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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.

UK Construction Orders Plunge

Arthi Gupta
03 Sep, 2010
New York City

The UK indexes rose after service sector continued to expand for the sixteenth successive month in August. The UK construction orders slumped in the second quarter and net reserves rose in August.

Europe Indexes Rise on Retail Sales, Services

Arthi Gupta
03 Sep, 2010
New York City

The European indexes advanced after euro area retail sales climbed in July and service sector growth rose to a three-month high in August. Novartis discovered compound for treatment of drug-resistant malaria. Carnegie acquired HQ Bank and HQ Fonder.

U.S. Unemployment Rate at 9.6%

Arthi Gupta
03 Sep, 2010
New York City

U.S. stocks rose after non-farm payrolls fell 54,000 in August. Emerson completed acquisition of Chloride for $1.5 billion. Goldcorp agreed to buy Andean Resources for C$3.6 billion. Disney and Time Warner Cable signed deal for digital video services.

Mumbai Stocks Trade Sideways

Chandrasekhar Atreya
03 Sep, 2010
New York City

Stocks in Mumbai traded sideways. Bajaj Auto reported record monthly August sales. Motorcycles and auto sales surged in August as consumers take advantage of low interest rates. HPCL plans to invest in a crude oil refinery in Raigad, Maharashtra.

Shanghai Land Acquisitions Quadruples in August

Chandrasekhar Atreya
03 Sep, 2010
New York City

Stocks in China fell but in Hong Kong rallied near close. Land acquisitions almost quadruple in Shanghai in August. Ping An plans to consolidate its banking arm. GM

Weekly Rise in Japan in Five Weeks

Chandrasekhar Atreya
03 Sep, 2010
New York City

Stocks in Japan rallied for a third day this week and close up in a week in more than a month. Capital expenditure in the quarter to June declined. August monetary base rises in Japan. U.S. auto sales of Toyota dropped 34% and Honda plunged 33%.

Weekly Gain of 4% in Sydney

Chandrasekhar Atreya
03 Sep, 2010
New York City

Stocks in Australia rallied to push the weekly gain of 4%. New vehicles sales rose 12.1% in August. Qantas loses it appeal against a Federal Court ruling. Newcastle port has longer waiting list of ships to be loaded.

U.S. Stocks Rise Ahead of Jobs Report

Bikram Pandey
02 Sep, 2010
New York City

U.S. stocks searched for direction after weekly jobless claims fell and the index pending home sales increased in July. Europe left its rate on hold and Sweden raised rates. Stocks in Japan and Asia closed higher. Burger King agreed to go private and Hewlett Packard won the bid for 3PAR.

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