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Lonmin, Persimmons, Rolls Royce Rise

Mayank Mehta
16 Nov, 2009
New York City

UK stocks closed higher on a rally in commodities and metals. Miners including Xstrata Plc, Antofagasta and Lonmin gained. Persimmons new home bookings surged 50% from a year ago. Rolls Royce gained on new orders.

DAX Index Lead European Markets; Auto Sales Up

Mayank Mehta
16 Nov, 2009
New York City

European markets closed higher on the back of global markets news. The German market benchmark index led the gainers with a rise of 2%. European auto sales increased 11.2% in October as incentives lift local demand.

Sensex in India Gains 1%; UltraTech Merger

Mayank Mehta
16 Nov, 2009
New York City

Stocks in Mumbai gained on the back of a rally in Asian markets. UltraTech, the largest India based cement maker absorbs its subsidiary Samruddhi Cement. Rupee edges higher against the dollar.

China Industrial Production to Rise 16%

Darlington Musarurwa
16 Nov, 2009
New York City

Industrial output in China is expected to rise 16% in November. Foreign direct investment increased 5.7% to $7.1 billion in October. China and Taiwan sign an agreement to increase access to banks, insurance and brokerages.

Japan Q2 GDP Rise 4.8%; Hitachi Falls

Darlington Musarurwa
16 Nov, 2009
New York City

Japan

Aussie Dollar, Stock Firms on APEC Comments

Darlington Musarurwa
16 Nov, 2009
New York City

Australian stocks rose 1% spurred by commodity stocks as gold prices soared 0.9% to $1,116 per ounce. Asian markets closed higher after 21-member Asia-Pacific Economic Cooperation group agreed to keep economic stimulus in place until the economy recovers to a sound footing.

U.S. Stocks, Gold Rally; Dollar Drops

123jump.com Staff
16 Nov, 2009
New York City

U.S. stocks rallied on the back of October retail sales data. Retailers led the gainers. The dollar declined to 15-month low and gold surged to a record high in 27 years. Energy complex stocks increased.

Sprint Nextel and Suntech Power Surge

123jump.com Staff
16 Nov, 2009
New York City

Sprint Nextel Corporation led gainers in the S&P 500 index with a rise of 10.3%. American Dairy, Inc swings to profit in third quarter and cuts fiscal year 2009 revenue view. Suntech Power surged on an analyst upgrade. Sprint soars 11% after it repaid $1 billion in debt.

Global Earnings: Lowe's, Fiat, EADS, Lonmin

Mukesh Buch
16 Nov, 2009
New York City

Lowe

U.S. Stocks Rise on Retail Sales, APEC

Mayank Mehta
16 Nov, 2009
New York City

U.S. stocks traded higher after the release of October retail sale. The sales increased 1.4% from the revised September sales decrease of 2.3%. Lowe

Australian Dollar Firm; Kathmandu IPO

Mayank Mehta
13 Nov, 2009
New York City

Australian stocks closed lower on Friday but up 2.5% for the week. Outdoor equipment retailer Kathmandu Holdings raised A$340 million. Gold miner St Barbara raised A$73 million.

U.S. Indexes Retain Positive Bias

Mukesh Buch
13 Nov, 2009
New York City

U.S. stocks closed higher and Treasury completed its $81 billion bond auction. U.S. trade deficit increased in September with the rise in crude oil imports. Gold traded near record high. Euro-zone expands.

Euro-zone Expands; Dexia Swings to Profit

Mayank Mehta
13 Nov, 2009
New York City

The euro zone economy expanded at 0.4% in the 16-nation region and at 0.2% in the wider 27-nation region. Economies in Germany expanded at 0.7%. Mondadori Editore nine months net profit falls 54%. Benetton Group third quarter net up on higher sales. Dexia swings to third quarter profit.

Property Stocks Gain in UK

123jump.com Staff
13 Nov, 2009
New York City

UK stocks traded sideways and commodities prices were volatile. Real estate companies closed higher after a private research reported a rise in commercial properties values in October. British Air signed a definitive merger agreement with Spain based Iberia. Tullett Prebon plunged 12%.

Liberty Media to Acquire Unity Media

123jump.com Staff
13 Nov, 2009
New York City

Liberty Media acquires Unitymedia for

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