Chandrasekhar Atreya
05 Oct, 2010
New York City
The benchmark index in Australia in a volatile trading closed lower as the RBA left key interest rate on hold. The rates have been left unchanged for the fifth time this year. Vehicle sales and job ads rise in September, while retail sales growth slows in August.
Bikram Pandey
04 Oct, 2010
New York City
U.S. stocks steadily declined in the session as automakers sales, factory orders and pending home sales contracts increased. The dollar gained and commodities wavered but traded near recent highs. European markets declined ahead of barrage of economic reports this week.
Bikram Pandey
04 Oct, 2010
New York City
U.S. stocks traded lower ahead of earnings season and a week filled with economic releases. Ford Motor Company traded higher after a surge in auto sales. Dynamex soared after it agreed to go private. Resource and tech stocks declined on higher dollar. Casino operators traded higher.
Arthi Gupta
04 Oct, 2010
New York City
The UK indexes dropped after construction activity rose unexpectedly in September. The Confederation of British Industry urged for stringent rules to prevent industrial strike action. EKF Diagnostics completed acquisition of Quotient Diagnostics. Robert Edwards awarded Nobel for Medicine.
Arthi Gupta
04 Oct, 2010
New York City
The European indexes declined after euro area investor confidence improved in October and PPI slid to 3.6% in August. Spanish unemployment rate increased and consumer confidence index fell in September. Sanofi-Aventis launched hostile bid for Genzyme.
Arthi Gupta
04 Oct, 2010
New York City
U.S. stocks traded lower in the early trading and automakers report rising sales. Two airlines, United and Continental finalized merger to form the largest airline in the world. Agrium received Australian approval to acquire AWB. Microsemi agreed to acquire Actel for $430 million.
Chandrasekhar Atreya
04 Oct, 2010
New York City
Indian stocks closed higher but declined from the highs. Rupee closed at five-month high and automakers reported a surge in sales in September. India
Chandrasekhar Atreya
04 Oct, 2010
New York City
In a volatile trading the Nikkei index closed lower and banks led the decliners. Market has been worried that the revised capital guidelines will force banks to raise more capital sooner than expected. Japan and Mongolia agree to develop mines for industrial metals and rare earth metals.
Chandrasekhar Atreya
04 Oct, 2010
New York City
The benchmark index in Australia gained 1.1% after falling for four days in a row. RBA is set to announce its rate decision after two-day meeting that ends tomorrow. Australian dollar reaches a two-year high against the greenback. Australian regulators approve AWB purchase by Canada based Agrium.
Bikram Pandey
01 Oct, 2010
New York City
A rise in personal income and spending lifted U.S. stocks but the dollar continued its decline. Metals and oil closed higher on the dollar weakness and the currency fell against the euro for the fourth day in a row. Markets in Europe retained negative bias but indexes in Asia generally closed up.
Bikram Pandey
01 Oct, 2010
New York City
Accenture Plc soared more than 5% after quarterly net surged 75%. Christopher & Banks Corporation after quarterly same store sales increased 1%. Whirlpool Corporation declined after the company lowered its annual earnings outlook.
Arthi Gupta
01 Oct, 2010
New York City
The UK indexes gained after manufacturing sector growth slackened in September and housing equity injections rose in the second quarter. Irish manufacturing sector contracted in September but retail sales increased in August. BP agreed to pay $15 million fine for environmental violations.
Arthi Gupta
01 Oct, 2010
New York City
The European indexes fell after euro-zone manufacturing fell in September and unemployment in the region stayed at elevated level. German manufacturing activity growth decelerated and French growth was at five-month high. Rio Tinto Alcan agreed to invest $140 million in Icelandic smelter.
Arthi Gupta
01 Oct, 2010
New York City
U.S. stocks gained after manufacturing in China expanded and sustained foreign investments in India. Personal spending in the U.S. rose more-than-expected in August. Sinopec agreed to invest $7.1 billion in Repsol
123jump.com Staff
01 Oct, 2010
New York City
Stocks in Mumbai traded sharply higher after the international agencies and brokers lifted economic growth outlook on better than expected monsoon. The domestic auto sales surged in August. Exports and imports increased in the months and current account deficit tripled in the first fiscal quarter.
