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Leighton Wins Indonesia Contract

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

Australian banks are accessing cheaper debt by selling covered bonds in New Zealand. Liberia reveals BHP ore spending plans. Amadeus Energy Ltd announces commencement of exploration in Texas. Leighton wins A$1.1 billion contract in Indonesia.

Japanese Companies, Banks Hoard Cash

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

Stocks in Japan declined halting five days of rally after a report showed that U.S. housing starts dropped in May. A report by Bank of Japan noted that Japanese companies held back record amounts in cash and deposits.

Spain Raises

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

European markets rise after Spain raised

7-day Rally in India; Tax Collection Rises

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

Stocks in Mumbai traded higher for the seventh day in a row. The latest read on wholesale inflation showed a decline. Advanced corporate tax collection for the first quarter increased 18% from a year ago.

U.S. Inflation Index Falls, Jobless Claims Rise

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

U.S. stocks trade sideways after inflation index declined 0.2% in May and weekly jobless claims increased 12,000. BP Plc agrees to set up a $20 billion compensation fund for liabilities attributed to the Gulf oil spill. BP may face additional expenses to fix the leak and may face criminal penalties.

Union Pacific Q1 2010 Earnings Call Transcript

123jump.com Staff
17 Jun, 2010
New York City

Revenues rose 17.6% to $4 billion and net income rose 42.5% to $516 million or $1.01 a share.Operating income totalled $988 million, a first quarter record, and a gain of 47%. Business volumes increased 13% in the first quarter, operating expenses only increased 2%.

UK Indexes Rise; Jobless Claims Fall

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

The UK indexes rose led by banks and miners. UK jobless claims fall by 30,900 in May. Jupiter Fund prices IPO at 165 pence per share.

Inflation Rises in Europe; Nokia Lowers Outlook

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

European markets pare early gains after weaker-than-expected U.S. economic data. Euro-zone inflation rises to 1.6% in May and labor costs increase at a faster pace in the first quarter. Zodiac SA quarterly revenues rise 2.6%.

Sunoco, Priceline Gain; AutoNation Declines

Mayank Mehta
16 Jun, 2010
New York City

Sunoco, Inc. led gainers in the S&P 500 index with a rise of 6.3%. FedEx sees GDP growth lifting shipping fees.

PPI Down 0.3%; U.S. Stocks Follow

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

U.S. stocks tumble after PPI falls 0.3% and housing starts plunge 10% in May. Abbott and Neurocrine agree to develop and commercialize Elagolix. FedEx quarterly profit rises.

Six-day Rally in India Stocks

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

Stocks in India extended it gains to the sixth day today as the market was buoyed with earnings growth across all sectors. Higher advance tax payment by most Indian firms supported domestic index gains.

Nikkei Gains 1.8%, Crosses 10,000

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

Stocks in Japan advanced for the fifth consecutive day today after the Federal Reserve Bank of New York said its general economic index of manufacturing rose for the 11th consecutive month in June, adding to the buoyancy in the market.

Global Sentiment Lift Stocks in Australia

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

Resource tax on super profits will not be changed from 40% and set at different levels for different commodities, Resources Minister Martin Ferguson said, as companies sought a compromise on the tax

FTSE Rises 0.5%; BSkyB Surges

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

The UK indexes gain after annual inflation dips to 3.4% in May. Fitch slashes BP Plc rating. British Sky Broadcasting rejects News Corp''s buyout offer.

First Solar Rises; Polo Ralph, Rentrak Fall

Mayank Mehta
15 Jun, 2010
New York City

Best Buy Co., Inc. led the decliners in the S&P 500 index with a loss of 5.2%. FactSet Research net income rises slightly. FelCor announces public offering of common stock.

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