
12 Nov, 2010
New York City

European indexes fell as European leaders discuss renewed threat of sovereign bonds stresses in Ireland and Portugal. Resource stocks also fell on the worries that accelerating inflation in China will bring additional tightening in the world

UK Indexes Close Lower Tracking Weaker Resource Stocks

Nigel Thomas
12 Nov, 2010
New York City

UK stocks closed lower on a weakness in resource stocks. Copper prices declined from the record after China reported accelerating inflation. European leaders discuss renewed threat of sovereign debt stress in the region.

U.S. Movers: Dillard's, D.R. Horton, Nvidia, Disney

Mukesh Buch
12 Nov, 2010
New York City

Dillard''s third quarter revenue decreased to $1.34 billion. D.R. Horton fourth quarter sales fell to $925.7 million. Nvidia Corp. revenue declined 6.6%. Walt Disney fourth quarter revenues decreased 1% to $9.7 billion.

U.S. Indexes Lower After Stocks in China and Asia Plunge

Bikram Pandey
12 Nov, 2010
New York City

U.S. stocks traded lower after markets in Asia plunged and European indexes traded lower. G20 nations meeting failed to produce clear guidelines to set right or tackle rising global financial and trade imbalances. J.C. Penney reported better higher profit.

G20 Nations Stuggles to Tackle Global Imbalances

Devan Biswas
12 Nov, 2010
New York City

G20 nations issued a statement after a meeting of two days that focused on broad issues of global imbalances and failed to show any concrete plans. The leaders deferred to the concrete steps to the next meeting and said the importance of common indicators to track global developments.

India Movers: Autoline, Jamna Auto, Lumax, Man, Rishi Laser

123jump.com Staff
12 Nov, 2010
New York City

Stock in Mumbai slumped. Autoline Industries gained 1.8% after net profit increased 115%. Jamna Auto Industries soared 10.6% after net profit surged 107%. Lumax Auto Technologies increased 4.1% after net profit gained 124.4%. Man Industries advanced 2.7% after net profit surged 710%.

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