- Arthi Gupta
- 13 Jul, 2012
- New York City
U.S. indexes advanced after China reported slowing but strong GDP, industrial production and retail sales data. U.S. producer prices unexpectedly rose. JPMorgan quarterly net fell and withdrew its first quarter earnings. Wells Fargo earnings rose.
- Marcus Jacob
- 13 Jul, 2012
- New York City
Australian stocks rebounded after China reported strong but the slowest economic growth in the three years. Industrial production and retail sales matched the previous quarter data but construction declined. Resources linked stocks gained after commodities and the dollar edged up.
- Arthi Gupta
- 13 Jul, 2012
- New York City
French retail sales rebounded, Spanish consumer price inflation remained unchanged but Swiss producer and import price index fell in June. Hungarian output declined and Czech current account slipped to deficit in May.
- Arthi Gupta
- 13 Jul, 2012
- New York City
The European indexes gained after China reported GDP that met expectations. Italy sold
- Arjun Dave
- 12 Jul, 2012
- New York City
The Treasury Department said June deficit widened 38.7% to $59.7 billion. Revenues increased 4.2% and expenditures increase 9.3%. For the first nine months, the deficit declined 6.7% to $904.2 billion.
- Bikram Pandey
- 12 Jul, 2012
- New York City
U.S. indexes struggled as investors feared that worldwide economic slowdown may dampen earnings of domestic companies. Infosys lowered its sales outlook. Grocery retailers dropped after SuperValu cut its dividend and plans to lower prices. Mortgage rates drop to a new low.
- Mukesh Buch
- 12 Jul, 2012
- New York City
Chevron lifted second quarter earnings outlook. Fastenal second quarter increased 19.3% to $112.3 million. Infosys first quarter net rose 8.3% to $416 million. Marriott International second quarter net grew 6% to $143 million.
- Arthi Gupta
- 12 Jul, 2012
- New York City
The UK indexes slumped after home purchase loans rose in May. Irish economy shrunk in the first quarter and inflation eased in June. Aegis agreed to be acquired by Dentsu for
- Nigel Thomas
- 12 Jul, 2012
- New York City
Stocks in Tokyo fell for the sixth day in a row after the central bank held its asset purchase and lending program and offered less than expected aggressive response to revive the economy. The yen traded volatile. Asahi Glass plunged after it lowered its fiscal year operating earnings outlook.
- Arthi Gupta
- 12 Jul, 2012
- New York City
U.S. indexes rose after weekly jobless claims fell, import prices declined in June and foreclosure activity dropped in the first-half. Japan-based Dentsu agreed to acquire UK-based Aegis Group for $4.9 billion.
- Marcus Jacob
- 12 Jul, 2012
- New York City
Australian indexes turned lower for the sixth day in a row after local employers cut 22,700 jobs in June and unemployment increased to 5.2%. The dollar edged lower ahead of GDP data from China tomorrow.
- Arthi Gupta
- 12 Jul, 2012
- New York City
The European indexes declined after latest statement from the ECB highlighted downside risks and the European industrial production rebounded unexpectedly. Italy sold
- Arthi Gupta
- 12 Jul, 2012
- New York City
Greek jobless rate rose to a record high in April. German wholesale price inflation eased but French annual inflation remained unchanged in June. Industrial production in the euro area improved and Dutch exports soared in May.
- Bikram Pandey
- 11 Jul, 2012
- New York City
U.S. indexes accelerated the decline after the prospect of another stimulus faded. The latest minutes of Fed meeting showed that more action may be needed to lower unemployment rate but also noted most of the jobless rate is driven by structural factors.
- Arthi Gupta
- 11 Jul, 2012
- New York City
U.S. indexes traded sideways after trade deficit contracted and wholesale inventories increased in May. Unit Corp agreed to acquire certain oil and natural gas properties from Noble Energy for $617 million.