- Nigel Thomas
- 03 Apr, 2012
- New York City
Stocks in Tokyo edged lower and declined in six of the last ten sessions. The yen strengthened to a 3-week high as Japanese multinationals repatriate profits to rebuild domestic operations.
- Arthi Gupta
- 03 Apr, 2012
- New York City
OECD area inflation remained stable but euro area industrial producer prices rose in February. Spanish unemployment climbed in March.
- Arthi Gupta
- 03 Apr, 2012
- New York City
The European indexes pared gains on concerns of global economic growth. Spain struggles to contain public debt as jobless rate increased in March. Molson Coors agreed to acquire StarBev for
- Marcus Jacob
- 03 Apr, 2012
- New York City
Australian stocks inched higher in a directionless trading after the central bank left its key lending rate on hold but held out a possible rate cut at its next meeting in a month. Retail sales in February grew at anemic rate highlighting weak consumer spending.
- Bikram Pandey
- 02 Apr, 2012
- New York City
U.S. stocks extended gains on the first day of the second quarter as the rally as the rally advances to the seventh month. Commodities advanced after manufacturing index gained but construction spending fell. European markets trimmed gains and stocks gained in new financial year in Japan and India.
- Arthi Gupta
- 02 Apr, 2012
- New York City
The UK indexes soared after manufacturing activity and business sentiment rose in March and housing equity injections remained unchanged in the fourth quarter. GlaxoSmithKline increased its stake in U.S.-based Theravance.
- Nichole Harper
- 02 Apr, 2012
- New York City
Avon Products rejected $10 billion cash offer from a privately held Coty. The perfume seller said it does not want to proceed if Avon rejects its friendly overtures but pressured the company to open its books that may lead to a higher offer.
- Arthi Gupta
- 02 Apr, 2012
- New York City
U.S. indexes rebounded after manufacturing sector activity rose in March. U.S. construction spending fell in February. Avon rebuffed $10 billion Coty takeover offer. Dow Chemical to cut 900 jobs worldwide.
- Mukesh Buch
- 02 Apr, 2012
- New York City
Avon rejected $10 billion offer from Coty. Glaxo raised its stake in Theravance. Global Payments third quarter net soared 21% and lifted full year revenue guidance. Groupon revised fourth quarter guidance. Express Scripts completed acquisition of Medco Health for $29.1 billion.
- Arthi Gupta
- 02 Apr, 2012
- New York City
Jobless rate in the euro area climbed, Danish retail sales fell and Swiss retail turnover growth eased in February. Manufacturing output contracted across the euro-zone in March.
- Arthi Gupta
- 02 Apr, 2012
- New York City
The European indexes lost early momentum after unemployment rose in February. Privately held cosmetic maker Coty offered to acquire U.S. based Avon Products for $10 billion. Barry Callebaut first-half net declined.
- Nigel Thomas
- 02 Apr, 2012
- New York City
Stocks on the first day of a new financial year gained after investors shifted focus to opportunities linked to Japan reconstruction. The latest survey of big manufacturers showed no change in sentiment in the first quarter but automakers said sentiment improved for the third month in a row.
- Marcus Jacob
- 02 Apr, 2012
- New York City
Australian stocks edged lower after residential building approvals declined 7.8% in February from January but home prices inched higher in large cities.
- Devan Biswas
- 30 Mar, 2012
- New York City
Research in Motion announced more executive changes and vowed to focus on its core smartphone products as quarterly sales declined for the fifth quarter in a row.
- Nichole Harper
- 30 Mar, 2012
- New York City
U.S. stocks extend gains on the last day of the quartet and the benchmark index is set to close up 12% in the quarter. The stocks were higher after U.S. consumer spending rose 0.8% in February, the most in seven months and European ministers agreed to increase bailout fund size.