Mayank Mehta
27 Aug, 2009
New York City
Stocks in Mumbai increased after the revival of monsoon and rising capital spending by government and private sector companies. Tata Steel swung to a loss. Automakers are gearing up for the festival season with the expectations of higher sales. Bharti- MTN talks progress.
123jump.com Staff
26 Aug, 2009
New York City
Stocks in cautious trading edged higher ahead of national election and two economic reports. The benchmark index is hovering at stretched valuation ahead of reports on inflation and unemployment. The DJP party is leading in polls ahead of national election on Aug 30. Toyota lowers production target.
Mukesh Buch
26 Aug, 2009
New York City
U.S. stocks traded sideways after the release of durable goods orders, new home sales and weekly inventory reports. European markets decreased but hovered near 10-month high. Crude oil declines and natural gas tradees near seven-year low. European markets edge lower on weak metals and commodities.
Mayank Mehta
26 Aug, 2009
New York City
Australian stocks edged higher as international markets closed up. The positive sentiment was further bolstered by a surge in earnings at Macarthur Coal. Westfield surged after it reported a net loss but guided stable property values and said it does not need additional capital.
Mayank Mehta
26 Aug, 2009
New York City
Stocks in Mumbai edged higher as companies report new export orders. IT and auto sector stocks edged higher. Large order fuels Aban Offshore. Tech Mahindra in demand after new order win. NTPC gains on a likely government support in the natural gas dispute with Reliance Industries.
123jump.com Staff
27 Aug, 2009
New York City
The pet products and services retailer net quarterly sales grew 5.4% to $1.3 billion on comparable store sales rise of 0.8%. Net quarterly income rose 4.6% to $39 million as a result of lower taxes and an increase in sales. Earnings per share was 31 cents versus 30 cents a year-ago quarter.
Mayank Mehta
26 Aug, 2009
New York City
European markets edged lower on a weakness in miners and commercial banks. Natixis surged on the expectations of profit in the third quarter. Continental AG said it repaid
Mayank Mehta
26 Aug, 2009
New York City
UK stocks declined after the flood of weak earnings. The benchmark index edged lower after surging to new highs in three of the last six days of trading. Antofagasta declined after first half earnings fell. Tullow Oil, Premier Oil and Cairn Energy fell on the weak sentiment in the resource stocks.
Mayank Mehta
26 Aug, 2009
New York City
Torchmark Corporation led the decliners in the S&P 500 index with a loss of 3.8%. Brown Shoe Company reported second quarter net loss. Dollar Tree comparable same store sales increased 6.8%. Bridgepoint Education files for secondary offering.
123jump.com Staff
26 Aug, 2009
New York City
Intuit fourth quarter revenue declined marginally to $475.77 million as revenues remained flat but costs and expenses rose. Net loss for the quarter rose 14.2% to $70.7 million. Losses per share were 22 cents against 19 cents in the year ago quarter.
123jump.com Staff
26 Aug, 2009
New York City
The farm equipment maker net quarterly sales and revenues dropped 24% to $5.9 billion. Net quarterly profit declined 27% to $420 million hurt by lower shipment, production volumes and the unfavorable effects of foreign exchange. Earnings per share slipped to 99 cents from $1.32 a year-ago quarter.
123jump.com Staff
25 Aug, 2009
New York City
Stocks in Tokyo declined after surging more than 3% in the previous session. In weak trading resource stocks, exporters and trading companies and automakers closed lower. Sony released electronic book reader with access to one million titles.
123jump.com Staff
25 Aug, 2009
New York City
Australian stocks declined after surging on Monday. Suncorp-Metway and Foster
Mukesh Buch
25 Aug, 2009
New York City
U.S. market indexes closed to a new high after reports on consumer confidence and home price. Crude oil and natural gas prices decreased. Stocks in China decreased after comments from Chinese Premier. European markets edged higher on telecom and industrial stocks.
Mayank Mehta
25 Aug, 2009
New York City
European markets edged higher for the sixth day in a row and major indexes are trading at high for the year for the last eleven months. German and French market indexes advanced for the fourth day in a row. Calyon, a unit of Credit Agricole SA is seeking $1.7 billion in damages from IKB Deutsche.
