Nov 23, 2009 12:05 PM ET
Zions Bancorporation led gainers in the S&P 500 index with a rise of 12.0%. Ciena Corp dropped 9% after it acquired optical network from Nortel. AnnTaylor Stores gained on an analyst upgrade. Mercado Libre surged 8%.
Nov 23, 2009 10:54 AM ET
Stocks in Australia gained after commodities prices and gold edged higher. James Hardie Industries swung to a quarterly loss but projected higher than expected annual profit. Qantas plans to spend A$4.4 billion on new aircraft.
Nov 23, 2009 9:27 AM ET
Stocks in Hong Kong and Shanghai traded mixed as UBS warned of rising speculative attacks on the currency. Sands China Ltd completed its $2.5 billion public offering. The largest wind power generator China Longyuan Power plans to raise at least $2 billion in an initial public offering.
Nov 23, 2009 8:50 AM ET
Stocks in Mumbai traded higher after Reliance Industries Ltd inches closer to acquire bankrupt LyondellBasell for at least $10 billion in cash. The debt laden company is operating under bankruptcy. Royal Dutch Shell is likely to take 10% stake in Essar Oil as a part of payment for refinery sale.
Nov 20, 2009 5:44 PM ET
U.S. stocks struggled as the world markets edged lower and commodities priced hovered near their recent highs. Gold trade above $1,150 an ounce. Michigan led the U.S. with unemployment rate of 15.1% and Florida and California registered record rate in October.
Nov 20, 2009 4:11 PM ET
Stocks in Mumbai traded higher. Rupee edged lower but traded below 46.75 to a dollar. The IPO of a tour operator Cox & Kings India Ltd is 6.2 times oversubscribed. Bhusan Steel sells 5% stake to strategic investors. Scripps Networks agreed to acquire majority stake in NDTV unit for $55 million.
Nov 20, 2009 3:17 PM ET
European markets closed lower. The ECB President Trichet comments suggest a gradual unwinding of economic stimulus. JC Decaux renews its exclusive advertising contacts in Shanghai. Technip awarded gas facilities contract in Abu Dhabi. Solon SE nine-month loss shrinks.
Nov 20, 2009 2:00 PM ET
UK stocks struggled. Nationwide Building Society estimated tougher home market outlook in 2010. Home builder stocks declined. The pound decreased against the yen and the dollar on the rising deficit. Gartmore Group Ltd prepares public offering to raise £250 million.
Nov 20, 2009 12:57 PM ET
Dell plunged nearly 9% after it missed quarterly revenues and earnings estimates. The Dress Barn, Inc quarterly net rises. The Gap, Inc third quarter net up 25%. Intuit Inc quarterly loss increases. D.R. Horton, Inc fourth quarter loss narrows.
Nov 20, 2009 7:25 AM ET
Bank of Japan keeps rate at 0.1%. Deputy Prime Minister declares Japan has slipped into deflation. Semiconductor related stocks declined after Dell reported third quarter profit decline of 54%.