- Arthi Gupta
- 05 Sep, 2012
- New York City
U.S. indexes declined after labor productivity rose more than estimated in the second quarter. FedEx lowered first quarter earnings outlook. General Cable completed the acquisition of the North American portion of Alcan Cable for $151 million.
- Nigel Thomas
- 05 Sep, 2012
- New York City
Stocks in Tokyo closed lower for the fifth day in a row and closed at a five-week low after weak manufacturing and construction data in the U.S. confirmed global economic slowdown. Toyota, Honda and Nissan edged lower after missing U.S. auto sales target in August.
- Marcus Jacob
- 05 Sep, 2012
- New York City
Australian GDP growth in the June quarter fell to 0.6% after rising at 1.4% in the previous quarter. The economy is expected to slow further in the second half as the iron price drop to a 3-year low.
- Arthi Gupta
- 05 Sep, 2012
- New York City
Euro zone economic downturn continued in August, as output contracted in Germany, France, Italy and Spain. Swiss consumer prices fell in August and retail sales in the euro zone declined in July.
- Arthi Gupta
- 05 Sep, 2012
- New York City
Richemont confirmed operating profit for the six months to be around 20% to 40% higher than last year. BMW U.S. vehicle sales declined in August. Schneider disposed AXA stake for
- Arthi Gupta
- 05 Sep, 2012
- New York City
The European indexes traded sideways ahead of the ECB policy meeting tomorrow. Germany sold
- Bikram Pandey
- 04 Sep, 2012
- New York City
U.S. indexes reversed earlier losses on a rally in tech stocks. Construction spending fell and factory activities, orders and employment fell in August confirming worldwide slowdown. GM auto sales in August increase 10% and Toyota sales jump 46%.
- Mukesh Buch
- 04 Sep, 2012
- New York City
Campbell Soup net jumped 27% and issued fiscal guidance. Heckmann to buy Power Fuels total valued approx $370 million. Smithfield Foods net declined 25%. Valeant Pharmaceuticals to acquire Medicis Pharmaceutical for $2.6 billion in cash.
- Arthi Gupta
- 04 Sep, 2012
- New York City
The UK indexes slid after retail sales fell and construction contracted in August at the second fastest pace since snow storm in March 2010. Bottomline agreed to acquire Albany Software.
- Arthi Gupta
- 04 Sep, 2012
- New York City
U.S. indexes accelerated the decline after disappointing manufacturing and construction spending data. European Central Bank hinted at short term bond buying. Valeant agreed to acquire Medicis for $2.6 billion and Onex is in a deal with SGS International for $813 million.
- Arthi Gupta
- 03 Sep, 2012
- New York City
The UK indexes gained on a rally in resource sector on the hopes of another round of measures from central banks in Europe and in Asia. The UK manufacturing sector downturn eased sharply and Irish manufacturing improved at a slower pace in August.
- Arthi Gupta
- 04 Sep, 2012
- New York City
Spanish unemployment rose in August by 0.8% to 4.6 million as the nation struggles with a cut in government jobs. The Swiss economy contracted in the second quarter. Industrial producer prices gained in the euro area and Romanian retail sales rose in July.
- Arthi Gupta
- 04 Sep, 2012
- New York City
The European indexes edged lower after Moody''s lowered the European Union
- Nigel Thomas
- 04 Sep, 2012
- New York City
The Nikkei index in Tokyo traded lower for the fourth day in a row and tested a 4-week low. Japan Tobacco declined 4% after Russian ministry proposed a ban on smoking in public places. Toyota eased after sales in China declined 15%.