Increase in Stocks of the Japan for the first time in four days on U.S. housing starts

April 20, 2011, 2: 47 PM EDT by Norie Kuboyama and Satoshi Kawano

April 20 (Bloomberg) - Japanese stocks advanced near two weeks after the U.S. implemented construction increased and revenues exceeded estimates to companies, including Johnson & Johnson, the largest in the world of signaling economy is recovering.

FANUC Corp., largest maker of the Japan of industrial robots, gained 2.3%. Toshiba Corp., Advantest Corp. and other chip manufacturers and related tools of advanced after Intel Corp. sales forecast that can top estimates. Inpex Corp., most of the country's oil Explorer, rose to 3.1% increase in the price of the crude.The Nikkei 225 Stock average reached 1.8% 9,606.82 as of the close in Tokyo, the largest gain since April 8. The broader Topix advanced 1.2% to 837.17. Index has decreased about 10 per cent since the magnitude-9 earthquake and tsunami on March 11 which devastated the northeast coast of the Japan and paralyzed a nuclear power plant. "" You are seeing signs in Europe and the United States are always on the road to recovery, "said Hiroichi Nishi, a manager of shares to SMBC Nikko Securities Inc. in Tokyo. "That has helped ease the nerves."The standard & poor 500 Index gained 0.6% yesterday in New York after the Commerce Department said housing starts increased 7.2% in March from February. Work has begun on 549,000 homes, exceeding forecasts median 520 000 economists surveyed by Bloomberg News.Exporters ClimbJapan exporters gained after housing report. FANUC, a manufacturer of equipment for factory obtains approximately 80% of sales abroad, increased by 2.3% to 13,190 yen. Sony Corp., most large exporter of the Japan of electronics, increased by 0.9% to 2,458 yen. Automakers including Toyota Motor Corp., Honda Motor Co., and Nissan Motor Co. said.Shares also gained after yesterday in Europe and the US companies reported results that beat projections, help boost confidence in the global recovery. Johnson & Johnson, vendor of second largest in the world of health products, forecast earnings of 4.90 $ to $ 5 a share, better than an estimate of $ 4.80 to $ 4.90 in businesses related to the January.Chip advanced after Intel, the world's largest producer in the World Semiconductor, sales in the second quarter forecasts that high may analysts estimates. The demand for processors for powerful machines that manage Web services is outweigh personal computer slower growth, said the company based in Santa Clara, Californie.Intel stimulates the ChipmakersToshiba, the second global manufacturer of chips used to store photos and music in smartphones and other portable devicesrose 3.7% to 416 yen. Advantest, the world's largest manufacturer of semiconductor test equipment and Elpida Memory Inc., exclusive manufacturer of the Japan of PC memory, also rose.Toshiba received boost after Nomura Holdings Inc. reiterated its "buy" rating on the company, saying that chip company would drive earnings, even as sales related to nuclear energy in the fall following the disaster of last month. Shares of the company, which makes everything from semiconductors to atomic plants, have fallen 17 percent since the earthquake and tsunami that caused explosions and radiation leak in Fukushima Dai-Central Ichi of Tokyo Electric Power Co..Currency of weak Japan, giving relief to exporters in the country. The depreciated yen low as 119.67 against the euro today in Tokyo, compared with 117.24 end of stock trading yesterday on speculation, the Central Bank European will raise interest rates. Against the dollar, currency of Japan weakened the 82.44.Oil 83.10 and trading companies of such as the rise in the price of crude oil and metal. Inpex reached 3.1 per cent yen 601,000 after crude oil for may delivery gained $1.03 to $108.15 US per barrel yesterday in New York. Mitsubishi Corp., largest trader of the Japan-based products, advanced after the London Metal Exchange six metals Index had its biggest gain in nearly two weeks.

-With the assistance of Toshiro Hasegawa in Tokyo. Editors: Jason Clenfield, Nick Gentle.

To communicate with journalists for this story: Norie Kuboyama in Tokyo at the nkuboyama@bloomberg.net; Satoshi Kawano in Tokyo, at skawano1@bloomberg.net.

To contact the responsible editor of the story: Nick Gentle at ngentle2@bloomberg.net.

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Starts in pink U.S. 7.2% in March to 549,000 pace

April 19, 2011, 4: 11 pm EDT by Bob Willis

(Updates with in the fifth paragraph of closing market prices).

