- Arthi Gupta
- 19 Sep, 2012
- New York City
Inditex first-half earnings surged 32% to
- Bikram Pandey
- 18 Sep, 2012
- New York City
World markets eased after the euro zone worries resurfaced and Spain restrained from asking for a larger bailout with conditions of more spending cuts. Mortgage lending dropped to 1 16-year low as the housing market continues to struggle. Oil eased on the second day.
- Nigel Thomas
- 18 Sep, 2012
- New York City
Markets in Tokyo closed lower after China linked companies plunged the most. Fast Retailing, Toyota, Honda, Nissan and Sony were among the large companies that were forced to shutter factories and stores in China after anti-Japanese demonstrations spread to dozens of cities.
- Marcus Jacob
- 18 Sep, 2012
- New York City
Australian markets consolidated gains. Fortescue Metals won debt refinancing for its $4.5 billion debt portion and delayed its earliest payment to November 2015 as iron ore prices slide and the outlook remains uncertain.
- Arthi Gupta
- 18 Sep, 2012
- New York City
The UK indexes eased as the euro zone worries resurfaced. The UK annual inflation eased to 2.5% in August and home prices increased 2% annually in July.
- Mukesh Buch
- 18 Sep, 2012
- New York City
Dole Food agreed to sell businesses in Asia to the Japanese trading company Itochu for $1.7 billion. Deckers Outdoor declined on weak sales. FedEx first quarter net slid and lowered its outlooks and plans to increase shipping rates. Schiff Nutrition lifts fiscal forecast.
- Arthi Gupta
- 18 Sep, 2012
- New York City
U.S. indexes traded lower and oil slipped for the second day as the effectiveness of the latest Fed stimulus was questioned. FedEx lowered its profit view. Dole Food agreed to sell its worldwide packaged foods and fresh produce businesses in Asia to Itochu for $1.7 billion.
- Arthi Gupta
- 18 Sep, 2012
- New York City
The European indexes edged lower as investors refocus on the details of the possible Spanish bailout as bad bank loans rose in the country. Spain raised
- Arthi Gupta
- 18 Sep, 2012
- New York City
Germans economic sentiment improved in September and the Swiss economy is forecasted to expand 1% this year. Greek current account swung to a surplus in July and Portuguese producer price inflation climbed in August.
- Arthi Gupta
- 18 Sep, 2012
- New York City
Volvo said truck deliveries fell 4% in August. Akzo Nobel plunged 5%. The Finnish paper company Metso plans layoffs in several of its units that may lead to as many as 630 job cuts.
- Bikram Pandey
- 17 Sep, 2012
- New York City
Market indexes in New York steadily declined in the session and recovered some of the lost ground in the last thirty minutes. Oil dropped 5% in volatile trading. Apple Inc said customers ordered 2 million iPhone 5 devices on the first day exceeding demand estimates.
- Mukesh Buch
- 17 Sep, 2012
- New York City
Complete Genomics is agreed to be acquired by China based company. Lowe''s withdrew its C$1.8 billion offer for Canada based Rona. Waste Connections agreed to acquire subsidiaries of R360 Environmental for $1.3 billion in cash.
- Arthi Gupta
- 17 Sep, 2012
- New York City
The UK indexes edged lower after home prices in the UK declined 0.6% in September. Reckitt Benckiser announced a management change. Redstone agreed to acquire Maxima for approximately
- Arthi Gupta
- 17 Sep, 2012
- New York City
World markets rested after a week of advance and growing demonstrations in Europe against the austerity measures. On merger Monday, Waste Connections agreed to acquire businesses from R360 Environmental Solutions for $1.3 billion. The Carlyle Group agreed to buy Landmark Aviation.
- Arthi Gupta
- 17 Sep, 2012
- New York City
The European indexes edged lower after the euphoria of the Fed stimulus action waned and leaders in the region step up diplomacy to decide the fate of larger bailout for Spain. The euro zone finance ministers meeting in Cyprus was inconclusive.