- Nichole Harper
- 19 Feb, 2013
- New York City
U.S. stocks extended gains after the latest earnings release and widespread gains in the European markets. German investor confidence rose more than estimated. Merger talks among office supply retailers also contributed to the positive sentiment. Homebuilder confidence unexpectedly fell in February.
- Barry Randall
- 19 Feb, 2013
- New York City
Markets in the European Union soared after German investor confidence in February was ahead of expectations by a wide margin. Spain successfully raised 4 billion euros meeting its debt sale target. Italy is set to complete parliamentary election this weekend.
- Hiruki Nakamura
- 19 Feb, 2013
- New York City
Stocks in Tokyo edged lower and the yen gained against the dollar. Prime minister will delay the appointment of Bank of Japan governor after his return from a trade summit talks with President Obama later this week. Bridgestone soared on earnings surprise.
- Mukesh Buch
- 19 Feb, 2013
- New York City
Bruker Corp fourth quarter net plunged 67% and Cimarex net declined 15%. Medtronic third quarter net climbed 6% and reiterated fiscal outlook. Omnicare fourth quarter surged 90% and Sealed Air net swung to a profit and Wolverine net to a loss.
- Marcus Jacob
- 19 Feb, 2013
- New York City
Australian market indexes closed at a 4-year high on the strength in resource and bank sector stocks. Earnings drove the market sentiment. Arrium reported higher operating earnings but took a massive asset write down. Coca-Cola Amatil annual net declined 22%. Asciano net soared 74%.
- Nigel Thomas
- 19 Feb, 2013
- New York City
Danone revenue advanced 5% to
- Mukesh Buch
- 19 Feb, 2013
- New York City
Eicher Motors fourth quarter net plunged 24% and GSK Pharma net climbed 1.3%. Kingfisher said UB Holdings revised loan limits to $125 million. Tech Mahindra acquired majority stake in Brazil based Complex IT.
- Mukesh Buch
- 18 Feb, 2013
- New York City
Carlsberg revenue drooped and profit declined 10%. Independent News & Media plc sold its South African business. Natixis agreed to sell assets to Banques Populaires and Caisses d
- Hiruki Nakamura
- 18 Feb, 2013
- New York City
The Nikkei index in Tokyo soared 2.1% and the yen resumed its slide to drop near a 33-month low. G20 policymakers issued a broad statement that focus on the region and avoided a direct criticism of aggressive monetary easing by Japan.
- Barry Randall
- 18 Feb, 2013
- New York City
Carlsberg revenue drooped and profit declined 10%. Independent News & Media plc sold its South African business. Natixis agreed to sell assets to Banques Populaires and Caisses d
- Marcus Jacob
- 18 Feb, 2013
- New York City
Australian stocks closed higher and mining and financial stocks extended gains. Boart Longyear plunged 8% after it reported 58% fall in full-year profit. Lend Lease reported 39% increase in profit. Amcor half-year net increased 16%.
- Bikram Pandey
- 15 Feb, 2013
- New York City
Stocks on Wall Street traded sideways and investors awaited comments from G20 policymakers gathering in Moscow. Gold and silver plunged sharply and the yen and the euro were in focus. 3G Capital and Berkshire Hathaway offered $1.4 billion in breakup fees for the Heinz deal.
- Nichole Harper
- 15 Feb, 2013
- New York City
U.S. stocks traded sideways as earnings, deals and currency trading overshadowed market sentiment. The euro and yen were in focus ahead of comments from policymakers gathering from 20 nations in Moscow. U.S. industrial production declined in January.
- Barry Randall
- 15 Feb, 2013
- New York City
European markets edged slightly higher after the release of mixed batch of earnings. The meeting of G 20 finance ministers and central bankers drew attention from currency traders after the yen declined sharply in the last three months.
- Mukesh Buch
- 15 Feb, 2013
- New York City
American Electric Power fourth quarter net tumbled 93% and Campbell Soup second quarter net slipped 7%. CBS Corp fourth quarter net climbed 6% and Kraft Foods net tumbled 72%. Smucker third quarter net surged 32% and V.F. Corp fourth quarter net soared 30%.