- Bikram Pandey
- 16 Apr, 2012
- New York City
U.S. stocks rebounded after retail sales were ahead of expectations in March. Treasury yields turned negative after adjusting for inflation. World Bank appointed another American as a head following the tradition of seventy years over objections from fast developing nations.
- Mukesh Buch
- 16 Apr, 2012
- New York City
Citigroup first quarter net dropped 2% to $2.9 billion but improving economic outlook helped revenues by 2%. Gannett first quarter net declined 24.6% on advertising revenues. M&T Bank first quarter net fell to $206.5 million. Mattel net tumbled 53%. Stratasys soar on first quarter outlook.
- Arthi Gupta
- 16 Apr, 2012
- New York City
The UK indexes fell after home prices rose to record levels in April and mortgage lending climbed in February. Stocks were volatile after Spanish bond yields and credit default rose to a new high for the year.
- Nigel Thomas
- 16 Apr, 2012
- New York City
The benchmark Nikkie index plunged the most in last two weeks as international worries dominated trading sentiment. Investors focused on the record Spanish bond yields and Korea lowered its growth estimate in the current year.
- Arthi Gupta
- 16 Apr, 2012
- New York City
U.S. indexes traded sideways and retail sales rose more than estimated in March. Home builder confidence declined in April. Goldman Sachs agreed to sell ICBC stake to Temasek for $2.3 billion. Stratasys and Objet agreed to merge in a $1.4 billion all-stock transaction.
- Marcus Jacob
- 16 Apr, 2012
- New York City
Australian stocks fell after business lending declined for the fourth month in a row in February. Whitehaven Coal completed the purchase of Aston Resources. Linc Energy announced a joint venture to explore natural gas in China.
- Arthi Gupta
- 16 Apr, 2012
- New York City
Euro area trade balance swung to a surplus, employment in the German manufacturing sector and Italian exports increased in February. Danish output prices climbed and Norwegian trade surplus rose to a record high in March.
- Arthi Gupta
- 16 Apr, 2012
- New York City
The European indexes pared gains as investors focused on the rising bond yields. GDF acquired remaining 30% stake in International Power for
- Mukesh Buch
- 13 Apr, 2012
- New York City
Coinstar soar on first quarter guidance. Google first quarter net surged 61% to $2.89 billion. Infosys declined on lowered fiscal revenue outlook. iGATE first quarter net soared 34.6%. JPMorgan first quarter net fell 3% to $5.4 billion. Wells Fargo first quarter net increased 13% to $4.02 billion.
- Bikram Pandey
- 13 Apr, 2012
- New York City
U.S. stocks declined after Wells Fargo and JP Morgan Chase reported better than expected earnings but rising expenses worries outweighed. Sentiment was weak after credit default swap on Spanish bonds rose to a record high and China reported weakest quarterly economic growth in nearly four years.
- Arthi Gupta
- 13 Apr, 2012
- New York City
The UK indexes declined tracking weaker-than-estimated Chinese economic data. UK factory gate inflation eased to a two-year low in March.
- Arthi Gupta
- 13 Apr, 2012
- New York City
U.S. indexes edged lower after consumer prices rose 0.3% in March. Weak global economic data did not boost investor sentiment. JPMorgan quarterly net fell on 6% rise in revenues and Wells Fargo profit increased 11%.
- Nigel Thomas
- 13 Apr, 2012
- New York City
Stocks in Tokyo gained for the second day in a row and market indexes advanced 1.2% on Friday. For the week, the Nikkei edged down 0.5% and held on to gains of 14% in the year so far. Sony Corp extended losses for the third day.
- Marcus Jacob
- 13 Apr, 2012
- New York City
Australian indexes closed higher and barely gained in the week as commodities prices advanced. Qantas chief executive backed the second airport proposal in Sydney. ANZ lifted rates again and broke ranks with the Reserve Bank.