- Arthi Gupta
- 27 Jan, 2012
- New York City
Euro area money supply growth slowed, German import price inflation eased, and Swedish retail sales rose in December. Spanish jobless rate rose to 22.9% in the fourth quarter. Swiss leading index fell in January.
- Devan Biswas
- 26 Jan, 2012
- New York City
U.S. stocks declined after new home sales fell unexpectedly in December and dropped 6.2% to a record low in 2011. However, durable goods orders and weekly jobless claims rose. AT&T sold 9.4 million smartphones in the quarter and took $4 billion charge for a failed takeover bid.
- Devan Biswas
- 26 Jan, 2012
- New York City
Netflix soared after it stemmed subscriber loss and will delay more expansion. SanDisk Corp dropped 10% after it estimated lower than expected sales in the current year. Arctic Cat gained on stronger sales. AT&T swung to a loss on one-time charge linked to its failed T-Mobile USA takeover bid.
- Arthi Gupta
- 26 Jan, 2012
- New York City
The UK indexes advanced and retail sales fell sharply in January. Irish wholesale inflation increased in December and Anglo American reported fourth quarter iron ore output rose.
- Arthi Gupta
- 26 Jan, 2012
- New York City
The U.S. indexes edged higher after weekly jobless claims and durable goods orders rose, new home sales declined and leading economic index improved. Amgen agreed to acquire Micromet for $1.16 billion.
- Nigel Thomas
- 26 Jan, 2012
- New York City
Stocks in Japan traded lower as commodities gained in Asian markets trading. Tepco surged on the expectations that the company will accept 1 trillion yen bailout in exchange of two thirds stake. Fanuc said nine-month earnings increased 22% and sales rose 23%.
- Bikram Pandey
- 25 Jan, 2012
- New York City
The U.S. indexes traded higher after the Fed extended near zero interest rate policy to late 2014 and estimated subdued inflation for two more years. The rate setting committee members also estimated unemployment to decline slowly.
- Nigel Thomas
- 25 Jan, 2012
- New York City
Stocks in Tokyo trading extended gains for the seventh day in a row as resources and merchant fleet operators led the gainers. Japan reported its first trade deficit as imports surge and exports struggle after natural disasters.
- Mukesh Buch
- 25 Jan, 2012
- New York City
Apple first quarter net more than doubled to $13.1 billion and Abbott Labs net increased 12.3% to $1.6 billion. ConocoPhillips fourth quarter net increased to $3.4 billion. Boeing fourth quarter net increased 20% to $1.39 billion and WellPoint fourth quarter net declined 39% to $335.3 million.
- Arthi Gupta
- 25 Jan, 2012
- New York City
The UK indexes edged lower after the economy contracted in the fourth quarter, services index increased more than anticipated in November and mortgage approvals rose in December. HSBC agreed to sell its retail banking and wealth management business in Thailand.
- Arthi Gupta
- 25 Jan, 2012
- New York City
The U.S. indexes fell after Boeing issues cautious outlook and tech stocks gained after Apple Inc reported a surge in earnings. U.S. mortgage applications slid last week. Motorola Solutions quarterly net slips and Abbott Labs quarterly sales miss estimates.
- Marcus Jacob
- 25 Jan, 2012
- New York City
Australian stocks gained after inflation in the December quarter was flat and trailed expectations. For the year 2011, inflation increased 3.1%. Rio Tinto confirmed its majority stake in the Canada based Ivanhoe Mines that is active in Mongolia.
- Arthi Gupta
- 25 Jan, 2012
- New York City
German confidence rose for the third month in a row in January and Spanish producer price index slowed in December. Retail sales in Hungary improved but in Italy fell in November.
- Arthi Gupta
- 25 Jan, 2012
- New York City
European markets declined after mixed corporate earnings as Germany sold 30-year bonds amidst strong demand. UniCredit planned to raise up to