Mayank Mehta
06 Jan, 2010
New York City
UK stocks pared gains after indexes that track consumer confidence and outlook declined. Autonomy Corp increased after it made positive comments. Marks & Spencer declined 7% after it reported lower than expected sales increases.
123jump.com Staff
06 Jan, 2010
New York City
Family Dollar Stores, Inc led gainers in the S&P 500 index. Zep Inc turns to profit in first quarter. The Mosaic Company second quarter net income falls 89%. Synnex Corp fourth quarter net up. The agrochemicals maker Monsanto posts first quarter loss on weak sales.
Mayank Mehta
06 Jan, 2010
New York City
Mumbai stocks retained their momentum as evidence of economic health mount. The publisher of Hindi and Gujarati newspapers D.B. Corp on its first day of trading increased 25%. Bharat Heavy Electricals received an order to set up a solar power plant in Karnataka.
123jump.com Staff
06 Jan, 2010
New York City
Stocks in New York were nearly unchanged after the release of private sector employment data. Orange juice futures traded near two-year high and natural gas and heating prices advance as well. Family Dollar surges 10% after quarterly net gains 14%.
123jump.com Staff
06 Jan, 2010
New York City
Severe weather conditions affected lives in several countries from China, to Northern Europe to the U.S. Southeast. Crude oil, aluminum and orange juice futures contracts gained. Wholesale prices of electricity surged in France and Germany as temperatures drop to record lows.
Mayank Mehta
05 Jan, 2010
New York City
The benchmark index in India increased after direct tax revenues in the first nine months are ahead of estimates and more automakers launch small cars in India. Commodities linked stocks also gained after metals prices gained. Godrej Properties on its first day of trading settled 9% higher.
Mayank Mehta
05 Jan, 2010
New York City
Hong Kong stocks increased following gains in Europe and New York. Resource sector stocks rallied after energy prices gained as the freezing weather in Asia and North America drive the fuel demand higher. Casino stocks surged in after December revenues exceed the estimates.
Mayank Mehta
05 Jan, 2010
New York City
Finance Minister of Japan Hirohisa Fujii has resigned from the government as he battles poor health. The yen traded near its recent lows and stocks held their grounds ahead of the earnings season next week. Yucheng Technologies and NTT Data to build banking network in China.
Mayank Mehta
05 Jan, 2010
New York City
Australian stocks increased following a rebound in energy and metals markets. Griffin Coal Mining Co appointed an administrator and is looking to sell assets of coal leases. Lihir Gold and Newcrest Mining gain on a strength in copper, silver and gold.
123jump.com Staff
05 Jan, 2010
New York City
Stocks in New York fell after housing market worries resurfaced. European markets closed lower and German unemployment was unchanged in December. Google launches its wireless phone as more users access Internet from their phones.
Mayank Mehta
05 Jan, 2010
New York City
European markets closed lower in light trading. German unemployment rate was unchanged in December at 8.1%. BNP Paribas unit plans covered bond issue. Airbus hopes A400 million negotiations will be concluded by the end of January. Vinci SA unit buys Keolis stakes in four French airport operators.
Mayank Mehta
05 Jan, 2010
New York City
Nestle SA says no plan to make or participate in Cadbury plc offer. Next celebrates Christmas sales surge. Balfour Beatty Gammon wins
123jump.com Staff
05 Jan, 2010
New York City
Kraft and Cadbury declined after the revised offer from Kraft was rejected by the UK chocolate maker. Tenet Healthcare increased on a recommendation from a broker. China based casino operators increased on the hopes that China will relax travel rules. Aegean Marine surges after a deal.
123jump.com Staff
05 Jan, 2010
New York City
Kraft revised its offer for Cadbury ahead of regulatory deadline in less than two weeks. The offer of $16 billion has 20% more cash than the previous offer but is still at least 5% below the price that most investors are seeking. Kraft sold its frozen pizza division to Nestle for $3.7 billion.
123jump.com Staff
05 Jan, 2010
New York City
U.S. stocks traded lower as gasoline and crude oil futures advanced. Freezing weather from Beijing to Miami has driven up the demand for energy around the world.
