Mayank Mehta
05 Oct, 2009
New York City
European markets closed higher as commodities gained and resource stocks led the gainers. Stocks in the region firmed up after talks of strong dollar from central bankers failed to sway markets.
Mayank Mehta
05 Oct, 2009
New York City
UK stocks edged higher after a week of slide that prompted analysts to recommend mining stocks. Anglo American increased on a speculation that China based Baosteel is interested in its Brazilian iron ore operations. Chemring Group wins lucrative US defense contract.
Mayank Mehta
05 Oct, 2009
New York City
Boston Scientific declined after it reached settlement agreement with a subsidiary of Johnson & Johnson. Blackstone Group is interested in acquiring theme park business of Anheuser-Busch InBev NV. Brocade Communications surged after the company is looking for a buyer.
Mayank Mehta
05 Oct, 2009
New York City
Stocks in Mumbai declined after rising last week. Rupee advanced to 47.51 against a dollar. Bharti Airtel fell 8% on a brokerage downgrade. Grasim Industries fell after company transferred the cement unit to an unlisted subsidiary before the merger with Ultratech controlled by Aditya Birla Group.
123jump.com Staff
02 Oct, 2009
New York City
European markets declined for the fourth day in a row ahead of bankers meeting in Istanbul. Weak jobs data and factory orders in the U.S. kept trading weak in the region. UK home prices increased for the fourth month in a row.
123jump.com Staff
02 Oct, 2009
New York City
U.S. market indexes tracked lower after the latest job reports. September payrolls fell more than expected as the jobless economic recovery appears to be uneven. Immediate futures of crude oil, copper and agriculture commodities fell.
123jump.com Staff
02 Oct, 2009
New York City
London stocks declined after markets in Europe lost early momentum on the release of U.S. jobs report. UK home prices gained for the fifth month in a row. Mining companies fell on the market weakness. Xstrata Plc was asked to submit a formal offer in three weeks for Anglo American.
Mayank Mehta
02 Oct, 2009
New York City
Accenture Limited fourth quarter sales fell 14% and net income plunged 41%. Apple Inc increase after UBS revised the company rating. First Solar, Inc surged after the company was selected for the S&P 500 index to replace Wyeth.
123jump.com Staff
02 Oct, 2009
New York City
The U.S. job market continues to signal weakness as more people job loss in September. September non-farm payroll declined 263,000 and unemployment rate increased in the month to 9.8% from 9.7% in August. Construction, manufacturing and retail trade led the declines.
123jump.com Staff
01 Oct, 2009
New York City
U.S. stocks dropped across sectors as nervous investors doubted the health of the economic recovery. Weak job market and manufacturing gave impetus to the market decline. Technology heavy Nasdaq index dropped 3%.
Mayank Mehta
01 Oct, 2009
New York City
European markets edged lower between 1% and 2% after rising at the sharpest pace in the third quarter in ten years. Lufthansa AG is in talks to acquire 20% stake in UK based airline BMI held by SAS. Euro traded lower as central bankers talk up dollar.
Mayank Mehta
01 Oct, 2009
New York City
UK stocks decreased after a manufacturing index showed a decline in activities in September. BAE Systems may be fined several million pounds on allegation of new contract bribery in EU and Africa. Dominos Pizza UK delivered better than expected earnings.
Mayank Mehta
01 Oct, 2009
New York City
Microsoft fell after Goldman Sachs cautioned on fiscal first quarter earnings. Comcast declined and the cable network operator denied that it is in talks to buy NBC Universal stake. MetroPCS fell on a downgrade. Penske Automotive dropped after it ended talks with GM.
123jump.com Staff
01 Oct, 2009
New York City
U.S. stocks declined after weak manufacturing report and rising unemployment claims put investors on an alert. Microsoft decreased after Goldman removed the company from its recommendation list. Euro declined and German retail sales fell 1.5% in August.
123jump.com Staff
01 Oct, 2009
New York City
Weak manufacturing report sent another alert to investors that the pace of U.S. economic recovery is likely to be weak. Manufacturing activity expanded but at a slower pace in September. Construction spending increased in August and weekly jobless claims advanced.
