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Shanghai Rallies; New Home Sales Rebound

Chandrasekhar Atreya
07 Sep, 2010
New York City

Stocks in China rallied led by steel makers after the government ordered the closure of energy inefficient mills. Home buying momentum rebounds after effects of property curbs wear off. China is set to become the world

Nikkei Falls after 4-Day Rally; Reserves Rise

Chandrasekhar Atreya
07 Sep, 2010
New York City

Stocks in Japan declined after rising for four days in a row as Bank of Japan left its key lending rate at 0.1%.The rates are on hold since December 2008. Foreign exchange reserves rise in August to $1.07 trillion, third month of increase and to the second highest on record.

Gillard Leads Minority Coalition; Rates on Hold

Chandrasekhar Atreya
07 Sep, 2010
New York City

Stocks in Australia stayed little changed after the central bank extended its interest rate pause. Prime Minister Julia Gillard gets the support needed to form a minority government. Construction activity remained weak in August.

Markets in Asia, Europe Close Higher

Devan Biswas
06 Sep, 2010
New York City

Markets in Europe closed fractionally higher and in Asia surged tracking gains in New York. Commodities closed higher in London and the dollar edged higher against the euro. Gold edged lower. Euro zone investor confidence index declined. China said the dollar is 65% of its foreign reserves.

UK Manufacturing, Orders Up

Arthi Gupta
06 Sep, 2010
New York City

The UK indexes rose after manufacturing output and orders soared in the third quarter. The UK new car registrations fell in August. Renewable Energy agreed to sell German wind farms for

German Construction Index, Czech Sales Up

Arthi Gupta
06 Sep, 2010
New York City

The European markets gained after German construction index surged in August. The IMF Chief Economist estimated weak economic growth in the U.S. and Europe. Euro-zone investor confidence declined, Finland auto sales increased but Czech retail sales declined.

India Production of Suzuki to Surpass Japan

Chandrasekhar Atreya
06 Sep, 2010
New York City

The benchmark index in India soared 1.8% tracking gains in international markets. Maruti Suzuki plans to expand production in India as the domestic market continues to expand. Tamil Nadu based temple plans to insure its gold reserves for $11 billion. Birla Group plans to double alumina capacity.

China Stocks Rally; Foreign Reserves Breakdown

Chandrasekhar Atreya
06 Sep, 2010
New York City

Stocks in China region rallied more than 1.8% tracking gains in the U.S. indexes after the release of jobs data. China released its foreign reserve holdings with 65% held in the U.S. dollar and 26% in the euro. PetroChina gets approval for doubling its refining capacity.

Nikkei Rallies 2%; Diffusion Index Drops

Chandrasekhar Atreya
06 Sep, 2010
New York City

Stocks in Japan gained more than 2% and in a 4-day rally on positive job data from the U.S. Small cars sales dominate in August as Prius made by Toyota leads domestic sales for the fifteen month in a row. Economic diffusion index falls for the first time in 2010 in August.

Sydney Rallies; Job Ads Rise in August

Chandrasekhar Atreya
06 Sep, 2010
New York City

Stocks in Australia rallied after job ad placements in August rose. The placements climbed 2.6% in August. Woolworth plans to sell A$900 million of its retail sites and lease them back. Derivatives

Deere & Company Q3 Earnings Call Transcript

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

The farm equipment maker revenues increased 16% to $6.837 billion in the quarter. Net income in the quarter surged 47% to $617.0 million. Earnings per share soared to $1.44 compared to 99 cents per share, for the same period last year.

Akamai Technologies Q2 Earnings Call Transcript

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

The Internet applications and content delivery solutions provider revenue increased 20% to $245.3 million in the quarter. Net quarterly income rose 6% to $38.1 million. Earnings per share grew to 20 cents versus 19 cents per share in the year-ago period.

Indexes in U.S and Europe Rise Above 1%

Bikram Pandey
03 Sep, 2010
New York City

U.S. indexes gained more than 1% and added between 2.4% and 3.6% in the week. The better-than-expected private sector job additions and an increase in hours worked and hourly rates also contributed to the sentiment. Fed Chairman said he failed to see the structural weakness in financial system.

Stocks Rise on Private Sector Jobs Gains

Bikram Pandey
03 Sep, 2010
New York City

U.S. stocks gained after the release of better than expected jobs report in August. Private sector added jobs in the month and the additions for June and July were revised higher.

Take-Two Interactive, H&R Block Surge

Devan Biswas
03 Sep, 2010
New York City

H&R Block Inc surged 7% after it operated smaller operating loss. Campbell Soup Co declined after it estimated annual earnings at the low end of the range. Take-Two Interactive Software Inc soared more than 10%. Employment agencies surged after unemployment data.

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