Sep 08, 2009 1:33 PM ET
Gold miners scaled higher after gold crossed $1,000 price and silver traded at 13-month high above $16 an ounce. Allegheny Technologies gained after it signed ten year contract with Rolls Royce. Kraft declined after it offered $16.5 billion for Cadbury Plc. Odyssey Re surged on unsolicited offer.
Sep 08, 2009 6:04 PM ET
Stocks in India edged higher after foreign investors add to holdings and gold surged above $1,000 mark. Merger activities and steady announcements of corporate financing to fund business expansion have sustained investor momentum.
Sep 08, 2009 9:01 AM ET
A surge in commodities prices and merger activities are expected to lift stocks higher at the opening. World stocks gained for the fourth day in a row after gold traded at six months high and silver at 13-month high. Kraft $16 billion bid for Cadbury is expected to attract more interest.
Sep 07, 2009 5:40 PM ET
Stocks in Tokyo rebounded after finance officials from G-20 nations pledged to keep global stimulus in place. Dollar edged lower against yen. Showa Shell plans to increase solar panel output ten-fold. Japan Steel Works estimates sharply higher China nuclear plant construction.
Sep 07, 2009 4:56 PM ET
Australian dollar reached a high last seen in eleven months of trading as job advertising index showed a rebound and construction activity remained subdued. Sigma Pharmaceuticals was halted after the company is in a deal to buy assets of Bristol-Myers Squibb.
Sep 07, 2009 3:20 PM ET
Deutsche Telekom and France Telecom agreed to merge their UK operations as recession erodes revenues and profits. German factory orders increase for the fifth month in a row. Euro gains against dollar and yen. Technip SA surged after it was selected to replace Air France in CAC-40 index.
Sep 07, 2009 1:50 PM ET
UK stocks surged after Cadbury rejected 10.2 billion bid from Kraft. The unsolicited bid offered 74 pence a share and Kraft is likely to return with a higher bid. Whitbred surged after it estimated net for the year at the upper end of the range and sales at Costa unit increased.
Sep 07, 2009 10:48 AM ET
Mumbai stocks advanced as rainfall picked up in the last week. Rain deficit at the end of last week across the nation is now 21%, lower than 35% a month ago and 50% in June. The Oil India IPO receives lukewarm response on the first day of subscription.
Sep 04, 2009 7:01 PM ET
The WTO rules against Airbus 380 subsidies provided by EU to EADS. Air France KLM plans to eliminate 1,500 staff and reduce cargo capacity by 15%. Deutsche Telekom is in talks to sell its T-Mobile UK unit. PSA Peugeot Citroen and Mitsubishi Motors are planning a joint venture to sell electric cars.
Sep 04, 2009 5:35 PM ET
U.S. stocks closed higher after four days of decline. Gold and silver traded near their recent highs. The unemployment rate increased to 9.7% in August. The WTO is expected to rule against Airbus on the illegal subsidies from the EU.