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American Express beats forecasts but regulatory issues loom

22nd October, 2010 08:15

American Express Co's quarterly profit rose a better-than-expected 71% as credit quality improved and customers spent more, but regulatory issues cast a shadow of
Canada project aims to track BlackBerry traffic

22nd October, 2010 08:15

Canadian computer scientists have launched a project to track BlackBerry traffic exiting Research In Motion's encrypted network, with a focus on countries that hav
US data shows small gains, monetary stimulus seen

22nd October, 2010 08:15

A batch of new US data on Thursday painted a picture of an economy stuck in slow-growth mode, reinforcing views the Federal Reserve will ease monetary policy furth
Stocks in news: Balaji Tele, TCS, Wipro, Power Grid

22nd October, 2010 08:09

Piramal Healthcare | Balaji Tele | Novartis | Sasken | Ambuja Cements | TCS | Wipro | Power Grid | Biocon and SKS Microfinance are stocks, which are in the news to
FIIs net buy Rs 851.8 cr in equities on Thursday (prov)

22nd October, 2010 08:04

The markets closed at day's high, led by RIL, ITC, HUL and Bharti. TCS Q2 numbers were better-than-expectations.
UK to raise $4 bn stg with bank levy

22nd October, 2010 07:56

Britain said it expected to raise about 2.5 billion pounds (USD 4 billion) a year by 2012 to 13 from a permanent tax on British and overseas banks' balance sheets.
Balaji Telefilms gets notice from service tax dept

22nd October, 2010 07:56

Television content provider Balaji Telefilms Ltd said on Thursday it has received a notice for non-payment of Rs 28.98 crore of service tax from April 2008 to Marc
Obama to meet with Apple CEO Jobs on Thursday

22nd October, 2010 07:56

US President Barack Obama is having a 45-minute meeting on Thursday afternoon in San Francisco with Apple Inc Chief Executive Steve Jobs, White House spokesman Rob
Wall Street edges up whipsawed by dollar, earnings

22nd October, 2010 07:56

Wall Street edged higher in a volatile session on Thursday, torn between strong corporate earnings and a surge in the US dollar.
Nifty has resistance at 6160-6200: Gaba

22nd October, 2010 07:53

The crucial support on the downside for the Nifty is 6000-5930 and resistance at 6160-6200.
Indian ADRs: ICICI Bank up, MTNL, HDFC Bank down

22nd October, 2010 07:48

Indian ADRs ended mixed on Thursday. In the IT space, Infosys was up 0.88% at $ 67.42, Wipro was up 1.16% at $ 16.52 while Patni Computers was down 0.05% a
F&O cues: Futures Open Int up Rs 1649 crore

22nd October, 2010 07:46

F&O cues: Futures Open Int up Rs 1649 crore and Options Open Int down Rs 1437 crore.
US mkts slip from day's high to end flat

22nd October, 2010 07:40

The Nasdaq Composite rose just 2 points at 2460, after slipping of 22 points from day's high of 2482. The S&P 500 index was up 2 points at 1180, which came off 10
Wall Street ends higher; dollar gains, crude slips

22nd October, 2010 07:32

In the US markets, stocks staged a strong climb and indices surged to reach their best levels since May. However, the dollar's rally weighed on sentiment and all t

What will Canada do about BHP's Potash bid?

22nd October, 2010 08:15

The province of Saskatchewan on Thursday urged Canada to block BHP Billiton's C$39 billion (USD 38.2 billion) hostile bid for Potash Corp, leaving the Conserva
US regulators look at new rules for money funds

22nd October, 2010 08:15

US financial market regulators on Thursday issued a report proposing a number of options reforming money market funds to ensure their future stability.
EU makes progress on reforms but hurdles remain

22nd October, 2010 08:15

Europe is gradually putting in place the building blocks of a stronger defence against future economic crises, but its battle with huge sovereign debts and bulging
Ganeshaspeaks: Market prediction for Oct 22

22nd October, 2010 08:07

You can see that even when the statistical data of gold price, crude oil price, inflation, FII, DII or IIP are not taken into consideration, the predictions are ve
Gold drops 1.6% as jobs data triggers selling

22nd October, 2010 07:56

Gold fell to a three-week low on Thursday, losing nearly 2% as lower US jobless claims and a stalled euro rally prompted bullion investors to lock in recent profit
US jobless claims drop, monetary stimulus seen

22nd October, 2010 07:56

New US claims for jobless benefits fell more than expected last week, but not enough to suggest much improvement in the distressed labor market.
AIG raises $17.9 bn, prices AIA IPO at top

22nd October, 2010 07:56

AIA, the Asian life insurance arm of American International Group Inc, raised USD 17.9 billion by pricing its Hong Kong IPO at the top of an indicated range, sourc
American Express beats forecasts with $1.1 bn profit

22nd October, 2010 07:56

American Express Co reported a 71% rise in third-quarter profit on Thursday, beating expectations, as credit quality improved and its wealthy customers resumed spe
India's monsoon season to hit rice, other crops

22nd October, 2010 07:56

Following are selected highlights from a report issued by a US Department of Agriculture attache in India:
Crude tumbles more than 2% on dollar recovery

22nd October, 2010 07:49

In commodities, crude tumbled more than 2% in a sell-off sparked by the dollar's recovery from an earlier dip, as doubts re-emerged about the extent of potential U
ASBA scheme plays big role in Coal India

22nd October, 2010 07:47

The Application Supported by Blocked Amount (ASBA) scheme played a big role in the Coal India issue, reports The Hindu Business Line.
Market cues: NSE F&O Open Int up by Rs 212cr

22nd October, 2010 07:43

Market cues: NSE F&O Open Int was up by Rs 212 crore at Rs 1.85 lakh crore.
Asian markets trading firm; Hang Seng flat, Nikkei up

22nd October, 2010 07:39

At 7: 35 am (IST), Asian markets were trading firm. Hong Kong's Hang Seng was flat at 23,647.32. Japan's Nikkei was up 0.36% or 33.83 points at 9,410.31. Singapore

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