123jump.com Staff
06 Oct, 2009
New York City
Tesco sales in the first half increased 8.3% to
Mayank Mehta
06 Oct, 2009
New York City
London stocks tracked the rise in commodities as copper and gold regained their momentum. Tesco Plc first half revenues increased 8.2%. Northern Foods declined after total sales in the first half were flat and the comparable sales in the period gained less than expected.
Mayank Mehta
06 Oct, 2009
New York City
Avocent Corp surged 20% after it agreed to be acquired by Emerson Electric for $25 a share or $1.2 billion. St. Jude Medical dropped 11% after it lowered its adjusted third quarter earnings outlook. The Mosaic Co first quarter profit falls to $100.6 million. Pepsi Bottling quarterly net rises.
123jump.com Staff
06 Oct, 2009
New York City
U.S. stocks gained after commodities prices gained and investors anticipated higher earnings in the third quarter. Third quarter earnings at S&P 500 index companies are expected to increase at least 22% from a year ago according to the estimates provided by Ticker.com.
Mayank Mehta
06 Oct, 2009
New York City
Recent stock advance in Mumbai may not survive if Reserve Bank of India acts to increase interest rate as inflation runs high. The RBI Governor Rao sounded hawkish as consumer and wholesale prices continue to rise. Weak monsoon is likely to add more inflationary pressure.
Mukesh Buch
05 Oct, 2009
New York City
U.S. stocks rebounded as the service sector industry showed an expansion in September. Stocks in resource, technology and banking sector closed higher. Gold and oil edged up. Alcoa is scheduled to release earnings on Oct 7 to kick off third quarter earnings.
Mayank Mehta
05 Oct, 2009
New York City
European markets closed higher as commodities gained and resource stocks led the gainers. Stocks in the region firmed up after talks of strong dollar from central bankers failed to sway markets.
Mayank Mehta
05 Oct, 2009
New York City
UK stocks edged higher after a week of slide that prompted analysts to recommend mining stocks. Anglo American increased on a speculation that China based Baosteel is interested in its Brazilian iron ore operations. Chemring Group wins lucrative US defense contract.
Mayank Mehta
05 Oct, 2009
New York City
Boston Scientific declined after it reached settlement agreement with a subsidiary of Johnson & Johnson. Blackstone Group is interested in acquiring theme park business of Anheuser-Busch InBev NV. Brocade Communications surged after the company is looking for a buyer.
Mayank Mehta
05 Oct, 2009
New York City
Stocks in Mumbai declined after rising last week. Rupee advanced to 47.51 against a dollar. Bharti Airtel fell 8% on a brokerage downgrade. Grasim Industries fell after company transferred the cement unit to an unlisted subsidiary before the merger with Ultratech controlled by Aditya Birla Group.
123jump.com Staff
02 Oct, 2009
New York City
European markets declined for the fourth day in a row ahead of bankers meeting in Istanbul. Weak jobs data and factory orders in the U.S. kept trading weak in the region. UK home prices increased for the fourth month in a row.
123jump.com Staff
02 Oct, 2009
New York City
U.S. market indexes tracked lower after the latest job reports. September payrolls fell more than expected as the jobless economic recovery appears to be uneven. Immediate futures of crude oil, copper and agriculture commodities fell.
123jump.com Staff
02 Oct, 2009
New York City
London stocks declined after markets in Europe lost early momentum on the release of U.S. jobs report. UK home prices gained for the fifth month in a row. Mining companies fell on the market weakness. Xstrata Plc was asked to submit a formal offer in three weeks for Anglo American.
Mayank Mehta
02 Oct, 2009
New York City
Accenture Limited fourth quarter sales fell 14% and net income plunged 41%. Apple Inc increase after UBS revised the company rating. First Solar, Inc surged after the company was selected for the S&P 500 index to replace Wyeth.
123jump.com Staff
02 Oct, 2009
New York City
The U.S. job market continues to signal weakness as more people job loss in September. September non-farm payroll declined 263,000 and unemployment rate increased in the month to 9.8% from 9.7% in August. Construction, manufacturing and retail trade led the declines.
