- Arthi Gupta
- 13 Apr, 2012
- New York City
The European indexes declined and rising Italian and Spanish yields have dampened investor sentiment. Bauer full year 2011 profit declined driven by poor performance in its construction segment.
- Arthi Gupta
- 13 Apr, 2012
- New York City
German and Spanish inflation eased but Italian inflation increased in March. Hungarian and Italian production and Dutch surplus declined in February.
- Bikram Pandey
- 12 Apr, 2012
- New York City
U.S. indexes extended gains for the second day in a row after two Fed officials endorsed the low interest rate view through 2014. Weekly jobless claims rose. Google Inc jumped 2% ahead of earnings after the market close.
- Arthi Gupta
- 12 Apr, 2012
- New York City
The UK indexes advanced and trade deficit widened in February and Irish inflation rose in March. Ashmore Group assets under management increased 9.1% in the third quarter.
- Mukesh Buch
- 12 Apr, 2012
- New York City
Argan fourth quarter net increased. Commerce Bancshares first quarter net increased to $65.8 million. Fastenal first quarter net surged 26%. Rite Aid fourth quarter net loss narrowed to $163.8 million and expects to continue in fiscal 2013. Washington Federal second quarter net soared 32%.
- Arthi Gupta
- 12 Apr, 2012
- New York City
U.S. indexes gained and weekly jobless claims rose to ten-week high, trade deficit narrowed in February and producer price index was flat in March. Sony planned to slash 10,000 jobs in the current fiscal year.
- Arthi Gupta
- 12 Apr, 2012
- New York City
Industrial production in the euro area and Spanish leading economic index rose in February. Greek jobless rate jumped to a record high of 21.8% in January. Inflation in France increased but in Portugal slowed to 7-month low in March.
- Arthi Gupta
- 12 Apr, 2012
- New York City
The European indexes traded sideways after Italy sold
- Marcus Jacob
- 12 Apr, 2012
- New York City
Stocks in Japan halted seven day decline and the yen held firm ahead of the long-range rocket launch from North Korea. Sony and Sharp were in focus for the second day after the revised loss estimates. Freight shipping companies fell on the prospect of lost revenues linked to Iranian oil shipments.
- Marcus Jacob
- 12 Apr, 2012
- New York City
Stocks and indexes in Australian gained after employers added 44,000 net new jobs in March. The quarterly job addition of 76,000 was the best since the final quarter of 2010. Seven Group agreed to acquire equipment distribution business of the U.S. based Bucyrus.
- Bikram Pandey
- 11 Apr, 2012
- New York City
U.S. indexes halted a losing streak of five days after Alcoa Inc reported better than expected earnings. Home builders surged on the expectations of higher earnings and banks gained ahead of earnings. Natural gas prices fell below $2 mark for the first time since January 2002.
- Arthi Gupta
- 11 Apr, 2012
- New York City
The UK indexes closed higher led by mining and banking stocks. UK retail sales and Irish construction activity and sentiment climbed in March. Barclays was in focus of excessive chief executive pay.
- Mukesh Buch
- 11 Apr, 2012
- New York City
Alcoa Inc reported better than expected quarterly profit and reaffirmed global demand for aluminum to grow 7% in 2012. Adtran first quarter net tumbled to $13 million. Progressive Corp. first quarter net dropped 29% to $257.6 million. Titan Machinery fourth quarter revenue surged 65%.
- Arthi Gupta
- 11 Apr, 2012
- New York City
U.S. indexes reversed to gains on Wednesday and import prices rose more than estimated in March. Alcoa quarterly net plunged 69% but surprised investors with a profit. Owens-Illinois jumped 10% after it lifted earnings outlook.
- Arthi Gupta
- 11 Apr, 2012
- New York City
German wholesale price index and Hungarian annual inflation slowed in March. Spanish industrial output dropped and Estonian deficit widened in February.