- Nigel Thomas
- 27 Oct, 2011
- New York City
The benchmark index in Japan gained 2% on the European leaders
- Marcus Jacob
- 27 Oct, 2011
- New York City
Australian stocks surged in a truncated trading session after the exchange struggled with technology. Woolworths reported first quarter sales increased 4.9% and cited continued weak environment. National Australia Bank reported higher net on lower bad debt charges.
- 123jump.com Staff
- 27 Oct, 2011
- New York City
The financial services company reported quarterly net revenues grew 4.6% to $1.79 billion. Net income in the quarter surged 149% to $649 million, driven by strong card sales volume. Earnings per share rose to $1.18 compared to 47 cents per share last year.
- 123jump.com Staff
- 27 Oct, 2011
- New York City
The logistics services company said revenue rose 11% to $10.52 billion in the quarter. Net quarterly income climbed 22% to $464 million. Earnings per share grew to $1.46 compared to $1.20 per share a year ago quarter. The company estimates fiscal year 2012 earnings of $6.25 to $6.75 per share.
- Bikram Pandey
- 26 Oct, 2011
- New York City
U.S. indexes gained more than 1% after better than expected durable goods orders and new home sales data. European leaders are still divided in how to restructure Greek debt and how to leverage the rescue fund. Italy struggles to make promises to cut its large deficit. Oil fell and metals gained.
- Devan Biswas
- 26 Oct, 2011
- New York City
U.S. stocks opened higher after adjusted durable goods orders increased in September and new home sales rose after builders lowered prices. Ford Motor earnings were lower on commodities hedge losses and Boeing third quarter net rose.
- Bikram Pandey
- 26 Oct, 2011
- New York City
European markets closed fractionally higher ahead of the details of the bank rescue plans as leaders struggle to resolve Greek bond bailout conditions and leverage rescue fund. Germany lawmakers approved the leverage of the rescue fund and Italian prime minster to offer vague promises of reforms.
- Nigel Thomas
- 26 Oct, 2011
- New York City
Stocks in Japan declined as investors focused on the domestic earnings and rising flood waters in Bangkok. European leaders later in the day are expected to announce details of the bank recap plan. Hitachi Ltd reported earnings larger five times estimated.
- Marcus Jacob
- 26 Oct, 2011
- New York City
Australian stocks gained a fraction after inflation in the September quarter edged lower on weaker food, beverage, drugs and electronics prices. The dollar fell on the hopes of a rate cut at the next meeting in December.
- Bikram Pandey
- 25 Oct, 2011
- New York City
U.S. indexes pulled back 2% after investors turned cautious on weak confidence data and earnings outlook. Netflix, Inc stocks plunged 35% after customers defect. European leaders postponed a meeting of finance minister as leaders struggle to finalize Greek bonds loss. India lifts rates by 0.25%.
- Arthi Gupta
- 25 Oct, 2011
- New York City
The UK indexes dropped after European finance ministers postponed their meeting. The UK current account deficit narrowed in the second quarter and mortgage approvals dropped unexpectedly in September. U.S.-based Hain Celestial agreed to acquire Daniels Group for $230 million.
- Nigel Thomas
- 25 Oct, 2011
- New York City
Stocks in Japan declined and Canon lowered its fiscal year operating earnings outlook on Thai floods. Flood waters are expected to hit Bangkok tomorrow and domestic airport cancelled all flights and death toll was revised higher.
- Arthi Gupta
- 25 Oct, 2011
- New York City
U.S. indexes edged lower after disappointing earnings and economic data. U.S. home prices rose in August and consumer confidence deteriorated in October. Ecolab net declined 11.4%.
- Arthi Gupta
- 25 Oct, 2011
- New York City
Germany''s consumer confidence is set to rise in November. Consumer confidence in France improved in October. Hungary''s central bank left rate unchanged at 6%. Sweden lowered budget surplus outlook for this year and next.
- Marcus Jacob
- 25 Oct, 2011
- New York City
Australian indexes declined and resource prices gained on the optimism that the European leaders will announce details of the bank recapitalization plan. Australian dollar edged higher and copper and crude oil prices gained.