- Arthi Gupta
- 22 Nov, 2011
- New York City
The UK indexes traded sideways and the public sector net borrowing narrowed in October. The government imposed financial restrictions on Iranian banks. Thomas Cook plunged 72% after it sought access to more cash in lean times.
- Marcus Jacob
- 22 Nov, 2011
- New York City
Australian stocks extended losses for the third day in a row. The benchmark index fell as banks, resource stocks and steelmaker led the decliners. Thorn Group, the retail chains operator said first half net soared 30%.
- Arthi Gupta
- 22 Nov, 2011
- New York City
U.S. stock futures and global indexes gained after ratings agencies left the U.S. debt rating unrevised. World Bank increased its 2011 growth forecast for China. Pfizer agreed to acquire Excaliard and Medtronic quarterly net surged 54%.
- Arthi Gupta
- 22 Nov, 2011
- New York City
German leading index fell in September. The unemployment rate of Sweden and Finland decreased in October and Norway''s gross domestic product expanded in the third quarter. Denmark''s consumer confidence deteriorated in November.
- Arthi Gupta
- 22 Nov, 2011
- New York City
European indexes traded higher after Spain completed its first debt auction at a higher yield and rating agencies left U.S. debt rating unrevised. The Spanish Treasury sold
- Bikram Pandey
- 21 Nov, 2011
- New York City
Global investors sold stocks as economic worries gathered momentum. European bonds yields continued to rise and banks led the decliners after Moody
- Mukesh Buch
- 21 Nov, 2011
- New York City
Alleghany agreed to acquire Transatlantic Holdings in cash for $3.4 billion and Gilead Sciences agreed to acquire Pharmasset Inc. for $137 a share in cash or $11 billion. Tech Data third quarter net income increased 6% to $53.5 million.
- Arthi Gupta
- 21 Nov, 2011
- New York City
The UK indexes fell on the global economic outlook. The UK home prices declined in November and Ireland''s residential property price index fell in October. Centrica inked 10 year gas supply deal with Norway based Statoil ASA.
- Nigel Thomas
- 21 Nov, 2011
- New York City
Stocks in Japan fell as exports in October declined and the nation swung to a deficit in the month. Bank of Japan said it purchase more stock index linked ETFs and REITs that will support equities prices. Shipping companies dropped to a new 10-year low and auto makers stocks dig deeper into losses.
- Arthi Gupta
- 21 Nov, 2011
- New York City
U.S. debt panel is expected to not agree on deficit reduction plan as lawmakers prefer to wait till elections next year. Chevron accepted responsibility for oil spill in Brazil. Gilead agreed to acquire Pharmasset for $11 billion and Transatlantic to merge with Alleghany in $3.4 billion deal.
- Marcus Jacob
- 21 Nov, 2011
- New York City
Australian stocks edged lower after international markets declined. Japan reported declining exports to Japan and China. Qantas and unions fail to agree ahead of today
- Arthi Gupta
- 21 Nov, 2011
- New York City
Euro area current account balance swung to a surplus of
- Arthi Gupta
- 21 Nov, 2011
- New York City
European indexes slumped more than 2% as bond yield continue to rise. Spain
- Bikram Pandey
- 18 Nov, 2011
- New York City
The S&P 500 and Nasdaq indexes dropped 4% in the week. Global markets in the week lost as much as 5% in Europe and 3% in Asia. European leaders debate nearly two years after the crisis first erupted and the role of the European Central Bank and if it can lend directly to nations.
- Nigel Thomas
- 18 Nov, 2011
- New York City
Stocks in Tokyo edged lower as investors as export led companies battle record strong yen, weak outlook in the euro zone and supply disruption linked to Thailand floods. Tokio Marine estimated flood related costs of $1.3 billion and Mitsui estimated $1.7 billion.