- Arthi Gupta
- 14 Nov, 2011
- New York City
U.S. stock were mixed after Italy appointed technocrat as prime minister and bond yields in the euro zone rose. Boeing signed the largest aircraft deal of $18 billion with Emirates Air. Bank of America agreed to sell its stake in China based bank and increased customer services fees.
- Marcus Jacob
- 14 Nov, 2011
- New York City
Australian stocks gained and lending in September declined 6.2% in September. News Ltd said its inquiry did not find any privacy law violations and systemic hacking as it was discovered in its UK operation after denying for 3 years. BHP Billiton plans to spend $4.5 billion in more U.S. acquisitions.
- Arthi Gupta
- 14 Nov, 2011
- New York City
The OECD leading index declined, industrial production in the euro area eased, but German factory employment rose in September. Estonian jobless rate fell and Portugal
- Arjun Dave
- 12 Nov, 2011
- New York City
Prime Minister Berlusconi resigned fulfilling his pledge after lawmakers approved the reforms demanded by the EU. However, Italy runs the real risk of leaving from the euro zone in the next eighteen months or restructuring bonds as calls for more cuts grow louder and rates stay higher.
- Arthi Gupta
- 14 Nov, 2011
- New York City
European indexes traded lower after Italy sold
- Bikram Pandey
- 11 Nov, 2011
- New York City
U.S. stocks closed higher and wiped out the losses of the week when volatility drove the sentiment. S&P 500 index closed up 0.9% for the week after European leaders offered decisive steps to implement austerity measures.
- Nichole Harper
- 11 Nov, 2011
- New York City
U.S. Stocks soared more than 2% following the improved political climate in Europe. The appointment of new and technocratic government in Greece and the passage of austerity measures in Italy, indexes soared on both sides of the Atlantic. Oil, copper, gold and silver surged at least 1%.
- Devan Biswas
- 11 Nov, 2011
- New York City
European markets advanced after Italy
- Mukesh Buch
- 11 Nov, 2011
- New York City
Brookfield third quarter net surged to $716 million. Dillard''s third quarter net increased 1.9% to $26.6 million. Nordstrom third quarter net increased 7.2% to $127 million. Walt Disney fourth quarter net surged 30% to $1.09 billion.
- Marcus Jacob
- 11 Nov, 2011
- New York City
Stocks in Japan rebounded in a cautious trading. For the week the benchmark index declined 3.3%. Daio Paper declined after it said it will miss earnings deadline and may face delisting. Olympus dropped 5% and will delay its earnings. NOK Corp, the rubber products maker lowered its full year outlook.
- Marcus Jacob
- 11 Nov, 2011
- New York City
Australian stocks edged up and closed nearly unchanged after a volatile week. Leighton Holdings vowed to keep costs under control and reaffirmed its annual earnings outlook. Fairfax Media dropped after founder sold his entire stake.
- Bikram Pandey
- 10 Nov, 2011
- New York City
U.S. stocks traded higher a day after the indexes plunged 3.7%. Earnings and narrower trade deficit played a role in improving the sentiment. Worries for the euro zone eased after Italy successfully sold bonds but at a higher rate. U.S. trade deficit declined and China''''s export growth slowed.
- Nichole Harper
- 10 Nov, 2011
- New York City
U.S. stocks gained on positive earnings and a sustained rise in Chinese trade. Market sentiment was bolstered at the opening after Italy completed the sale of
- Mukesh Buch
- 10 Nov, 2011
- New York City
99Cents second quarter net increased to $15.1 million. Cisco first quarter net fell 7.9% to $1.8 billion. Kohl
- Devan Biswas
- 10 Nov, 2011
- New York City
European markets stabilized after Italy successfully completed the sale of 1-year note but at nearly twice the rate only five weeks ago. Market indexes across the region were generally higher. Greek Prime Minister designate Lucas Papademos reaffirmed the commitment to euro.