ticker

U.S. Stocks Slide; Goldman Net Falls

Arthi Gupta
20 Jul, 2010
New York City

U.S. stocks decline after Goldman Sachs reported an 82% decline in earnings. U.S. housing starts fall in June. Obama presses the U.S. Senate for extension of unemployment benefits. Goodrich and Mubadala Aerospace sign agreement to form landing gear joint venture in Abu Dhabi.

Sensex Drops; HDFC Bank Net Surges

Chandrasekhar Atreya
20 Jul, 2010
New York City

Stocks in Mumbai declined on mixed earnings. HDFC Bank first quarter net surges. Sesa Goa gains on strong first quarter result. Steel Authority plans to develop a deep water port on the east coast. Cropscience surges on the talks of property sale.

Sydney Rallies; Tropicana Gold Gets EPA Approval

Chandrasekhar Atreya
20 Jul, 2010
New York City

Stocks in Australia rallied and traded higher. Aberdeen plans to start a real estate-focused fund. Asia Iron gets regulator approvals to sell stake to China based CCMDIL. Iluka Resources

Nikkei Slips; Toyota Faces Prius Suit

Chandrasekhar Atreya
20 Jul, 2010
New York City

The benchmark index in Tokyo fell more than 1% on the weakness in the U.S. housing market. Toyota faces a patent suit in the U.S. for its hybrid car engine technology. Nissan resumes production at two plants in the U.S. Fast-Retailing and Toray sign a five-year agreement.

China Region Stocks Rally; Energy Use Surges

Chandrasekhar Atreya
20 Jul, 2010
New York City

Stocks in China region rallied more than 2% for the second day in a row. China

Builders Confidence Fall, U.S. Stocks Rise

123jump.com Staff
19 Jul, 2010
New York City

U.S. stocks extended gains in the late trading despite fall in home builders confidence drop to one-year low. European markets decline on the bank stress test worries. Gold fell and crude oil closed nearly unchanged.

BP Cleanup Costs Soar, UK Stocks Fall

Arthi Gupta
19 Jul, 2010
New York City

The UK indexes fall and Tomkins received a takeover proposal. Moody''s downgrades the Ireland sovereign debt on bleak growth outlook. The UK home prices decline in July and retail sales soar in London in June. BP oil spill clean-up costs rise to $3.95 billion.

Boeing, Quicksilver Gain; AIG, Hasbro Drop

Mayank Mehta
19 Jul, 2010
New York City

Tomkins plc led gainers in the S&P 500 index with a rise of 32.6%. Delta swings to a profit and forecasts revenue growth. Halliburton net income rises 83%. Hasbro profit climbs on cost cuts and revenue drops. India based Reliance Industries in talks to buy a stake in Quicksilver.

European Indexes Fall; Euro-zone Deficit Widens

Arthi Gupta
19 Jul, 2010
New York City

European stocks fall after International Power and GDF Suez SA renews negotiations for a combination of certain assets. Euro-zone construction output declines and current account deficit widens in May. The IMF rejects Hungary

Healthscope, Nokia Siemens Deal Lift Sentiment

Arthi Gupta
19 Jul, 2010
New York City

U.S. stocks trade higher after a significant sell-off on Friday. Moody''s downgrades the Ireland sovereign debt. The Carlyle Group and TPG Capital agree to acquire Healthscope for $2.7 billion. Nokia Siemens agreed to acquire wireless network infrastructure assets of Motorola for $1.2 billion.

Sensex Falls; India

Chandrasekhar Atreya
19 Jul, 2010
New York City

Stocks in Mumbai fluctuated and closed lower. Trade deficit widens in first quarter. Canara Bank net zooms. Reliance Com shares jump on the speculation of stake sale to Etisalat. Torrent Pharma gets tentative US regulatory approval.

Sydney Declines; Elections on Aug 21

Chandrasekhar Atreya
19 Jul, 2010
New York City

Stocks in Australia track lower after U.S. indexes plunged more than 2.5% on Friday. Prime Minister Gillard sets August 21 for the general election. U.S private equity funds Carlyle and TPG win the takeover of Healthscope. Dampier Gold begins subscription for its initial public offering.

China Stocks Rally; Oil Spill near Dalian

Chandrasekhar Atreya
19 Jul, 2010
New York City

Stocks in China rose and in Hong Kong fell. Export growth may drop 50% or more in the second half of the year says a government agency. Ford Motor starts construction of assembly plant in Nanchang. Explosion at Dalian New Port leads to an oil spill.

U.S. Indexes Drop 2.5%, BofA Drops 9%

123jump.com Staff
16 Jul, 2010
New York City

U.S. stocks dropped sharply after General Electric, Google and Bank of America led the decliners. The market indexes dropped more than 2.5% after Bank of American estimated higher credit card charges and said industry may have under estimated.

UK Indexes Rise; BP Surges

Arthi Gupta
16 Jul, 2010
New York City

The UK indexes trade higher after BP successfully halted flow of oil into the Gulf of Mexico. BP begins well integrity test on the MC252 well. The UK first quarter construction output drops. Ireland Central Bank Governor stresses capital requirement needs will be met by banks.

Market Update