- Marcus Jacob
- 24 Sep, 2012
- New York City
Australian markets and dollar were on the defensive and the government reported smaller than expected final fiscal year budget deficit in the previous year. Resource stocks were on the decline after commodities prices fell in local trading.
- Arthi Gupta
- 24 Sep, 2012
- New York City
The European indexes edged lower ahead of draft budgets from Spain and France. Germany sold
- Arthi Gupta
- 24 Sep, 2012
- New York City
German business sentiment declined for the fifth month in a row in September. Hungarian retail sales declined in July. The Dutch economy expanded in the second quarter. Italian non-EU deficit narrowed in August.
- Arthi Gupta
- 24 Sep, 2012
- New York City
Julius Baer plans to cut up to 880 jobs at overseas wealth management business of Merrill Lynch. Aryzta full year group revenue rose 8.5% to
- Bikram Pandey
- 21 Sep, 2012
- New York City
World markets consolidate after solid advances in the last two weeks powered by moves from central banks. The S&P 500 index closed down for the first time in three weeks. Gold and oil rebounded. Glencore delays Xstrata merger plan. Japan Airlines sinks below its offer price.
- Nigel Thomas
- 21 Sep, 2012
- New York City
Stocks rebounded in Tokyo after falling the most in three weeks as investors turned focus to domestic companies and defensive sectors. Sharp Corp surged 5% on reports that the company is in talks with Intel Corp. Japan Tobacco gained 3%.
- Arthi Gupta
- 21 Sep, 2012
- New York City
The UK indexes dropped after the home price sentiment index rose in September and budget deficit surged to a new record in August. The Bank of England Governor Mervyn King forecasted slow recovery in the UK.
- Mukesh Buch
- 21 Sep, 2012
- New York City
Cintas net jumped 12% and reiterated fiscal outlook. Darden Restaurants quarterly net was ahead of expectations. KB Home net swung to profit as sales jump. Oracle first quarter net climbed 11% to $2.03 billion. Rockwell updated fiscal 2013 views.
- Marcus Jacob
- 21 Sep, 2012
- New York City
Australian stocks consolidated gains in the second week as commodities prices regain upward momentum. Premier Investments soared after fiscal 2012 net jumped 69%. Origin Energy forecasted natural gas demand to triple in the next five years.
- Arthi Gupta
- 21 Sep, 2012
- New York City
U.S. indexes gained on the rising hopes that Spain may request a formal bailout as early as next week. iPhone 5 launch attracted worldwide fans and sales are expected to exceed 10 million in two weeks. Oracle quarterly earnings rose 11%. KB Home swung to quarterly profit.
- Arthi Gupta
- 21 Sep, 2012
- New York City
The European indexes advanced on speculation that Spain is nearing a bailout request. Italy estimated contraction to deepen to 2.4% this year. Greece failed to reach an agreement with its coalition partners on spending cuts demanded by the troika.
- Arthi Gupta
- 21 Sep, 2012
- New York City
Italy deepened its estimate of recession this year. Euro zone consumer confidence unexpectedly fell in September. German leading index climbed and Dutch consumer spending declined in July.
- Arthi Gupta
- 21 Sep, 2012
- New York City
adidas reduced Reebok 2015 sales target to
- Bikram Pandey
- 20 Sep, 2012
- New York City
World markets and indexes in New York closed down after economic data from the euro zone, China and Japan indicated weakening outlook. Global deal making continues despite market uncertainties. The U.S. dollar strengthened, oil decreased and gold and copper eased.
- Arthi Gupta
- 20 Sep, 2012
- New York City
The UK indexes edged lower tracking weak global economic data. The UK retail sales fell less than estimated in August. The Irish economy stagnated in the second quarter.