123jump.com Staff
01 Nov, 2005
New York City
Markets in Asia generally closed higher and in Europe are trading higher. Most of the trading session in Tokyo was closed due to a computer glitch. The world''s second largest stock market by capitalization of $4.5 trillion suffered its last glitch in 1997. Markets in Europe are higher led by rising shares in the U.K. and Switzerland.
123jump.com Staff
01 Nov, 2005
New York City
Last week, oil giants Exxon Mobil, Royal Dutch Sheel, BP, and Chevron, Murphy Oil, Amerada Hess, Kerr-McGee and Conoco Phillips reported a combined third quarter profit of $30 billion. Occidental, Chesapeake and Valero are latest energy sector companies to report a record quarter.
123jump.com Staff
31 Oct, 2005
New York City
In the overnight trading in Japan, Nikkei rose 2% and New Year related rally led 3% rise in Bombay Exchange. European markets advanced by 2% or better in Germany, the U.K., and France. Tech heavy Nasdaq rose 1.46% led by rise of $14 in Google shares. Valero Energy reported profit rise of 90% and Kellogg reported profit of 66 cents. Personal income and spending rose in September.
123jump.com Staff
31 Oct, 2005
New York City
News on postive earnings, falling oil prices and merer news lift market averages. Valero Energy, Kellogg, Cognizant Technology, Humana, Mercury General an ABN Amro reported better than expected earnings. Personal income and spending was reported to be up for the September month supporting retail stocks.
Elena
31 Oct, 2005
New York City
Among the major companies reporting today, oil refiner Valero rose 5.5% on doubled Q3 income, citing high energy prices and 62% revenue growth. Food company Kellogg Co reported an income rise of 66 cents a share, beating estimates of 64. The company raised its full-year guidance. In merger deals, Novartis has agreed to buy Chiron for $5.1 billion. Steve Case resigned from Time Warner Board.
Elena
31 Oct, 2005
New York City
Asian-Pacific markets surged with the Nikkei in the lead, rising 2%, followed by markets in Australia, South Korea, and Hong Kong. European stocks also traded higher, boosted by merger-and-acquisition news. Novartis has agreed to acquire all the remaining public shares of Chiron for $5.1 billion. PMC-Sierra Inc. is buying Agilent Technologies for $425 million.
123jump.com Staff
29 Oct, 2001
New York City
New Delhi was jolted by a series of three bomb blasts in the late evening on Saturday and killed sixty five people and injured eighty ruining Diwali festival. The blast occured at 5:40 PM Indian time. The deadliest blast, since the attack on Indian parliament on Dec 13, 2001 which killed twelve people. The Indian authorities fear the latest attack may be a work of terrorist linked and suppored by Pakistan regime.
Elena
28 Oct, 2005
New York City
The U.S. Commerce Department revealed that Gross Domestic Product for the third quarter grew at an annual rate of 3.8%, an acceleration from the 3.3% growth rate shown during the previous 3-month period, and above expectations of 3.6% increase. Personal consumption expenditures climbed by 3.7% in the third quarter, the government said, an acceleration from the 3.3% growth recorded in the previous period.
Elena
28 Oct, 2005
New York City
The U.S. Commerce Department revealed that Gross Domestic Product for the third quarter grew at an annual rate of 3.8%, an acceleration from the 3.3% growth rate shown during the previous 3-month period, and above expectations of 3.6% increase. Personal consumption expenditures climbed by 3.7% in the third quarter, the government said, an acceleration from the 3.3% growth recorded in the previous period.
Elena
28 Oct, 2005
New York City
Asian-Pacific benchmarks closed lower, led by Seoul's Kospi, down by 2.2%. The Nikkei declined 0.5% on economic data. European stocks traded below the flat line with the French CAC declining 0.3%. Microsoft reported Q3 24% earnings rise on strong demand, but lowered its outlook. Data on GDP and consumer spending is expected.
Elena
27 Oct, 2005
New York City
U.S. stock markets have sustained the bearish sentiment throughout the whole trading session. The negative tone was set by news that Dow component GM had been subpoenaed by U.S. regulators. The stock's decline of 5.5% dragged blue chips. The three major averages have extended declines with the Nasdaq down by 1% on weak semiconductors. All sectors trade in the red just before market close.
Elena
27 Oct, 2005
New York City
Government's weekly natural gas inventory report showed an increase of 77 billion cubic feet. Data on new home sales in September showed a smaller-than-expected rise to 1.22 million units. Initial jobless claims in the week ended October 22 fell to 328,000 from the previous week vs. expectations of jobles claims decline of 340, 000. Durable goods orders fell 2.1% in September, following an upwardly revised 3.8% increase in August.
Elena
27 Oct, 2005
New York City
The Labor Department said that nitial jobless claims in the week ended October 22 fell to 328,000 from the previous week vs. expectations of jobles claims decline of 340, 000. A report from the Department of Commerce showed a 2.1% decrease in new orders for September, following an upwardly revised 3.8% increase in August.
Elena
27 Oct, 2005
New York City
Asian-Pacific markets closed broadly down, but the Nikkei ended up 0.2%. European stock markets posted heavy losses at mid-day, led by the German DAX 30, down 1.3%. GlaxoSmithKline, pharmaceutical manufacturer, advanced 1.9% after raising 2005 earnings guidance, reporting Q3 profit growth of 21% on a 11% rise in revenue.
123jump.com Staff
26 Oct, 2005
New York City
A parade of postive earnings continues after the close. Shares of Baidu.com fall $15, Raymond James rise 5.2%, MEMC Electronic fall 5% and Corning Inc up close to 1%. Placer Dome released Q3 earnings of 8 cents vs. 36 cents a year ago. Intergraph reported Q3 earnigs of 44 cents vs. 3 cents a year ago.
