Tag Archive

Range Resources dropped 7.3%, as a broker downgraded the stock to “Market Perform” from “Outperform”

Published on March 2, 2011 By Greg

Australian and Asian Market Report 2nd March 2011
Asian markets are trading lower this morning, taking cues from overnight losses on Wall Street. In Japan, financial stocks, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group, paced declines, as risk appetite decreased among investors. Automakers, Toyota, Honda Motor and Mitsubishi Motors, traded lower, as the yen [...]

US stocks advanced yesterday, as improving economic outlook and bullish comments from Warren Buffett boosted investor confidence

Published on March 1, 2011 By Greg

International Market Report 1st March 2011
US stocks advanced yesterday, as improving economic outlook and bullish comments from Warren Buffett boosted investor confidence. Nationwide Health Properties surged 9.7%, after Ventas stated that it would acquire the former in a multi-million dollar deal to create the country’s biggest real-estate investment trust for health care. Walgreen gained 3.3%, [...]

Other European markets finished lower yesterday, after Libya suspended almost two thirds of its oil production, which drove crude oil price to its highest in 30 months, fuelling concerns about inflation and economic growth

Published on February 25, 2011 By Greg

Australian and Asian Market Report 25th February 2011
Asian markets are trading higher this morning, as crude oil prices retreated from multiyear highs, amid easing concern about supply disruptions. In Japan, exporters, Nissan Motor, Sony and Sharp, paced gains, after the yen weakened, improving the outlook for overseas earnings, while Toyota Motor traded higher, as Credit [...]

Among technology stocks, Hewlett-Packard tumbled 9.6%, as it reported weaker-than-expected quarterly earnings, while Intel and EMC dropped 3.0% and 0.9%, respectively

Published on February 24, 2011 By Greg

Australian and Asian Market Report 24th February 2011

Asian markets are trading lower this morning, taking cues from overnight losses on the Wall Street. In Japan, exporters, Honda Motor, Toyota Motor and Mazda Motor, paced declines, as the yen appreciated against the dollar. Tobu Railway traded in negative territory, after the company revealed its plans to [...]

US markets were closed yesterday due to the Presidents Day holiday

Published on February 22, 2011 By Greg

Australian and Asian Market Report 22nd February 2011

Asian markets are trading lower this morning, amid persistent political tensions in the some of the North African and Middle East countries. In Japan, shipping stocks, Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha, traded lower, as cargo shipping rates dropped yesterday. Shares extended declines, after Moody’s [...]

US stocks advanced on Friday, amid upbeat results from the corporate sector, shrugging off concerns over tightening of China’s monetary policy

Published on February 21, 2011 By Greg

International Market Report 21st February 2011

US stocks advanced on Friday, amid upbeat results from the corporate sector, shrugging off concerns over tightening of China’s monetary policy. Caterpillar added 2.4%, as it stated that worldwide demand for its retail machinery continued to be strong, with sales growing 49% in January. Oil sector stocks, Chevron and Exxon [...]

Abacus tots up £20 million fine for Goldman

Published on September 9, 2010 By Greg

International Market Report 9th September 2010
FTSEurofirst 300 index added 1.0% to 1,072.0. German DAX Xetra 30 rose 6,164.4 and increase of 0.8%. French CAC-40 edged up 0.9% to settle at 3,677.2.  NASDAQ climbed to 2,228.9 up 0.9%. S&P 500 index closed 0.6% higher, at 1,098.9.
Other European markets finished higher yesterday, after successful Portuguese and Polish [...]

Upbeat manufacturing data from US and China

Published on September 2, 2010 By Greg

International Market Report 2nd September 2010
FTSEurofirst 300 index gained 2.9% to close at 1,055.7. The German DAX Xetra 30 rose 2.7% to 6,083.9. French CAC-40 edged up 3.8% to settle at 3,623.8. DJIA jumped 2.5% to close at 10,269.5. The Nasdaq climbed 3.0% to 2,176.8. The S&P 500 index closed 3.0% higher, at 1,080.3. Nikkei [...]