- Arthi Gupta
- 26 Apr, 2012
- New York City
The European indexes struggled to advance after the euro area sentiment fell more than estimated in April. Italian borrowing costs rose in debt sale and the UK confidence improved in March. Fresenius planned to acquire Rh
- Bikram Pandey
- 25 Apr, 2012
- New York City
The U.S. indexes advanced and the Nasdaq gained more than 2%. Fed left its asset purchase program unrevised and left rates near zero. Apple Inc said it has more than $100 billion and iPad rollout has been the fastest in the history of the company.
- Mukesh Buch
- 25 Apr, 2012
- New York City
Apple second quarter net surged 94% on strong sales of iPhones and iPad and sales in China tripled from a year ago. Caterpillar first quarter net soared 29% and raised profit outlook. Boeing first quarter net soared 58% to $923 million and lifted 2012 view. Coca-Cola planed stock split of 2-for-1.
- Arthi Gupta
- 25 Apr, 2012
- New York City
U.S. indexes edged higher and Nasdaq soared 2% after Apple earnings crushed market expectations. New orders for U.S. durable goods fell in March. Amgen agreed to acquire Turkey-based Mustafa Nevzat for $700 million.
- Nigel Thomas
- 25 Apr, 2012
- New York City
The Nikkei index in Tokyo gained after a 4-day slide after better than expected earnings in Japan and in U.S. contributed to positive market sentiment. Daiki Aluminum soared 5% and Sumitomo Mitsui Financial said it plans to acquire 24% stake in China based wealth manager China Post & Capital.
- Arthi Gupta
- 25 Apr, 2012
- New York City
UK economy slipped back into second recession in less than five years after the economy shrank in the first quarter on sharp decline in construction and a weakness in the service sector. Polish retail sales increased 10.7% and unemployment declined to 13.3%.
- Arthi Gupta
- 25 Apr, 2012
- New York City
The European indexes gained on strong corporate earnings. The euro area loan demand fell and the UK economy slid into a recession in the first quarter. Siemens cut fiscal year outlook after quarterly earnings plunged.
- Bikram Pandey
- 24 Apr, 2012
- New York City
U.S. stocks advanced after AT&T, 3M, United Technology and Parker Hannifin, T. Rowe Price and Hershey reported better than expected earnings. After the close, Apple reported $39.2 billion in sales and earnings of $11.6 billion of $12.30 a share.
- Mukesh Buch
- 24 Apr, 2012
- New York City
3M first quarter net increased 4% to $1.12 billion. AT&T first quarter net increased 5.2% to $3.58 billion. Coach third quarter net soared 21% as China sales grew 60%. Facebook first quarter net declined 12% to $205 million. Illinois Tool first quarter net declined 22% to $486 million.
- Arthi Gupta
- 24 Apr, 2012
- New York City
U.S. indexes edged slightly higher after metropolitan home price index rose in February. Microsoft agreed to sell few of AOL patents to Facebook for $550 million. Hedge fund takes a 12% stake in Barnes & Noble.
- Marcus Jacob
- 24 Apr, 2012
- New York City
Stocks in Tokyo extended losses for the fourth day in a row and the yen strengthened. All Nippon Airways surged after the airline plans to double its annual dividend per share to 4 yen. Shinko Electric Industries lowered its annual loss estimate.
- Marcus Jacob
- 24 Apr, 2012
- New York City
Australian consumer price index increased less than expected 0.1% in the quarter to March and rose 1.6% in the year to the month. The weak reported inflation followed the benign wholesale price index data released on Monday. Newcrest Mining lowered its annual production outlook.
- Arthi Gupta
- 24 Apr, 2012
- New York City
French confidence improved in April and the index was the highest since November 2010. UK public borrowing rose in March as the government struggles with revenues and fees.
- Arthi Gupta
- 24 Apr, 2012
- New York City
The European indexes rebounded after debt auctions by Spain, Italy and the Netherlands. French sentiment improved in April. The UK public sector net borrowing rose in March. Shell agreed to buy Cove for
- Bikram Pandey
- 23 Apr, 2012
- New York City
U.S. indexes traded lower and fell more than 1% and the Nasdaq declined as much as 1.7%. Crude oil and gold dropped and the dollar gained. Total of $15 billion of deals were announced in the U.S. and Europe. Hong Kong led the sharp declines in Asian markets.