Philip Chua Business Blog

Posts Tagged ‘Industrial’

The Dow Jones industrial average had its first triple-digit drop of 2010 as mounting losses from loans at JPMorgan Chase & Co. sent investors rushing from stocks.







Business – Industrial production – Economy – Government – Investing

Industrial production rose in line with expectations in December as electric and gas utilities stepped up output in an unusually cold month, a Federal Reserve report showed on Friday.







Federal Reserve System – Industrial production – Business – Economic – Social Sciences

Stocks ended marginally higher Wednesday as rising commodity prices offset losses that followed a disappointing report on housing.







Business – Investing – Dow Jones Industrial Average – Stocks and Bonds – Stock market

THE war of the Reits between MacarthurCook Industrial (MI-Reit) in one corner and Cambridge Industrial Trust (CIT) in the other hit a new level yesterday when both firms called trading halts to make announcements.
Their simmering row has mostly been confined to full-page newspaper advertisements but it has intensified in the run-up to Monday’s key meeting to vote on MI-Reit’s financing plans.
CIT … more

A 70-POINT rise in the December futures contract on the Dow Jones Industrial Average, a 1.7 per cent rise in Hong Kong’s Hang Seng index and a firm opening Europe-wide yesterday led traders here to bet heavily on Wall Street opening the week with a bang. The subsequent buying targeted mainly banks and propelled the Straits Times Index up 56.62 points to 2,783.85 in moderate volume of 1.85 billion … more

By Jonathan Kwok & Fiona Chan

BAD FOR: COMPANIES THAT DEAL IN US DOLLARS
Companies like Armstrong Industrial, which receives a third of its payments in US dol… more

ASIAN stock markets were in the red yesterday as investors doubted whether equities would be able to continue their incredible bull run for much longer.

Even a better-than-expected United States housing market report and small gains on Wall Street – the Dow Jones Industrial Average added 0.36 per cent to reach its highest level since November – failed to inspire much buying here.

The benchmark… more

AFTER gaining some 382 points in the four weeks since it closed at 2,299 on July 3, the Straits Times Index yesterday dropped 32.88 points to 2,648.76, perhaps its first significant correction during this period. A reversal in Hong Kong and a 50-points slide into negative territory for the September futures on the Dow Jones Industrial Average suggested that the selling was largely in anticipation … more

HEIGHTENED earnings expectations resulted in a 3.7 per cent rise in Hong Kong’s Hang Seng Index yesterday, which helped lift Singapore’s Straits Times Index 25.19 points to 2,456.15.

Also helping were expectations that Wall Street would enjoy a positive Monday, thanks largely to a 30- point rise in the September futures on the Dow Jones Industrial Average and a firm opening across Europe.

Brok… more

STOCKS here face an uncertain start to the week ahead, as the second quarter earnings season here and elsewhere gets underway. Investors looking to the US for direction may find some reason for cheer, despite the rather confusing end to last week.
On Friday, major US equity indices turned in a mixed performance, with the blue-chip Dow Jones Industrial Average rising 0.4 per cent to 8,743.94, but … more