- Arthi Gupta
- 26 Sep, 2012
- New York City
U.S. indexes tracked lower European markets after protests in Spain and Greece lifted tensions in the bond market and Spanish yields rose near 6%. Ford plans jobs cut in Europe. Onex agreed to acquire KraussMaffei for
- Arthi Gupta
- 26 Sep, 2012
- New York City
Infineon revised fourth quarter revenue guidance. Banco Santander priced initial public offering of its Mexican subsidiary. ICAP estimated first-half group revenue to be lower than the previous year.
- Arthi Gupta
- 26 Sep, 2012
- New York City
The European indexes dropped more than 2% as politicians face street protests. Italy raised
- Bikram Pandey
- 25 Sep, 2012
- New York City
U.S. stocks drifted lower at close after a Fed official criticized the latest stimulus plan from the Fed and Caterpillar lowered its outlook in 2015. Metropolitan home prices in twenty largest cities increased for the third month in a row.
- Mukesh Buch
- 25 Sep, 2012
- New York City
Carnival Corp profit nearly was flat and FactSet net jumped 19%. Neogen net climbed 12% and Red Hat net declined 13%. Paychex estimated fiscal revenues to increase as much as 6%. Staples announced restructuring. Vail Resorts lowers its fiscal outlook.
- Nigel Thomas
- 25 Sep, 2012
- New York City
Stocks in Tokyo advanced ahead of the interim dividend deadline. Machinery and equipment makers declined after Caterpillar lowered its 2015 outlook. Panasonic, Toyota and Sony were among the companies the closed higher ahead of going ex-dividend tomorrow.
- Marcus Jacob
- 25 Sep, 2012
- New York City
Australian markets traded lower after commodities and iron ore prices declined. Fortescue Metals awarded $1.5 billion mine management contract to Leighton Holdings.
- Arthi Gupta
- 25 Sep, 2012
- New York City
U.S. indexes trend higher in early pre-market trading. The IMF Chief Lagarde urged European policymakers to approve single banking authority. Caterpillar lowered earnings guidance for 2015. C.H. Robinson agreed to acquire Phoenix International.
- Arthi Gupta
- 25 Sep, 2012
- New York City
Diageo confirmed that it is in talks to acquire an interest in United Spirits. Sanofi planned to slash approximately 900 jobs in France by the year 2015. Smurfit Kappa Group agreed to acquire Orange County Container Group for $340 million.
- Arthi Gupta
- 25 Sep, 2012
- New York City
The European indexes extended losses for the second day. Italy and Spain completed bond auctions today. UK mortgage approvals rose in August. Cairn Energy sold 8% stake in Cairn India for $910 million.
- Bikram Pandey
- 24 Sep, 2012
- New York City
U.S. indexes were firm as attention in Europe shifts to a broader economic decline as France and Spain struggle to release budgets that meet the European Union guidelines and contain the widening unemployment. Yields on the U.S. Treasuries and prices of gold, copper and crude oil fell.
- Nigel Thomas
- 24 Sep, 2012
- New York City
The Nikkei index in Tokyo edged lower after international trading offered weak outlook and gathering storms on relationship with China. Toyota resumes production at all nine factories in China today. All Nippon Airways plans to order 11 Dreamiliners from Boeing at list price of $3.3 billion.
- Mukesh Buch
- 24 Sep, 2012
- New York City
Black Diamond agreed to acquire PIEPS Holding GmbH. Covidien to buy CNS Therapeutics for $100 million. Lennar net climbed on sales. TiVo settled its pending patent litigation with Verizon.
- Arthi Gupta
- 24 Sep, 2012
- New York City
The UK indexes slid after the household finance index dropped in September. Royal Bank of Scotland plans to slash 300 more jobs at its investment banking unit. A.G. Barr first half turnover rose 4.9% to
- Arthi Gupta
- 24 Sep, 2012
- New York City
U.S. indexes opened lower as the attention in the euro zone crisis shifted to Spain and France and German business confidence declined. Tomkins agreed to sell its air distribution division for $1.1 billion. Home builders Lennar and KB Home gained on quarterly results.