- Marcus Jacob
- 13 Sep, 2012
- New York City
Australian stocks declined in the final hour of trading after the third largest miner Fortescue Metals sought help of banks in restructuring its debts. Mining sector employment declined for the first time in three months to August by 4,600.
- Arthi Gupta
- 13 Sep, 2012
- New York City
U.S. indexes slid after weekly jobless claims rose more than estimated. U.S. producer prices and foreclosure filings climbed in August. FirstMerit agreed to acquire Citizens Republic Bancorp for $912 million.
- Arthi Gupta
- 13 Sep, 2012
- New York City
Ace agreed to acquire Fianzas Monterrey for $285 million. EADS plunged 8% on merger talks with BAE Systems. Next first-half revenue rose 4.8% to
- Arthi Gupta
- 13 Sep, 2012
- New York City
Italy sold
- Bikram Pandey
- 12 Sep, 2012
- New York City
U.S. market indexes closed flat. Apple Inc released thinner and lighter iPhone that will operate on the fastest networks. The parent of Airbus and UK based BAE Systems are in merger talks. Two leading parties in Holland are struggling to gain a ruling majority.
- Mukesh Buch
- 12 Sep, 2012
- New York City
Chesapeake Energy sells its assets to Shell and Chevron for $6.9 billion. Globecomm lowered fiscal outlook. Mediware agreed to go private. PMFG net swung to loss. Texas Instruments lowered third quarter guidance.
- Nigel Thomas
- 12 Sep, 2012
- New York City
Stocks in Tokyo surged for the second day in a row after machinery orders increased and investors reacted positively to the comments from Chinese officials. Stocks in resource sector and linked to domestic economy were in favor. Oki Electric plunged 11%.
- Arthi Gupta
- 12 Sep, 2012
- New York City
U.S. indexes gained after Germany ratified the European Stability Mechanism. U.S. import prices rose less than estimated in August. The IEA revised global oil demand forecast for 2012 and 2013. Texas Instruments narrowed third quarter revenue outlook.
- Marcus Jacob
- 12 Sep, 2012
- New York City
Australian markets traded sharply higher and iron ore price jumped above $100 a ton. Mining companies gained after Chinese officials offered to increase stimulus if needed.
- Arthi Gupta
- 12 Sep, 2012
- New York City
The European indexes gained after a German court ratified the European Stability Mechanism. Italy raised
- Bikram Pandey
- 11 Sep, 2012
- New York City
U.S. and European markets rallied and the euro neared four-month high on the growing expectation of another round of stimulus. U.S. trade deficit was stable after exports decreased and lower oil price cut the import bill. Morgan Stanley and Citigroup agreed on $13.5 billion value for Smith Barney.
- Nigel Thomas
- 11 Sep, 2012
- New York City
Stocks in Tokyo trading were on the defensive after China reported weak economic data and U.S. employment rebound was less than expected. Electronic chip-equipment makers declined after Intel lowered its annual view.
- Marcus Jacob
- 11 Sep, 2012
- New York City
Australian stocks declined after a 3-day rally ahead of fate of the German court ruling. Mining companies closed mixed and iron ore prices rose to $95 a ton. CSL Limited won a U.S. government contract for influenza pandemic preparedness.
- Arthi Gupta
- 11 Sep, 2012
- New York City
U.S. indexes extend gains ahead of the Fed meeting. U.S. trade deficit rose slightly in July. The U.S. Treasury priced AIG stock at $32.50 per share. The OECD unemployment rate increased slightly in July.