ticker

UK PPI Rises 5.7%; BP Surges 7%

Arthi Gupta, Mayank Mehta and Sanjay Barot
11 Jun, 2010
New York City

UK indexes rose on positive economic data in China and India. UK wholesale inflation increased 5.7% in May and total production output gained 2.1% in April. Hammerson agrees to buy Leadenhall Court office building in London for

Caja Madrid, Bancaja Merge; Club Med Surges

Arthi Gupta, Mayank Mehta and Sanjay Barot
11 Jun, 2010
New York City

European markets track lower after U.S. retail sales declined in May. Wider euro-zone records current account deficit of

DeVry, Pfizer Rise; Dell, SanDisk Fall

Mayank Mehta
11 Jun, 2010
New York City

DeVry Inc. led gainers in the S&P 500 index with a rise of 4.4%. Danone to acquire Medical Nutrition USA, Inc.

Inflation in China Accelerates in May

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
11 Jun, 2010
New York City

China stocks rose for the day capping gain for the week, after higher than estimated loan growth and exports confirmed that the nation

Nikkei Gains; Political Turmoil Persists

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
11 Jun, 2010
New York City

Stocks in Japan gained after European Central Bank raised it growth forecast for Europe and said it will continue to buy bonds. The rally was led by electronics makers.

Australian Miners Slow Down Expansion

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
11 Jun, 2010
New York City

Australian stocks gained after most markets in Asia closed higher. The Australian dollar pared some of its weekly gains after a China reported inflation touched 3.1%.

U.S. Stocks Decline; CBOE Prices IPO

Arthi Gupta, Mayank Mehta and Sanjay Barot
11 Jun, 2010
New York City

U.S. stocks fall as retail sales decline 1.2% in May. CBOE Holdings prices IPO between $27 and $29 per share. Geithner pledges to continue trade reform pressure on China.

BoE Interest Rate 0.5%; BP Woes Continue

Arthi Gupta, Mayank Mehta and Sanjay Barot
10 Jun, 2010
New York City

The UK markets trade higher led by miners and banks. The Bank of England retains its key interest rate at a historic low of 0.5% and the size of its asset purchase scheme at

European Markets Advance; ECB Interest Rate Flat

Arthi Gupta, Mayank Mehta and Sanjay Barot
10 Jun, 2010
New York City

European markets climb after positive trade data from China. The strengthening of the euro boosts investor confidence. The ECB holds key interest rate unchanged at a record low of 1%. Centrica to acquire North American home services business for $183 million in cash.

Walt Disney, Walgreen Decline; Analogic Gains

Mayank Mehta
10 Jun, 2010
New York City

AutoZone, Inc. led the decliners in the S&P 500 index with a loss of 2.4%. Synopsys to buy Virage Logic for a 28% premium. Navistar International profit more than doubles.

Earnings Outlook Lift India Stocks

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
10 Jun, 2010
New York City

Stocks in Mumbai trading gained for the second day today on expectations that better than expected earnings.

China Property Prices Surge; Volumes Fall

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
10 Jun, 2010
New York City

Stocks in China fell today on additional lending tightening concern after a government report showed that property prices across 70 cities rose 12.4% in May from a year earlier. The developers and commodity producers led the decliners.

Jobless Claims Fall; Deficit Rises

Arthi Gupta, Mayank Mehta and Sanjay Barot
10 Jun, 2010
New York City

U.S. stocks gain after the release of better-than-expected economic reports from China and Japan and weekly jobless claims. U.S. weekly jobless claims edge down to 456,000 and trade deficit widens to $40.3 billion in April. The strengthening of the euro also lifted market sentiment.

Japan Revises GDP Growth to 5%

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
10 Jun, 2010
New York City

Indexes in Japan gained with the broader Topix index gaining for the first time in a week, after the first quarter GDP expansion estimate was lifted to 5% from the previous read of 4.9%.

Australian Employers Add Jobs

Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
10 Jun, 2010
New York City

Stocks in Australia gained after employers in Australia added nearly net 27,000 jobs in May than in April, giving a boost to consumer incomes.

Market Update