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U.S. Movers: BJ

Mukesh Buch
17 Nov, 2010
New York City

BJ''s third quarter net sales rose 4.8%. Chico''s net income increased 27%. Sina Corp. net income in the quarter surged 87%. Target earnings in the quarter rose 23% to $535 million. Warner Music Group fourth quarter total revenues decreased 13%.

UK Indexes Higher; Jobless Claims Fall

Arthi Gupta
17 Nov, 2010
New York City

The UK indexes rose after jobless claims unexpectedly dropped in October. The BoE policy makers split three ways for second month. The UK pledged support for Ireland. Experian first-half net rises.

Ireland Debt Package in Works; European Indexes Gain

Arthi Gupta
17 Nov, 2010
New York City

The European indexes advanced after the European Union confirmed support to Ireland. Euro area construction output fell in September. S&P lowered Cyprus sovereign debt ratings. Spain GDP remained unchanged in the third quarter and Sweden home prices rose in October.

U.S. Housing Starts Fall; CPI Rises 0.2%; GM IPO

Arthi Gupta
17 Nov, 2010
New York City

U.S. stocks declined after housing starts fell more than expected and the consumer price index rose in October and mortgage applications dropped as rates rose. GM boosted IPO size by 31% to 478 million shares. Sara Lee won European approval to sell business units to Unilever.

FTSE Falls 2%; Inflation Soars; Home Prices Rise

Arthi Gupta
16 Nov, 2010
New York City

The UK indexes dropped after inflation accelerated in October and home prices rose in September. RBS agreed to sell

European Indexes Slump; Euro-zone Inflation Accelerates

Arthi Gupta
16 Nov, 2010
New York City

The European indexes declined on concerns of possible policy tightening measures from China. Euro-zone inflation accelerated in October. German economic sentiment rebounded in November. French non-farm payrolls rose in the third quarter. Vivendi net plunged 38%.

U.S. PPI Rises 0.4%; Home Depot, Wal-Mart Earnings Up

Arthi Gupta
16 Nov, 2010
New York City

U.S. stocks fell amid speculation that China will raise interest rates and PPI rose 0.4% in October. GM lifted IPO price range between $32.00 and $33.00 a share. Juniper Networks agreed to buy Trapeze Networks for $152 million. Wal-Mart net rose 9% on strong international sales.

U.S. Stocks Struggle, Bond Yields Rise; World Markets Higher

Bikram Pandey
15 Nov, 2010
New York City

U.S. stocks struggled to hold gains after retail sales increased more than expected in October. The dollar advanced and gold and silver closed lower. Japan reported stronger economic expansion. European officials meet to discuss various options to quell rising debt distress in peripheral nations.

U.S. Movers: Bucyrus, Isilon, EMC, Lowe

Mukesh Buch
15 Nov, 2010
New York City

Amtech Systems fourth quarter net revenue surged three-fold. Diana Shipping third quarter revenue increased to $71.61 million. Lowe

UK Trading Focuses on Commodities, Ireland Debt

Nigel Thomas
15 Nov, 2010
New York City

UK stocks closed higher as commodities recovered. However, traders looked to the meeting of EU ministers tomorrow that is expected to discuss Ireland banking and debt crisis. Irish bonds have declined for thirteen days in a row.

European Index Higher; MAN, Scania, Axa Up

Bikram Pandey
15 Nov, 2010
New York City

European markets closed up but not before oscillating in the day as Ireland and EU discuss emergency loan measures. Indexes in the European region gained between 0.4% and 1.3%. Euro zone deficit with the rest of the world increased to

U.S. Retail Sales Rise 1.2%; Caterpillar, EMC in Deals

Devan Biswas
15 Nov, 2010
New York City

U.S. stocks and dollar edged higher after two large deals totaling $10 billion were announced. October retail sales increased more than anticipated and lifted the indexes in early trading. General Motors and nine other companies are expected to raise $12.5 billion in public offerings this week.

Ireland, EU in Emergency Loan Talk; Greece Deficit Revised to 127% of GDP

Nigel Thomas
15 Nov, 2010
New York City

Ireland and peripheral nation in the EU remained in focus ahead of EU officials meeting in Brussels tomorrow. Ireland is expected to receive as much as 100 billion in loans and guarantees as early as this week in a plan coordinated by the EU and the IMF. Eurostat revised deficit estimates of Greece.

India Movers: Gammon, HPCL, Pantaloon, Reliance Capital, Tata Steel

Mukesh Buch
15 Nov, 2010
New York City

Stock in Mumbai rose. Gammon India slipped 2.3% after net profit fell 45.5%. HPCL rose 2.5%. Pantaloon decreased 3.3% net profit declined 60%. Reliance Capital declined 3% after net profit plunged 28%. Tata Steel rose after it swung to net profit.

India Expects 9% Growth; Supreme Court Demands Vodafone Deposit

Bikram Pandey
15 Nov, 2010
New York City

Stocks in Mumbai increased after Finance minister Pranab Mukherjee said that in the short term economy will expand at 9%. The rupee edged lower and the latest data on the inflation showed a declined. Tata Steel swung to net profit.

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