- Marcus Jacob
- 24 Nov, 2011
- New York City
Australian stocks drifted lower and commodities prices struggled in Asian trading. Banks led the weak sectors as debt contagion in the euro zone overwhelmed German government bond auction. David Jones said quarterly sales dropped 11.2% and reaffirmed the weak profit outlook.
- Arthi Gupta
- 24 Nov, 2011
- New York City
The UK indexes rose after the third quarter economic growth estimate was held at 0.5% but business investment declined. The UK services index rose in September and Ireland said annualized wholesale prices increased in October.
- Arthi Gupta
- 24 Nov, 2011
- New York City
The German economy expanded 0.5% in the third quarter and business confidence improved unexpectedly in November. Spanish home loans approvals fell in September. Hungarian retail sales eased in September.
- Arthi Gupta
- 24 Nov, 2011
- New York City
European indexes gained after German business confidence unexpectedly improved in November. Greek opposition leader signed a conditional pledge backing austerity measures. Portuguese workers strike paralyzed nation.
- 123jump.com Staff
- 24 Nov, 2011
- New York City
The software company said quarterly revenues rose 12% to $594 million. Net quarterly loss narrowed 8.6% to $64 million. The company lost 21 cents per share versus a loss of 22 cents per share a year-ago quarter and estimates revenues between $1 billion and $1.02 billion for the second quarter.
- Bikram Pandey
- 23 Nov, 2011
- New York City
U.S. and world markets accelerated the decline as global economic uncertainty intensifies. The failure of German bond auction at near record low rates unnerved stock markets on both sides of the Atlantic. The latest batch of the U.S. economic data also painted a mixed picture.
- Arthi Gupta
- 23 Nov, 2011
- New York City
The UK indexes dropped after mortgage approvals rose in October. The Bank of England policymakers were unanimous on maintaining the asset purchase program and leaving the key rate unchanged. Weir Group agreed to acquire an oil service company for
- Mukesh Buch
- 23 Nov, 2011
- New York City
Deere & Co. fourth quarter net soared to $669.6 million. Eaton Vance fourth quarter net decreased to $46.8 million. New Jersey Resources fourth quarter net loss swung to $7.51 million. Valspar reported fourth quarter net income of $295.7 million.
- Arthi Gupta
- 23 Nov, 2011
- New York City
The U.S. durable goods orders declined 0.7% in October, weekly jobless claims rose to 393,000, and mortgage demand eased. The Fed announced stress tests for banks that will cover 31 banks. Merck agreed to pay $950 million to settle claims related to Vioxx.
- Arthi Gupta
- 23 Nov, 2011
- New York City
Euro area private sector activity contracted and French business sentiment index fell in November. Industrial new orders in the euro area fell whereas Norway''''s jobless rate remained steady in September.
- Arthi Gupta
- 23 Nov, 2011
- New York City
European indexes declined and more banks in the region accesses short term loans from the ECB. Hungary increased value-added tax to 27%, the highest in the European Union. France and Belgium wrangle over the bailout of Dexia. Germany failed to sell only 60% of
- Marcus Jacob
- 23 Nov, 2011
- New York City
Australian stocks were under pressure after economic data from China, U.S. and Europe indicated a slow down. Australian construction work surged 12.5% in the quarter to September as miners accelerate capital spending. Virgin Blue said quarterly net rose.
- Mukesh Buch
- 22 Nov, 2011
- New York City
Analog Devices fourth quarter net declined to $183.5 million. Campbell first quarter net decreased to $265 million. Collective Brands third quarter net loss swung to $114.3 million. Hewlett-Packard fourth quarter net declined 91% to $0.24 billion. Medtronic second quarter net soared to $871 million.
- Bikram Pandey
- 22 Nov, 2011
- New York City
Stocks turned lower in light trading in New York after the estimate of economic growth in the third quarter was lowered to 2% from 2.5%. The benchmark indexes in New York trended lower for the fifth day in a row. The IMF relaxed access to capital to member nations struggling in the euro zone.
- Nigel Thomas
- 22 Nov, 2011
- New York City
The benchmark index Nikkei in Tokyo trading declined to the lowest level since March 2009 as the high yen and persistent debt worries in the euro zone and the U.S. dented hopes of higher exports. Osaka Securities agreed to merge with the Tokyo Stock Exchange.