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European Markets Fall after 6-Day Rally

Arthi Gupta, Mayank Mehta and Sanjay Barot
14 Jul, 2010
New York City

The European markets pared six sessions of gains after financial stocks declined. German Chancellor Angela Merkel says credible fiscal consolidation vital for self-sustaining growth. Euro-zone inflation eases to 1.4% and industrial output rises 0.9% in May.

U.S. Retail Sales; Import Prices Fall

Arthi Gupta, Mayank Mehta and Sanjay Barot
14 Jul, 2010
New York City

U.S. stocks gain after Intel reported encouraging quarterly sales. U.S. retail sales fell 0.5% and import prices dropped 1.3% in June. BP stalls well integrity test after U.S. presses for additional analysis. U.S.-based Zumiez discontinues talks to acquire Canadian-based West 49.

Nikkei Surges 2.8%; Trade Surplus Shrinks

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
08 Jul, 2010
New York City

Japanese stocks rallied after the U.S. retail sales were ahead of expectations. Trade surplus shrinks for the first time in May and machine orders slips in the month. Toyota plans to add more quality control staff in the U.S. and Canada.

Nikkei Retreats after 3-Day Rally

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
07 Jul, 2010
New York City

Stocks in Japan fell on weaker than expected U.S. service industry expansion. Softbank Corp leads new mobile services subscriber additions in June. Nissan Motor said waiting period for some auto models surged to five months in Thailand. Sony slashes E-Reader prices.

Nikkei Gains; Production, Retail Sales Fall

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
06 Jul, 2010
New York City

Stocks in Japan rallied tracking gains in China and other Asian markets. The coincident index shows that factory production and retail sales dropped marginally in May. Elpida Memory Inc is planning to cut debts and buy assets after it expects to post record profits in the year.

Nikkei Gains; Toyota Recall Expands

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
05 Jul, 2010
New York City

Stocks in Japan traded higher after loan restrictions were eased in an Osaka Prefecture. Toyota starts recalling certain luxury car models in Japan to fix engine problem. Daiwa Securities agreed to buy the convertible bond and Asia derivative business from KBC Grope NV.

Nikkei Drops 5.5% in the Week

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
02 Jul, 2010
New York City

Stocks in Japan closed higher but for the week declined 5.5%. The benchmark index Nikkei is hovering near 19-year low. Toyota recalled Lexus cars sold in Japan to rectify defective valve. Japanese U.S. auto sales increase lagged Korean makers in June.

Stocks in Japan Decline for Seventh Day

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
01 Jul, 2010
New York City

The decline in stocks continued for a week in Japan and Asia as investors question the health of global economy. Slowing manufacturing in China was the latest addition to these worries. However, Bank of Japan

Foreign Fund Flows to India

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
09 Jul, 2010
New York City

The benchmark index in Mumbai closed at a three week high on better than expected earnings and positive comments on telecom stocks. Reliance Power completed financing for its 4,000 MW project in Andhra Pradesh. HCL Infosystems buys 60% in NTS Group for about $6.5 million.

Sensex Surges in Earnings Outlook

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
08 Jul, 2010
New York City

Mumbai stocks surged on the time arrival of monsoon rains and rising earnings expectations. The IMF lifted global economic outlook. Private estimates expect economic growth in India to increase to 8.5% from 7.4% in the previous year.

Sensex Declines; $3 B Delhi Terminal

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
07 Jul, 2010
New York City

Stocks in Mumbai fell the most in four days led by ICICI Bank. NMDC plans to build a new pipeline for iron ore in Chattisgarh. Reliance calls for contractors to explore for onshore oil and coal bed methane. Bharti promises $600 million telecom investment in Nigeria.

Unilever Q1 2010 Earnings Call Transcript

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

Sales rose 6.3% to $10.1 billion an net income rose 33% to $973 million or 34 cents a share. Underlying volume growth for the quarter accelerated to 7.6%. Gross margin was up by 240 basis points. Underlying operating margin This improved by 60 basis points.

Sensex Gains 1%; Widespread Rains in India

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
06 Jul, 2010
New York City

Stocks in Mumbai rallied 1% after monsoons rains spread to the rest of India. Cairn India crosses 100,000 barrel per day production mark in Mangala oilfield. MTNL rises on demand for reimbursement of spectrum fee. Ashok Leyland lifts truck sales guidance.

India Lifts Rates; Reliance Power, RNRL Merger

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
05 Jul, 2010
New York City

Stocks in Mumbai traded lower after the central bank lifted the key interest rate on Friday. Service industry index rises to a two-year high in June. Reliance Natural Resources merges with Reliance Power. Hindustan Media Ventures IPO opens for subscription.

Sensex Slips; RCom Acquires Digicable

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
02 Jul, 2010
New York City

Stocks in Mumbai traded lower. Reliance Communication acquires Digicable in all stock deal. Reliance Power gains after the U.S. based Exim Bank approve $600 million loan. Kesoram board approves $300 million expansion of its cement plant. Indraprastha Gas soars after raising PNG price.

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