123jump.com Staff
02 Nov, 2009
New York City
Stocks in New York traded higher with industrials leading the gainers. CIT plunges after it files pre-arranged bankruptcy. Ford Motor reports better than expected earnings. Asian markets closed lower. In London trading, Royal Bank of Scotland declined after it prepares to sell more assets.
Mukesh Buch
31 Oct, 2009
New York City
U.S. stocks indexes dropped more than 2.5% as person income and expenditure fell in September. The decline set off a sharp fall in indexes Canada, Europe and Latin America. Crude oil and precious metals declined. CIT Group plunged 24% as it prepares for a pre-packaged bankruptcy.
123jump.com Staff
30 Oct, 2009
New York City
European markets declined on weak read on consumer confidence and a decline in U.S. consumer spending. French index closed 5% for the month and German index lost 4.6% in the month. Lufthansa loss shrank. Indesit Company SpA net profit rises despite a fall in sales.
Mayank Mehta
30 Oct, 2009
New York City
UK stocks closed lower as commodities traded sideways. Forth Ports offered positive outlook. Rolls-Royce Group wins $720 million order from Virgin Air. Aerospace and defense contractor Meggitt Plc reiterated its annual outlook.
Mayank Mehta
30 Oct, 2009
New York City
Harman International Industries led gainers in the S&P 500 index with a rise of 18.6%. 3PAR Inc second quarter loss narrows. Avnet, Inc first quarter beats analyst expectations. BMC Software, Inc second quarter earnings rise 35%. Las Vegas Sands surges on Hong Kong listing approval.
123jump.com Staff
30 Oct, 2009
New York City
Stocks in Mumbai traded lower. Bharti Airtel revenues and profit declined as the mobile telecom market matures and price competition escalates. RIL slips on fourth consecutive fall in quarterly profit. Unity Infraprojects gains on a new building contract.
Darlington Musarurwa
30 Oct, 2009
New York City
Stocks in Shanghai and Hong Kong surged on the back of a rally in New York and Europe. Markets in Asia closed higher. Stronger than expected earnings at banks bolstered the sentiment and loans surge. Vice Premier Li Keqiang said that the economy is expected to rise 8% in the current year.
123jump.com Staff
30 Oct, 2009
New York City
Japan unemployment increased to 5.3% in September and consumer prices declined 2.2% from a year ago in the month. Nikon Corp increased after it lifted its outlook. Takeda Pharmaceuticals after its first half income surged. Sumitomo Trust & Banking first half net fell 33%.
123jump.com Staff
30 Oct, 2009
New York City
Australian stocks tracked higher as the markets in Asia gained on the rise in New York and Europe. Macquarie Group first half net dropped 21% as write-offs related to bad loans surged to A$414 million. Sims Metal Management first half net plunged 77%.
Darlington Musarurwa
29 Oct, 2009
New York City
Stocks in China region declined on the worries that tighter lending rules will hurt the nascent recovery and property markets. Real estate developers and banks closed lower. PetroChina reported third quarter net fell 24%. Nine Dragons Paper plunged 11% on the plan to raise capital.
Darlington Musarurwa
29 Oct, 2009
New York City
Stocks in Japan closed lower tracking losses in Europe and New York. Industrial production gained for the seven month in a row in September with a rise of 1.4%. Hino Motors sales dropped 39% and slipped into a loss in the first half. Advantest Corp reported a wider loss on 64% plunge in sales.
Darlington Musarurwa
29 Oct, 2009
New York City
Australian stocks dropped sharply tracking losses in New York and Europe. ANZ full year profit drops 11% to A$2.9 billion. Woodside Petroleum commences its expensive exploration in Western Australia. Flight Centre Ltd gained after management guided higher revenues.
Mayank Mehta
29 Oct, 2009
New York City
The wholesale price index increased at a faster pace. Reliance Industries reported fourth quarterly net decline in a row. ONGC net increased 5.8%. The largest property developer DLF Ltd net dropped 80%. Mahindra & Mahindra gained after reporting sharply higher earnings. NDTV reported quarterly loss.
123jump.com Staff
29 Oct, 2009
New York City
European markets closed higher. Henkel AG reported better than expected earnings. Deutsche Bank earnings nearly tripled in the third quarter. Alstom SA anticipates more orders for power plants in the second half. AXA and BASF report weak earnings.
Mayank Mehta
29 Oct, 2009
New York City
Llyods Banking Group is in advanced stage of discussion with the UK Treasury that may permit the bank to raise as much as
