- Arthi Gupta
- 24 Jan, 2012
- New York City
The U.S. indexes declined as the deadlock between Greece and its bondholders continues. SPX agreed to sell its Service Solutions business to Robert Bosch for $1.15 billion. The ILO warned of bleak global unemployment outlook.
- Arthi Gupta
- 24 Jan, 2012
- New York City
European markets edged lower after weaker than anticipated corporate earnings. Spain sold
- Arthi Gupta
- 24 Jan, 2012
- New York City
Activity in the euro area private sector increased in January with growth in Germany and France. Euro area industrial orders fell, German leading index slid and Spanish mortgage lending declined in November. Finnish jobless rate dropped in December.
- Bikram Pandey
- 23 Jan, 2012
- New York City
U.S. stocks trade flat as the European leaders discuss the plans to merge two ad hoc rescue funds and finalize the plan to make it a permanent fund with
- Arthi Gupta
- 23 Jan, 2012
- New York City
The UK indexes traded higher and mortgage lending declined in the UK in December and the household finance index rose in January. UK dividends surged to a record
- Nigel Thomas
- 23 Jan, 2012
- New York City
Stocks in Japan traded flat and construction companies were in focus for the second day in a row. Olympus gained 8% after Tokyo Stock Exchange approved its listing with a management review. Sony gained on the hopes of it taking a stake in Olympus.
- Arthi Gupta
- 23 Jan, 2012
- New York City
The U.S. indexes gained and Apache agreed to acquire Cordillera Energy for $2.85 billion. Research in Motion shuffled top management and replaced its chief executives. The IMF chief urged euro zone finance ministers to expedite setting up the rescue fund.
- Marcus Jacob
- 23 Jan, 2012
- New York City
Australian stocks traded lower after wholesale inflation increased 0.3% in the December quarter. Lynas Corp was halted ahead of a financing deal that will avert cash crisis at the company. BHP won a regulatory approval to expand its port facility in the Pilbara region.
- Arthi Gupta
- 23 Jan, 2012
- New York City
European markets edged higher ahead of a meeting of European Union finance ministers in Brussels today. Germany sold
- Arthi Gupta
- 23 Jan, 2012
- New York City
French business sentiment weakened in January. German economic growth at a standstill and Spanish economy contracted in the fourth quarter. Swiss money supply growth increased in December.
- Bikram Pandey
- 20 Jan, 2012
- New York City
Stocks in New York traded sideways after a mixed bag of earnings. Technology companies were in focus after Intel, Microsoft and Google reported earnings. Intel forecasted stronger revenues in the current quarter and Google missed its revenues and earnings outlook.
- Arthi Gupta
- 20 Jan, 2012
- New York City
The UK indexes fluctuated after retail sales volume rebounded in December. Irish economy is estimate to weaken this year. Vodafone won its tax case against Indian government for the purchase of a stake in the local telecom carrier.
- Devan Biswas
- 20 Jan, 2012
- New York City
General Electric said quarterly revenues decreased 8% and quarterly earnings dropped 18%. Google Inc plunged 8% after it missed earnings outlook. IBM gained 4% after it reported net income increase of 4%.
- Arthi Gupta
- 20 Jan, 2012
- New York City
The U.S. indexes traded sideways ahead of the outcome of stalled talks between Greece and its international lenders. Investors were cautious in early trading despite positive earnings from tech companies. Intel quarterly net rose 4.6% and Google net rose 7% but fell short of expectations.
- Nigel Thomas
- 20 Jan, 2012
- New York City
Financials and real estate developers led the market advance as investors rotated sectors on rising trading volume. Exporters and electronics maker rose after positive earnings and economic data in the U.S.