Mukesh Buch
24 Dec, 2009
New York City
Markets around the world edged higher in light trading ahead of holiday period in Europe and Americas. U.S. stocks closed up in a short trading session on a rise in durable goods orders. Asian markets lead the world markets gains for the year. Apple Inc gains more than 3% on tablet rumors.
Mayank Mehta
24 Dec, 2009
New York City
Foreign direct investment in India gained in November and portfolio investment in the year approached record 2007 flows. Initial public offerings raised $16 billion, trailing only China. Industrial production in key six industries increased 5.3% in the previous month from a year ago.
Mayank Mehta
24 Dec, 2009
New York City
Alcatel-Lucent selected by Kyivstar GSM for All-IP network transformation in Ukraine. The U.S. drug regulator FDA licenses Sanofi-aventis subsidiary''s new influenza vaccine. The benchmark indexes in Paris and London closed near 15 month high and other markets in Europe were closed.
Mayank Mehta
24 Dec, 2009
New York City
The UK benchmark index added to the gains of the year with 22% rise so far and 53% from its lows in March. Miners led the gainers today with copper, nickel and gold prices edging higher. Balfour Beatty to acquire Strata Construction for
Mayank Mehta
24 Dec, 2009
New York City
Natural resource stocks gain in New York trading on a rise in copper and gold prices. Health insurers declined after the Senate passed its version of healthcare bill. Crane Co acquires the electronics components maker for $52 million Merrimac Industries, Inc.
123jump.com Staff
24 Dec, 2009
New York City
Tech stocks led the gainers in New York trading following the advances in Europe and Asia. The dollar edged up and futures of crude oil and gold traded higher. Weekly jobless claims in the U.S. declined and November durable goods orders increased.
Darlington Musarurwa
23 Dec, 2009
New York City
Japan approves 2010 tax reforms. The direct tax collection is expected to decline but total tax revenues is expected to rise by one trillion yen.
Japan supermarket sales fall 8% to 1.03 trillion in November and retail sales at stores are expected to drop to 13 trillion yen, the sharpest decline in 21 years.
123jump.com Staff
23 Dec, 2009
New York City
Australian stocks edged higher after commodities rebounded after better than expected economic data in the U.S. Telstra is looking to sell its stake in China based real estate Web site Soufun.com. Macarthur Coal Limited bids for Gloucester Coal.
Mayank Mehta
23 Dec, 2009
New York City
Stocks in Mumbai surged after Finance Minister Mukherjee lifted fiscal year economic growth to 8%. Jindal Saw secures orders of $240 million. Lupin settles litigation with U.S. based Forest Laboratories to launch generic tablets. Adani Power Ltd subsidiary wins 1,200 mw power bid in Rajasthan.
123jump.com Staff
23 Dec, 2009
New York City
Commodities and crude oil gained and investors bid up resource stocks. Poor weather in many parts of the U.S. may have dampened last minute holiday retail sales. Markets in Europe edged higher and in India surged.
Mayank Mehta
23 Dec, 2009
New York City
Banks and natural resource stocks climbed in Europe after investors turned optimistic. Maurel & Prom SA advanced 4.2% after it discovered oil in Gabon. Vivalis signs a new commercial license in veterinary vaccine field. Bank Sarasin & Cie. AG said it will exceed its lending target this year.
Mayank Mehta
23 Dec, 2009
New York City
UK stocks participated as world markets rebounded. Metals and energy prices advanced in London. Mortgage approvals in November surged to a two-year high. Service industry index declined 0.2% in the three months to October.
Mayank Mehta
23 Dec, 2009
New York City
American Greetings swings to a third quarter gain. Cintas Corp second quarter sales fall 10% and earnings drop 20%. Micron Technology, Inc reports better than expected earnings. Red Hat earnings fall 33% as sales rise. Coal miners Patriot Coal, Peabody and others jump.
Mukesh Buch
23 Dec, 2009
New York City
U.S. stock traded mixed after November new home sales dropped 11.3% and personal income increased 0.4%. Crude oil futures surged 3% after the release of weekly inventory data. India revised its fiscal year economic growth outlook to 8% from 6.5%.
Mayank Mehta
22 Dec, 2009
New York City
Stocks in Australia edged higher after world markets edged up. Commodities prices edged lower. BHP Billiton after the close agreed to sell its nickel mining holdings to its joint venture partner in Philippines. GrainCorp Ltd declined after the company said profits are likely to be lower than estimated. Gold stocks fell on a rebound in the U.S. dollar.
