- Nigel Thomas
- 24 Aug, 2011
- New York City
Stocks in Japan turned lower as the yen traded near record high and the government announced new measures to support exports. Investors ignored a rating downgrade of the Japanese government debt by one notch. The ruling party is expected to select a new prime minister at the end of this month.
- Mukesh Buch
- 24 Aug, 2011
- New York City
American Eagle said second quarter net income soared 104% to $19.6 million. Avago third quarter net income increased to $144 million. CVS Caremark new share repurchase program for $4 billion. Toll Brothers third quarter net income increased to $42.1 million.
- Marcus Jacob
- 24 Aug, 2011
- New York City
Stocks in Australia edged lower as metals and oil prices hovered near recent highs. BHP Billiton reported fiscal year revenues increased 36% and net soared 86% on a strong demand from Asian economies. Pacific Brands issued a cautious outlook. Qantas annual earnings were ahead of expectations.
- 123jump.com Staff
- 21 Aug, 2011
- New York City
The computer networking gear maker quarterly net sales rose 3.3% to $11.2 billion. Net income in the quarter slumped 36% to $1.2 billion on hefty restructuring charges. Earnings per share fell to 22 cents compared to 33 cents per share for the year-ago quarter.
- Arthi Gupta
- 24 Aug, 2011
- New York City
The UK indexes gained after mixed global economic data. Glencore offered A$0.87 a share in cash for remaining stake in Australia-based Minara Resources. BHP fiscal year net surged to record high on the revenues gain of 36% and a strong demand from China.
- Arthi Gupta
- 24 Aug, 2011
- New York City
U.S. indexes rose after durable goods orders improved more than anticipated in July but mortgage activity dropped 2.4%. Par Pharmaceutical agreed to acquire Anchen Pharmaceuticals for $410 million. American Eagle and Toll Brothers quarterly net soared.
- Arthi Gupta
- 24 Aug, 2011
- New York City
Euro-zone new industrial orders slumped, Hungarian retail sales fell, and Norway
- Arthi Gupta
- 24 Aug, 2011
- New York City
European indexes traded higher and German business sentiment deteriorated in August. Denmark unveiled $2.1 billion stimulus package. Glencore bid for remaining stake in Australia-based Minara Resources. Accor swung to first-half profit.
- Bikram Pandey
- 23 Aug, 2011
- New York City
U.S. stocks closed higher and indexes in Asia and Europe gained. U.S. Treasury completed the sale of $25 billion of 2-year bills at record low rates and its first auction after the rating downgrade. Two private surveys indicated slowing and sluggish manufacturing growth in China and Germany.
- Nigel Thomas
- 23 Aug, 2011
- New York City
Stocks in Japan and Asia gained after three days of decline. The yen declined from its record high but hovered near the highs. Nintendo soared on the speculation of a new product release.
- Mukesh Buch
- 23 Aug, 2011
- New York City
H. J. Heinz first quarter net income fell 6% to $226.1 million. Medtronic first quarter net income fell 1% to $821 million. Universal Display licensed its technology and agreed to sell its proprietary materials to Samsung. Williams-Sonoma second quarter net earnings rose 27.8% to $39.31 million.
- Arthi Gupta
- 23 Aug, 2011
- New York City
The UK indexes edged higher after manufacturing orders rose in August and mortgage approvals increased in July. Antofagasta first-half profit soared on higher commodity prices and strong growth in copper and gold output.
- Arthi Gupta
- 23 Aug, 2011
- New York City
U.S. indexes gained after Chinese manufacturing activity rose. European markets gained and Asian markets soared. Boeing secured
- Marcus Jacob
- 23 Aug, 2011
- New York City
The Australian benchmark index gained more than 2% and the dollar increased to $1.047. Foster
- Arthi Gupta
- 23 Aug, 2011
- New York City
Euro area private sector activity growth remained moderate in August. German economic sentiment worsened in August but leading economic index increased in June. Norway gross domestic product expanded and Swedish employment rose in the second quarter.