- Arthi Gupta
- 07 Feb, 2012
- New York City
The UK indexes slid and crude oil was in focus as the European markets turned cautious as Greek negotiations dragged on. Retail sales in the United Kingdom eased in January. BP quarterly net soared 38% and GlaxoSmithKline swung to profit.
- Mukesh Buch
- 07 Feb, 2012
- New York City
AGCO fourth quarter net surged to $285.2 million and Anadarko fourth quarter net loss swung to $358 million. Emerson Electric first quarter net slumped 23% to $371 million. Coca-Cola fourth quarter net declined 71% to $1.65 billion.
- Arthi Gupta
- 07 Feb, 2012
- New York City
The U.S. indexes fell on the ongoing euro zone debt crisis and protracted Greek negotiations. Tensions rose in the Middle East as Western nations accelerate spy activities in Syria and the U.S. freeze Iranian sanctions. Coca-Cola quarterly earnings slumped 71% and Toyota lifted its annual view.
- Nigel Thomas
- 07 Feb, 2012
- New York City
Stocks in Japan traded sideways after Japan Tobacco lifted its annual outlook and Dainippon Screen Manufacturing indicated weak orders in the current quarter. After the close, Toyota Motor reported better than expected unit sales and rising revenues.
- Arthi Gupta
- 07 Feb, 2012
- New York City
European markets edged lower after Greece sold
- Arthi Gupta
- 07 Feb, 2012
- New York City
German production declined, Norwegian manufacturing production rose and French trade deficit increased in December. Swiss foreign exchange reserves drop and Swedish deficit was higher than expected in January.
- Marcus Jacob
- 07 Feb, 2012
- New York City
Reserve Bank of Australia left its key lending rate on hold as the mining sector revs up spending and inflation remains within the target range. The Australian dollar rose to a record high against the euro and 27-year high against the UK pound. Cochlear jumped on lower than expected annual loss.
- Bikram Pandey
- 06 Feb, 2012
- New York City
U.S. stocks edged lower in a cautious trading as politicians in Europe struggle to devise Greek debt restructuring. President Barack Obama ordered a freeze on all assets controlled by Iranian government and financial institutions. Oil fell a fraction.
- Nichole Harper
- 06 Feb, 2012
- New York City
U.S. index declined after Greek negotiations worries overwhelmed earnings reports. Fidelity National offered to acquire casual restaurant chain O
- Devan Biswas
- 06 Feb, 2012
- New York City
European markets eased as all eyes were focused on the Greek negotiations. Political leaders of France and Germany pressed Athens for quick actions and said time is running out as Greek politicians held firm on labor reforms. Xstrata and Glencore are expected to announce a deal as early as tomorrow.
- Mukesh Buch
- 06 Feb, 2012
- New York City
CNA Financial fourth quarter net declined 37% to $190 million and Humana fourth quarter net surged 86% to $199 million. HCA Holdings fourth quarter net surged to $1.94 billion. Loews fourth quarter net dropped to $268 million. Sysco second quarter net slipped to $250.1 million.
- Nigel Thomas
- 06 Feb, 2012
- New York City
Stocks in Tokyo trading gained despite the weak domestic earnings outlook and on the hopes of stronger earnings in the current calendar year. Nikon and Panasonic jumped. Investors digested the decline in the U.S. unemployment rate and another delay in finalizing the Greek debt restructuring.
- Marcus Jacob
- 06 Feb, 2012
- New York City
Australian retail sales increased 2.4% in 2011, the slowest annual pace in 27 years when record keeping began. Perpetual chief executive resigned and Spotless Group permitted Pacific Equity Partners to conduct due diligence.
- Bikram Pandey
- 03 Feb, 2012
- New York City
U.S. markets rallied after the release of January jobless data. S&P 500 index gained 1.4% and the Nasdaq added 1.6%. For the week, the two leading indexes gained more than 2%. European markets advanced on the hopes that Greek talks will end this weekend.
- Nichole Harper
- 03 Feb, 2012
- New York City
European markets closed higher and advanced in the week as miners and bank led the gainers. Market sentiment was cautious after Greek bailout cost was raised by