- Arthi Gupta
- 11 Dec, 2012
- New York City
The European indexes rose after German economic confidence rebounded in December. French payroll employment fell in the third quarter. UK home prices declined in November.
- Arthi Gupta
- 11 Dec, 2012
- New York City
ThyssenKrupp scraps dividend after annual loss widens. ACE lowered fiscal year operating income outlook. HSBC agreed to pay $1.92 billion to settle U.S. anti-money-laundering charges.
- Bikram Pandey
- 10 Dec, 2012
- New York City
Stocks in New York gained following resurgent economic data from China. Growth in exports fell in November but retail sales and industrial production were sharply rebounded. Euro declined after the unexpected resignation from Italian prime minister.
- Arthi Gupta
- 10 Dec, 2012
- New York City
AIG agreed to sell up to a 90% stake in ILFC for $5.28 billion. Ingersoll-Rand plans to spin-off its commercial and residential security businesses. Honeywell agreed to acquire Intermec for $600 million.
- Arthi Gupta
- 10 Dec, 2012
- New York City
The European indexes traded sideways after Italian premier Mario Monti resigned ahead of schedule. The euro zone investor confidence improved in December and Greek output rose in October. The Italian economy contracted in the third quarter, fifth quarterly shrinkage in a row.
- Arthi Gupta
- 10 Dec, 2012
- New York City
STMicroelectronics decided to exit ST-Ericsson. Air France-KLM traffic rose 2.2% and BMW worldwide sales increased 26.4% in November. Rentokil completed acquisition of Western Exterminator Company and Eden Advanced Pest Technologies.
- Arthi Gupta
- 07 Dec, 2012
- New York City
U.S. indexes traded down on global economic slowdown worries. Yara agreed to acquire Bunge
- Arthi Gupta
- 07 Dec, 2012
- New York City
The European indexes traded sideways. The Bundesbank lowered German growth outlook for 2013. The Greek economy contracted in the third quarter and the UK output fell in October. GDF reduces stake in IP Maestrale.
- Arthi Gupta
- 07 Dec, 2012
- New York City
Daimler sold a 7.5%-stake in EADS for about
- Bikram Pandey
- 06 Dec, 2012
- New York City
U.S. indexes traded higher as the prospect of budget negotiation settlement rose. The number of foreclosure sale continues to drop to 19% of all sales across the nation in the third quarter. European Central Bank left its main rate at 0.75% and cut its estimate of growth to 0.3% in the euro zone.
- Arthi Gupta
- 06 Dec, 2012
- New York City
U.S. indexes dropped on fiscal cliff worries and foreclosure sales fell in the third quarter and jobless claims declined 25,000 to 370,000. European central banks held key rates.
- Arthi Gupta
- 06 Dec, 2012
- New York City
Central banks in Europe hold key rates. The euro area economy slipped into recession in the third quarter. German factory orders rebound and UK trade deficit widened in October. Greek jobless rate rose to record levels in September.
- Arthi Gupta
- 06 Dec, 2012
- New York City
Air Berlin capacity utilization rose in November. Barclays increased its stake in the Absa Group to 62.3%. Micro Focus first-half net fell 2.7% to $60.65 million. Carl Zeiss Meditec annual revenue climbed 13.6% to
- Bikram Pandey
- 05 Dec, 2012
- New York City
U.S. indexes traded higher after President Barack Obama said budget negotiations can we wrapped in a week. Service sector expanded at a faster pace and manufacturing stabilized. Citigroup announced a plan to eliminate 11,000 positions and take $1 billion charge.
- Marcus Jacob
- 05 Dec, 2012
- New York City
Australian economic growth in September quarter declined to 0.5% after household consumption and housing investment growth fell. Banks passed on full 25 basis points decline in rates to consumers.