- Mukesh Buch
- 07 Mar, 2012
- New York City
American Eagle fourth quarter net decreased to $51.3 million. Ciena first quarter net loss narrowed to $47.6 million. Express fourth quarter net increased to $60.4 million. Pandora Media fourth quarter net loss widened to $8.18 million. Bon-Ton Stores fourth quarter net slipped to $78.2 million.
- Nigel Thomas
- 07 Mar, 2012
- New York City
Stocks in Tokyo eased for the third day in a row and trimmed the gain in the benchmark index in the year so far to 13.3%. The index fell nearly 2% in the last three sessions. Infrastructure developers extended rally for the second day. The yen strengthened but hovered near a 9-month high.
- Arthi Gupta
- 07 Mar, 2012
- New York City
The U.S. indexes gained after employment in the private sector rose in February and productivity increased 0.9% in the fourth quarter. Scotiabank agreed to acquire Howard Weil and Nuance Communications agreed to purchase Transcend for $300 million.
- Marcus Jacob
- 07 Mar, 2012
- New York City
The benchmark index in Australia declined the most in the year so far and registered the worst one day loss in nine weeks after economic growth in the final quarter was less than expected. The Australian dollar fell against all major currencies.
- Arthi Gupta
- 07 Mar, 2012
- New York City
European indexes edged higher after Germany sold
- Arthi Gupta
- 07 Mar, 2012
- New York City
German orders declined and industrial production was mixed in the euro area in January. Swiss jobless rate remained flat and Sweden recorded a budget surplus in February. The National Bank of Poland held key lending rate.
- Bikram Pandey
- 06 Mar, 2012
- New York City
Global markets fell sharply and copper and crude oil declined after weak global economic data. European indexes drop more than 2.7% and the S&P 500 index dropped the most in three months. Anxieties were high in Europe as the deadline looms for the Greek private sector bond swap.
- Arthi Gupta
- 06 Mar, 2012
- New York City
The UK indexes dropped after retail sales, home prices and new car registrations fell in February. Michael Page plunged 6% after pre-tax profit fell in fiscal 2011.
- Arthi Gupta
- 06 Mar, 2012
- New York City
The U.S. indexes declined on the worries that a disorderly default on Greek bonds will do more harm if private investors fail to agree to debt swap terms. AmerisourceBergen agreed to buy World Courier Group for $520 million.
- Nigel Thomas
- 06 Mar, 2012
- New York City
The benchmark Nikkei 225 index declined for the second day in a row. The makers of steel and machinery and shipping companies declined after China shifted its focus on consumption from domestic investment. Bridge makers soared.
- Arthi Gupta
- 06 Mar, 2012
- New York City
The OECD area inflation eased to a 10-month low in January. The euro area economy contracted in the fourth quarter. EU private sector productivity rose in February. Norwegian consumer sentiment improved in the first quarter.
- Marcus Jacob
- 06 Mar, 2012
- New York City
Australian stocks declined after the Reserve Bank of Australia left its key lending rate unchanged at 4.25% for the second month in a row. Resources linked stocks and banks led the decliners. Current account deficit increased in the fourth quarter.
- Arthi Gupta
- 06 Mar, 2012
- New York City
European indexes declined after the euro zone economy contracted 0.3% in the fourth quarter. Daimler and Volkswagen reported record auto sales in February. Merck quarterly profit tripled.
- Bikram Pandey
- 05 Mar, 2012
- New York City
Financial markets around the world and commodities declined after China lowered its economic growth outlook in the current year. BP Plc agreed to pay $7.8 billion to settle more than 100,000 claims related to Gulf of Mexico oil spill.