- Sarla Buch
- 02 Aug, 2012
- New York City
Ameren second quarter net surged 53% and lifted fiscal guidance. DirecTV second quarter net rose and General Motors net declined 40% to $1.5 billion. Teradata second quarter net climbed and Hartford said quarterly net swung to $101 million loss.
- Marcus Jacob
- 02 Aug, 2012
- New York City
Australian markets closed higher ahead of rate decisions in Europe. Australian retail sales rose 1% in June and sales in May were revised higher to 0.8%. Trade balance in June improved to a modest surplus on a fall in import prices.
- Mukesh Buch
- 02 Aug, 2012
- New York City
American Tower second quarter net plunged 58% and Becton, Dickinson net declined 4.7% and Cigna net slipped 2.8% to $380 million. Duke Energy net rose 2% to $444 million. DaVita net fell 1% to $120 million and Hospira net swung to loss.
- Arthi Gupta
- 02 Aug, 2012
- New York City
U.S. indexes gained after weekly jobless claims rose less than estimated. The European Central Bank left its benchmark interest rate unchanged at 0.75%. Monsanto won $1 billion in infringement trial against DuPont. General Motors quarterly net declined 40%.
- Arthi Gupta
- 02 Aug, 2012
- New York City
Deutsche Post quarterly revenues rose on the growth in Asia but BNP Paribas quarterly net declined 13%. Telecom Italia swung to profit and Lufthansa loss narrowed in the first-half. adidas earnings rose 18% in the quarter and Schroders first-half revenue fell 9%.
- Arthi Gupta
- 02 Aug, 2012
- New York City
The European indexes turned lower after the ECB showed willingness to purchase bonds but will only act after rescue fund acts first and governments restructure their economies. Spain sold
- Bikram Pandey
- 01 Aug, 2012
- New York City
U.S. stocks turned lower after Fed statement failed to shed new light on the economy and the central bank did not offer any new measures to revive employment. Investors shifted attention to the European Central Bank anticipating specific steps to curb stress in sovereign bond market.
- Sarla Buch
- 01 Aug, 2012
- New York City
Devon Energy second quarter net tumbled 83% and Exelon net dropped 54%. Harley-Davidson second quarter net surged 30% and Macerich second quarter net swung to $133.4 million profit. MasterCard second quarter net surged 15% to $700 million.
- Nigel Thomas
- 01 Aug, 2012
- New York City
Stocks in Tokyo traded lower and domestic earnings dominated market sentiment. Honda Motor declined o weaker than expected earnings and Komatsu fell on weak outlook. Seiko Epson fell to a record low after it cut its guidance but NEC and Panasonic gained.
- Arthi Gupta
- 01 Aug, 2012
- New York City
U.S. indexes traded sideways after private sector employment exceeded expectations in July and manufacturing weakened in Europe and struggled in China. A private consortium of investors won control of Toronto Stock Exchange. Torchmark agreed to acquire Family Heritage for $218.5 million.
- Marcus Jacob
- 01 Aug, 2012
- New York City
Australian stocks halted a 4-day rally and the dollar closed flat in weak trading volume. Country Road agreed to acquire fashion retailer Witchery Australia for $172 million. Western Australia focused casino operator Crown plans to spend $568 million to build a luxury hotel in Perth.
- Mukesh Buch
- 01 Aug, 2012
- New York City
Allstate second quarter net swung to $423 million profit. Comcast net surged 47% to $1.35 billion. Ecolab second quarter net surged 47% and fiscal outlook narrows. Hanesbrands net tumbled 99% and Time Warner net declined 33%.
- Arthi Gupta
- 01 Aug, 2012
- New York City
Societe Generale second quarter earnings slumped marked by a significant slowdown in economic growth in Europe. Standard Chartered first-half profit rose 11%. Fresenius quarterly group sales grew 20%.
- Arthi Gupta
- 01 Aug, 2012
- New York City
European markets overlooked the weakening manufacturing in the euro zone and in Germany and focused on the central bank action as early as this week. Manufacturing recession deepened in the euro area with UK manufacturing at 38-month low in July. BMW quarterly net fell 28%.
- Bikram Pandey
- 31 Jul, 2012
- New York City
U.S. indexes closed down 0.4% and traded sideways ahead of the Fed decision tomorrow. Earnings release pace accelerated in the U.S., Europe, Japan and India.