123jump.com Staff
05 Dec, 2007
New York City
Stocks in Japan fell at the opening and declined 0.7% before recovering to close up 0.8%. Nikkei 225 index closed up 128.69 to 15,608,88. Topix index closed up 0.7% to close at 1,526.63. Mizuho Financial group plans to inject 150 billion yen in Mizuho Securities after sub-prime investment losses.
123jump.com Staff
04 Dec, 2007
New York City
U.S. markets declined across the region after the weakness in the banks persisted and industrial stocks retreated. Nokia increased margin forecast but lowered the average selling price for the handsets in 2008. ThyssenKrupp fell after reporting earnings and predicting lower sales growth next year. Airbus may purchase more components from Japan to develop market in the country.
123jump.com Staff
04 Dec, 2007
New York City
U.S. stocks declined on the weakness in financial and energy sectors. JP Morgan comments led the financial stocks lower. Goldman Sachs, Lehman Brothers, and Bear Stearns fell after the JP Morgan said that the borkers may report more lossses from sub-prime loans. Energy stocks fell as well. ExxonMobil, ConocoPhillips, Tesoro, and Valero declined.
123jump.com Staff
04 Dec, 2007
New York City
U.S. stocks opened weak after weakness in banking, housing, and consumer spending related stocks afffected indexes. Dow, Nasdaq, and S&P 500 declined nearly 0.5% at the opening. Major European market declined 1% across the region on weak banks at mid-day. Lower operating margin guidance from Nokia and weak earnings guidance from Merck affected sentiment at the opening. Dell plans to buyback $10 billion of stocks.
123jump.com Staff
04 Dec, 2007
New York City
Tokyo stocks edged lower after the weakness in the overnight trading in the U.S. Nikkei 225 index declined 0.95% or 148.8 to 15,480 and broader Topix Index 16.66 to 1,515.50. Shipping companies fell after the comments from Baltic Exchange chief executive. Mitsui Engineering fell 4%, Nippon Yusen declined 4%, Mitsui O.S.K. lost 6%.
123jump.com Staff
03 Dec, 2007
New York City
Weak manufacturing report held stocks back in the afternoon trading. U.S. market averages declined fractionally at close. European markets closed lower as well. Merger activity heated up in Europe after Vivendi and Activision agreed to combine their electronic games businesss. Vimple Communication said that it is exploring a rival takever worth $4 billion.
123jump.com Staff
03 Dec, 2007
New York City
ASX 200 index close nearly unchanged 6,533.50. Publishing and Broadcasting shareholders came out ahead as on the first day of trading after the company split into media and gaming companies. Growth in company profits unexpectedly fell to A$46.52 billion in the three months to September. Australia trade October rose to a record level since 1971.
123jump.com Staff
03 Dec, 2007
New York City
Stocks in Japan fell on the first day of trading after corporate investment fell 1.2% in the third quarter. Nikkei 225 index closed down 0.3% or 51.7 to close at 15,628. November auto sales in Japan increased 3.9% to 296,854 units. Separately taxi fares in Tokyo and Kanagawa between 8% and 10% for the first time in ten years. European auto makers raised prices in Japan on stronger euro. Sky Perfect JSAT Group increased 6% and led the gainers in the Nikkei 225 index.
123jump.com Staff
22 Nov, 2001
New York City
Australian stocks closed in the negative today after losses in banks and miners as metal and oil prices sank from records and as the market failed to shake off this weeks losing streak triggered by losses on Wall Street. ASX 200 index was down 0.8% to close at 6,334.30. The Commonwealth Bank announced today that it is ready to lift interest rates on variable home loans again. BHP Billiton told Chinese steelmakers that it will not use the takeover of Rio Tinto to control prices.
123jump.com Staff
30 Nov, 2007
New York City
U.S. stocks edged higher after trading up and down during the session. Dow added 0.45%, S&P increases 0.8%, but Nasdaq declined 0.3%. U.S. and several banks are in negotiations to hold firm interest rates on variable rate mortgages next year. U.S. markets jumped after the commnets from the Fed chairman reassured investors that another interest rate cut may happen after the next meeting.
123jump.com Staff
30 Nov, 2007
New York City
U.S. stocks scaled higher after the Fed chairman comments and reports on construction spending and personal income and spending. Motorola chief executive Ed Zander will leave the company and will be replaced by chief operating office Greg Brown. Morgan Stanley also removed Co-president Zoe Cruz after losses in mortgage and other loan securities of nearly $4 billion.
123jump.com Staff
30 Nov, 2007
New York City
Australian stocks edged higher on resource and energy stocks. ASX 200 increased 1.4% or 88.60 to close at 6,533.10. Murchison Metals chairman indicated that the company is still interested in Midwest Corp and may revise the offer. Symbion Health added 2% after it said that earnings for the year are likely to rise 10%. Of the ASX 200 index stocks, Centro Properties led the decliners with a fall of 3.2%.
123jump.com Staff
30 Nov, 2007
New York City
Stocks in Tokyo edged higher on the overnight strength in the U.S. market. Core consumer prices in November rose 0.3% from a year ago and from October on rising food and energy cost. Unemployment rate hovered around 4% in October as construction industry employment dropped sharply. Japan housing starts in otober dropped 35% from a year ago on revised building code.
123jump.com Staff
29 Nov, 2007
New York City
U.S. stocks eked out a gain after a day of volatile trading. Market averages in the 2-day rally added 4% but rested today. Altrial led the gainers in Dow Jones Index with a rise of 2.6% followed by increases in AT&T and General Motors. Countrywide led the gainers in the S&P 500 index with a rise of 6.8% followed by increases in MGIC og 6%. Sears fell 11% in the index.
123jump.com Staff
22 Nov, 2007
New York City
Sensex in Mumbai recovered from a sharp decline to close lower 0.4% to 18,526. The fourth decline in a row was led by losses in Larsen & Toubro of 4.1%, in Suzlon of 2.5%, and in Tata Power and NTPC of 5%. According a private research India led the world markets in the last four months of trading with a gain of 33% followed by gains in Qatar, UAE, Egypt, and Brazil.
