- Marcus Jacob
- 30 Jul, 2012
- New York City
Stocks in Japan traded higher as political momentum builds in the euro zone for another round of bond purchase. Nippon Steel fell after it estimated loss in the first half. Fujitsu traded near three decade low after it reported a net loss but Konica Minolta gained on earnings.
- Marcus Jacob
- 30 Jul, 2012
- New York City
Australian markets closed higher for the third day in a row and resources linked stocks led the advance. Iron ore prices traded near 30-month low ahead of the Chinese manufacturing data later in the week.
- Arthi Gupta
- 30 Jul, 2012
- New York City
U.S. indexes struggled and CB&I agreed to acquire Shaw Group for $3 billion in a cash and stock transaction. Roper agreed to acquire Sunquest for $1.415 billion. European leaders reaffirmed their commitment to the euro and indicated decisive and coordinated action as early as this week.
- Arthi Gupta
- 30 Jul, 2012
- New York City
Air France-KLM second quarter loss widened and Reckitt Benckiser revenue dipped. Air Liquide first-half sales and profit rose. Ryanair first quarter slumped 29% on higher fuel costs.
- Arthi Gupta
- 30 Jul, 2012
- New York City
The European indexes rallied on optimism that the ECB will take steps to resolve the debt crisis. Italy raised
- Bikram Pandey
- 27 Jul, 2012
- New York City
U.S. indexes extended rally that began in Europe yesterday and swept around the world on the hopes of a fresh round of bond purchase by the European Central Bank. The strong market gains were seen in broad indexes and commodities closed higher. However earnings related stocks dominated trading.
- Nigel Thomas
- 27 Jul, 2012
- New York City
Nikkei index in Tokyo advanced 1.5% and for the week decreased 1.2%. Automakers, steelmakers and shippers led the market advance after comments from the ECB president and short covering fuelled the rally.
- Mukesh Buch
- 27 Jul, 2012
- New York City
Aon second quarter net slipped 5% and Amazon.com second quarter net tumbled 96% to $7 million. Chevron second quarter net slid 1.6% to $7.21 billion. Merck net declined 11.4% to $1.79 billion and Newmont Mining plunged 27.9% to $279 million.
- Marcus Jacob
- 27 Jul, 2012
- New York City
Australian markets close higher as commodities advanced and the dollar gained a fraction. The spot price of iron ore declined for the second week in a row and dropped to a new low of $118 a ton and is likely to test the price level of $110.
- Mukesh Buch
- 27 Jul, 2012
- New York City
ABB second quarter net declined 27%. AstraZeneca second quarter net plunged 46% to $1.24 billion. Facebook second quarter net swung to $157 million loss. United Technologies net rose and completed the acquisition of Goodrich.
- Arthi Gupta
- 27 Jul, 2012
- New York City
U.S. indexes advanced after economic growth declined to 1.5% rate in the second quarter. Italy raised
- Arthi Gupta
- 27 Jul, 2012
- New York City
Linde and Michelin first-half earnings rose on revenue growth. Lafarge quarterly net plunged 80% on Greek impairment charges. Total earnings plunged 42% in the second quarter.
- Arthi Gupta
- 27 Jul, 2012
- New York City
EADS lifted its fiscal 2012 earnings outlook. Saint-Gobain said second quarter hit by a deterioration in the economic climate in Western Europe.
- Arthi Gupta
- 27 Jul, 2012
- New York City
The European indexes pared gains on worries that Greece is struggling to meet its deficit target. Euro-zone leading index declined in June. Spanish jobless rate rose in the second quarter. Total and Lafarge quarterly earnings slumped.
- Bikram Pandey
- 26 Jul, 2012
- New York City
Latest batch of earnings from U.S., Europe and Asia lifted markets sentiment in nine largest markets around the world. Indexes in Europe and New York also advanced after ECB president reiterated his comments to preserve the euro. Commodities gained.