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China Indexes Rebound; Russia Based EuroSibEnergo to List in HK

Nigel Thomas
15 Nov, 2010
New York City

Stocks in China region closed higher but in Hong Kong declined. Russia based OAO EuroSibEnergo is expected to complete its public offering in Hong Kong before the end of the year. The one-month yuan futures weakened but the currency is expected to gain against the dollar in the next three months.

Japan Expands at 3.9%; Mitsubishi UFJ Net Doubles

Marcus Jacob
15 Nov, 2010
New York City

Stocks in Tokyo trading increased after Japan reported faster than expected economic expansion and the yen weakened. The economic growth in the fiscal second quarter increased to annual rate of 3.9% from the revised 1.8% rate in the first. Banks and exporters gained in trading.

Flat Trading in Caribbean Markets

Mukesh Buch
13 Nov, 2010
New York City

Caribbean markets edged lower in a weak trading. For the week the indexes were nearly unchanged. Banks and insurance companies led the most active stocks in trading. World markets declined as commodities fall and inflation in China accelerated.

World Stocks Slide; Gold, Copper, Oil Fall

Nichole Harper
12 Nov, 2010
New York City

World stocks closed declined after resource stocks fell, commodities fell to 18-month low after China reported accelerating inflation. China region indexes plunged more than 5%. Peripheral EU nations

European Markets Face Renewed Sovereign Debt Stress

Bikram Pandey
12 Nov, 2010
New York City

European indexes fell as European leaders discuss renewed threat of sovereign bonds stresses in Ireland and Portugal. Resource stocks also fell on the worries that accelerating inflation in China will bring additional tightening in the world

UK Indexes Close Lower Tracking Weaker Resource Stocks

Nigel Thomas
12 Nov, 2010
New York City

UK stocks closed lower on a weakness in resource stocks. Copper prices declined from the record after China reported accelerating inflation. European leaders discuss renewed threat of sovereign debt stress in the region.

U.S. Movers: Dillard's, D.R. Horton, Nvidia, Disney

Mukesh Buch
12 Nov, 2010
New York City

Dillard''s third quarter revenue decreased to $1.34 billion. D.R. Horton fourth quarter sales fell to $925.7 million. Nvidia Corp. revenue declined 6.6%. Walt Disney fourth quarter revenues decreased 1% to $9.7 billion.

U.S. Indexes Lower After Stocks in China and Asia Plunge

Bikram Pandey
12 Nov, 2010
New York City

U.S. stocks traded lower after markets in Asia plunged and European indexes traded lower. G20 nations meeting failed to produce clear guidelines to set right or tackle rising global financial and trade imbalances. J.C. Penney reported better higher profit.

G20 Nations Stuggles to Tackle Global Imbalances

Devan Biswas
12 Nov, 2010
New York City

G20 nations issued a statement after a meeting of two days that focused on broad issues of global imbalances and failed to show any concrete plans. The leaders deferred to the concrete steps to the next meeting and said the importance of common indicators to track global developments.

India Movers: Autoline, Jamna Auto, Lumax, Man, Rishi Laser

123jump.com Staff
12 Nov, 2010
New York City

Stock in Mumbai slumped. Autoline Industries gained 1.8% after net profit increased 115%. Jamna Auto Industries soared 10.6% after net profit surged 107%. Lumax Auto Technologies increased 4.1% after net profit gained 124.4%. Man Industries advanced 2.7% after net profit surged 710%.

China Indexes Plunge 5% on Inflation Worries; HK Expands at 6.8%

Nigel Thomas
12 Nov, 2010
New York City

Stocks in China plunged on the worries that accelerating inflation will spark another round of bank tightening. The benchmark indexes in Shanghai plunged more than 5%. Hong Kong reported third quarter economic growth at 6.8%.

Stocks in Tokyo Retreat; Mizuho Takes 2% Stake in BlackRock

Marcus Jacob
12 Nov, 2010
New York City

Stocks in Tokyo declined after rising for two days and banks declined. Sumitomo Mitsui Financial and Mizuho Financial revised annual earnings outlook. Mizuho also agreed to take 2% stake in the U.S. based asset manager BlackRock.

World Stocks Fall on Cisco Guidance, Ireland Worries; Record in Copper

Bikram Pandey
11 Nov, 2010
New York City

U.S. stocks declined after Cisco Systems guided lower revenues on weaker sales to governments in Japan, Europe and the U.S. European markets fell on the renewed worries that Ireland and other nations may struggle to repay sovereign debts. Copper closed at a record on the inflation worries in China.

UK Stocks Struggle; Ireland Bond Yields at 9%

Devan Biswas
11 Nov, 2010
New York City

UK stocks and broader indexes fell after investors feared that Ireland and other smaller nations may struggle with bonds repayment. Copper prices closed at a record high on the inflation worries in China. Irish bonds yields rose to 9%.

Insurers, Banks Decline in Europe; Ireland Bonds Losses

Marcus Jacob
11 Nov, 2010
New York City

European markets came under pressure after investors face significant losses linked to Ireland related debts and bonds. The loss worries quickly extended to other struggling nations including Spain, Portugal and Greece. Siemens AG lifted its dividend. Telefonica SA fell on weaker earnings.

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