Mayank Mehta
17 Sep, 2009
New York City
Australian stocks traded higher as investors bid up global stocks and commodities gain around the world. Australian dollar edged to another yearly high against the U.S. dollar. Banks and retailers gained as the imminent prospect of interest rate hike look dim.
123jump.com Staff
17 Sep, 2009
New York City
U.S. stocks edged lower after the release of housing construction data and weekly jobless claims. Home builders advanced. Natural gas plunged 8% as rising inventories and the recent price run up kept investors on the sidelines.
123jump.com Staff
17 Sep, 2009
New York City
European markets edged higher as investors show willingness to acquire more stocks. Airbus is likely to cut production for the next two years. Trade surplus at EU-16 nations increased to
123jump.com Staff
17 Sep, 2009
New York City
UK stocks closed at a new high after gaining for the fifth day in a row. Retail sales were flat in August after rising for two months in a row. Balfour Beatty plans to raise
123jump.com Staff
17 Sep, 2009
New York City
AMR Corp surged after it arranged $2.9 billion in financing. Ivanhoe Energy soared after it discovered energy field in Ecuador. Oracle declined after quarterly sales increased less than expected. Spirit AeroSystems Holdings and ArcelorMittal were in focus on ratings revisions.
123jump.com Staff
17 Sep, 2009
New York City
AMR Corp, the parent of American Airlines surges after it arranges $2.9 billion in financing. This liquidity is in addition to the $1.3 billion capital raised earlier in the year. American Air will also upgrade American Eagle flight cabins and increase daily flights and capacity at its four hubs.
123jump.com Staff
17 Sep, 2009
New York City
Home builders edged higher after the release of home construction data. Weekly jobless claims declined 12,000 to 545,000 at the end of last week. AMR Corp raised $1 billion through credit card sale and $1.9 billion in plane lease financing.
123jump.com Staff
16 Sep, 2009
New York City
European markets closed lower as banks and financials faced headwinds. Miners and commodities linked stocks gained in Germany and in UK. German retailers report weak sales in the seven months to July. Adidas and Puma gained. Areva increased after it completed 7-year bond offering.
Mayank Mehta
16 Sep, 2009
New York City
LSE agreed to acquire Sri Lanka based MillenniumIT for $30 million as it lags the smaller and focused rivals to bridge technology gap. The Sri Lanka based group is well known for its exchange processing applications and may prove to be the smartest move by the LSE chief Rolet.
Mayank Mehta
16 Sep, 2009
New York City
UK stocks gain for the fourth days in a row as commodities rise and US markets closed higher. Tullow Oil advanced after the company and its partners discover a natural gas field off the coast of Sierra Leone. Miners rally on higher copper and god prices.
123jump.com Staff
16 Sep, 2009
New York City
Stocks in Japan lost early momentum after global markets edged higher. Banks fell sharply after the new nominee of FSA chief indicated his desire to seek loan moratorium for small and mid-sized businesses. Exporters gained and yen strengthened against dollar.
123jump.com Staff
16 Sep, 2009
New York City
The racially motivated attacks against Indian students continue as the latest violence hurt four Indian nationals. At least five people were involved in the incidence and as many as 15 watched while the attacks were carried out. Callers to Indian media are urging students to fight back.
123jump.com Staff
16 Sep, 2009
New York City
Australia
Mukesh Buch
16 Sep, 2009
New York City
U.S. stocks showed lot of vigor after the release of inflation and industrial production data. Gold closed to a new high as dollar edged lower to a new low for the year. Market indexes that track world and emerging markets reached to highs of the year.
Mayank Mehta
16 Sep, 2009
New York City
Mumbai stocks gained as markets in Asia rallied on the back of gains in the US and Europe. Commodities and infrastructure related companies led the gainers. Banks also increased on the expectations of higher earnings. Pipavav Shipyard IPO was oversubscribed in the first hour of subscription period.
