- Bikram Pandey
- 02 Nov, 2012
- New York City
Stocks on Wall Street sold off in the afternoon on the mounting cost of Hurricane Sandy and the looming uncertainty linked to the presidential election next week. Gold and crude oil fell more than 2% and market indexes declined more than 1%.
- Mukesh Buch
- 02 Nov, 2012
- New York City
AIG third quarter net swung to $1.9 billion profit and Hess net surged 87%. Ralph Lauren third quarter net slumped 8% and lifted fiscal outlook. Starbucks fourth quarter net was nearly flat but lifted the annual estimate. McGraw-Hill third quarter net declined 14%.
- Nichole Harper
- 02 Nov, 2012
- New York City
Stocks in New York traded higher after employers added more than expected jobs in October and data for September and August were revised sharply higher. Unemployment rate increased to 7.9%. Factory orders increased 4.9%, largest increase in a year.
- Nigel Thomas
- 02 Nov, 2012
- New York City
Stocks in Tokyo surged for the third day in a row following the gains in New York and the yen weakened. Sharp and Panasonic extended declines after estimating sharply higher losses. Also, Nikon lowered its outlook.
- Marcus Jacob
- 02 Nov, 2012
- New York City
Australian markets closed flat on a weakness in banks and weak trading in resource sector. Qantas held out possibility of a dividend but did not cite a specific data. Westfield confirmed its malls in the U.S. did not suffer any major damage from the Hurricane Sandy.
- Arthi Gupta
- 02 Nov, 2012
- New York City
The European indexes traded sideways ahead of the U.S. payrolls report. The downturn in the euro zone manufacturing sector extended in October. The UK construction sector remained subdued in October.
- Arthi Gupta
- 02 Nov, 2012
- New York City
Alcatel-Lucent and RBS swung to quarterly loss. BMW said U.S. sales rose 21% in October. Beiersdorf first nine months annual sales improved to
- Bikram Pandey
- 01 Nov, 2012
- New York City
Stocks on Wall Street advanced after latest jobless claims and private sector employment growth. U.S. manufacturing also advanced in the previous month. Auto sales rose less than expected and same store sales lagged expectations in October.
- Nichole Harper
- 01 Nov, 2012
- New York City
Market indexes in New York jumped more than 1% after weekly jobless claims declined and manufacturing growth increased in October. Construction spending rose to a three-month high and consumer confidence increased to the highest in four years.
- Mukesh Buch
- 01 Nov, 2012
- New York City
Cigna third quarter net jumped 155% on revenue growth. Exxon Mobil net slumped 7% and Exelon profit plunged 51%. Pfizer third quarter net declined 14% as sales dropped. Visa fourth quarter net soared 89%.
- Nigel Thomas
- 01 Nov, 2012
- New York City
The Nikkei average in Japan increased for the second day in a row after the yen softened and China reported first manufacturing advance in October in three months. TDK Corp and Fujifilm Holdings, Sony and Sharp fell on weak quarterly results.
- Marcus Jacob
- 01 Nov, 2012
- New York City
Australian stocks drifted lower after weak opening despite the evidence that Chinese manufacturing activities are stabilizing. Home prices in Australian cities declined for the first time in five months.
- Arthi Gupta
- 01 Nov, 2012
- New York City
The European indexes gained after a rebound in Chinese manufacturing activity. The UK home prices increased more-than-estimated and Greek manufacturing activity declined in October. Swiss retail sales eased in September.
- Bikram Pandey
- 31 Oct, 2012
- New York City
Stocks were little changed and 2.76 billion shares changed hands on the New York Stock Exchange. Home Depot and Lowe