- Nigel Thomas
- 02 Dec, 2011
- New York City
Stocks in Tokyo trading extended gains in the week and the Nikkei index in the week added 5.9%. Shipping companies struggled for the third week in a row. Japanese government plans fourth additional budget in the current year.
- Mukesh Buch
- 01 Dec, 2011
- New York City
Costco net sales in November rose 11% to $7.5 billion. Guess third quarter net fell 4% to $66.3 million. Gildan Activewear third quarter net increased to $56.8 million. PVH third quarter increased rose to $112.2 million. Talbots said third quarter net loss of $22.04 million.
- Mukesh Buch
- 02 Dec, 2011
- New York City
Big Lots third quarter net slipped to $4.2 million. Lululemon third quarter net increased to $38.8 million. Royal Bank of Canada fourth quarter net increased to $1.6 billion. Bank of Nova Scotia fourth quarter net increased to $1.24 billion.
- Arthi Gupta
- 02 Dec, 2011
- New York City
The UK indexes climbed more than 1% and extended nearly 9% in the last six days. The UK construction activity eased in November. SABMiller plans to acquire all of the shares in Foster''s Group.
- Arthi Gupta
- 02 Dec, 2011
- New York City
The U.S. indexes traded higher after retailers reported better than expected comparable-store sales and jobless rate dropped to 8.6% in November. Rising retail sales and auto sales were yet another confirmation that consumers are ready to spend more.
- Marcus Jacob
- 02 Dec, 2011
- New York City
Australian stocks gained for the fifth day in a row as commodities markets trade higher. Investors ignore the latest downgrade of the four largest banks in Australia. Rio Tinto plans to spend $3.3 billion to modernize its aluminum plant in British Columbia.
- Arthi Gupta
- 02 Dec, 2011
- New York City
Producer price inflation in the euro area eased and retail sales in Switzerland remained unchanged in October. Spanish unemployment rose for the fourth month in a row. Hungarian trade surplus was revised lower in September.
- Arthi Gupta
- 02 Dec, 2011
- New York City
European indexes soared after German Chancellor Angela Merkel urges for tighter fiscal union. The French economy is estimated to grow 1% in 2012. Spanish jobless rate continues to rise in November. RBS agreed to sell its pub business to Heineken for
- Bikram Pandey
- 01 Dec, 2011
- New York City
U.S. stocks traded sideways after a 3-day rally that lifted indexes as much as 6%. Banks declined after Massachusetts sued five U.S. banks including Citigroup, Bank of America and J.P. Morgan Chase & Co. Investors await payrolls data tomorrow.
- Arthi Gupta
- 01 Dec, 2011
- New York City
The UK indexes pared gains after successful bond offerings from France and Spain but cautious comments from the ECB President. UK and Irish manufacturing output declined in November. The Bank of England urged banks to boost their capital levels.
- Nigel Thomas
- 01 Dec, 2011
- New York City
The Nikkei index in Tokyo trading soared after Japanese central bank participated in a coordinated move with five other central banks to offer more dollar liquidity to the euro zone. Yamaha, the latest Japanese company, indicated it will resume production in a month in Thailand.
- Arthi Gupta
- 01 Dec, 2011
- New York City
The U.S. indexes slid after weekly jobless claims rose to 402,000. Spain and France completed the auctioned of
- Marcus Jacob
- 01 Dec, 2011
- New York City
Australian stocks soared following a surge in international markets after U.S. Fed coordinated dollar swap lines with five central banks and offered more dollar liquidity. Retail sales increased 0.2% in October, fourth monthly rise in a row but home building approval declined for the second month.
- Arthi Gupta
- 01 Dec, 2011
- New York City
Euro area manufacturing activity contracted in November. Germany''s exports and French jobless rate rose but Swiss gross domestic product eased in the third quarter.
- Arthi Gupta
- 01 Dec, 2011
- New York City
European indexes traded mixed after surging more than 4% yesterday. Spain and France completed the auction of