- Arthi Gupta
- 17 Jan, 2012
- New York City
European markets rose after the debt auctions from Spain, Belgium and Greece attracted stronger than anticipated interest. German confidence index showed a strong improvement. Spain raised
- Arthi Gupta
- 17 Jan, 2012
- New York City
The European rescue fund raised
- Bikram Pandey
- 16 Jan, 2012
- New York City
European indexes traded sideways and focused on the meetings of politicians in the region ahead of EU summit later in the month. The talks between Greece and lenders are expected to resume midweek. France Telecom agreed to sell its stake in Orange Austria. Carnival plunged 17%.
- Nigel Thomas
- 16 Jan, 2012
- New York City
Stocks in Tokyo retreated and the Nikkei index declined 1.4%. Machinery orders in November increased 14.8% and beat the expectations of most economists. The yen traded at an 11-year high against the euro.
- Marcus Jacob
- 16 Jan, 2012
- New York City
Stocks in Sydney declined on the rising worries in the euro zone and a growing speculation that Greece may default on its loans. Job advertisements in December declined 0.9% according to a private survey and the government is set to release monthly jobs data on Thursday.
- Bikram Pandey
- 13 Jan, 2012
- New York City
Stocks in New York retreated and the euro closed at a 16 month low on the renewed worries about the euro zone and weak earnings outlook from JP Morgan. Greece halted talks with lenders and France, Slovakia, Austria and Italy face a new round of rating downgrade.
- Mukesh Buch
- 13 Jan, 2012
- New York City
Copano announced public offering of 5 million shares and priced at $34.03. JPMorgan fourth quarter net slipped 23% to $3.73 billion and annual net increased 9%. JDA Software expected revenue for fourth quarter to $173 million. Tractor Supply fourth quarter net sales increased 20% to $1.24 billion.
- Arthi Gupta
- 13 Jan, 2012
- New York City
The UK indexes pared gains after early advances. Construction output rose but factory gate inflation eased in December. Invensys slumped 21% after weak fiscal year 2011 outlook.
- Arthi Gupta
- 13 Jan, 2012
- New York City
The U.S. indexes fell after JPMorgan reported lower than expected earnings. The U.S. trade deficit widened in November and imports prices slid in December. Italy successfully sold
- Nigel Thomas
- 13 Jan, 2012
- New York City
Stocks in Japan gained today and added for the week on the positive momentum in the international markets. Exporters and auto makers gained after the yen edged lower. Inpex Corp finalized its investment in the $34 billion natural gas plant. Dentsu estimated 8.4% increase in December revenues.
- Arthi Gupta
- 13 Jan, 2012
- New York City
Euro area trade surplus increased and Hungarian industrial production expanded an unrevised 3.5% but Spanish leading index fell in November. Swiss National Bank estimated income of Sfr13 billion for fiscal 2011. Inflation in Spain slowed in December.
- Arthi Gupta
- 13 Jan, 2012
- New York City
European markets gained after Italy sold
- Marcus Jacob
- 13 Jan, 2012
- New York City
Australian stocks advanced on the back of a rally in world markets. Miners, industrials and financials led the latest gains. For the week, the ASX 200 index increased 2.1%.
- Bikram Pandey
- 12 Jan, 2012
- New York City
U.S. stocks extended gains for the fourth time in the last five days and oil prices declined 2%. Banks were in focus ahead of earnings from JP Morgan and Wells Fargo. European markets gained on strong bond offerings from Spain and Italy. Infosys tumbled 8% after it offered muted outlook.
- Nigel Thomas
- 12 Jan, 2012
- New York City
Stocks in Japan declined and current account surplus narrowed in Japan by 86% on weak exports and lower energy demands. The Nikkei declined 0.7% ahead of the European rate decision. The yen traded near 11-year high against the euro.