- Marcus Jacob
- 06 Jul, 2012
- New York City
Australian indexes traded lower on Friday but managed to close up 1.5% in the week. Resources stocks fell after commodities prices weakened on the worries of economic slowdown in China. The Australian dollar closed up for the eight week in a row against the euro.
- Arthi Gupta
- 06 Jul, 2012
- New York City
Industrial production in Germany rose more than estimated but Spanish industrial production fell in May. French deficit narrowed in June.
- Arthi Gupta
- 06 Jul, 2012
- New York City
The European indexes dipped. SGS agreed to acquire Belgium-based Exprimo. Peugeot slumped after an annual decline in first-half worldwide sales.
- Bikram Pandey
- 05 Jul, 2012
- New York City
Stocks recovered from early losses after investors shifted focus to employment data. Central banks in Europe, UK and China took actions to revive economic growths. U.S. chain stores reported weak comparable sales in June. Crude oil, copper and gold declined more than 1%.
- Mukesh Buch
- 05 Jul, 2012
- New York City
Costco June same store sales rose 3% and Limited Brands increased of 7%. FedEx completes the acquisition of TATEX a French express transportation company. Volkswagen agreed to buy remaining half of sports car maker Porsche.
- Arthi Gupta
- 05 Jul, 2012
- New York City
The UK indexes traded sideways after the Bank of England expanded its asset purchase program but maintained record low interest rate. Home prices in the UK rose unexpectedly in June. Ireland raised
- Arthi Gupta
- 05 Jul, 2012
- New York City
U.S. indexes rose after weekly jobless claims fell and private sector employment rose in June. The European Central Bank cut key rate to 0.75% and the Bank of England expanded asset purchase plan. Walgreen agreed to purchase a regional drugstore chain for $438 million.
- Nigel Thomas
- 05 Jul, 2012
- New York City
Tokyo stocks edged down after a month-long rally that powered indexes to 2-month highs. Machinery and construction stocks traded higher and Nikon closed at 4-year high on the expectations of better than expected profits in the camera division.
- Marcus Jacob
- 05 Jul, 2012
- New York City
Australian stocks ended flat in a choppy trading as investors look ahead at central banks for additional monetary steps. Fairfax Media was in focus again after Gina Rinehart cut her stake down to 15%.
- Arthi Gupta
- 05 Jul, 2012
- New York City
EU productivity declined and the consumer price inflation in the Netherlands remained unchanged in June. German construction sector continued to shrink but Swedish service production rose in May.
- Arthi Gupta
- 05 Jul, 2012
- New York City
The European indexes gained after the European Central Bank cut key rate. Spain sold
- Arthi Gupta
- 04 Jul, 2012
- New York City
The UK indexes declined after service sector growth slumped to an eight month low and shop price inflation eased in June. Manchester United filed for a New York listing. Tullow estimates record revenues in the first-half.
- Marcus Jacob
- 04 Jul, 2012
- New York City
Stocks in Tokyo traded higher as investors focused on the positives in the market and looked at the central banks of Europe and Japan for more actions. Resources linked stocks traded higher after commodities gained.
- Arthi Gupta
- 04 Jul, 2012
- New York City
The European indexes edged lower on weaker-than-estimated service sector activity in June. Investors look ahead for actions from European Central Bank and Bank of England tomorrow.
- Arthi Gupta
- 04 Jul, 2012
- New York City
Retail sales in the euro-zone increased unexpectedly in May. The euro area service sector data signaled a reduction in activity in June with many of the regions reporting contraction. Italian deficit to gross domestic product increased in the first quarter.