Arthi Gupta
08 Oct, 2010
New York City
U.S. stocks declined after employment fell by 95,000 jobs in September and consumer credit dropped more than estimated in August. Alcoa quarterly earnings fell 21% to $61 million and Micron swung to a profit of $342 million.
Chandrasekhar Atreya
08 Oct, 2010
New York City
Indian stocks retreated for a second day and declined for the week after rising for the five weeks in a row. Vedanta offer gets overwhelming shareholder approval from Cairn India takeover at $8.5 billion. Total vehicles sales soar 21.6% in September.
Chandrasekhar Atreya
08 Oct, 2010
New York City
Stocks in Shanghai rallied to a 4-month high after a long holiday period. The stocks were supported after manufacturing and services expanded at a faster pace in September. Shanghai introduces one house per family policy like in Beijing, to curb property speculations.
123jump.com Staff
08 Oct, 2010
New York City
Stocks in Shanghai rallied to a 4-month high after a long holiday period. The stocks were supported after manufacturing and services expanded at a faster pace in September. Shanghai introduces one house per family policy like in Beijing, to curb property speculations.
Chandrasekhar Atreya
08 Oct, 2010
New York City
Stocks in Japan declined as the yen traded at elevated level. Cabinet approves higher stimulus plan. Total liabilities of failed companies, with at least 10 million yen of debt, surged 360% in September. Current account surplus shrinks in August for the first time in more than a year.
Chandrasekhar Atreya
08 Oct, 2010
New York City
The Sydney index traded for a second day in a row in a narrow range. The Australian dollar reached to a new intra-day high of 99.18 U.S. cents. QR National finalizes a $3 billion loan ahead of its float. Coal miner Northern Energy spurns a takeover offer from New Hope.
Arthi Gupta
08 Oct, 2010
New York City
The UK indexes slid after GDP growth slackened in the third quarter. The UK producer prices rose and home price inflation eased in September. Sempra and RBS agreed to sell its commodities trading venture to JPMorgan for $220 million.
Bikram Pandey
07 Oct, 2010
New York City
World financial markets are focused on the fate of the dollar after this weekend meeting. The dollar rebounded today but stocks and bonds struggled. The U.S. Treasuries yielded record low rates. Central banks in Europe and UK left rates on hold.
Devan Biswas
07 Oct, 2010
New York City
U.S. stocks edged lower as the dollar bounced around. Retailers traded higher after the September same store sales were ahead of expectations. Abercrombie & Fitch and American Eagle Outfitters and Dillard gained. Immucor, Inc plunged 18% after it reported flat earnings.
Arthi Gupta
07 Oct, 2010
New York City
The UK indexes rose after the BoE held key rate at 0.5% and quantitative easing at
Arthi Gupta
07 Oct, 2010
New York City
The European indexes gained after German industrial production accelerated in August. The ECB retained key rate at 1% for the seventeenth straight month. The EU outlined future financial sector taxation plans. French trade deficit widened in August.
Arthi Gupta
07 Oct, 2010
New York City
U.S. stocks traded sideways after weekly jobless claims fell 11,000 to 445,000. Robbins & Myers agreed to buy T-3 Energy for $422 million. Marathon inked deal to sell majority of Minnesota downstream assets for $900 million. PepsiCo revenue surged 40% to $15.5 billion.
Chandrasekhar Atreya
07 Oct, 2010
New York City
Indian stocks fell sharply after the latest stubborn inflation data. The rupee edged higher the dollar declined all major currencies. IMF raises the GDP forecast for India to 9.7%. Cairn Energy seeks shareholder approval for Vedanta offer. Tea output drops in August due to pest attacks.
Chandrasekhar Atreya
07 Oct, 2010
New York City
Stocks in Japan moved in a very narrow range to close little changed pulled by the opposing movements of a stronger yen and easing on monetary policy. Foreign exchange reserve reaches a new record in September. Ruling party in Japan unveils the final stimulus plan.]
Chandrasekhar Atreya
07 Oct, 2010
New York City
The Australian dollar gained more than 1% after the jobs report and the U.S. dollar weakness across all major currencies. The Aussie dollar surged to 27-year high and has rebounded 50% in the last two years. Construction activity and job vacancies drop in September.
