- Arthi Gupta
- 10 May, 2012
- New York City
The European indexes edged lower after the Greek political turmoil intensified and the nation is heading for another snap election in less than two months. The European Financial Stability Facility confirmed the release of
- Arthi Gupta
- 09 May, 2012
- New York City
The UK indexes dropped 1% tracking losses in Europe as Greece struggles to form a new government and the prospect of another election looms large. Retail sales in the UK fell in April. GlaxoSmithKline planned to take its hostile $2.6 billion bid for U.S.-based Human Genome Sciences to shareholders.
- Arthi Gupta
- 09 May, 2012
- New York City
U.S. and global indexes edged lower as Greek leaders struggle to form a new government. Political chaos in Greece raised concerns that the nation may cancel its bailout terms and may head for another election in the next six weeks. Toyota net and sales rose in the fourth quarter.
- Nigel Thomas
- 10 May, 2012
- New York City
Stocks in China declined on the ongoing political turmoil in the euro zone and losses were trimmed after Toyota Motor announced net sales in the current fiscal year to increase 18%. China reported less than expected foreign trade growth and is scheduled to release more economic data on Friday.
- Marcus Jacob
- 10 May, 2012
- New York City
Australian indexes rebounded from the one-month low after April unemployment rate unexpectedly declined to 4.9% as employers add more part time positions. News Corp third quarter net increased 47% and Murdoch family face more resignation calls. Leighton won $800 million infrastructure project in Queensland.
- Arthi Gupta
- 09 May, 2012
- New York City
German manufacturing turnover eased but foreign trade surplus increased to
- Arthi Gupta
- 09 May, 2012
- New York City
The European indexes traded sideways while Greek parties struggle to form a coalition government. Stock markets were calm but Spanish yields rose above 6%. German exports rose unexpectedly in March. Commerzbank, ING, and E.ON quarterly net fell.
- Arthi Gupta
- 08 May, 2012
- New York City
The UK indexes dipped after home prices declined and Irish sentiment improved for the fourth straight month in April. The UK manufacturers estimate exports to soar this year. HSBC quarterly net fell 38%. Thomas Cook agreed to new lending terms.
- Arthi Gupta
- 16 May, 2012
- New York City
U.S. indexes edged higher after housing starts rose in April. GE agreed to acquire Australia-based Industrea in a deal valued at approximately A$700 million and Fairchild International in support of the global expansion of its mining business.
- Arthi Gupta
- 08 May, 2012
- New York City
U.S. indexes edged lower as Greece struggles to form the next government and avoid a default before next bailout disbursement. Electronic Arts net income soared and Direct TV quarterly net gained 9%. However, OfficeMax net was cut by more than half.
- Arthi Gupta
- 08 May, 2012
- New York City
Hungarian output rebounded, Danish surplus declined and Norwegian manufacturing production fell in March. Swedish central government payments surplus in April jumped more than twofold.
- Arthi Gupta
- 08 May, 2012
- New York City
The European indexes slumped as the Greek political deadlock continued. Greece sold
- Nigel Thomas
- 09 May, 2012
- New York City
Stocks in Tokyo traded lower and the Nikkei index fell 1.5% to a new 3-monthl low. In the last ten week the index has dropped 12%. Toyota guided sharply higher operating profit after the close and NTT Data reported lower than expected annual operating income.
- Marcus Jacob
- 09 May, 2012
- New York City
Australian indexes erased three weeks of gains in the last four sessions as Greece and the euro zone regained investors focus. David Jones announced a restructuring charge and Billabong appointed new chief executive. BlueScope completed the repurchase of $300 million private placement notes.
- Bikram Pandey
- 08 May, 2012
- New York City
World markets accelerated the decline after Greek political wrangling reignited fears in the euro zone and the euro edged lower for the seventh day in a row. Indexes in New York and in Europe fell and the Greek benchmark dropped to two decade low.