- Arthi Gupta
- 03 Dec, 2012
- New York City
The European indexes traded higher after a private survey showed improving manufacturing in China. The downturn in the euro zone manufacturing sector eased in November. Greece announced
- Arthi Gupta
- 03 Dec, 2012
- New York City
Cable & Wireless agreed to sell its Monaco and Islands businesses to Bahrain Telecommunications for $680 million. EADS confirmed plans for potential changes in the company shareholding structure and corporate governance.
- Bikram Pandey
- 30 Nov, 2012
- New York City
U.S. dollar inched lower and the euro gained as political rhetoric in Washington ratchet up. Lawmakers show no sign of compromise as the budget negotiation deadline looms. Oil gained and commodities prices edged higher on a cautiously optimistic outlook about economic growth in China.
- Nigel Thomas
- 30 Nov, 2012
- New York City
Nikkei index in Tokyo advanced after Japanese government approved the $1.2 billion stimulus measures ahead of general elections. Nikkei gained the best monthly gain since February. The yen traded near eight month low. Industrial production rose in October on a surge in electronics parts production.
- Marcus Jacob
- 30 Nov, 2012
- New York City
Australian stocks opened higher following the gains in Asian and European markets. Banks and resource sector stocks closed up. Qantas said October customer traffic increased 5.9% but revenue per seat declined. Lynas said it started its Malaysian rare earth plant.
- Arthi Gupta
- 30 Nov, 2012
- New York City
U.S. indexes traded sideways as lawmakers negotiate budget details. U.S. personal income increased but spending fell in October. Japan announced $10.7 billion of stimulus measures to boost economic growth.
- Arthi Gupta
- 30 Nov, 2012
- New York City
The euro area jobless rate rose and German retail sales fell in October. Annual inflation in the euro zone eased and UK consumer sentiment soared to an 18-month high in November. Osram plans to reduce 4,700 jobs by 2014.
- Mukesh Buch
- 30 Nov, 2012
- New York City
Avago Technologies fourth quarter slid 3% to $159 million. Genesco third quarter net surged 57% and lifted outlook. OmniVision second quarter plunged 51%. United Natural Foods first quarter net jumped 42% and Ulta Salon third quarter net soared 43%.
- Arthi Gupta
- 30 Nov, 2012
- New York City
Ferrovial declared a dividend of 1 euro gross per share. Royal Bank of Scotland canceled its agreement to sell its Indian Retail & Commercial banking operations to HSBC.
- Bikram Pandey
- 29 Nov, 2012
- New York City
Stocks in New York gyrated after lawmakers gave conflicting signals of budget negotiation progress. Pending home sales increased 5.2% in October and the second estimate of the U.S. economic growth was revised to 2.7% annual rate in the third quarter. Weekly jobless claims declined.
- Nigel Thomas
- 29 Nov, 2012
- New York City
Stocks in Tokyo rebounded from the sell-off in previous session. Electric utilities closed higher on the prospect of a rate hike next year. Steelmaker JFE Holdings gained on the speculation of positive cash flow.
- Marcus Jacob
- 29 Nov, 2012
- New York City
Australian markets traded higher and latest survey showed a sharp decline in mining industry capital spending plan. Rio Tinto said it plans to cut $5 billion in operating and support costs by 2014.
- Arthi Gupta
- 29 Nov, 2012
- New York City
Investors focused on the economic reports and shifted away from the fiscal cliff noise. Third quarter GDP growth was revised higher to 2.7% and weekly unemployment claims declined for the second week in a row last week.
- Mukesh Buch
- 29 Nov, 2012
- New York City
Barnes & Noble third quarter net swung to a loss. Beacon Roofing fourth quarter net dropped 11%. Infoblox first quarter loss widened. Kroger third quarter net climbed 62% and Tiffany quarterly net plunged 30%.
- Arthi Gupta
- 29 Nov, 2012
- New York City
The sentiment across the euro zone improved after falling for eight months in a row. Italy raised