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European Indexes Gain as Ministers Discuss Bailout Alternatives

Arthi Gupta
18 Jan, 2011
New York City

The European indexes gained after finance ministers resolved to strengthen the region''s rescue fund and German economic sentiment index improved in January. Spain industrial orders surged in November. Axel Springer agreed to buy SeLoger.com for

U.S. Stocks Fall; Comerica Acquires Sterling Bancshares

Arthi Gupta
18 Jan, 2011
New York City

U.S. indexes fell and Apple CEO Steve Jobs sought medical leave. The IEA raised oil demand forecast for 2011. Massmart approved proposed acquisition by Wal-Mart. Comerica agreed to acquire Sterling Bancshares in $1 billion all-stock deal. Danaher sold Pacific Scientific business for $685 million.

Sensex Gains 1% on TCS, GAIL Earnings; India Leads Infrastructure Deals

Chandrasekhar Atreya
18 Jan, 2011
New York City

Stocks in Mumbai rallied more than 1% following sharply higher earnings from TCS, GAIL and Bajaj Finance. India led the global project finance deals at $81.4 billion in 2010.

Shanghai Gains; Record M&A Deals in China

Chandrasekhar Atreya
18 Jan, 2011
New York City

Shanghai stocks stayed little changed after dipping to a 15-week low on Monday. M&A activities surge 27% to more than $200 billion and FDI soars 17.4% to $105.74 billion in 2010. Profits at state-run enterprises soars 37.9% to 1.99 trillion yuan.

Nikkei Gains; Gazprom, Japan in LNG Plant Deal in Vladivostok

Chandrasekhar Atreya
18 Jan, 2011
New York City

Japanese stocks rallied to push the Topix index up for the first time in three days. Toyota Motor resumes production at 11 plants after heavy snowfall on Monday. Russia based OAO Gazprom appoints Japan to construct a LNG plant near Vladivostok.

Sydney Stocks Rebound, Coal Surges 5%; Victoria Evacuations

Chandrasekhar Atreya
18 Jan, 2011
New York City

Stocks in Sydney rebounded with a rise in financials, material and energy stocks. Australia appoints a business task force to help Queensland recover from flood ravages. Brisbane returns to normal slowly, Victoria starts evacuations. Prices of thermal coal rises 5% as mines struggle to restart.

UK Home Prices Rise; BP Alliance with Rosneft Raises Questions

Arthi Gupta
17 Jan, 2011
New York City

The UK indexes fell after home prices rose in January. Rolls-Royce agreed to supply gas turbines and waterjets to the U.S. Navy. BP formed alliance with Russia-based Rosneft and also won four Australian deepwater licenses.

European Finance Ministers Meet Today; Fitch Lowers Greece Ratings

Arthi Gupta
17 Jan, 2011
New York City

The European indexes traded sideways ahead of the European finance ministers meeting in Brussels. Fitch lowered Greece ratings to junk. OPEC lifted global oil demand growth forecast for 2011. VimpelCom Board approved deal with Wind Telecom.

U.S. Rally Lifts Indexes to 30-month Highs; AIG Repays $21 Billion to Fed

Bikram Pandey
14 Jan, 2011
New York City

U.S. stocks closed higher for the seventh week in a row and two popular benchmarks the Dow and the S&P are near 30-month high. Financials rallied on the back of earnings from JPMorgan and AIG repaid $21 billion to the Fed. Gold declined after China lifted bank reserve requirements.

U.S. Movers: Coinstar, JPMorgan, Goldman Sachs and Intel

Mukesh Buch
14 Jan, 2011
New York City

AT&T estimates pre-tax charged $2.7 billion in the fourth quarter. American Capital priced public offering at $28 per share. Intel Corp. fourth quarter revenue rose 8% to $11.46 billion. JPMorgan fourth quarter total revenue rose 13% to $26.1 billion.

UK Home Prices Decline; BAE Acquires Norkom for

Arthi Gupta
14 Jan, 2011
New York City

The UK indexes dropped as inflation increase and a private estimate suggested economic growth of 1.6% in 2010. Output price inflation increased and home prices declined in December. BAE Systems agreed to acquire Norkom for

Euro-zone Inflation Accelerates 2.2%, SAP Surges 6.6%

Arthi Gupta
14 Jan, 2011
New York City

The European indexes slid after euro-zone inflation crossed ECB threshold in December. Many European nations including German reported a rise in inflation. Hungarian industrial output soared in November.

U.S. Retail Sales, CPI Rise; JPMorgan Net Surges 47%

Arthi Gupta
14 Jan, 2011
New York City

U.S. stocks fell after China lifted reserve requirement ratio again. U.S. retail sales and consumer prices rose in December but less than expected. Intel expressed confidence about the outlook and JPMorgan earnings soared. The SEC to probe sovereign wealth funds transaction.

Sustained Slide in Sensex in India on Inflation Worries

Chandrasekhar Atreya
14 Jan, 2011
New York City

Stocks in Mumbai fell 1.8% on Friday and 4.34% for the week. A sustained elevated inflation may force central bank to lift rates. Steel Authority of India net dropped 34% in third quarter. The Food Security Bill is termed as unworkable by the expert committee.

Shanghai Stocks Decline 1.3%; CNPC Net Surges 30%

Chandrasekhar Atreya
14 Jan, 2011
New York City

Shanghai stocks drop to their lowest level in ten days led by commodities and banks. Shougang Group shuts its steel plant in Beijing to cut air pollution levels. CNPC says its net profit for 2010 surged by 30%. China overtakes U.S with the largest installed wind power capacity.

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