123jump.com Staff
06 Apr, 2010
New York City
Fed minutes of meeting noted economic recovery may be hampered by high unemployment and tight lending conditions. The dollar, metals and commodities closed higher. Investors bid up U.S. Treasury $40 billion bond auction with the yield spreads tightening.
123jump.com Staff
06 Apr, 2010
New York City
Resource stocks closed higher in Shanghai trading after international metals prices increased. Poly Real Estate Group Co acquires land parcel for $100 million. China Construction Bank Corp plans to raise as much as $11 billion. Hong Kong markets are scheduled to reopen today.
Darlington Musarurwa
06 Apr, 2010
New York City
Reserve Bank of Australia raised its key lending rate by 25 basis points to 4.25%. Australian job ads rise 1.8% in March. Peabody revised its offer of Macarthur Coal to A$3.6 billion.
123jump.com Staff
06 Apr, 2010
New York City
Rising yen dragged shippers, electronics and automakers after rising for three days in a row. Index of economic conditions improved in February. U.S. regulators proposed to fine Toyota Motor of $16.4 million.
Mayank Mehta
06 Apr, 2010
New York City
The UK benchmark index closed at a 21-month high and the pound declined 1%. UK Prime Minister Gordon Brown scheduled national election on May 6. Virgin Money attracts
Mayank Mehta
06 Apr, 2010
New York City
European markets closed higher but Greek benchmark index decreased 2%. Greek bond yields surged to 11-year high on the unfounded rumors that the nation is looking to change bailout terms with the EU and the IMF. Renault SA and Daimler AG are in partnership talks. SeaDrill Ltd of Norway surges.
123jump.com Staff
06 Apr, 2010
New York City
Massey Energy Company led the decliners in the S&P 500 index with a loss of 9.2%. Teekay Tankers Ltd announces public offering. CA Inc plans to cut 1,000 jobs. El Paso Corp receives FERC approval for Ruby Pipeline.
Mayank Mehta
06 Apr, 2010
New York City
Stocks in Mumbai closed flat as the rupee hovered near 19-month high. International investors continue to add exposure to India stocks. NTPC Ltd, the largest power generator plan to invest $5 billion to quadruple capacity.
123jump.com Staff
06 Apr, 2010
New York City
U.S. stocks in the early trading edged lower and the euro declined. U.S. Treasury is scheduled to sell $40 billion of 3-year bonds today. Copper traded lower after rising to 20-month high but crude oil hovered near 17-month high.
123jump.com Staff
06 Apr, 2010
New York City
The BlackBerry maker fourth quarter revenue increased 18% to $4.08 billion and earnings grew 37% to $710.1 million riding on strong sales of its smartphones and better than expected subscriber additions. Earnings per share were $1.27 as compared to $0.90 for the year-ago quarter.
123jump.com Staff
06 Apr, 2010
New York City
Revenues fell 8.1% to $28.2 million and net loss was $4.45 million or 11 cents a share. Restaurant operating expense as a percentage of restaurant net sales was 70.2% compared with 68.5% in the 2008 quarter. Operating loss was $3 million compared to $2.1 million operating loss a year ago.
Mayank Mehta
05 Apr, 2010
New York City
Stocks in Tokyo traded higher after U.S. employment in March increased. Steelmakers, electronics exporters and automakers led the gainers. Japanese bond yields rose tracking the gains in the U.S. Treasuries. Fast Retailing dropped 11% after March same store sales plunged 16.4%.
123jump.com Staff
05 Apr, 2010
New York City
U.S. stocks closed higher after employment in March increased. U.S. Transportation Secretary Ray LaHood proposed the highest civil fine of $16.4 million against Toyota Motor for hiding sudden acceleration problem. Ten-year Treasury yields reach 4% for the first time in ten months.
Mayank Mehta
05 Apr, 2010
New York City
Stocks in India closed higher as investors took optimistic view on the economic growth and soon to be released earnings. The U.S. Treasury Secretary Timothy F. Geithner is scheduled to meet Prime Minister Manmohan Singh to expand economic partnership between the two countries.
Mayank Mehta
05 Apr, 2010
New York City
Apple Inc traded higher after it sold 300,000 iPads on the first day of launch. Arena Resources soared after it agreed to a buyout at $40 a share from SandRidge Energy. Tesoro Corp dropped 6% after a refinery blast.
