Arthi Gupta
22 Jul, 2010
New York City
U.S. stocks rebounded after eBay profit soared 26%. Federal Reserve Chairman Ben Bernanke said that the outlook for the economy is ""unusually uncertain."" President Barack Obama signed into law the Financial Regulation Reform Bill. U.S. weekly jobless claims rise 37,000 to 464,000. GM agrees to acquire AmeriCredit for $3.5 billion.
Arthi Gupta
22 Jul, 2010
New York City
The European markets advance after better-than-expected economic data in the region. The IMF approves
Arthi Gupta
22 Jul, 2010
New York City
SLM Corporation led the decliners in the S&P 500 index with a loss of 0.09%. 3M net income rises 43% and boost profit outlook. Baidu''s second quarter profit jumps 118.5%. Xilinx profit spikes as sales rise 58%. ABB''s second quarter profit declines 8%. AT&T profit climbs 25% in second quarter.
Arthi Gupta
22 Jul, 2010
New York City
The UK indexes rose boosted by an increase in retail sales. The BoE Chief Economist Dale notes growth and inflation outlook bleak. The UK retail sales rise 0.7% and car production increases in June.
Arthi Gupta
21 Jul, 2010
New York City
Reckitt Benckiser agrees to acquire SSL International in a deal valued at
Arthi Gupta
21 Jul, 2010
New York City
The UK indexes gained and the BoE left key interest rate at 0.5%. The UK public sector employment may drop in the next six months. Dana increases strategic position offshore Nile delta. Reckitt Benckiser agrees to acquire SSL for
Mayank Mehta
21 Jul, 2010
New York City
Harley-Davidson, Inc. led gainers in the S&P 500 index with a rise of 13.6%. Apache to offer 21 million shares of common stock and $1.1 billion of mandatory convertible preferred stock. Juniper posts higher profit on 24% gain in sales. Apple earnings soar in third quarter. Yahoo net rises 51%.
Arthi Gupta
21 Jul, 2010
New York City
The European markets rose after Apple Inc. reported quarterly earnings growth of 78%. Fitch Ratings expresses concern over European funding conditions. The Swiss National Bank estimates loss in euro investments in the first half of 2010. EU is close to finalizing an aid of
Arthi Gupta
21 Jul, 2010
New York City
U.S. stocks trade higher after Apple Inc. third quarter net soared 78%. U.S. Senate extends unemployment benefits. IBM completes acquisition of BigFix. BP agrees to sell North America and Egypt asset deals with Apache.
Chandrasekhar Atreya
21 Jul, 2010
New York City
Stocks in Mumbai gained for the first time in three days. NMDC plans to invest $5 billion in capacity expansion. Hindustan Media ventures closed 8% higher on its first day of trading. MMTC rises after fixing record date for stock-split and bonus.
Chandrasekhar Atreya
21 Jul, 2010
New York City
Stocks in China region rallied for the third day in a row. State-owned companies first half profit surges 62%. China pledges to develop clean energy. Initial public offering in China raised record amount in the first half. China lifts the ban on yuan-dominated brokerage accounts in Hong Kong.
Chandrasekhar Atreya
21 Jul, 2010
New York City
Stocks in Japan fell after a stronger yen hurt export growth. The BOJ official says increasing financial market volatility is hurting the nation. Mitsubishi UFJ plans to acquire more U.S. banks. Toyota is subpoenaed again in U.S. Heat wave in Japan increases power demand.
Chandrasekhar Atreya
21 Jul, 2010
New York City
Stocks in Australia rallied and traded higher. BHP Billiton fourth quarter iron ore output increases 16%. NSW Treasury Corp sells 20-year new bonds at 6%. Conquest Mining receives offers from two Chinese companies for 100% of its concentrate. Sundance shares resume trading.
123jump.com Staff
20 Jul, 2010
New York City
U.S. stocks struggled but stayed positive in the session despite the sharp fall in earnings at Goldman Sachs and continued weakness in the housing market. Yields on 10-year U.S. Treasury bonds hovered near 2.9%. European markets fell for the fifth day in a row.
Arthi Gupta
20 Jul, 2010
New York City
The UK indexes trade lower after telecommunications stocks and banks led the decline. British Chancellor George Osborne aims at simplifying the UK tax system. The BoE reported net lending contracted in May. The UK public sector net borrowing declined but gross mortgage lending rose in June.
