- Arthi Gupta
- 06 Nov, 2012
- New York City
Euro zone private sector contracted more than initially estimated and service sector activity and new orders in the Spain continued to shrink in October. German factory orders fell in September.
- Arthi Gupta
- 06 Nov, 2012
- New York City
Aer Lingus passenger traffic improved in October. BMW profit rose 16% to
- Barry Randall
- 05 Nov, 2012
- New York City
Stocks on Wall Street hugged flat line ahead of the U.S. presidential election tomorrow and voter turnout is ahead of expectations in key swing states of Florida, Colorado and Ohio. The dollar, gold and crude oil traded higher.
- Nigel Thomas
- 05 Nov, 2012
- New York City
Stocks in Tokyo halted a 3-day rally on a weakness in regional trading and commodities prices declined. Utilities closed lower after regulators delayed a decision to reopen nuclear power plant. Toyota lifted its annual net profit outlook after the close.
- Marcus Jacob
- 05 Nov, 2012
- New York City
Australian stocks closed higher on the expectations of a rate cut after the central bank meeting on Tuesday. Australian trade deficit narrowed in September after imports fell more than exports. Seasonally adjusted retail sales in the month declined 0.5%.
- Mukesh Buch
- 05 Nov, 2012
- New York City
Church & Dwight third quarter net jumped 18%. Humana third quarter net declined 4% but lifted outlooks and agreed to buy Metropolitan Health for $850 million and also agreed to acquire Certify Data Systems. Time Warner net surged 127%.
- Arthi Gupta
- 05 Nov, 2012
- New York City
The UK indexes declined tracking lower world markets and UK government gross reserves rose and services sector grew marginally in October. HSBC third quarter underlying pretax profit surged 125% to $5.04 billion.
- Darlington Musarurwa
- 05 Nov, 2012
- New York City
U.S. indexes traded lower ahead of the close presidential election and looming spending cuts that are set to kick in on January 1. Malaysia-based SapuraKencana and Seadrill agreed to integrate tender rig businesses in a $2.9 billion deal. Humana agreed to acquire Metropolitan for $850 million.
- Arthi Gupta
- 05 Nov, 2012
- New York City
The European indexes edged lower ahead of the U.S. presidential election and Communist Party meeting this week in China. The euro edged higher and resources stocks and banks were under pressure.
- Arthi Gupta
- 05 Nov, 2012
- New York City
Euro zone confidence improved in November. Spanish unemployment rose more than estimated and Hungarian manufacturing activity worsened in October.
- Arthi Gupta
- 05 Nov, 2012
- New York City
QSC revenue fell and Transocean net loss widened in the third quarter. Fuchs estimates higher earnings and revenues for full-year. Ryanair first-half net rose 10% to
- Bikram Pandey
- 02 Nov, 2012
- New York City
Stocks on Wall Street sold off in the afternoon on the mounting cost of Hurricane Sandy and the looming uncertainty linked to the presidential election next week. Gold and crude oil fell more than 2% and market indexes declined more than 1%.
- Mukesh Buch
- 02 Nov, 2012
- New York City
AIG third quarter net swung to $1.9 billion profit and Hess net surged 87%. Ralph Lauren third quarter net slumped 8% and lifted fiscal outlook. Starbucks fourth quarter net was nearly flat but lifted the annual estimate. McGraw-Hill third quarter net declined 14%.
- Nichole Harper
- 02 Nov, 2012
- New York City
Stocks in New York traded higher after employers added more than expected jobs in October and data for September and August were revised sharply higher. Unemployment rate increased to 7.9%. Factory orders increased 4.9%, largest increase in a year.
- Nigel Thomas
- 02 Nov, 2012
- New York City
Stocks in Tokyo surged for the third day in a row following the gains in New York and the yen weakened. Sharp and Panasonic extended declines after estimating sharply higher losses. Also, Nikon lowered its outlook.