Mayank Mehta
30 Dec, 2009
New York City
UK stocks decreased following a weakness on commodities prices. The pound and the euro edged lower against the dollar. Panmure Gordon expressed positive outlook for 2010. Segro sold its stake in a joint venture with Tesco to British Land.
123jump.com Staff
30 Dec, 2009
New York City
Banks and retailers were among the most active stocks in New York. Security technology related stocks surged after a failed terrorist attempt to explode a device on a flight. CareFusion declined after the parent Cardinal Health plans to sell more stocks. Trico Marine Services guided earnings lower.
123jump.com Staff
30 Dec, 2009
New York City
U.S. stocks wavered in the morning trading. The dollar firmed after the business activity measure suggested a larger expected increase in December. Gold and crude oil traded lower.
Darlington Musarurwa
29 Dec, 2009
New York City
In weak Tokyo trading stocks traded sideways as banks in Japan look for more capital. Sumitomo Mitsui Financial Group is looking to raise additional capital. Banks in Japan may take ten years before they meet international capital requirements. JAL labour union to accept pension benefit cuts.
Darlington Musarurwa
29 Dec, 2009
New York City
Stocks in Shanghai and Hong Kong gained on the optimism about the economy. Commodities and natural resource related stocks increased. China added 454 tons of gold in the current year, the largest purchase by any nation. China CNR Corp rose 2.3% in its first day of trading.
Darlington Musarurwa
29 Dec, 2009
New York City
Australian stocks gained after commodities and precious metals rallied. Sumitomo Chemical Co. buys 20% stake in Nufarm, dumps Sinochem. Avoca makes unconditional takeover offer of Dioro Exploration.
123jump.com Staff
29 Dec, 2009
New York City
U.S. stocks traded sideways as commodities remained near their multi-year highs. Same store retail sales at stores increased 2.3% in the week ending December 26. The dollar edged higher against the euro and the yen.
Mayank Mehta
29 Dec, 2009
New York City
European markets edged higher with most markets are set to register at least 20% gains in 2009. The DAX index in Germany is up 25%, CAC 40 index is ahead 23% and FTSE 100 index has gained 22%. The broader indexes have gained the most in four years.
Mayank Mehta
29 Dec, 2009
New York City
UK stocks gained for the fifth day in a row as it rebounds to pre-Lehman crisis level and recover 53% from its lows in March. The index is up 22% for the year. Vodafone Group acquired a Turkey based telecom operator. Natural resource stocks lead gainers as copper and metal prices gain.
Mayank Mehta
29 Dec, 2009
New York City
Banks and two mortgage agencies Fannie Mae and Freddie Mac led the most active stocks in New York. Imperial Sugar settles its property insurance claim for $345 million. Resource stocks gained after a rally in copper and sugar. Banks led the most active stocks in New York trading.
123jump.com Staff
28 Dec, 2009
New York City
U.S. stocks pared their early gains in the afternoon. Better than expected holiday sales lifted select retailers. Airlines trended lower after an attempted terrorist attack on December 25. Cal-Maine second quarter net declined 41% and sales fell 4%.
Darlington Musarurwa
28 Dec, 2009
New York City
Australia debt soars to A$1.2 trillion. Glencore International considers IPO. The NSW state extends 50% lowered stamp duty on home purchases for another six months.
Darlington Musarurwa
28 Dec, 2009
New York City
Stocks in Japan and Asia traded higher on improved sentiment and sustained economic recovery in the region. Factory production in Japan increased for the ninth month in a row and the Japan estimated economic expansion in the next fiscal year of 1.4%. The steelmaker JFE Holdings said Asian demand is ahead of capacity.
123jump.com Staff
28 Dec, 2009
New York City
Stocks in Shanghai rose after comments from Chinese Premier Jiabao. China to resist pressures to appreciate the currency and will look for ways to curb the current property market boom. Hong Kong stocks fell after weaker than expected land auction.
123jump.com Staff
28 Dec, 2009
New York City
U.S. stocks trade higher after holiday spending estimate suggested solid retail spending during the holiday season. European and Asian markets advance on the optimism that economies are recovering and the current quarter earnings are better than expected. The dollar held firm but the real edged up.
