- Nigel Thomas
- 11 Dec, 2012
- New York City
The benchmark index in Tokyo edged lower for the second day in a row. Resona Holdings joined a group of three banks to offer an emergency loan of $4.4 billion to Sharp Corp.
- Marcus Jacob
- 11 Dec, 2012
- New York City
Australian benchmark index jumped to a high in the year after iron ore prices surged to the level last seen in July. Resource sector stocks led the gainers. Downer EDI jumped after it agreed to a settlement related to a Singapore tunnel dispute.
- Mukesh Buch
- 11 Dec, 2012
- New York City
ABM Industries fourth quarter net surged 54% and Dollar General third quarter net soared 22% to $208 million. Delta Air Lines agreed to buy 49% stake in Virgin Atlantic valued $360 million. Ferrellgas first quarter net loss narrowed.
- Arthi Gupta
- 11 Dec, 2012
- New York City
The U.S. Treasury sold its remaining stake in AIG. Belden agreed to acquire PPC for $515.7 million. Texas Instruments narrowed its estimated ranges for revenue and earnings per share.
- Arthi Gupta
- 11 Dec, 2012
- New York City
The European indexes rose after German economic confidence rebounded in December. French payroll employment fell in the third quarter. UK home prices declined in November.
- Arthi Gupta
- 11 Dec, 2012
- New York City
ThyssenKrupp scraps dividend after annual loss widens. ACE lowered fiscal year operating income outlook. HSBC agreed to pay $1.92 billion to settle U.S. anti-money-laundering charges.
- Bikram Pandey
- 10 Dec, 2012
- New York City
Stocks in New York gained following resurgent economic data from China. Growth in exports fell in November but retail sales and industrial production were sharply rebounded. Euro declined after the unexpected resignation from Italian prime minister.
- Arthi Gupta
- 10 Dec, 2012
- New York City
AIG agreed to sell up to a 90% stake in ILFC for $5.28 billion. Ingersoll-Rand plans to spin-off its commercial and residential security businesses. Honeywell agreed to acquire Intermec for $600 million.
- Arthi Gupta
- 10 Dec, 2012
- New York City
The European indexes traded sideways after Italian premier Mario Monti resigned ahead of schedule. The euro zone investor confidence improved in December and Greek output rose in October. The Italian economy contracted in the third quarter, fifth quarterly shrinkage in a row.
- Arthi Gupta
- 10 Dec, 2012
- New York City
STMicroelectronics decided to exit ST-Ericsson. Air France-KLM traffic rose 2.2% and BMW worldwide sales increased 26.4% in November. Rentokil completed acquisition of Western Exterminator Company and Eden Advanced Pest Technologies.
- Arthi Gupta
- 07 Dec, 2012
- New York City
U.S. indexes traded down on global economic slowdown worries. Yara agreed to acquire Bunge
- Arthi Gupta
- 07 Dec, 2012
- New York City
The European indexes traded sideways. The Bundesbank lowered German growth outlook for 2013. The Greek economy contracted in the third quarter and the UK output fell in October. GDF reduces stake in IP Maestrale.
- Arthi Gupta
- 07 Dec, 2012
- New York City
Daimler sold a 7.5%-stake in EADS for about
- Bikram Pandey
- 06 Dec, 2012
- New York City
U.S. indexes traded higher as the prospect of budget negotiation settlement rose. The number of foreclosure sale continues to drop to 19% of all sales across the nation in the third quarter. European Central Bank left its main rate at 0.75% and cut its estimate of growth to 0.3% in the euro zone.
- Arthi Gupta
- 06 Dec, 2012
- New York City
U.S. indexes dropped on fiscal cliff worries and foreclosure sales fell in the third quarter and jobless claims declined 25,000 to 370,000. European central banks held key rates.