- Nigel Thomas
- 20 Jul, 2012
- New York City
Stocks in Tokyo dropped on Friday and the Nikkei index closed down 3.9% in the week. Insurance and financial services stocks declined after weak economic data from the U.S. Toshiba gained but Yamato Holdings declined.
- Mukesh Buch
- 20 Jul, 2012
- New York City
Baker Hughes second quarter net soared 17% to $439 million. Google second quarter net surged 17% to $2.79 billion. Novartis second quarter net flat to $2.73 billion. Travelers Companies second quarter net swung to $499 million profit.
- Mukesh Buch
- 20 Jul, 2012
- New York City
BB&T second quarter net surged 66%. eBay trimmed third quarter earnings guidance. General Electric second quarter net climbed 6.7% to $4 billion and Microsoft second quarter net swung to $492 million loss. Schlumberger second quarter net increased 4% to $1.40 billion.
- Arthi Gupta
- 20 Jul, 2012
- New York City
The UK indexes declined after public sector net borrowing rose in June. The home price sentiment index dropped in July. Vodafone declined 2.8% on weak first quarter revenues. London and Singapore exchanges are reported to have merger talks.
- Arthi Gupta
- 20 Jul, 2012
- New York City
U.S. indexes edged lower as euro zone worries mounted. eBay trimmed earnings outlook on $3 billion debt offering impact and Microsoft swung to quarterly loss on hefty goodwill impairment charges.
- Marcus Jacob
- 20 Jul, 2012
- New York City
Australian stocks closed lower today in choppy trading and resource stocks closed higher after oil increased for the eighth day in a row. For the week the ASX index increased 2.9%. Ten Network was halted ahead of the sale of its outdoor advertising unit.
- Arthi Gupta
- 20 Jul, 2012
- New York City
Haldex AB declined 7% after second quarter plunged 85%. Heineken N.V. increased 1% after it agreed to acquire its partner in Singapore based Pacific Breweries. Scania AB added 5% after quarterly net fell 40%, less than expected.
- Arthi Gupta
- 20 Jul, 2012
- New York City
The European indexes traded lower ahead of the euro area finance ministers conference call. Heineken offered to acquire Fraser & Neave
- Arthi Gupta
- 20 Jul, 2012
- New York City
German producer price inflation slowed and Danish retail sales decreased in June. The French leading economic index declined for a second straight month and Dutch consumer spending fell in May.
- Bikram Pandey
- 19 Jul, 2012
- New York City
U.S. indexes were flat after weak batch of economic data overshadowed generally positive earnings. Home sales fell in June and weekly unemployment claims rose. UK retail sales exceeded expectations and German lawmakers approved Spanish bailout with conditions.
- Arthi Gupta
- 19 Jul, 2012
- New York City
The UK indexes were nearly flat as regulators around the world widen the Libor scandal investigation. UK gross mortgage lending declined but retail sales increased in June. Kingfisher slumped 2.6% on weak outlook.
- Mukesh Buch
- 19 Jul, 2012
- New York City
AutoNation second quarter net increased 9% to $78.6 million and Danaher net slipped 8% to $600.1 million. IBM second quarter net increased 6% to $3.88 billion and raised full year expectations. Union Pacific second quarter net advanced 27.4% to $1 billion.
- Mukesh Buch
- 19 Jul, 2012
- New York City
Capital One second quarter net plunged 90% and eBay second quarter net jumped 144% to $692 million. Johnson Controls net surged 17% and Morgan Stanley net swung to $564 million profit. Verizon second quarter net climbed 13.7% to $1.83 billion.
- Arthi Gupta
- 19 Jul, 2012
- New York City
U.S. indexes edged higher driven by better-than-anticipated earnings but weekly jobless claims jumped 34,000 to 386,000. UnitedHealth lifted full-year outlook and Morgan Stanley swung to profit. Fab.com raised $105 million that valued the online retailer at $1 billion.
- Marcus Jacob
- 19 Jul, 2012
- New York City
Stocks in Japan closed higher in thin trading and the yen gained for the second day in a row against the dollar and the euro. Advantest and Tokyo Electron jumped after Intel lowered sales outlook below expectations.