- Marcus Jacob
- 26 Oct, 2011
- New York City
Australian stocks gained a fraction after inflation in the September quarter edged lower on weaker food, beverage, drugs and electronics prices. The dollar fell on the hopes of a rate cut at the next meeting in December.
- Bikram Pandey
- 25 Oct, 2011
- New York City
U.S. indexes pulled back 2% after investors turned cautious on weak confidence data and earnings outlook. Netflix, Inc stocks plunged 35% after customers defect. European leaders postponed a meeting of finance minister as leaders struggle to finalize Greek bonds loss. India lifts rates by 0.25%.
- Arthi Gupta
- 25 Oct, 2011
- New York City
The UK indexes dropped after European finance ministers postponed their meeting. The UK current account deficit narrowed in the second quarter and mortgage approvals dropped unexpectedly in September. U.S.-based Hain Celestial agreed to acquire Daniels Group for $230 million.
- Nigel Thomas
- 25 Oct, 2011
- New York City
Stocks in Japan declined and Canon lowered its fiscal year operating earnings outlook on Thai floods. Flood waters are expected to hit Bangkok tomorrow and domestic airport cancelled all flights and death toll was revised higher.
- Arthi Gupta
- 25 Oct, 2011
- New York City
U.S. indexes edged lower after disappointing earnings and economic data. U.S. home prices rose in August and consumer confidence deteriorated in October. Ecolab net declined 11.4%.
- Arthi Gupta
- 25 Oct, 2011
- New York City
Germany''s consumer confidence is set to rise in November. Consumer confidence in France improved in October. Hungary''s central bank left rate unchanged at 6%. Sweden lowered budget surplus outlook for this year and next.
- Marcus Jacob
- 25 Oct, 2011
- New York City
Australian indexes declined and resource prices gained on the optimism that the European leaders will announce details of the bank recapitalization plan. Australian dollar edged higher and copper and crude oil prices gained.
- Arthi Gupta
- 25 Oct, 2011
- New York City
European indexes traded sideways ahead of the summit tomorrow. Spain issued
- Bikram Pandey
- 24 Oct, 2011
- New York City
U.S. stocks traded higher in the positive zone after two months of volatility. European leaders promise resolution to debt crisis but also conceded that help from Asia and other regions may be needed to bolster its rescue fund. The euro gained and copper and oil advanced.
- Mukesh Buch
- 24 Oct, 2011
- New York City
Caterpillar third quarter net profit surged 44% to $1.14 billion. Cigna will acquire all shares of HealthSpring for $55 per share transaction value of $3.8 billion. Eaton third quarter net income rose to $365 million. Kimberly-Clark third quarter net income slipped 7.9% to $432 million.
- Arthi Gupta
- 24 Oct, 2011
- New York City
The UK indexes traded higher after European leaders moved closer towards a resolution to the debt crisis. U.S.-based Kennedy Wilson agreed to acquire UK loan portfolio for $1.8 billion. National Grid agreed to sell Utility Metering Services to Macquarie Bank for
- Nigel Thomas
- 24 Oct, 2011
- New York City
Stocks in Japan soared after September exports rose at a faster pace than expected on a surge in auto parts shipments. In addition, Chinese manufacturing gauge expanded at a fastest pace in October since March. Tepco may be forced to sell its Uranium mining rights and Olympus dropped to a new low.
- Arthi Gupta
- 24 Oct, 2011
- New York City
U.S. indexes open higher after positive economic data in Asia and European leaders sound optimistic notes on the rescue fund and Greek bailout. Cigna agreed to acquire HealthSpring for $3.8 billion. Oracle offered $1.5 billion for RightNow and Mattel bid $680 million for HIT Entertainment.
- Marcus Jacob
- 24 Oct, 2011
- New York City
Australian stocks surged after Chinese manufacturing expanded in October and Japanese exports increased more than expected in September. Also, a progress in the euro zone negotiations also helped markets sentiment. Resources linked companies and banks led the gainers.
- Arthi Gupta
- 24 Oct, 2011
- New York City
Euro-zone industrial new orders rebounded in August but private sector activity fell in October. German leading economic index dropped in August. Manufacturing activity rose unexpectedly in France in October but Dutch producer confidence index slumped in October.