- Bikram Pandey
- 04 Feb, 2013
- New York City
U.S. markets extended losses after European markets retreated, the euro edged lower and commodities eased. U.S. factory orders increased less than expected. Market indexes in Spain, Italy, France and Germany plunged between 2% and 3%.
- Barry Randall
- 04 Feb, 2013
- New York City
Banks in Spain and Italy declined on the new worries and the market indexes fell more than 2%. Julius Baer Group fell 3% after gross margins fell in the six-month period. Royal Imtech plunged 44% on accounting irregularities in Poland. Swatch gained 3% on 26% increase in 2012 earnings.
- Barry Randall
- 04 Feb, 2013
- New York City
European markets fell sharply after market indexes in Spain and Italy led the decliners in the region with a loss of more than 2%. Banks led the decliners. Bond yields of Spain and Italy rose and the euro edged lower.
- Mukesh Buch
- 04 Feb, 2013
- New York City
Acme Packet agreed to a deal with Oracle for $1.7 billion in cash. Gannett fourth quarter net declined 12% and Humana net slipped 4%. Sysco second quarter net dropped 12%. Sohu.com fourth quarter net declined 6% and Clorox second quarter net soared 18%.
- Nichole Harper
- 04 Feb, 2013
- New York City
Stocks opened lower after a rally that lifted indexes to five-year highs last week. European markets weakness weighed heavily on the market sentiment after index in Spain and Italy dropped 2%.
- Hiruki Nakamura
- 04 Feb, 2013
- New York City
Stocks in Tokyo extended gains of the longest rally in last fifty years on the international economic data. The yen weakened more as the government, central and pension fund work in concert to debase the currency.
- Marcus Jacob
- 04 Feb, 2013
- New York City
Australian stocks eased for the second day in a row ahead of rate announcement from Reserve Bank of Australia tomorrow. Stocks were also under pressure after the home building approvals declined 4.4% in January. Transurban and Cochlear are set to release earnings tomorrow.
- Mukesh Buch
- 04 Feb, 2013
- New York City
Adani Enterprises third quarter net increased 2.2% and Bank of Baroda net declined 21.6%. Berger Paints net surged 56.4%. Hero MotoCorp January total sales climbed 7%. Indian Bank net tumbled 37.1%. IL&FS Transportation net jumped 18.6% and Rural Electrification net surged 33.4%.
- Bikram Pandey
- 01 Feb, 2013
- New York City
Market indexes on Wall Street gained more than 1% and extended gains for the year. The S&P 500 index added 0.6% in the week and added 6.1% in the year so far on the strength in manufacturing and construction industry. World markets gained and the euro advanced to a 14-month high.
- Barry Randall
- 01 Feb, 2013
- New York City
BT Group soared 7% after it reported higher than expected adjusted operating earnings. Banca Popolare di Milano may restructure as a joint stock company. Stocks in Madrid declined after financial regulator lifted a ban on short selling. Tate & Lyle fell on sucralose sales outlook.
- Barry Randall
- 01 Feb, 2013
- New York City
European markets rebounded at the fastest pace in three weeks after latest economic data in the region indicated improved manufacturing sector. The data in China and U.S. also supported optimism. Spanish index dropped 1.7% after a regulator lifted short selling ban.
- Nichole Harper
- 01 Feb, 2013
- New York City
Stocks and indexes traded higher after employers added 157,000 jobs in January. Job additions data in November and December were revised higher and employers added 181,000 jobs a month in 2012.
- Mukesh Buch
- 01 Feb, 2013
- New York City
Aon fourth quarter net soared 10% and Chevron net soared 41%. Exxon Mobil fourth quarter net climbed 6% and Ingersoll-Rand net slipped 3%. Lear net surged more than seven-fold. Merck fourth quarter net declined 7% and Mattel net plunged 17%.
- Hiruki Nakamura
- 01 Feb, 2013
- New York City
The Nikkei index added 0.5% and capped weekly gain of 2.6% and extended gains for the 12th week in a row. The yen declined to the low last seen in June 2010. Softbank reported third quarter net doubled. NEC soared 9% swung to a quarterly profit.
- Marcus Jacob
- 01 Feb, 2013
- New York City
Australian markets extended gains after advancing nearly 5% in January. The latest manufacturing data from China indicated slower than expected improvement.