- Arthi Gupta
- 08 Nov, 2012
- New York City
The UK indexes fell after the Bank of England left the key rate unchanged at 0.5% and maintained its quantitative easing at
- Arthi Gupta
- 08 Nov, 2012
- New York City
U.S. indexes advanced and trade deficit narrowed in September to a 2-year low and jobless claims fell unexpectedly by 8,000 to 355,000 after the Superstorm Sandy disrupted businesses and distorted data. Wendy''s third quarter loss widened.
- Marcus Jacob
- 08 Nov, 2012
- New York City
Australian benchmark index declined 0.7% tracking lower world markets. Resource stocks led the decliners. Qantas said it will eliminate 500 jobs in Australia as it cuts one aircraft maintenance hub.
- Mukesh Buch
- 08 Nov, 2012
- New York City
Duke Energy third quarter net climbed 26% and lifted outlook. Dean Foods quarterly net swung to $36.4 million profit and FirstEnergy net jumped 20% but narrowed guidance. Kohl
- Mukesh Buch
- 06 Nov, 2012
- New York City
AOL third quarter net swung to $20.8 million profit. CVS Caremark net jumped 16% to $1.01 billion on sales growth. DirecTV third quarter net climbed 9% to $565 million as subscriber jumped. EOG Resources net slumped 34% and NYSE Euronext net declined 42% to $108 million.
- Mukesh Buch
- 07 Nov, 2012
- New York City
Agrium third quarter net plunged 56%. Express Scripts net surged 21%. Kraft Foods net climbed 13% to $470 million and Macy
- Nigel Thomas
- 07 Nov, 2012
- New York City
The Nikkei index in Tokyo edged lower after the yen gained and another batch of weak earnings from industrial companies. Chiyoda Corp and Taiyo Yuden reported weak results.
- Marcus Jacob
- 07 Nov, 2012
- New York City
Australian stocks and the dollar closed higher after the reelection of U.S. President Barack Obama. News Corp said quarterly net tripled from a year ago. Retailer Harvey Norman said quarterly sales declined 10% and profit fell 20%.
- Arthi Gupta
- 08 Nov, 2012
- New York City
Greek jobless rate increased to 25.4% in August. German trade surplus rose and French trade deficit narrowed but Hungarian surplus declined in September. Swiss unemployment increased to 3%.
- Arthi Gupta
- 08 Nov, 2012
- New York City
Societe Generale net banking income fell 17% to
- Arthi Gupta
- 08 Nov, 2012
- New York City
The European indexes gained after the European Central Bank held key rate. The euro area economic climate deteriorated in the fourth quarter. Spain sold
- Arthi Gupta
- 07 Nov, 2012
- New York City
The UK indexes slumped after shop price inflation accelerated to 1.5% in October and economy estimated to expand 1.1% in 2013 and 1.7% in 2014. Stagecoach agreed to acquire the bus business and assets of Bluebird for
- Arthi Gupta
- 07 Nov, 2012
- New York City
U.S. indexes dropped 1% after investors focused on the fiscal cliff negotiations with the divided Congress. Barack Obama was reelected for the second presidential term. AT&T plans to invest $14 billion over the next three years to enhance its wireline IP broadband networks.
- Arthi Gupta
- 07 Nov, 2012
- New York City
The European indexes edged lower after the European Commission lowered euro area growth outlook for next year. German economy forecasted to shrink in 2013. The Greek parliament is scheduled to vote on the austerity measures today. ING plans to slash 2,350 jobs.
- Arthi Gupta
- 07 Nov, 2012
- New York City
Retail sales volume in the euro area decreased and Spanish industrial production slumped in September. German construction activity fell at an accelerated rate and Swiss consumer prices eased in October.