Arthi Gupta
31 Aug, 2010
New York City
The UK indexes slid after consumer confidence rose in August. The UK M4 money supply growth eased, mortgage approvals rose and lending fell in July. Endeavour International agreed to sell Cygnus asset for $110 million.
Chandrasekhar Atreya
31 Aug, 2010
New York City
The benchmark index in Australia fell more than 1% ignoring positive economic data and tracked losses in Japan and international markets. Retail sales and building approvals rise in July. Gross operating profits at companies rises in second quarter. Perth records the second driest winter on record.
Arthi Gupta
31 Aug, 2010
New York City
The European markets declined after euro-zone inflation eased to 1.6% in August. The euro area unemployment rate rose to a twelve-year high in July. The OECD annual inflation increased in July. German jobless rate remained stable at 7.6% in August.
Chandrasekhar Atreya
31 Aug, 2010
New York City
Stocks in Japan plunge to the year-to-date low and for the month dropped 7.5%. Industrial output, retail sales, and housing starts rise in July. JAL submits a rehab plan to the court. Monthly wages increased 1.3% in July.
Chandrasekhar Atreya
31 Aug, 2010
New York City
Stocks in China region fell after a report said personal incomes fell in the U.S. Profits of large and midsize steelmakers in China slumped in July. First half profits at Guangzhou Auto surged three-fold.
Chandrasekhar Atreya
31 Aug, 2010
New York City
India reported GDP in the fiscal first quarter ending in June expanded at the fastest rate in ten quarters. The growth in manufacturing and mining industries led the expansion as exports growth trailed the domestic consumption.
Arthi Gupta
31 Aug, 2010
New York City
U.S. stocks trade lower on worries of slowdown in global economic recovery. Obama urged Senate to approve small business bill. HSBC finalized auto loan portfolio to Santander for $3.56 billion. Hewlett-Packard agreed to pay $55 million to settle kickbacks case.
Bikram Pandey
30 Aug, 2010
New York City
U.S. stocks traded lower after person income and spending data were lower than estimated. Talks of more stimulus and emergency lending from the Bank of Japan lifted market indexes in Japan. Wheat surged on weather conditions in Europe.
Mukesh Buch
30 Aug, 2010
New York City
U.S. stocks edged lower after the personal income declined and spending rose. Hewlett Packard increased 3% after board approved $10 billion share buyback plan. Cogent Inc soared 20% after 3M agreed to acquire the company. UAL Corp and Continental gained after the merger approval.
123jump.com Staff
30 Aug, 2010
New York City
The women''s specialty retailer quarterly sales grew 3% to $483.47 million on comparable sales rise of 6.1%. Net quarterly income was $18.61 million. The company earned 31 cents a share versus a loss of 32 cents a share in the year-ago quarter and estimates third quarter sales to be $495 million.
Arthi Gupta
30 Aug, 2010
New York City
The European indexes gained after euro-zone confidence rose in August. UK home prices fell at the fastest pace in sixteen months in August. Inflation index in Spain rose 1.8% in August. Genzyme rebuffed Sanofi-Aventis
Chandrasekhar Atreya
30 Aug, 2010
New York City
Stocks in Mumbai rallied on the gains in Asian and international markets. India plans to triple port capacity in a decade. Apparel exports falls in July for the third month in a row. India was the biggest loan recipient from World Bank in the last fiscal year.
Arthi Gupta
30 Aug, 2010
New York City
U.S. stocks fell after personal spending rose 0.4% in July. Intel agreed to acquire Infineon''s Wireless Solutions Business for $1.4 billion. Genzyme rejected Sanofi-Aventis'' $69 a share offer. 3M agreed to buy Cogent for $943 million. HP raised 3PAR bid to $30 per share.
Chandrasekhar Atreya
30 Aug, 2010
New York City
Stocks in China gained after the U.S. Federal Reserve Chairman made positive comments and showed willingness to expand balance sheet to purchase more Treasury bonds or housing loans. Profits at industrial companies in China soar in the first seven months. Baoshan Iron & Steel net surges 11-fold.
Chandrasekhar Atreya
30 Aug, 2010
New York City
Stocks in Japan rallied after Bank of Japan in an emergency meeting decided to expand its funding and offer 10 trillion yen in short term loans. The move came under pressure from the government to stem the recent gains in the yen. Domestic passenger car output in July gained 15%.
