- Nigel Thomas
- 26 Jul, 2012
- New York City
Stocks in Japan rebounded after short sellers completed most of the selling earlier in the week. Nissan quarterly profit declined 15% and stronger yen took a bite from the earnings. Fanuc gained after it reaffirmed first half outlook. Nintendo reported narrower loss.
- Mukesh Buch
- 26 Jul, 2012
- New York City
3M second quarter net edged up to $1.17 billion.Colgate-Palmolive second quarter net edged up 0.8% to $627 million. Dow Chemical net soared 73.5% to $982 million and Exxon Mobil second quarter net soared 48.6% to $15.9 billion.
- Mukesh Buch
- 26 Jul, 2012
- New York City
CR Bard swung to second quarter profit and Delta Air Lines to $166 million loss. Hess second quarter net slid 9.6% on lower oil prices. Motorola Solutions operating earnings surged 75%.
- Marcus Jacob
- 26 Jul, 2012
- New York City
Australian stocks closed higher as investors focused on domestic earnings. Sirius Resources soared eight-fold and trading surged 100-fold after the company reported progress in mineral exploration. Caltex closed its refinery in Sydney.
- Arthi Gupta
- 26 Jul, 2012
- New York City
U.S. indexes advanced after durable goods orders increased in June and weekly jobless claims fell more than anticipated. United Technologies agreed to sell industrial products businesses for $3.46 billion. Exxon quarterly net soared 49%.
- Arthi Gupta
- 26 Jul, 2012
- New York City
Banco Santander quarterly net plunged 93% and PUMA earnings fell 29%. BASF confirmed its outlook for growth in fiscal 2012. Unilever first-half revenues increased 11.5%.
- Arthi Gupta
- 26 Jul, 2012
- New York City
The European indexes fell on the speculation that Greece may not meet its deficit target. Moody''s changed outlook on 17 German banking groups to negative. Italy sold
- Bikram Pandey
- 25 Jul, 2012
- New York City
U.S. stocks turned negative in a choppy session. Technology stocks were weak after a decline in Apple and Netflix. New home sales dropped at 8.4% annual rate in June. Outlook in Europe darkened after UK reported deeper than expected economic decline.
- Mukesh Buch
- 25 Jul, 2012
- New York City
Boeing second quarter revenue surge 21% and net rose 3% and backlog was valued at $302 billion. Caterpillar net jumped 67% and lifted fiscal outlook and ConocoPhillips second quarter net declined 33% on spin-off and weak oil prices. Ford second quarter net plunged 57%.
- Nigel Thomas
- 25 Jul, 2012
- New York City
Stocks in Tokyo traded lower and the Nikkei index fell to its lowest in the year. The index is down 1.1% in the year so far on the worries that a new round of economic stimulus in the U.S. may strengthen the yen. Tech stocks declined after Apple earnings were below expectations.
- Mukesh Buch
- 25 Jul, 2012
- New York City
ACE second quarter net tumbled 44.8% and Bristol-Myers declined 28% on patent expiration. Eli Lilly second quarter tumbled 23% and lifted fiscal guidance. General Dynamics net fall and revised lower outlook.
- Marcus Jacob
- 25 Jul, 2012
- New York City
Australian indexes declined as China was added to the list of worries in the euro zone. The dollar eased and resources linked companies traded lower. The latest data on the June quarter inflation showed a decline in core inflation.
- Arthi Gupta
- 25 Jul, 2012
- New York City
The European indexes traded higher and German business confidence fell more than estimated in July. The UK economy contracted in the second quarter. Cheung Kong led consortium agreed to buy MGN Gas Networks for $1 billion.
- Arthi Gupta
- 25 Jul, 2012
- New York City
U.S. indexes traded sideways after Apple Inc missed earnings forecast. Ford and PepsiCo reported quarterly declines in earnings but Boeing net rose 3% in the quarter.
- Devan Biswas
- 24 Jul, 2012
- New York City
Apple Inc dropped as much as 6% in aftermarket trading after it reported lower than expected earnings. Netflix plunged 14% after it estimated a quarterly loss.