123jump.com Staff
30 Oct, 2009
New York City
Stocks in Mumbai traded lower. Bharti Airtel revenues and profit declined as the mobile telecom market matures and price competition escalates. RIL slips on fourth consecutive fall in quarterly profit. Unity Infraprojects gains on a new building contract.
Darlington Musarurwa
30 Oct, 2009
New York City
Stocks in Shanghai and Hong Kong surged on the back of a rally in New York and Europe. Markets in Asia closed higher. Stronger than expected earnings at banks bolstered the sentiment and loans surge. Vice Premier Li Keqiang said that the economy is expected to rise 8% in the current year.
123jump.com Staff
30 Oct, 2009
New York City
Japan unemployment increased to 5.3% in September and consumer prices declined 2.2% from a year ago in the month. Nikon Corp increased after it lifted its outlook. Takeda Pharmaceuticals after its first half income surged. Sumitomo Trust & Banking first half net fell 33%.
123jump.com Staff
30 Oct, 2009
New York City
Australian stocks tracked higher as the markets in Asia gained on the rise in New York and Europe. Macquarie Group first half net dropped 21% as write-offs related to bad loans surged to A$414 million. Sims Metal Management first half net plunged 77%.
Darlington Musarurwa
29 Oct, 2009
New York City
Stocks in China region declined on the worries that tighter lending rules will hurt the nascent recovery and property markets. Real estate developers and banks closed lower. PetroChina reported third quarter net fell 24%. Nine Dragons Paper plunged 11% on the plan to raise capital.
Darlington Musarurwa
29 Oct, 2009
New York City
Stocks in Japan closed lower tracking losses in Europe and New York. Industrial production gained for the seven month in a row in September with a rise of 1.4%. Hino Motors sales dropped 39% and slipped into a loss in the first half. Advantest Corp reported a wider loss on 64% plunge in sales.
Darlington Musarurwa
29 Oct, 2009
New York City
Australian stocks dropped sharply tracking losses in New York and Europe. ANZ full year profit drops 11% to A$2.9 billion. Woodside Petroleum commences its expensive exploration in Western Australia. Flight Centre Ltd gained after management guided higher revenues.
Mayank Mehta
29 Oct, 2009
New York City
The wholesale price index increased at a faster pace. Reliance Industries reported fourth quarterly net decline in a row. ONGC net increased 5.8%. The largest property developer DLF Ltd net dropped 80%. Mahindra & Mahindra gained after reporting sharply higher earnings. NDTV reported quarterly loss.
123jump.com Staff
29 Oct, 2009
New York City
European markets closed higher. Henkel AG reported better than expected earnings. Deutsche Bank earnings nearly tripled in the third quarter. Alstom SA anticipates more orders for power plants in the second half. AXA and BASF report weak earnings.
Mayank Mehta
29 Oct, 2009
New York City
Llyods Banking Group is in advanced stage of discussion with the UK Treasury that may permit the bank to raise as much as
Mukesh Buch
29 Oct, 2009
New York City
U.S. economic expansion in the third quarter was embraced by markets around the world. Canada, Europe and Latin American markets regained more than the losses of yesterday. Energy and metals prices surged.
Darlington Musarurwa
29 Oct, 2009
New York City
U.S. stocks gained after the release of third quarter economic expansion. The surge in the economic was supported by personal consumption, a rise in exports, inventory investments and federal spending. Oil, natural gas and precious metals advanced.
Mayank Mehta
29 Oct, 2009
New York City
First Solar, Inc led the decliners in the S&P 500 index with a loss of 17.3%. Affiliated Managers Group third quarter profit increased 72%. Aetna Inc beats analyst expectations. Owens-Illinois, Inc third quarter profit jumps 61% on cost cutting.
Darlington Musarurwa
28 Oct, 2009
New York City
Stocks in Japan fell as investors digested barrage of negative earnings and lowered forecasts. Canon reported its seventh quarterly net decline. Toshiba revised its estimate of first half loss higher. Nomura swung to a first half profit from a year ago. Retail sales in September declined 1.4%.
Darlington Musarurwa
28 Oct, 2009
New York City
Stocks in China region were mixed but traded with a downward bias. Hong Kong government plan to contain real estate priced dragged stocks lower. Airlines gained after three leading carriers return to a quarterly profit. Angang Steel dropped 6% after it estimated as much as 50% fall in annual profit.
