- Arthi Gupta
- 29 Sep, 2011
- New York City
The UK indexes traded sideways despite positive developments in Europe. The UK mortgage approvals rose more than estimated and money supply growth slowed in August. However, home prices in the UK rose 0.1% in September.
- Bikram Pandey
- 28 Sep, 2011
- New York City
The jittery market indexes traded volatile as investors recalibrate hopes of quicker euro zone resolution. The slow moving political process is expected to lag the market expectations and indexes dropped 2% in New York. Europe lurches towards fiscal integration that may widen the rift among members.
- Bikram Pandey
- 06 Oct, 2011
- New York City
The 3-day rally in the U.S. stocks lifted the S&P 500 index 7% and small cap focused Russell 2000 index 11%. The dollar hovered near the recent highs and oil extended gains in the second day to 9%. European markets added 3%.
- Marcus Jacob
- 07 Oct, 2011
- New York City
Australian benchmark index gained for the third day in a row and closed up 3.9% in the week. Resources linked stocks led the gainers after commodities rebounded in Asian trading. National Leisure & Gaming ltd, the operator of 35 pubs entered into voluntary administration.
- Arthi Gupta
- 28 Sep, 2011
- New York City
The UK indexes fluctuated after home prices in England and Wales and Irish retail sales dropped in August. The UK corporate credit availability remained unchanged in the third quarter. LCH.Clearnet entered into exclusive talks with LSE.
- Mukesh Buch
- 28 Sep, 2011
- New York City
Actuant fourth quarter net earnings swung to $41.4 million. Accenture fourth quarter net income rose 9% to $611.9 million. Darden first quarter net earnings fell to $106.6 million. Family Dollar fourth quarter net income rose 8% to $79.8 mn. Paychex first quarter net income rose 13% to $148.9 mn.
- Arthi Gupta
- 28 Sep, 2011
- New York City
U.S. indexes gained after durable goods orders unexpectedly fell 0.1% in August. Investors are focused on developments in Europe. The European Parliament voted to adopt the proposals on economic governance to protect the region from future economic crises.
- Arthi Gupta
- 28 Sep, 2011
- New York City
French economy stagnated in the second quarter. Germany import price annual inflation eased in August. Hungary''s unemployment rate remained unchanged during June to August. Sweden economic confidence index and Italian manufacturing confidence fell in September.
- Nigel Thomas
- 28 Sep, 2011
- New York City
Stocks in Japan barely budged in cautious trading. Resources linked stocks and banks edged higher on the hopes of a resolution to the Greek crisis. Germany offered vocal support to Greece.
- Arthi Gupta
- 28 Sep, 2011
- New York City
The European indexes traded sideways after dissent among euro area nations regarding the rescue package for Greece. European Commission proposed a financial transaction tax. The French economy stagnated in the second quarter. AXA confirmed options for private equity arm.
- Marcus Jacob
- 28 Sep, 2011
- New York City
Australian stocks rebounded at the opening but pared gains in the afternoon. Nufarm reported a higher net loss but also said net profit before charges rose 68%. Australia approved the purchase of Foster
- Bikram Pandey
- 27 Sep, 2011
- New York City
U.S. and world markets rebounded on the hopes of a stronger policy response in the euro zone. The U.S. indexes trimmed earlier gains of 3% and copper, gold and oil surged. European indexes closed up 5% and Greece approved controversial property tax.
- Nichole Harper
- 27 Sep, 2011
- New York City
European markets soared on the hopes that the Greek crisis may be contained. The market indexes in Germany, France and Milan soared more than 5%. Italy completed the sale of
- Devan Biswas
- 27 Sep, 2011
- New York City
U.S. stocks extended rally for the second day in a row and copper rebounded from a seven day decline. The euro advanced 0.5% after European leaders appear to agree on leveraging the rescue fund and Greece is set to approve more austerity measures.
- Mukesh Buch
- 27 Sep, 2011
- New York City
American Greetings second quarter net income soared to $14.5 million. Ferrellgas reported first quarter net loss widened to $40.5 million. OneOk estimated fiscal 2012 net income to increased 20%. Walgreen fourth quarter net income more than doubled to $792 million.