123jump.com Staff
14 May, 2009
New York City
Election fever and a prospect of uncertain outcome overshadowed the trading sentiment in Mumbai. Banks and software exporters declined. Shipping lines gained on a rise in freight rate index. Wholesale price index increase dropped below 0.5%.
123jump.com Staff
13 May, 2009
New York City
Investors in Hong Kong and in Shanghai struggle to gauge the durability of China stimulus plan. Companies in China are looking to raise capital as companies in Europe, Asia and U.S. race to repay debts. Pacific Basin Shipping and PetroChina tap investors.
123jump.com Staff
13 May, 2009
New York City
Stocks in Australia to open lower on weak U.S. retail sales. GrainCorp Ltd lifted its annual earnings outlook on higher export tonnage for commodities. In the previous session, stocks traded sideways as commodities prices edged lower and speculators focused on BHP Billiton and Rio Tinto.
123jump.com Staff
13 May, 2009
New York City
Stocks in New York declined on economic data and in Europe on weak earnings. April sales in the U.S. fell dampening investor sentiment. Earnings were mixed in Japan. More companies are looking to raise capital to repay debts as MGM Mirage filed to raise $2.5 billion.
123jump.com Staff
13 May, 2009
New York City
European markets declined as cautious investors stayed on the side lines. Allianz SE dropped 8% on first quarter net income of near breakeven and Lagardere SCA plunged 7% after revenues declined 2%. Air France-KLM Group declined 6.5% after it reported April traffic decline of 2.8%.
123jump.com Staff
13 May, 2009
New York City
UK stocks declined after the central bank offered cautionary outlook. Land Securities plunged after it reported weaker than expected results. J. Sainsbury annual net income increased 12%. Johnston Press plunged 38% on debt covenant issues.
Mayank Mehta
13 May, 2009
New York City
Dr Pepper Snapple Group led gainers in the S&P 500 index with a rise of 6.4 %. Applied Materials, Inc says net losses will continue. BMC Software, Inc fourth quarter net falls. Dr Pepper Snapple Group, Inc first quarter profit climbs. MGM Mirage files to raise $2.5 billion and repay $1.7 in debt.
123jump.com Staff
13 May, 2009
New York City
Earnings outlook and global economic worries dominated trading in Tokyo. Nissan reported sales decline and net loss but estimated smaller loss in the current year. Olympus and Citizen Holdings increased after it estimated net income in the current year. Hitachi Ltd plunged 10%.
123jump.com Staff
13 May, 2009
New York City
Stocks in quiet trading gyrated ahead of election results and a prospect of uncertain outcome. DLF raised 3,860 crore rupees after founders sold 10% shares to investors including Fidelity, HSBC and hedge fund manager D.E Shaw & Co.
123jump.com Staff
12 May, 2009
New York City
U.S. existing home sales declined in the first quarter and median home prices fell 14%. Trade deficit in March rose on higher energy cost. Microsoft priced its first ever debt offering of $3.75 billion. Freddie Mac reported first quarter loss of $10 billion and sought $6.1 billion from the U.S.
123jump.com Staff
12 May, 2009
New York City
European markets edged lower on a weakness in banks and industrials. Retailers in UK gained. Fraport AG and ThyssenKrupp dropped on weak earnings outlook. ArcelorMittal guided global steel sales to drop as much as 20%.
123jump.com Staff
12 May, 2009
New York City
Stocks in Japan declined on the worries that global markets may have advanced too far. Weak outlook from Isuzu and Daiichi Sankyo also affected trading. Autos and financials declined. Hitachi reported higher than expected loss for the current year.
123jump.com Staff
12 May, 2009
New York City
Two coal miners merge to form the third largest coal company with mines in some of the coal rich areas of the U.S. The deal will strengthen both companies in negotiating with utilities and steel companies. Foundation Coal surges after the Alpha pays 37% premium.
Mayank Mehta
12 May, 2009
New York City
General Motors Corporation led the decliners in the S&P 500 index of 17.3%. Air Transport Services Group Inc reports strong first quarter earnings. CDC Corporation turns to profit in first quarter. MBIA Inc posts first quarter profit after 5 straight losses.
123jump.com Staff
12 May, 2009
New York City
The U.S. trade deficit in March edged up after weakening in February. Rising energy import prices and stubborn deficit with China, EU, OPEC, Japan and Mexico contributed to the persistent deficit.
