- Mukesh Buch
- 10 Aug, 2012
- New York City
Belden second quarter net climbed 22.2% to $42.4 million. Nordstrom second quarter net declined 10.9% to $156 million. Nvidia second quarter net plunged 12% to $119 million. J. C. Penney second quarter net swung to $147 million loss. MBIA second quarter net jumped more than three-fold.
- Arthi Gupta
- 10 Aug, 2012
- New York City
Stocks on Wall Street struggled after Chinese exports grew 1% in July and bank lending was significantly lower than expected in the month. J. C. Penney swung to quarterly loss and Yahoo stock fell after the company may not return proceeds of its stake in Alibaba.com to shareholders.
- Arthi Gupta
- 10 Aug, 2012
- New York City
Barclays appointed David Walker as the new chairman. Rheinmetall AG, the defense contractor and auto parts maker said first half sales 9%. ThyssenKrupp AG soared 5% after third quarter revenues fell 7% and net income gained 16%.
- Arthi Gupta
- 10 Aug, 2012
- New York City
The European indexes declined after China reported a slowdown in international trade. German inflation and the UK output price inflation eased in July. French output was flat in June. ThyssenKrupp quarterly net rose 16%.
- Nigel Thomas
- 10 Aug, 2012
- New York City
Japanese stocks declined and halted a 4-day rally as investors focused on earnings and the latest international trade data from China. The yen gained and Sony said it will acquire its Internet access subsidiary. Social network gaming operator DeNA Co Ltd soared 22% on higher earnings.
- Marcus Jacob
- 10 Aug, 2012
- New York City
Australian markets closed lower and the dollar sold off after the Reserve Bank of Australia lifted its growth outlook to 3.75% and lowered its inflation estimate to 2.25% from its views three months ago. Casino operator gained after annual net increased 53%.
- Bikram Pandey
- 09 Aug, 2012
- New York City
World markets were stable and stocks on Wall Street inched higher. A five-day rally in the S&P 500 index has lifted the index by 10%. Home prices advanced the most since 2006 in the second quarter. European markets added to 4-day gains.
- Nigel Thomas
- 09 Aug, 2012
- New York City
Stocks in Tokyo gained for the fourth day and the Nikkei index extended gains to 5% in the week and brushed the 9,000 level. Bank of Japan left its asset purchase program intact and interest rates on near zero. Nikon plunged 8% and extended losses for the second day after the earnings release.
- Marcus Jacob
- 09 Aug, 2012
- New York City
Stocks in Sydney trading rested for the first time in a week after the latest statistics from China suggested decelerating growth rates. News Corp swung to a loss and Telstra reported its first annual profit increase in three years. Tabcorp profit declined.
- Mukesh Buch
- 09 Aug, 2012
- New York City
Advance Auto Parts second quarter net declined 12% and Allscripts net plunged 49.6% but the company lifted annual outlook. Continental Resources second quarter net surged 69.6%. Dillard''s net jumped 76% and Kohl
- Arthi Gupta
- 09 Aug, 2012
- New York City
U.S. indexes struggled and trade deficit declined and weekly jobless claims fell. The euro declined for the third day in a row. China
- Arthi Gupta
- 09 Aug, 2012
- New York City
Aviva swung to loss but Nestl
- Arthi Gupta
- 09 Aug, 2012
- New York City
The European indexes edged lower after the ECB cut economic growth outlook. Greek jobless rate rose to record levels in May and the UK deficit widened and Italian surplus rose in June.
- Bikram Pandey
- 08 Aug, 2012
- New York City
Stocks on Wall Street meandered and earnings drove trading activities on both sides of Atlantic. News Corp writes down value of Australian newspapers and other assets by $2.8 billion. World markets await economic data from China and Bank of Japan decision later in the week.
- Nigel Thomas
- 08 Aug, 2012
- New York City
Stocks in Tokyo advanced higher for the third day and earnings announcement peak in the week. Nearly half of earnings missed expectations and investors dial back annual profit growth expectations. Nikon net plunges 49%.