ticker

Sensex in India Surges 1.7%

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
21 Jun, 2010
New York City

Stocks in Mumbai traded higher across all sectors after the government permitted life insurance companies to issue policies linked to stocks. Saudi construction firm agrees to buy stake in Maytas Infra. Bonus issue plans at Orbit Corporation and Tata Tea lifted stocks.

U.S. Stocks Up; Yuan Band to Widen

Arthi Gupta, Mayank Mehta and Sanjay Barot
21 Jun, 2010
New York City

U.S. stocks traded higher after China allowed the yuan to trade more freely against the dollar. U.S.-based Corn Products agrees to buy National Starch unit for $1.3 billion and Valeant agreed to merge with Biovail.

U.S., Global Stocks, Gold Rise

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

U.S. stocks traded sideways as global markets remain flat. BP Plc management faced penetrating questions about its safety record in the Gulf of Mexico as U.S. lawmakers increase pressure on the oil giant. Commodities traded mixed and gold raced to record high.

Amylin, Covanta Rise; Adolor, Coinstar Decline

Mayank Mehta
18 Jun, 2010
New York City

Amylin Pharmaceuticals, Inc. led gainers in the S&P 500 index with a rise of 14.3%. Tutor Perini awarded three contracts totaling $467 million. Strike shuts Toyota part supplier in China.

UK Money Supply, Borrowings Decline

Arthi Gupta, Mayank Mehta and Sanjay Barot
18 Jun, 2010
New York City

The UK indexes rose on optimistic economic data. The broadest measure of money supply decreased by

European Market 8-Day Streak Continues

Arthi Gupta, Mayank Mehta and Sanjay Barot
18 Jun, 2010
New York City

European markets continue to rise after eight sessions of straight gains. German producer prices rise 0.3% in May. Spanish bank Banco Santander

Greenspan Warns of Inflation

Arthi Gupta, Mayank Mehta and Sanjay Barot
18 Jun, 2010
New York City

U.S. stocks trade sideways as global markets retain positive bias. Private equity fund controlled by KKR agrees to buy Japanese recruitment firm Intelligence for $356 million.

PanAust Finds Gold; Sydney Stocks Up

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

Stocks in Australia rallied after a bond sale by Spain eased concerns about Europe

Stricter Consumer Lending in Japan

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

Stocks in Japan fell after stricter loan rules came into effect from today. The ruling party of Japan releases its election manifesto. Minutes of the meeting held by Bank of Japan on May 20 noted European markets instability.

HK Stocks in 8-Day Rally

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

Hong Kong stocks continued its rally to the eighth day after a Spanish bond sale ease concerns about Euro-zone debt crisis. World Bank releases its quarterly report on China. Strike extends to a parts plant of Toyota in China. China Vanke says no change in development plans.

Sensex Gyrates; Reliance in Focus

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
18 Jun, 2010
New York City

Stocks in Mumbai fluctuated and traded marginally lower. Cognizant acquires Galileo Performance. Ahluwalia Contracts India receives 11 new projects worth $110 million. Brigade Enterprises surges on fund raising plan.

U.S. Stocks Struggle; Commodities Weak

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
17 Jun, 2010
New York City

U.S. stocks and commodities closed lower after unemployment data and regional manufacturing index read. Copper and oil traded lower but gold surged to near record high. Spain completed bond offering that eased market jitters in Europe. BP Plc rallied nearly 7%.

Bed Bath, Pulte Fall; Smucker Gains

Mayank Mehta
17 Jun, 2010
New York City

Bed Bath & Beyond Inc. led the decliners in the S&P 500 index with a loss of 5.6%. Kroger net income dips 14%. J.M. Smucker Co. net income rises 28%.

UK Retail Sales Rise; BP in Focus

Arthi Gupta, Mayank Mehta and Sanjay Barot
17 Jun, 2010
New York City

The UK indexes traded sideways on disappointing U.S. economic data. BP Plc announces the suspension of its 2010 dividend and set up a $20 billion compensation fund for liabilities attributed to the Gulf oil spill. The company faces additional liabilities from criminal charges and repairs.

7-Day Rally in HK Stocks; Shanghai Falls

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
17 Jun, 2010
New York City

Stocks in Hong Kong closed higher for the seventh day in a row and closed lower in Shanghai. Henderson Land Development in Hong Kong booked a loss after 20 apartment sales were cancelled. Sino Biopharmaceutical plans to raise $79 million.

Market Update