- Bikram Pandey
- 20 Jan, 2012
- New York City
Stocks in New York traded sideways after a mixed bag of earnings. Technology companies were in focus after Intel, Microsoft and Google reported earnings. Intel forecasted stronger revenues in the current quarter and Google missed its revenues and earnings outlook.
- Arthi Gupta
- 20 Jan, 2012
- New York City
The UK indexes fluctuated after retail sales volume rebounded in December. Irish economy is estimate to weaken this year. Vodafone won its tax case against Indian government for the purchase of a stake in the local telecom carrier.
- Devan Biswas
- 20 Jan, 2012
- New York City
General Electric said quarterly revenues decreased 8% and quarterly earnings dropped 18%. Google Inc plunged 8% after it missed earnings outlook. IBM gained 4% after it reported net income increase of 4%.
- Arthi Gupta
- 20 Jan, 2012
- New York City
The U.S. indexes traded sideways ahead of the outcome of stalled talks between Greece and its international lenders. Investors were cautious in early trading despite positive earnings from tech companies. Intel quarterly net rose 4.6% and Google net rose 7% but fell short of expectations.
- Nigel Thomas
- 20 Jan, 2012
- New York City
Financials and real estate developers led the market advance as investors rotated sectors on rising trading volume. Exporters and electronics maker rose after positive earnings and economic data in the U.S.
- Arthi Gupta
- 20 Jan, 2012
- New York City
German annual producer price inflation accelerated in December. French leading economic index declined and consumer spending in the Netherlands eased in November.
- Marcus Jacob
- 20 Jan, 2012
- New York City
Australian stocks traded higher and the benchmark index gained 1% in the week and closed up 4.5% in the year. Australian terms of trade declined from seven decade peak in the fourth quarter after a fall in prices of iron ore, cotton and cereals. Retailers suffered strong decline in sales in 2011.
- Arthi Gupta
- 20 Jan, 2012
- New York City
European markets struggled as investors focused on the difficult negotiations between Greece and international lenders. Hong Kong-based Cathay Pacific agreed to buy six Airbus aircraft for $1.628 billion. ThyssenKrupp said first quarter operating earnings are expected to be lower.
- Bikram Pandey
- 19 Jan, 2012
- New York City
U.S. stocks and indexes gained after eBay, Morgan Stanley, Union Pacific and Bank of America report earnings. Bank of America swung to profit on asset sale and the bank is expected to eliminate 30,000 staff at the end of its restructuring.
- Mukesh Buch
- 19 Jan, 2012
- New York City
Bank of America fourth quarter net swung to $2 billion and Morgan Stanley reported fourth quarter net loss of $275 million. eBay fourth quarter net surged 254% to $1.98 billion. Union Pacific fourth quarter net soared 24% to $964 million.
- Nigel Thomas
- 19 Jan, 2012
- New York City
Stocks in Tokyo traded gained on the strength in construction and resources sectors but traders were cautious ahead of bond offerings in the euro zone and talks between Greece and its lenders. Semiconductor equipment makers and exporters closed higher.
- Arthi Gupta
- 19 Jan, 2012
- New York City
The UK indexes climbed ahead of earnings in financial sector and consumer confidence fell and Irish inflation eased in December. The UK auto production rose 5.8% in 2011. Lloyds is expected to cut 700 jobs in the UK.
- Arthi Gupta
- 19 Jan, 2012
- New York City
The U.S. indexes traded higher on upbeat economic data but housing starts fell to annual rate of 657,000 and consumer prices remained unchanged in December. Weekly jobless claims fell to 352,000. Morgan Stanley swung to loss.
- Arthi Gupta
- 19 Jan, 2012
- New York City
Euro area deficit narrowed in November and the German economy estimated to expand 1% in 2012. Dutch confidence remained flat in January and Norwegian banks tightened credit standards for businesses and consumers in the fourth quarter of 2011.
- Arthi Gupta
- 19 Jan, 2012
- New York City
European markets rose after yields fell at a French bond auction and Spain raised