April 19 (Bloomberg)--a gain in March put in shipyard failed offset ground lost the previous month, as houses U.S. manufacturers continue to struggle almost two years after the economic recovery.Work began on 549,000 homes at an annual rate, up to 7.2% from the prior month and exceeding forecasts median 520 000 economists surveyed by Bloomberg News, the Commerce Department figures showed today in Washington. Starts fell by 19% in February to the lowest level in almost two years.Housing, which has pushed the economy into recession, remains the weakest link in the recovery and continues to weigh on the fall in prices of real estate of consumption spending. The prospect of more seizures and forecast to average 8.7% this year unemployment means that any recovery in housing can take the time to develop. "" We remain at very low levels, ", said Richard DeKaser, Economist at the Parthenon Group in Boston, which provide correctly increase last month. "The best description is bumping on the merits.". The underlying trend is one of stability or modest improvement since we received our low point it a few years ago. "The stocks increased as income to corporations, Johnson & Johnson to Steel Dynamics Inc. exceeded estimates. The standard & poor 500 Index climbed 0.6% 1,312.6 the 4 hours close again York.Housing starts estimates varies from 475 000 to 620 000 in the Bloomberg News of 77 economists survey.February RevisionThe Commerce Department revised in February at a pace 512.000 total, up by a previously estimated 479,000. It is still the lowest since a 477,000 in April 2009 rate was the lowest on record.The revisions more an increase in applications for construction is less dire figures. Allowed to construct a proxy for future construction, increased by 11% to a pace 594,000. They were projected to increase by 1.1% to an annual rate of 540 000.Construction of single-family homes increased 7.7% at a rate of 422,000 in March from the previous month. Work on the multifamily residences, such as houses, row and apartments, increased by 5.8% to an annual rate of 127, 000.Starts rose in three of the four regions, led by a jump of 32 percent in the Midwest. They fell 3.3% in the South.Confidence among the manufacturers U.S. fell in April, led by a decline in sales opportunities. The index of the National Association of Home Builders/Wells Fargo feeling refused 16 this month of 17 March, the Washington-based group data showed yesterday. A measure of sales expectations for the next six months dropped to the level lowest since October.Home SalesNew-home sales fell to an extremely low annual rate of 250 000 in February, the Commerce Department reported on March 23. The median price dropped to the lowest level since December 2003.Sales of existing houses, which represent more than 90% of the market, has increased from 2.5% to 5 million annual pace in March, economists surveyed by Bloomberg forecast of the National Association of Realtors is report tomorrow. Sales have gained market share of new homes because of the cash purchase over residences in distress.Loan rates are rising because covers the whole of the economy. The average rate on a 30-year fixed loan increased to 4.98% the week ending 8 April, the highest since February 18, according to the Mortgage Bankers Association. Costs of borrowing soared since reaching 4.21% in October, the lowest since the beginning of the records of the group in 1990.More ForeclosuresEven with seized home currently delayed that banks and the state attorneys general struggle to agree on the new guidelines, deposits of foreclosure will be mounted about 20% in 2011atteignant a peak of the crisis in housing, RealtyTrac Inc. said January 13 Inc. CoreLogic month last considers approximately 1.8 million households were delinquent or in foreclosure, a set of "shadow inventory" supposedly to add to the 3.5 million existing homes already on the market. "Federal Reserve policy makers activity on the housing market continued to be depressed, retained by the extensive inventory of property seized or in difficulty on the market and by the weakness of demand,"said their policy meeting minutes March 15 released 5." April-builders are not optimistic. KB, the Los Angeles home builders goals early buyers, this month reported a loss greater than expected for the quarter ended February 28 as orders plunged. "Today's consumer is very careful, if they have the door to the House prices falling further, their employment status, their ability to qualify for a loan, or general confidence in the economy,"the President and Chief Executive Officer Jeffrey Mezger"said during a conference call with analysts on April 5. "A sustained recovery, bringing together housing produce until we start to experience significant job creation."

-Editor: Carlos Torres

To contact the reporter on this story: Bob Willis to Washington for bwillis@bloomberg.net

To contact the editor responsible for this story: Christopher Wellisz to the cwellisz@bloomberg.net

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"Gagarin" starts to the space station

A Russian Soyuz launch spaceship from the same launch pad of Yuri Gagarin when he was blasted 50 years ago from the cosmodrome Baikonur in Kazakhstan the first man in space, just a week shy of April used 12 anniversary. The launch took place in good time on April 5, 2010 4: 18: 20 pm local time (6: 6:20 pm EDT on April 4.), sending two cosmonauts and a NASA astronaut on the international space station: Soyuz Commander Alexander Samokutyaev, flight engineer Andrey Borisenko and NASA astronaut Ron Garan. The rocket carried the image (see below) and name of Gagarin, to celebrate its historic flight.

Expedition 27 shows Soyuz rollout of the Soyuz with a picture of Yuri Gagarin, to celebrate the 50th anniversary of the first human in space. Credit (NASA/Carla Cioffi)

Should the crew of the ISS on Wednesday reach.

27 Crew members of the expedition of top, Russian flight engineer Andrey Borisenko, NASA Engineer Ron Garan and Soyuz Commander Alexander Samokutyaev wave farewell to the bottom of the Soyuz rocket before its launch at the international space station from the cosmodrome Baikonur in BaikonurKasachstan on Tuesday, April 5, 2011. photo credit (NASA/Carla Cioffi)

Tagged as: Soyuz, space, space station

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