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India Movers: Bharti Airtel, Empee Sugars, Greenply, Tata Motors

Mukesh Buch
10 Nov, 2010
New York City

Stock in Mumbai fell. Bharti Airtel Ltd. plunged 1.7% after net profit fell 27%. Empee Sugars and Chemicals gained 2.4% after net profit surged fourfold. Greenply Industries slumped 1.9% after net profit declined 86%. Tata Motors Limited gained 2.4% after net profit surged tenfold.

China Stocks Fall; Home Prices Surge 8.6%

Bikram Pandey
10 Nov, 2010
New York City

Stocks in China region declined ahead of inflation data. Home prices in China increased in October at a slower pace but continue to attract speculative capital. October trade surplus increased 23% as exports rose faster than imports. China let the yuan appreciate 0.5% against the dollar.

China October Trade Surplus Surges 23%

Nigel Thomas
10 Nov, 2010
New York City

China trade surplus in October rose 22.9% from a year ago as exports surged more than imports. The second largest monthly surplus in October trailed July surplus of $28.7 billion. For the ten months to October, surplus declined 6.7%.

Nikkei in Japan at 4-month High; Banks in Focus

Marcus Jacob
10 Nov, 2010
New York City

Stocks in Japan traded higher on the rise in banks, exporters and resource companies. World leaders are increasingly at odds in how to solve the growing financial flows imbalance and are not expected find common ground at G20 meeting.

U.S. Stocks Decline; European Indexes Higher, Mixed Asian Markets

Devan Biswas
09 Nov, 2010
New York City

U.S. indexes declined at close and commodities advanced. Indexes in Europe closed higher and Asian markets closed mixed. European Union regulators fined nearly 800 million euros eleven airlines for coordinating security and fuel fees after 2001 terrorist attacks.

U.S. Movers: Atlas Energy, Akamai, McDermott, priceline.com, Yahoo

Bikram Pandey
09 Nov, 2010
New York City

U.S. stocks traded mixed. Akamai Technologies plunged 4% after Netflix Inc dropped the company as its service provider. Atlas Energy Inc soared 35% after Chevron offered $3.2 billion for the company. Priceline.com and McDermott International surged after posting better than expected earnings.

UK Output Rises; Vodafone, Yell Group Fall, Schroders, Barclays Rise

Marcus Jacob
09 Nov, 2010
New York City

UK total production output increased 3.8% in September. Trade deficit decreased in the month to

Indexes in Europe Close Higher; Hermes, Deutsche Post, Munich Re Up

Bikram Pandey
09 Nov, 2010
New York City

Market indexes in Europe closed higher as the dollar declined and earnings lifted the sentiment. Munich Re lifted its earnings estimate and Hermes SCA and Deutsche Post reported better than expected earnings.

U.S. Stocks Struggle; Chevron Offers $3.2 Billion for Atlas Energy

Bikram Pandey
09 Nov, 2010
New York City

U.S. stocks traded mixed as the dollar declined and commodities prices gained. Chevron Corp agreed to acquire Pennsylvania based Atlas Energy Inc for $3.2 billion and assume $1.7 billion in long term debt. Priceline.com and McDermott International gained on better than expected earnings.

Poland Raises $420 Million in Warsaw Exchange IPO

Nigel Thomas
09 Nov, 2010
New York City

Poland government successfully sold 64% stake in the Warsaw Stock Exchange and raised $420 million. The Warsaw Stock Exchange rose as much as 23% on the first day in trading.

India Movers: Apollo Hospitals, SBI, Sundram Fasteners, Thermax

Mukesh Buch
09 Nov, 2010
New York City

Stock in Mumbai rose. Apollo Hospitals rose 0.2% after net profit rose 45.5%. State Bank of India plunged 4.4% after the largest bank in India reported flat profit. Sundram Fasteners gained 3% after net profit soared 63.5%. Thermax acquired European boiler manufacturer for 29.5 million euros.

China Prepares for New Currency and Property Lending Curbs

Marcus Jacob
09 Nov, 2010
New York City

Stocks in China region declined ahead of new foreign funds restrictions and property lending curbs. The yuan strengthened against major currencies. Banks and property developers fell. Investors are increasingly factoring higher inflation in China.

Japan Current Account Surplus Widens 24%; Acom, Daikin Fall

Nigel Thomas
09 Nov, 2010
New York City

Stocks in Tokyo trading declined as the yen hovered near recent highs and companies report mixed earnings. Current account surplus in September soared 24% as exports surged 16%. Acom Co lowered its full year outlook and Isetan Mitsukoshi net plunged 90%.

World Markets Rest; Gold, Silver Shine

Bikram Pandey
08 Nov, 2010
New York City

U.S. stocks closed lower and the dollar edged higher and gold and silver continue to trade at record levels. Chrysler Group LLC reported smaller loss in the third quarter. European markets closed mixed but after the close Ireland said it will honor its debt. SEC looks to throttle program trading.

U.S. Movers: AOL, Ashland, Radian, Warner Chilcott, Yahoo

Bikram Pandey
08 Nov, 2010
New York City

U.S. stocks traded lower. Ashland surged 10% after the company agreed to sell its distribution division to TPG. Warner Chilcott declined 10% after it estimated lower sales next year. Radian Group fell on investigation and convertible bonds offering. CommScope gained on the prospect of a rival bid.

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