- Bikram Pandey
- 30 May, 2012
- New York City
World markets extended losses and the euro fell to a 2-year low as investors prefer bonds of U.S., Germany, UK, Switzerland and Japan. Swiss bond yields turned negative at the latest auction and the U.S. bond yields fell to record low as Spanish yields jumped to a record since joining the euro.
- Mukesh Buch
- 30 May, 2012
- New York City
Booz Allen fourth quarter net surged nearly three-fold to $50.6 million. Copart third quarter increased 11% to $55.5 million. Jos. A. Bank Clothiers first quarter net declined 17% and RBC Bearings fourth quarter net soared 57.4%. Fresh Market first quarter net surged 43%.
- Arjun Dave
- 30 May, 2012
- New York City
Stocks in New York fell after European markets eased and bond yields of Spain reached a new high. Pending home sales fell in April. Research in Motion plunged 10% after it estimated operating loss and hired bankers for a strategic review. Apple chief confirmed the interest in building a TV device.
- Nigel Thomas
- 30 May, 2012
- New York City
Stocks in Tokyo recovered from the early decline of 1% in the Nikkei index but Spain and the euro zone worries dragged market sentiment. Olympus soared 5% on the speculation that it may seek capital from Panasonic or Sony and Renesas Electronics rebounded 27% after losing half its value this month.
- Marcus Jacob
- 30 May, 2012
- New York City
Australian stocks closed lower on international worries after Chinese press agency confirmed that the government is not planning additional stimulus. The dollar fell after April retail sales declined. Resource stocks were volatile after weak commodities prices as the euro fell to a 2-year low.
- Arthi Gupta
- 30 May, 2012
- New York City
The European indexes extended losses as Spanish bond yield rose to a record high since joining the euro. Italy raised
- Bikram Pandey
- 29 May, 2012
- New York City
Stocks in New York traded higher and the growing financial contagion spread to Spain dragging the euro to a 2-year low as investors seek the safety in currencies and increase the U.S. dollar exposure. Commodities traded volatile and gold fell.
- Mukesh Buch
- 29 May, 2012
- New York City
Colfax agreed to acquired Soldex S.A. valued $235 million. FedEx may acquire Brazilian transportation and logistics company Rapid
- Arthi Gupta
- 29 May, 2012
- New York City
The UK indexes advanced after high street sales rose in May. BG Group agreed to sell Comg
- Nigel Thomas
- 29 May, 2012
- New York City
Stocks in Tokyo gained but pared earlier gains on domestic corporate and the euro zone export worries. Panasonic, Renesas and Sony were in focus. Rising bond yields in the peripheral euro zone also stoked fears of another financial contagion in the currency union.
- Marcus Jacob
- 29 May, 2012
- New York City
Australian markets advanced but near the close struggled on the rising financial contagion worries in the euro zone. April new home sales in Australia surged 6.9% after dropping to the worst level in a decade in March.
- Arthi Gupta
- 29 May, 2012
- New York City
U.S. indexes gained and consumer confidence declined in May and home prices in metropolitan areas advanced in March. Japan-based Marubeni agreed to buy grain handler Gavilon for $3.6 billion. Icahn agreed to acquire 7.6% stake in Chesapeake.
- Arthi Gupta
- 29 May, 2012
- New York City
German import price index eased, Spanish retail sales slumped but Swiss consumption indicator rose in April. Swedish sentiment dropped in May and Norwegian jobless rate fell in March.
- Arthi Gupta
- 29 May, 2012
- New York City
The European indexes pared gains after Bank of Spain forecasted weakening economy and retail sales extended slump. Italy sold
- Nigel Thomas
- 28 May, 2012
- New York City
Stocks in Tokyo gained and Renesas Electronics plunged 11% after the company plans to eliminate 12,000 jobs and raise $1.3 billion. In light trading stocks generally drifted up. Nomura was linked to second insider trading case and Sumitomo Heavy confirmed it was suspended from a defense contract.