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U.S. and World Stocks Higher; Dubai Bailout

Mukesh Buch
14 Dec, 2009
New York City

The U.S. benchmark indexes traded higher in the early morning led by a rise in tech stocks. Oracle offered a revised proposal to acquire Sun Microsystems. Exxon Mobil offered $31 billion for XTO Energy. Abu Dhabi offered $10 billion emergency funding to the troubled real estate conglomerate in Dubai.

Stocks Look for Direction in Commodities Markets

123jump.com Staff
11 Dec, 2009
New York City

U.S. stocks gained on better than expected retail sales. Resource stocks rallied on the steady demand from China. Import price index increased on the rise in fuel prices. Crude oil and gold futures declined but gold and other commodities increased.

Tokyo Index Surges 2.5% on Weaker Yen

Mayank Mehta
11 Dec, 2009
New York City

The benchmark index in Tokyo surged 2.5% as the yen fell against the dollar. Automakers, electronics exporters and heavy machinery makers rallied. Banks declined. The consumer confidence index declined in November as respondents worry about job loss.

Australian Indexes, Dollar Rise on China Data

Mayank Mehta
11 Dec, 2009
New York City

The Australian benchmark index gained after China reported strong economic data driven by a rise in domestic demand. Commodities in the region gained. Australian dollar traded higher against major international currencies.

India, Japan Trade Accords; Jindal Power IPO

Mayank Mehta
29 Dec, 2009
New York City

Japan and India signed several agreements as Prime Minister Hatoyama concludes his 3-day trip to India. Japan expects to make several billion dollars of investment to develop Delhi- Mumbai investment corridor. Jindal Power Ltd files to raise $1.5 billion.

Copper Surges, Sugar Soars; U.S. Stocks Advance

123jump.com Staff
29 Dec, 2009
New York City

U.S. stocks inched higher in the morning trading. Copper led the gainers in commodities trading as Chilean workers strike and Chinese economy expands at a faster pace than the targeted 8% rate. Sugar surged to twenty year high and copper jumped more than 2%.

Retail Sales Expectations Lift U.S. Stocks

123jump.com Staff
28 Dec, 2009
New York City

U.S. stocks traded higher as holiday retail sales estimates showed an increase. Apparel retailers and online retailers edged higher. World markets edged higher after China estimated higher economic growth and Japan signaled its first economic expansion in two years. Oil, gold and the dollar gained.

European Markets Advance

Darlington Musarurwa
28 Dec, 2009
New York City

European markets closed higher on the estimates of higher retail sales in the holiday period. Renewable energy companies gained after China approved legislation. Oil and commodities processors advanced on larger than targeted economic expansion in China.

European Markets Advance; K+S Offering

Mayank Mehta
11 Dec, 2009
New York City

European markets closed higher. Club Mediterranee posts fiscal-year loss. Thales SA plans to save

UK PPI Rises; Dragon Oil REjects ENOC Bid

Mayank Mehta
11 Dec, 2009
New York City

UK stocks wavered but closed higher. The producer price index increased 2.9% in November. Carillion gained 2% after it estimated sales increase of 10%. Resource stocks generally traded higher after China reported a surge in industrial activities.

Retailers JC Penney, Saks Rise, IMS Falls

Mayank Mehta
11 Dec, 2009
New York City

Resource stocks gained after commodities prices increased on the hopes that Chinese industrial growth will sustain the world demand. Christopher & Banks surged after less than expected quarterly sales decline. Retailers gained after government reported higher sales in November. NCR Corp increased on a broker upgrade.

Industrial Output Up in India; IPOs in Demand

123jump.com Staff
11 Dec, 2009
New York City

Finance Minister Mukherjee said that government is likely to meet its tax revenue collection target for the current fiscal year on higher direct tax collection. The Lok Sabha approved additional $5.5 billion in spending. Industrial output jumped 10.3% in October.

Resource Stocks Lead Gainers in New York

123jump.com Staff
11 Dec, 2009
New York City

U.S. stocks open higher after commodities and energy prices inch ahead in the early trading. November retail sales increased 1.3% from the revised October sales of 1.1%. November import price index increased 1.7% driven by a surge of 7.3% in fuel prices. Resource stocks trade higher in New York.

Sara Lee Sells Ambi Pur to P&G

123jump.com Staff
11 Dec, 2009
New York City

Procter & Gamble agreed to acquire Ambi Pur and toilet care products from Sara Lee Corp for

Stocks in New York Track World Markets Gains

Mukesh Buch
11 Dec, 2009
New York City

Markets in Asia closed higher and in Europe traded up at mid-day. Stocks in New York are expected to open higher after Chinese industrial production and retail sales surged more than expected. Commodities in New York and London trade higher on China demand.

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