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Japan Bond Futures Surge on European Debt Crisis

Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
06 May, 2010
New York City

Japanese stocks tumble. Tokyo office vacancy rate rises to record in April. Japan

Australian Retail Sale Slows; Dollar Falls

Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
06 May, 2010
New York City

The Australian dollar falls as retail sales growth slows. Banpu Pcl, the Thai coal producer buys 14.9% stake in Centennial Coal Limited. Brambles Ltd expects sales for fiscal 2010 to be flat.

World Markets Decline on Euro Worries

123jump.com Staff
05 May, 2010
New York City

Stocks in New York and Europe declined as protests turn violent in Greece and investors fear debt worries spreading to Spain and Portugal after a rating agency placed Portugal

Violent Protests in Greece; Euro Slides

Arthi Gupta, Mayank Mehta and Sanjay Barot
05 May, 2010
New York City

European market indexes declined for the second day on the growing contagion worries in the region. The euro dropped to one-year low. Euro area retail sales were unchanged in March. Lafarge posts profit on asset sale. Societe Generale SA reports better-than-expected earnings.

Stocks Decline in UK; Prudential Delays Offering

Arthi Gupta, Mayank Mehta and Sanjay Barot
05 May, 2010
New York City

UK construction expands at the fastest pace in April and the EC raises the nation

Shanghai Index Rises; HK Index Falls

Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
05 May, 2010
New York City

Stocks in Hong Kong fell sharply following losses in global markets. However, stocks in Shanghai rebounded. Short sales interests on Chinese stocks rose to the highest level in 26 months. PetroChina Co begins construction of refinery in the Northwest China to increase capacity three-fold.

InterMune, Garmin, News Corp Drop

Mayank Mehta
05 May, 2010
New York City

News Corporation led the decliners in the S&P 500 index with a loss of 9%. IntercontinentalExchange profit rises. Garmin first quarter profit falls to $37 million. Time Warner first quarter net rises 10%. InterMune plunges 77% after it fails to win FDA approval.

Interactive Data Agrees to Leveraged Buyout

Chandrasekhar Atreya
05 May, 2010
New York City

Interactive Data Corp agreed to be acquired by private funds managed by Silver Lake and Warburg Pincus for $3.4 billion or $33.86 a share. The sale raises the prospect that Pearson Plc, 61% stake holder in the company may sell Financial Times.

Sensex in India Tracks Lower

Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
05 May, 2010
New York City

Stocks in Mumbai traded lower tracking losses in global markets. Coal India prepares for the largest initial public offering in India. Jindal Steel & Power quarterly net increased 7%. Jagaran Prakashan may bid for Mid-day Multimedia.

Australian Home Approvals Rose 15.3%

Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
05 May, 2010
New York City

Stocks in Australia decline following world markets sell-off. Australian home building approvals increased 15.3% in March. Westpac Banking Corp. profit in the first half soars 32% to A$2.88 billion.

Eaton Corp. Q1 2010 Earnings Call Transcript

123jump.com Staff
05 May, 2010
New York City

Sales up 10.7% to $3.1 billion and net income was $155 million or 91 cents a per share. Operating income of $0.95, excluding the non-cash Medicare Part D charge of $0.14 it would have been $1.09. operating cash flow was a negative $162 million, but that

U.S., Europe Indexes Drop, Athens Riots

Arthi Gupta, Mayank Mehta and Sanjay Barot
05 May, 2010
New York City

U.S. stocks trade lower as Portugal face debt downgrade and demonstrations in Athens turn violent. Job cuts decline across the U.S. Dollar Thrifty reviews the offer from Avis. Time Warner quarterly profit better than expected. XL Capital first quarter profit declines.

Sharp Drops in U.S., Europe, Brazil Indexes

Arthi Gupta, Mayank Mehta and Sanjay Barot
04 May, 2010
New York City

Market indexes in New York and Europe dropped more than 2% and the euro fell below $1.30 as investors fear larger bailout for Spain. Fears of wider contagion in Europe rattled stocks, bonds, currencies and commodities. China reported slower increase in manufacturing.

European Indexes Sell-off; Spain in Focus

Arthi Gupta, Mayank Mehta and Sanjay Barot
04 May, 2010
New York City

European stocks decline amidst lingering concerns of financial crisis spreading to Spain and Portugal. The producer price index rises 0.9% in March. UBS posts better-than-expected earnings. Adidas Group increases 2010 financial outlook while Lufthansa loss widens.

UK Pound Falls; Pearson Agrees to Sell IDC

Arthi Gupta, Mayank Mehta and Sanjay Barot
04 May, 2010
New York City

U.K. stocks trade lower led by declining mining stocks on weak commodities prices and on sharply higher Australian taxes on resource companies. Pearson Plc agrees to sell IDC for $3.4 billion. Aberdeen Asset Management profits soar. BP Plc starts new well to cap Gulf leak.

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