Jul 16, 2010 9:05 AM ET
Stocks in Mumbai traded higher on earnings outlook. TCS reports first quarter profit surged 24%. Technofab Engineering gained 18% on debut. IOL Chemicals soared on preferential issue plan. UTV Software increased 5% on strong first quarter results.
Jul 15, 2010 11:30 AM ET
The UK indexes edge lower after a sharp decline in commodities. The BoE reports a decline in housing equity and Miles reaffirms his loose monetary policy stance. UK first quarter productivity rises. The IMF notes Ireland needs to strengthen its financial stability network.
Jul 15, 2010 11:28 AM ET
NBTY, Inc. led gainers in the S&P 500 index with a rise of 44.1%. Eclipsys announces special meeting of stockholders to vote on proposed Allscripts merger. Mylan to acquire Bioniche Pharma global injectable pharmaceuticals business.
Jul 15, 2010 10:06 AM ET
The European markets reversed earlier losses tracking gains in the U.S. indices. The ECB notes the euro-zone economy estimated to grow moderately. European new car registrations drop in June. Riksbank observes euro-zone fiscal policy tightening will impact economic growth in Sweden.
Jul 15, 2010 3:06 AM ET
U.S. stocks gain after JPMorgan reported 76% rise in earnings. The Federal Reserve lowered U.S. economic growth forecast. U.S. Senate votes today on Financial Reforms Bill. U.S. weekly jobless claims fell 29,000 and inflation index declined 0.5% in June. Carlyle Group agreed to acquire NBTY for $3.8 billion.
Jul 15, 2010 8:32 AM ET
Stocks in Australia traded lower echoing market sentiments across Asia. Fortescue’s fourth quarter shipments rise 36%. Canada’s Pension Plan offers to buy Sydney-based toll operator Intoll Group. Ichthys, the natural gas project in northern Australia, will contribute A$3.5 billion to the GDP.
Jul 15, 2010 8:22 AM ET
Stocks in Japan fell on retail sales decline in the U.S. Bank of Japan Lowers Forecast for 2012. Nissan halts production for three days in two plants in the U.S. Nippon Telegraph and Telephone Corp plans to buy South Africa’s Dimension Data.
Jul 15, 2010 8:16 AM ET
Stocks in China region declined on mainland’s slower economic expansion. Crude oil processing in June grows at the slowest pace since October last. Agbank makes a lackluster debut in Shanghai. The securities regulator will probe the reported acidic waste water leak from Zijin’s copper smelter.
Jul 15, 2010 8:11 AM ET
Stocks in Mumbai fluctuated and ended lower. The latest read on inflation showed another increase Tata Power’s wind power project gets carbon credit eligibility. Tea production in Assam may be sharply curtailed. Nissan launches compact car Micra. L&T wins Hyderabad Metro project.
Jul 15, 2010 4:45 AM ET
The U.S. stocks closed mixed after Intel reported better than expected results. Tech stocks in Europe and Asia rallied on the back of Intel results. Retail sales fell and import prices dropped in June. Growing confidence lifted indexes in China region and Australia.