- Nichole Harper
- 08 Feb, 2013
- New York City
U.S. stocks traded higher after trade deficit narrowed in December. Markets in Asia and Europe were higher after China reported a surge in exports to the U.S. and Europe and domestic demand improved. Oil rose to a high for the year.
- Mukesh Buch
- 08 Feb, 2013
- New York City
AOL fourth quarter net surged 57% and Buckeye net plunged 42%. CBOE fourth quarter net climbed 25% and Entergy net soared 92%. LinkedIn net vaulted 67% and the site crossed 200 million members. Moody
- Arjun Dave
- 08 Feb, 2013
- New York City
China reported a surge in exports and imports as demand in domestic and international markets rebounded. Adjusting for holiday calendar, exports rose more than 12% and imports gained more than 3%. Exports to the U.S. increased at the fastest pace in 10 months and to the EU in a year.
- Barry Randall
- 08 Feb, 2013
- New York City
Online gambling stocks in London traded higher after New Jersey Governor said he would online wagering on games operated by Atlantic City casinos. Software AG increased on a stock buyback plan. Telecom Italia reported 11.7 billion euros in operating earnings.
- Barry Randall
- 08 Feb, 2013
- New York City
European markets edged up after European Union leaders agreed to trim the budget spending in the next seven-year plan. Oil gained after China reported a surge in exports in January indicating recovering demand in domestic and world markets.
- Hiruki Nakamura
- 08 Feb, 2013
- New York City
Stocks in Tokyo halted a 12-week rally and closed down on Friday. Nikkei declined 0.3% in the week after the yen pause its recent slide. Sony plunged 10% after investors take profit after the stock ran up 42% in January.
- Marcus Jacob
- 08 Feb, 2013
- New York City
Australian stocks closed at a 22-month high after investors reacted to positive international trade data from China. Reserve Bank of Australia lowered its economic growth rate for 2013 and estimated inflation to be within its target range.
- Mukesh Buch
- 08 Feb, 2013
- New York City
ACC third quarter net declined 18.6% and Balaji Telefilms net soared more than three-fold. Cadila Health net plunged 31% and M&M net jumped 30%. MRF net surged 60% and McNally won order of Rs 171.84 crore. Sun Pharm net tumbled 80%.
- Bikram Pandey
- 07 Feb, 2013
- New York City
U.S. market indexes declined after cautious comments from European policymakers and weak earnings. Oil traded near elevated prices and market indexes recovered half the 1% decline. Retailers reported higher same store sales in January.
- Arjun Dave
- 07 Feb, 2013
- New York City
Gross Domestic Product is expected to slow down to 5% in the year ending in March as food prices drive inflation to a record high among emerging nations. The government is facing election in next 14 months and is expected to face an uphill battle to lower spending and fiscal deficit.
- Nichole Harper
- 07 Feb, 2013
- New York City
Stocks in New York traded lower after market sentiment veered towards consolidation and latest earnings failed to spark interest. The dollar edged up and gold gained after central banks in Europe and U.K. held rates. Weekly unemployment claims fell in the last week.
- Mukesh Buch
- 07 Feb, 2013
- New York City
Cognizant fourth quarter net climbed 16%. Cigna net surged 49% and lifted outlook. Noble Energy net swung to $251 million profit. Sprint loss widened. Teradata net jumped 15% and New York Times net surged more than three-fold.
- Barry Randall
- 07 Feb, 2013
- New York City
European markets were generally steady after the central banks in Europe and U.K. left key rates unchanged. Spain completed its bond offering at higher yields but yields fell at French bond auction. Vodafone reiterated its earnings outlook.
- Barry Randall
- 07 Feb, 2013
- New York City
Banks rebounded after the European Central Bank left its reference rate unchanged at 0.75%. Burberry Group replaced chief operating and finance officers. Alcatel reported another loss and chief executive stepped down. Compass Group reported higher than expected increase in sales.
- Hiruki Nakamura
- 07 Feb, 2013
- New York City
The Nikkei index retreated from a 4-year high and the yen pared back some of the recent weaknesses as investors fear overextended rally may be vulnerable to more yen swings. Sony reported eight quarterly loss and Mazda soared on heavy volume on higher net estimate.