- Mukesh Buch
- 23 Apr, 2012
- New York City
BE Aerospace first quarter net surged 37% and reaffirmed 2012 outlook. ConocoPhillips net fell on weak production. Hasbro swung to first quarter net loss on weak sales in North America. Kellogg lowered full year outlook. Xerox quarterly net fell to $269 million.
- Arthi Gupta
- 23 Apr, 2012
- New York City
U.S. indexes fell after global economic worries weighed on the market. Weak manufacturing in China and the euro area dampened market sentiment despite the release of $15 billion worth of deals in the U.S. and Europe. Pfizer agreed to divest its infant nutrition business to Nestl
- Nigel Thomas
- 23 Apr, 2012
- New York City
Stocks and broader indexes in Tokyo fell ahead of comments from the Bank of Japan on Friday. Investors were cautious and speculation mounted that the central bank may expand its $800 billion asset purchase program. Rakuten, the largest e-commerce website operator shut down its site in China.
- Marcus Jacob
- 23 Apr, 2012
- New York City
Australian stocks edged lower on the first day of a short trading week after producer prices declined in the March quarter. Investors are expecting consumer price index to show an increase of at least 0.6% tomorrow.
- Arthi Gupta
- 23 Apr, 2012
- New York City
European markets dropped after the latest reading on the private sector activity showed larger than expected weakness in April. French business sentiment index declined. Spanish economy shrank 0.4%, the first quarterly decline after seven quarters of modest growth.
- Arthi Gupta
- 23 Apr, 2012
- New York City
The G-20 nations pledged $430 billion to the IMF. Nestl
- Bikram Pandey
- 20 Apr, 2012
- New York City
U.S. stocks snapped higher after two days of losses on better than expected earnings from General Electric, Microsoft and McDonald
- Mukesh Buch
- 20 Apr, 2012
- New York City
General Electric first quarter net declined 12% to $3.03 billion and Honeywell first quarter net soared 17% to $823 million. Ingersoll-Rand first quarter net swung to $95.6 million profit. McDonald
- Arthi Gupta
- 20 Apr, 2012
- New York City
U.S. indexes gained momentum after better-than-estimated earnings and leading economic index rose in March. Apollo increased its offer price to acquire Great Wolf. Microsoft earnings beat estimates of lower quarterly net earnings.
- Nigel Thomas
- 20 Apr, 2012
- New York City
Stocks in Japan closed lower and the benchmark Nikkei index declined for the third week in a row. JFE Holdings said full-year net dropped 68% on stronger yen and flat steel products prices. Freight shippers were higher on the expectations of a recovery in container rates.
- Marcus Jacob
- 20 Apr, 2012
- New York City
Australian stocks gained 0.1% to close at a new 8-month high and for the week jumped 1% as world finance ministers and bankers gather in Washington to discuss the euro zone crisis and faltering global economic growth. Woolworths reported weaker than expected quarterly sales results.
- Arthi Gupta
- 20 Apr, 2012
- New York City
The European indexes pared gains after trading higher in the day after German business sentiment improved unexpectedly in April. The UK retail sales rose in March. International Airlines Group completed the acquisition of bmi from Lufthansa.
- Bikram Pandey
- 19 Apr, 2012
- New York City
U.S indexes decreased for the second day in a row after initial jobless claims were ahead of expectations and existing home sales fell in March for the second month in a row. The index of leading economic indicators in the month posted the sixth advance in a row.
- Nigel Thomas
- 19 Apr, 2012
- New York City
Stocks in Japan traded lower after a surge in yesterday
- Mukesh Buch
- 19 Apr, 2012
- New York City
Bank of America first quarter net declined 68% to $653 million. DuPont reaffirmed full year earnings outlook. Morgan Stanley first quarter net swung to $119 million loss. Verizon first quarter net soared 19% to $3.9 billion. Yum! Brands first quarter net surged 73% to $458 million.