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.
Mayank Mehta
20 Jul, 2010
New York City
Tupperware Brands Corporation led the decliners in the S&P 500 index with a loss of 15.2%. Harley-Davidson net income more than triples. Tupperware second quarter profit jumps 75%. IBM net rises 10% on slight sales increase. Marshall & Ilsley narrows loss.
Arthi Gupta
20 Jul, 2010
New York City
The European markets extended their fifth consecutive session of losses after Goldman Sachs reported quarterly earnings dropped 82%. The Bank of France Governor Christian Noyer urges EU members for drastic budget deficit cuts. German PPI rises in June. Spain completed
Arthi Gupta
20 Jul, 2010
New York City
U.S. stocks decline after Goldman Sachs reported an 82% decline in earnings. U.S. housing starts fall in June. Obama presses the U.S. Senate for extension of unemployment benefits. Goodrich and Mubadala Aerospace sign agreement to form landing gear joint venture in Abu Dhabi.
Chandrasekhar Atreya
20 Jul, 2010
New York City
Stocks in Mumbai declined on mixed earnings. HDFC Bank first quarter net surges. Sesa Goa gains on strong first quarter result. Steel Authority plans to develop a deep water port on the east coast. Cropscience surges on the talks of property sale.
Chandrasekhar Atreya
20 Jul, 2010
New York City
Stocks in Australia rallied and traded higher. Aberdeen plans to start a real estate-focused fund. Asia Iron gets regulator approvals to sell stake to China based CCMDIL. Iluka Resources
Chandrasekhar Atreya
20 Jul, 2010
New York City
The benchmark index in Tokyo fell more than 1% on the weakness in the U.S. housing market. Toyota faces a patent suit in the U.S. for its hybrid car engine technology. Nissan resumes production at two plants in the U.S. Fast-Retailing and Toray sign a five-year agreement.
Chandrasekhar Atreya
20 Jul, 2010
New York City
Stocks in China region rallied more than 2% for the second day in a row. China