123jump.com Staff
23 Dec, 2009
New York City
Australian stocks edged higher after commodities rebounded after better than expected economic data in the U.S. Telstra is looking to sell its stake in China based real estate Web site Soufun.com. Macarthur Coal Limited bids for Gloucester Coal.
Mayank Mehta
23 Dec, 2009
New York City
Stocks in Mumbai surged after Finance Minister Mukherjee lifted fiscal year economic growth to 8%. Jindal Saw secures orders of $240 million. Lupin settles litigation with U.S. based Forest Laboratories to launch generic tablets. Adani Power Ltd subsidiary wins 1,200 mw power bid in Rajasthan.
123jump.com Staff
23 Dec, 2009
New York City
Commodities and crude oil gained and investors bid up resource stocks. Poor weather in many parts of the U.S. may have dampened last minute holiday retail sales. Markets in Europe edged higher and in India surged.
Mayank Mehta
23 Dec, 2009
New York City
Banks and natural resource stocks climbed in Europe after investors turned optimistic. Maurel & Prom SA advanced 4.2% after it discovered oil in Gabon. Vivalis signs a new commercial license in veterinary vaccine field. Bank Sarasin & Cie. AG said it will exceed its lending target this year.
Mayank Mehta
23 Dec, 2009
New York City
UK stocks participated as world markets rebounded. Metals and energy prices advanced in London. Mortgage approvals in November surged to a two-year high. Service industry index declined 0.2% in the three months to October.
Mayank Mehta
23 Dec, 2009
New York City
American Greetings swings to a third quarter gain. Cintas Corp second quarter sales fall 10% and earnings drop 20%. Micron Technology, Inc reports better than expected earnings. Red Hat earnings fall 33% as sales rise. Coal miners Patriot Coal, Peabody and others jump.
Mukesh Buch
23 Dec, 2009
New York City
U.S. stock traded mixed after November new home sales dropped 11.3% and personal income increased 0.4%. Crude oil futures surged 3% after the release of weekly inventory data. India revised its fiscal year economic growth outlook to 8% from 6.5%.
Mayank Mehta
22 Dec, 2009
New York City
Stocks in Australia edged higher after world markets edged up. Commodities prices edged lower. BHP Billiton after the close agreed to sell its nickel mining holdings to its joint venture partner in Philippines. GrainCorp Ltd declined after the company said profits are likely to be lower than estimated. Gold stocks fell on a rebound in the U.S. dollar.
Mayank Mehta
22 Dec, 2009
New York City
Stocks in Japan closed higher after the yen weakened. Semiconductor equipment makers and exporters led the gainers in Tokyo trading. Honda sales in China and Asia set a new record. Isuzu is exploring new diesel engine development with General Motors.
123jump.com Staff
22 Dec, 2009
New York City
Stocks closed higher after the November existing home sales increased at the fastest pace since February 2007. First time home buyers were 51% of sales and distressed or foreclosure sales 33% of total. Gold and other metals decreased.
Mayank Mehta
22 Dec, 2009
New York City
European markets edged higher on the prospects of improved earnings in 2011 and speedier global markets recovery. A.P. Moeller Maersk agreed to pay $1.3 billion to acquire energy fields in the Gulf of Mexico. Areva T&D division received
Mayank Mehta
22 Dec, 2009
New York City
UK GDP decline in the third quarter was revised to 0.2% from the previous estimate of 0.3% and third quarter unemployment rate increased to 7.8%. Hardy Oil and Gas Plc in partnership with Reliance in India discovered third natural gas field in the Bay of Bengal offshore field.
Mayank Mehta
22 Dec, 2009
New York City
Airlines traded higher on the expectations of strong holiday season. Jabil Circuit, Inc swings to fiscal first quarter profit and led the gainers in the outsourcing sector. Navistar International Corp fourth quarter sales declined 15%. China related travel companies declined.
Mayank Mehta
22 Dec, 2009
New York City
Mumbai stocks increased after resource and telecom stocks advanced. Reliance Industries discovered third gas field in Bay of Bengal field that may be as large as the first field of 10 trillion cubic feet. State controlled oil companies will get cash subsidies rather than bonds from the central government.
123jump.com Staff
22 Dec, 2009
New York City
U.S. stocks futures turned lower after the release of third GDP estimate for the third quarter. Weaker than expected inventories and construction investments and higher than expected deceleration in government spending affected the GDP estimate.
