ticker

Telefonica

Arthi Gupta
28 Sep, 2010
New York City

The European indexes traded sideways after French consumer spending declined in August. German consumer sentiment surged in October. Sweden retail sales unchanged in August. Telef

U.S. Stocks Up; Endo, Qualitest Deal

Arthi Gupta
28 Sep, 2010
New York City

U.S. stocks open higher. President Obama signed small business bill into law. The ADB raised Asia growth forecast to 8.2% TransDigm agreed to buy McKechnie Aerospace for $1.27 billion and Endo Pharmaceuticals agreed to acquire Qualitest Pharmaceuticals for $1.2 billion.

Rupee Retains Momentum; IRB Infra Offering

Chandrasekhar Atreya
28 Sep, 2010
New York City

Indian stocks dropped marginally. SCI signs contract with China based company fo four bulk carriers. IMF will conduct mandatory checks of India

China Property Market Worries Drag Indexes

Chandrasekhar Atreya
28 Sep, 2010
New York City

The property market worries continue to stay in focus of stock investors. Stock indexes in Shanghai fell after investors worried that tighter restrictions may be needed to cool property markets. The benchmark index in Hong Kong declined more than 1%. Xinjiang Goldwind launched its HK offering.

Nikkei Drops 1.1%; Honda Output Up 25%

Chandrasekhar Atreya
28 Sep, 2010
New York City

Stocks in Japan dropped after most companies traded ex-dividend today. Japan said it will seek compensation from China for damage to patrol vehicles in the collision case. Toyota starts giving cash incentives for minivan purchases.

Australia Rail Project Threatened; Stocks Fall

Chandrasekhar Atreya
28 Sep, 2010
New York City

Shares in Sydney fell moderately after a 7-day rally. ASX fines MF Global for two separate breaches. Waratah rail project is derailed on the prospect of banks withdrawing financing. Striking workers at Xstrata

Deals of $5 Billion Fail to Spark U.S. Stocks

Bikram Pandey
27 Sep, 2010
New York City

U.S. stocks traded sideways after Unilever and Southwest Airlines announced deals. The European indexes declined after euro-zone growth slowed and UK home prices fell. Commodities prices traded at elevated levels and the dollar declined.

Alberto-Culver, AirTran, Wal-Mart Rise

Bikram Pandey
27 Sep, 2010
New York City

Alberto-Culver soared 20% after it agreed to be acquired by Unilever. AirTran Holdings soared 59% after Southwest Airlines offered $1.37 billion. Wal-Mart made a preliminary offer to South Africa based retailer Massmart. Jewelry retailer Zale Corp declined 3%.

Weak UK Home Prices; 3i Group, HgCapital Deals

Arthi Gupta
27 Sep, 2010
New York City

The UK indexes traded sideways after home prices fell to record lows in September. HgCapital agreed to sell 63.5% stake in Visma to KKR for $1.9 billion. 3i Group agreed to buy Mizuho Investment Management for

Euro Area Growth Slows; Money Supply Soars

Arthi Gupta
27 Sep, 2010
New York City

The European indexes fell after euro-zone growth slowed but private sector credit and money supply growth increased. IMF approved

Sensex Rises; Rupee at 4-Month High

123jump.com Staff
27 Sep, 2010
New York City

Indian stocks and rupee advanced more than 4% in the month as foreign investors step up equity investments. Rupee traded below 45 to a dollar. BPCL plans to expand refining capacity, acquire overseas energy assets and build power plants. Reliance and ONGC receive extension for drilling in KG blocks.

U.S. Stocks Up; Unilever, Albert-Culver Deal

Arthi Gupta
27 Sep, 2010
New York City

U.S. stocks gained after Unilever and Wal-Mart announced deals. China levied import duties on U.S. chicken. Unilever agreed to buy Alberto-Culver for $3.7 billion. Cal-Maine Foods swings to first quarter profit.

Stocks Rally in Shanghai; China-Russia Pipeline

Chandrasekhar Atreya
27 Sep, 2010
New York City

Stocks in Shanghai and Hong Kong rally following a surge in international markets. Profits at companies climb 55% in the first eight months of the year. The $25 billion oil-for-loan program is expected start the flow of oil today from Russia to China.

Nikkei Gains 1.4%; Export Growth Slows

Chandrasekhar Atreya
27 Sep, 2010
New York City

Stocks in Japan rally after exporters gained following a surge in New York. Export growth slowed in August on the rising yen. Japan alleges that China started drilling at oil site in East China Sea unilaterally breaking the agreement to jointly explore the area.

Nikkei Gains 1.4%; Export Growth Slows

Chandrasekhar Atreya
27 Sep, 2010
New York City

Stocks in Japan rally after exporters gained following a surge in New York. Export growth slowed in August on the rising yen. Japan alleges that China started drilling at oil site in East China Sea unilaterally breaking the agreement to jointly explore the area.

Market Update