Bikram Pandey
27 Sep, 2010
New York City
Alberto-Culver soared 20% after it agreed to be acquired by Unilever. AirTran Holdings soared 59% after Southwest Airlines offered $1.37 billion. Wal-Mart made a preliminary offer to South Africa based retailer Massmart. Jewelry retailer Zale Corp declined 3%.
Arthi Gupta
27 Sep, 2010
New York City
The UK indexes traded sideways after home prices fell to record lows in September. HgCapital agreed to sell 63.5% stake in Visma to KKR for $1.9 billion. 3i Group agreed to buy Mizuho Investment Management for
Arthi Gupta
27 Sep, 2010
New York City
The European indexes fell after euro-zone growth slowed but private sector credit and money supply growth increased. IMF approved
123jump.com Staff
27 Sep, 2010
New York City
Indian stocks and rupee advanced more than 4% in the month as foreign investors step up equity investments. Rupee traded below 45 to a dollar. BPCL plans to expand refining capacity, acquire overseas energy assets and build power plants. Reliance and ONGC receive extension for drilling in KG blocks.
Arthi Gupta
27 Sep, 2010
New York City
U.S. stocks gained after Unilever and Wal-Mart announced deals. China levied import duties on U.S. chicken. Unilever agreed to buy Alberto-Culver for $3.7 billion. Cal-Maine Foods swings to first quarter profit.
Chandrasekhar Atreya
27 Sep, 2010
New York City
Stocks in Shanghai and Hong Kong rally following a surge in international markets. Profits at companies climb 55% in the first eight months of the year. The $25 billion oil-for-loan program is expected start the flow of oil today from Russia to China.
Chandrasekhar Atreya
27 Sep, 2010
New York City
Stocks in Japan rally after exporters gained following a surge in New York. Export growth slowed in August on the rising yen. Japan alleges that China started drilling at oil site in East China Sea unilaterally breaking the agreement to jointly explore the area.
Chandrasekhar Atreya
27 Sep, 2010
New York City
Stocks in Japan rally after exporters gained following a surge in New York. Export growth slowed in August on the rising yen. Japan alleges that China started drilling at oil site in East China Sea unilaterally breaking the agreement to jointly explore the area.
Chandrasekhar Atreya
27 Sep, 2010
New York City
Sustained gains in the Aussie dollar and improved sentiment in New York trading lifted Australian index to 20-week high. The panel on mining tax schedules meeting with industry in the next month. Nufarm Ltd secures waivers on its banking covenants.
123jump.com Staff
25 Sep, 2010
New York City
The office furniture systems maker net sales rose 17.5% to $380.7 million in the quarter. Net quarterly earnings surged 91.7% to $16.1 million reflecting higher revenues across geographies. Earnings per share grew to 22 cents compared to 14 cents per share in the previous year.
Bikram Pandey
24 Sep, 2010
New York City
U.S. indexes soared more than 2% and gold and silver reached new high. For the week three popular indexes also registered nearly 2%. Stocks reacted to the surprise rise in durable goods orders in August. European markets closed higher after German business confidence.
Bikram Pandey
24 Sep, 2010
New York City
Advanced Micro soared nearly 5% after it lowered the sales outlook but ahead of expectations. Nikes surged after it reported better than expected earnings on 25% increase China orders. KB Home increased after it narrowed quarterly loss.
Arthi Gupta
24 Sep, 2010
New York City
The UK indexes climbed after positive U.S. economic data. Irish trade surplus widened in July. KNOC affirmed 64% shareholders of Dana Petroleum accepted its offer. The FDA restricted sale of GSK''s diabetes drug Avandia and the EMA suspended it.
Arthi Gupta
24 Sep, 2010
New York City
The European indexes advanced after German business confidence rose to record level in September. Euro-zone money market turnover fell in the second quarter. France GDP growth revised up 0.7% in the second quarter. The Swiss National Bank lifted current year Swiss growth forecast to 2.5%.
Arthi Gupta
24 Sep, 2010
New York City
U.S. stocks edged higher after durable goods orders fell 1.3% in August and excluding transportation increased 2%. Petrobras raised $70 billion in public share offering. Nike reported higher earnings on China demand. CSG Systems agreed to buy UK-based Intec for $371 million.
