- Marcus Jacob
- 03 Aug, 2012
- New York City
Australian markets declined following worldwide market selloff after central bank in Europe failed to offer immediate specific steps. BHP Billiton finally faced the expensive shale gas acquisition in the U.S. and wrote down assets by $2.5 billion.
- Arthi Gupta
- 03 Aug, 2012
- New York City
U.S. indexes gained after nonfarm payrolls rose more than estimated in July. CF Industries agreed to acquire Viterra
- Arthi Gupta
- 03 Aug, 2012
- New York City
Allianz quarterly revenues rose 23% but RBS operating profit fell 22%. AXA net income slumped 36% and Dexia loss narrowed in the first-half. International Consolidated Airlines swung to loss in the second quarter.
- Arthi Gupta
- 03 Aug, 2012
- New York City
The European indexes edged higher after euro area retail sales increased in June. Spanish and Italian yields rose above 6%. BHP said it will write down $3.3 billion of U.S. shale gas business and Australian nickel operations. RBS quarterly operating profit fell 22%.
- Bikram Pandey
- 02 Aug, 2012
- New York City
U.S. indexes fell after European Central Bank said it is prepared to purchase additional sovereign bonds only if rescue fund acts first and politicians take steps to restructure economies. Markets in New York dropped 1% and in Europe fell more than 2.5%. Gold, oil and copper eased between 1% and 3%.
- Nigel Thomas
- 02 Aug, 2012
- New York City
Stocks in Tokyo closed higher but not without strong undercurrent of weaker than expected earnings. Toyota Motor was the most actively traded stock after it reported rising U.S. sales. Tokyo Electric Power jumped narrower quarterly loss.
- Sarla Buch
- 02 Aug, 2012
- New York City
Ameren second quarter net surged 53% and lifted fiscal guidance. DirecTV second quarter net rose and General Motors net declined 40% to $1.5 billion. Teradata second quarter net climbed and Hartford said quarterly net swung to $101 million loss.
- Marcus Jacob
- 02 Aug, 2012
- New York City
Australian markets closed higher ahead of rate decisions in Europe. Australian retail sales rose 1% in June and sales in May were revised higher to 0.8%. Trade balance in June improved to a modest surplus on a fall in import prices.
- Mukesh Buch
- 02 Aug, 2012
- New York City
American Tower second quarter net plunged 58% and Becton, Dickinson net declined 4.7% and Cigna net slipped 2.8% to $380 million. Duke Energy net rose 2% to $444 million. DaVita net fell 1% to $120 million and Hospira net swung to loss.
- Arthi Gupta
- 02 Aug, 2012
- New York City
U.S. indexes gained after weekly jobless claims rose less than estimated. The European Central Bank left its benchmark interest rate unchanged at 0.75%. Monsanto won $1 billion in infringement trial against DuPont. General Motors quarterly net declined 40%.
- Arthi Gupta
- 02 Aug, 2012
- New York City
Deutsche Post quarterly revenues rose on the growth in Asia but BNP Paribas quarterly net declined 13%. Telecom Italia swung to profit and Lufthansa loss narrowed in the first-half. adidas earnings rose 18% in the quarter and Schroders first-half revenue fell 9%.
- Arthi Gupta
- 02 Aug, 2012
- New York City
The European indexes turned lower after the ECB showed willingness to purchase bonds but will only act after rescue fund acts first and governments restructure their economies. Spain sold
- Bikram Pandey
- 01 Aug, 2012
- New York City
U.S. stocks turned lower after Fed statement failed to shed new light on the economy and the central bank did not offer any new measures to revive employment. Investors shifted attention to the European Central Bank anticipating specific steps to curb stress in sovereign bond market.
- Sarla Buch
- 01 Aug, 2012
- New York City
Devon Energy second quarter net tumbled 83% and Exelon net dropped 54%. Harley-Davidson second quarter net surged 30% and Macerich second quarter net swung to $133.4 million profit. MasterCard second quarter net surged 15% to $700 million.
- Nigel Thomas
- 01 Aug, 2012
- New York City
Stocks in Tokyo traded lower and domestic earnings dominated market sentiment. Honda Motor declined o weaker than expected earnings and Komatsu fell on weak outlook. Seiko Epson fell to a record low after it cut its guidance but NEC and Panasonic gained.