- Marcus Jacob
- 08 Aug, 2012
- New York City
Australian stock trading was driven by the local earnings news and investors also pinned hopes on economic stimulus in the U.S. and Europe. Rio Tinto reported a decline in earnings as iron ore price began to slide. Telstra and Tabcorp scheduled to release earnings tomorrow.
- Sarla Buch
- 08 Aug, 2012
- New York City
A123 Systems singed MOU with China based Wanxiang to invest $450 million. Alere second quarter net loss widens and Avnet net tumbled 44.1%. Dish Network second quarter net dropped 32.5% and HollyFrontier net quarter jumped 156.7% and Macy
- Mukesh Buch
- 08 Aug, 2012
- New York City
Express Scripts second quarter revenues net plummeted 48.8%. priceline net surged 37.4%. Icahn Enterprises quarterly net declined 17%. Sotheby
- Arthi Gupta
- 08 Aug, 2012
- New York City
U.S. indexes struggled to trade higher and labor productivity rose more than estimated in the second quarter. PTC agreed to acquire Servigistics for $220 million. Dish Network quarterly net slumped 33%.
- Arthi Gupta
- 08 Aug, 2012
- New York City
ING net fell 22% as provisions for loan losses increased but Brenntag sales rose 14.6% in the second quarter. Rio Tinto first-half profit declined 22%. BMW worldwide vehicle sales increased 5% in July.
- Arthi Gupta
- 08 Aug, 2012
- New York City
The European indexes fell on mixed earnings. The Bank of England cut growth outlook for the UK and French business sentiment dipped in July. DSM agreed to acquire Brazil-based Tortuga for about
- Bikram Pandey
- 07 Aug, 2012
- New York City
U.S. stocks traded higher for the third day in a row and earnings dominated trading. Knight Capital rebounded from 7% decline after it arranged emergency financing at a steep discount. MGM Resorts, Sirius XM Radio and Tower International gained on earnings.
- Nigel Thomas
- 07 Aug, 2012
- New York City
Stocks in Tokyo advanced for the second day in a row in lock steps with the world markets ahead of the announcements from the Bank of Japan and economic releases from China. A glitch in futures market affected trading.
- Marcus Jacob
- 07 Aug, 2012
- New York City
Australian stocks extended gains for the second despite weak earnings from Transurban, Cochlear and Leighton. Mining equipment maker Bradken reported higher than expected earnings on strong demand.
- Mukesh Buch
- 07 Aug, 2012
- New York City
AmeriGas third quarter net loss widens and CVS second quarter net climbed 18.4%. Chesapeake second quarter net surged 90.5%. Accessories retailer Fossil soared 32%. Nuance Communications third quarter net jumped 90.6%. Office Depot second quarter net loss widens.
- Arthi Gupta
- 07 Aug, 2012
- New York City
U.S. indexes extended gains of last two trading days. Kinder Morgan Energy acquired interest in U.S. pipeline assets for $6.2 billion. Campbell Soup completed the acquisition of Bolthouse for $1.55 billion.
- Arthi Gupta
- 07 Aug, 2012
- New York City
Lanxess second quarter net declined due to exceptional charges but InterContinental revenue increased 3.3%. Xstrata first-half profit plunged 33% to $1.94 billion.
- Arthi Gupta
- 07 Aug, 2012
- New York City
Italian economy extended the decline for the fourth quarter in a row and German factory orders fell 1.7%, more than estimated in June. The UK retail sales rose unexpectedly in July. Standard Chartered plunged 22% on money laundering charges.
- Bikram Pandey
- 06 Aug, 2012
- New York City
Market indexes in New York closed higher after earnings exceeded expectations and energy and metals prices rose. Standard Chartered Bank is the second UK based bank to face money laundering charges in New York.
- Nigel Thomas
- 06 Aug, 2012
- New York City
Stocks in Tokyo surged following the market advance last week in Europe and New York. Taiwan based Hon Hai Precision said it does not have to carry out investment in Sharp after the latest price volatility. Nippon Sheet Glass Co Ltd extended losses for the second day.