- Arthi Gupta
- 17 Oct, 2012
- New York City
The European indexes rose and Moody''s confirmed Spanish bond rating but with a negative outlook. Hungary announced new austerity measures to curtail deficit. ASML agreed to acquire Cymer for
- Arthi Gupta
- 17 Oct, 2012
- New York City
U.S. indexes traded sideways after housing starts surged to a four-year high in September but IBM and Intel reported weak earnings reports. Exxon Mobil Canada agreed to acquire Celtic for C$3.1 billion and HCP agreed to purchase 133 senior housing communities for $1.73 billion.
- Arthi Gupta
- 16 Oct, 2012
- New York City
The UK indexes gained after inflation eased to a three-year low in September. Rio Tinto third quarter global iron ore production rose 5% to 67 million tons. Bodycote acquired U.S.-based Carolina Commercial Heat Treating for $68 million.
- Arthi Gupta
- 17 Oct, 2012
- New York City
Euro zone construction output climbed in August but German production fell 2.8%. Germany slashed its economic growth outlook for 2013 and investor confidence in Switzerland improved in October.
- Arthi Gupta
- 17 Oct, 2012
- New York City
Danone consolidated sales rose 9.4% to
- Arthi Gupta
- 16 Oct, 2012
- New York City
U.S. indexes advanced after consumer prices rose and output rebounded in September. Upbeat corporate earnings lifted investor sentiment. Goldman Sachs swung to quarterly profit.
- Arthi Gupta
- 16 Oct, 2012
- New York City
The European indexes gained more than 1% after German sentiment improved and expectations of a Spanish bailout request increased. S&P cut ratings on 11 Spanish banks and borrowing costs fell at a bond auction today. Portugal unveiled a tough budget for 2013.
- Arthi Gupta
- 16 Oct, 2012
- New York City
New passenger car registrations in Europe fell and annual inflation was flat in September. German sentiment improved in October. Euro zone surplus rose in August.
- Arthi Gupta
- 16 Oct, 2012
- New York City
Casino Guichard Perrachon sales soared 35.2% to
- Devan Biswas
- 15 Oct, 2012
- New York City
U.S. indexes closed at the high of the day after retail sales were ahead of expectations confirming the slow economic recovery in place. Softbank agreed to pay $20 billion to acquire 70% stake in Sprint Nextel. Latest trade data from China lifted Asian markets.
- Arthi Gupta
- 15 Oct, 2012
- New York City
The UK indexes advanced after home prices increased in October and gross domestic product is estimated to drop 0.2% this year. Santander UK withdrew out of its agreed purchase of 316 RBS branches valued at
- Arthi Gupta
- 15 Oct, 2012
- New York City
SoftBank agreed to acquire 70% stake in Sprint Nextel in a complex deal that will offer $8 billion investment in the company and $12.1 billion to current shareholders.
- Arthi Gupta
- 15 Oct, 2012
- New York City
U.S. indexes gained after retail sales rose more than estimated in September. Softbank agreed to acquire a 70% stake in Sprint Nextel for $20.1 billion. Citigroup earnings plummet but beat estimates.
- Arthi Gupta
- 15 Oct, 2012
- New York City
The European indexes rose on better than estimated Chinese economic data. Greek premier Samaras optimistic on securing the next tranche of bailout fund soon. ITT agreed to acquire Bornemann Pumps for
- Arthi Gupta
- 15 Oct, 2012
- New York City
Greek import price inflation rose and Czech current account deficit widened in August. Swiss producer and import price climbed in September.