Arthi Gupta
14 Sep, 2010
New York City
U.S. stocks gained after retail sales rose 0.4% and budget deficit narrowed to $90.5 billion in August. MedAssets agreed to buy Broadlane Group for $850 million. Churchill Downs agreed to acquire Harlow''s Casino Resort & Hotel for $138 million.
Chandrasekhar Atreya
14 Sep, 2010
New York City
Stocks in Mumbai gained for a sixth trading day and the index is up 21% in the last four months. India starts reporting inflation series from August. Rupee strengthens for a fourth day in a row. Wind power maker, Suzlon plans expansion in China.
Chandrasekhar Atreya
14 Sep, 2010
New York City
Stocks in China region traded marginally higher after in a volatile trading searching for a direction. Sales of new homes in Shanghai rose for the third week in a row and home loans dropped for the first time in August. First half investment in seven strategic industries surges 67%.
Chandrasekhar Atreya
14 Sep, 2010
New York City
Stocks in Japan dropped marginally after yen hovered near the 15-year record high. The ruling party elected Naoto Kan ending the two month of uncertainties. New condo sales in Tokyo surged 18.5% in August and increased in western Japan.
Chandrasekhar Atreya
14 Sep, 2010
New York City
Stocks in Australia gained moderately led by mining stocks. Business confidence index surged to a 4-month high in August but still below the record in July a year ago. Wheat output and exports are estimated to surge on good rains. Gillard takes oath as Prime Minister.
Devan Biswas
13 Sep, 2010
New York City
U.S. stocks closed higher on better than expected economic data from China. Crude oil gained more than 0.8% and the dollar edged lower against most currencies. Banks in Europe are preparing to raise more capital. The yield on 10-year U.S. bonds may decline below 1.8%.
Devan Biswas
13 Sep, 2010
New York City
Banks traded higher after watered down Basel III will take longer than expected to implement stricter capital guidelines. ArcSight Inc soared nearly 25% after it agreed to be acquired by Hewlett Packard. Tower Watson & Co declined on an offering.
Arthi Gupta
13 Sep, 2010
New York City
The UK indexes gained after mortgage lending rose modestly in July. BAE Systems contemplated sale of platform solutions business. BP acquired interest in South China Sea. PZ Cussons plc advanced 1.8% after it reaffirmed annual outlook.
Arthi Gupta
13 Sep, 2010
New York City
The European indexes soared after the ECB lifted the euro-zone 2010 GDP growth to 1.7%. The Basel Committee unveiled tighter guidelines for bank capital reserves. French current account deficit shrank in July.
Chandrasekhar Atreya
13 Sep, 2010
New York City
Stocks in Mumbai gained for a fifth day and surged more than 20% since late May. The sharp gain in industrial production and improving sentiment in Asian trading also contributed to the sentiment. PowerGrid scheduled its $3.5 billion IPO in November.
Arthi Gupta
13 Sep, 2010
New York City
U.S. stocks trade higher after sharply higher industrial production and consumer demand in China. Industrial production in India also surged. The Basel Committee unveiled tighter guidelines for bank capital reserves. Hertz and Dollar Thrifty and LabCorp and Genzyme Genetics agreed to merger.
Chandrasekhar Atreya
13 Sep, 2010
New York City
Stocks in Japan gained for the third trading day in a row after China reported better than expected economic data. Japan launched global positioning satellite. Incubator Bank of Japan resumes operations at select branches. Tepco plans to invest in Japan Nuclear Fuel to recycle spent fuel.
Chandrasekhar Atreya
13 Sep, 2010
New York City
Larger than expected industrial production increase in China and sustained consumer demand in August lifted stock indexes in Hong Kong and Shanghai. Industrial production increased 13.9% and retail sales surged 18.4%. However, inflation perked up to 3.5%. Crude processing declines for the third month in a row in the month.
Chandrasekhar Atreya
13 Sep, 2010
New York City
Stocks in Australia gained after a positive economic data from China and the Australian dollar gained. Rio Tinto seeks permission to expand bauxite operations in Queensland. The number of LNG floating projects in the northern waters is expected to surge.
123jump.com Staff
11 Sep, 2010
New York City
The lifestyle specialty retailer net sales rose 20% to $552.0 million in the quarter. Net quarterly income soared 46% to $71.7 million driven by double-digit revenue growth across all of its brands. Earnings per share grew to 42 cents compared to 29 cents per share in the year-ago quarter.
