Darlington Musarurwa
18 Mar, 2010
New York City
The Australian dollar declined after currency traders worried on the growing uncertainty related to bailout structure for Greece. Queensland Gas Company and BOC joint venture to invest in A$100 million LNG plant. Bankwest completed A$620 million asset backed bonds.
123jump.com Staff
18 Mar, 2010
New York City
Stocks edged higher in New York and commodities retained positive bias but crude oil and copper eased at close. President Barack Obama delayed his Asia trip as lawmakers get ready to vote on the healthcare reform bill this Sunday.
Darlington Musarurwa
18 Mar, 2010
New York City
Stocks in Tokyo declined after the yen strengthened against the dollar and euro. Canon, Nikon and Olympus decreased. Real estate developers closed lower after a broker lowered views on the sector.
Mayank Mehta
18 Mar, 2010
New York City
UK stocks traded sideways and the pound edged up against the euro. Tullett Prebon won a judgment against BGC Partners for raiding its worldwide staff. GlaxoSmithKline Plc increased after Novartis left the development of generic drug for asthma treatment to its partner.
Mayank Mehta
18 Mar, 2010
New York City
Greek Prime Minister Papandreou set one week deadline for the Europe led bailout. The euro zone trade swung to a surplus in January. Italy based insurance giant Generali said 2009 profit jumped 52%. HeidelbergCement AG full year profit plunges 91%. Dassault Aviation SA 2009 net declined 18%.
Mayank Mehta
18 Mar, 2010
New York City
GameStop Corp led gainers in the S&P 500 index. GameStop Corp sees profit drop but predicts sales growth in 2010. Nike Inc quarterly profit more than doubles. FedEx earnings surges more than double on higher air cargo revenues from Asia and Europe.
Mayank Mehta
18 Mar, 2010
New York City
The benchmark index in India closed higher with the Sensex trading in the positive territory in 2010. Wholesale inflation index starts its downward trend after food prices increase rise at a slower pace. McNally Bharat wins $39 million coalfield equipment order.
123jump.com Staff
18 Mar, 2010
New York City
Revenues fell 21.5% to $42.0 million and net loss was $12.5 million or 36 cents a share. Gross profit margin as a percentage of revenues was 36.5% compared with 24% in the prior year period. Operating loss of $17.2 million compared to an operating loss of $16.8 million in the prior year period.
123jump.com Staff
18 Mar, 2010
New York City
U.S. stocks traded higher after jobless claims declined and consumer price index was unchanged. Commodities edged higher as the dollar edged up against the euro and the yen. Nike and FedEx quarter net more than doubled.
123jump.com Staff
17 Mar, 2010
New York City
Market indexes in Hong Kong rose more than 1.7% after the U.S. Fed left its lending rate unrevised. Shanghai indexes advanced tracking gains in commodities and resource stocks. Property developers gained for the third day in Hong Kong. Bank of China is to finalize its $7 billion stock sale.
Darlington Musarurwa
17 Mar, 2010
New York City
Stocks and commodities closed higher in Sydney trading. Japanese steelmakers JFE Holdings and Sumitomo Metal Industries agreed to 55% price increase for coking coal for a three-month contract. AWB Ltd lowered profit estimate. David Jones first half sales increased 3%.
123jump.com Staff
17 Mar, 2010
New York City
The market indexes inched higher as investors focused on a decline in wholesale index and Fed
Darlington Musarurwa
17 Mar, 2010
New York City
Stocks in Japan closed sharply higher after the Bank of Japan left its key lending rate at 0.1% and expanded short term lending program to $220 billion. The sharp increase in the program only highlights the difficulties faced by borrowers and bank
123jump.com Staff
17 Mar, 2010
New York City
The Sensex gain of 0.6% lifted the benchmark index in India in the positive zone after dropping nearly 10% in the year. Larsen & Toubro received $250 million order from ONGC. Jaiprakash Associates expects cement business to grow 40% in the next fiscal year.
Mayank Mehta
17 Mar, 2010
New York City
European markets closed higher as stocks in resource, banks and retail sectors lead. Greek benchmark index fell 1.1%, the lone decliner among the eighteen European country indexes. Bourbon SA soared after it estimated better market conditions in the oil exploration and production.
