- Marcus Jacob
- 13 Sep, 2011
- New York City
The benchmark index in Australia rebounded nearly 0.9% a day after it plunged more than 3.5%. The latest survey from a private bank showed manufacturing is conditions that are similar to a recession.
- Arthi Gupta
- 13 Sep, 2011
- New York City
The European indexes extended losses as French banks base difficulty in rolling over loans in the U.S. Italy held talks with Chinese officials for possible bank stake sale. The Italian Treasury sold
- Bikram Pandey
- 12 Sep, 2011
- New York City
The U.S. indexes opened lower on the new worries of the euro zone debt and tight linkages between banks across the Atlantic. French banks plunged on the Greek default worries and European markets extended losses of more than 2% for the second day. Oil rebounded 1% and gold dropped 2%.
- Mukesh Buch
- 12 Sep, 2011
- New York City
Brady fourth quarter net income soared 37% to $29.6 million. Broadcom agreed to acquire NetLogic for $3.7 billion in cash and Colfax agreed to buy Charter International Plc. for $2.4 billion. McGraw-Hill split up into two public companies. W.W. Grainger August sales grew 10%.
- Arthi Gupta
- 12 Sep, 2011
- New York City
The UK indexes declined on global economic woes. The Independent Commission on Banking proposed reforms to create a more stable and competitive UK banking system. Colfax offered to acquire Ireland-based Charter International for
- Arthi Gupta
- 12 Sep, 2011
- New York City
U.S. indexes traded lower on euro area debt concerns. Broadcom agreed to acquire NetLogic for $3.7 billion. Colfax offered $2.4 billion for Charter International. OPEC lowered oil demand growth for 2011 on weak global economic outlook.
- Marcus Jacob
- 12 Sep, 2011
- New York City
The Australian benchmark index declined 3.7% on the global worries. The market overlooked sharp increase in China
- Arthi Gupta
- 12 Sep, 2011
- New York City
The OECD Index of leading indicators fell, Greek import price index rose and Italy
- Arthi Gupta
- 12 Sep, 2011
- New York City
The European indexes plunged after reports on the rising worries of the capital adequacy at French banks. Italy sold
- Bikram Pandey
- 09 Sep, 2011
- New York City
World markets dropped sharply and the euro dropped to a record low against the yen and fell to a 6-month low against the dollar. U.S. and European indexes declined 3% and 2-year bond yields on Greek debt soared to 60%.
- Arjun Dave
- 09 Sep, 2011
- New York City
The U.S. and European indexes dropped more than 3%. President Obama proposed $447 billion jobs stimulus package that was quickly opposed by the Republican lawmakers. German bonds yields dropped to record low since 1999.
- Mukesh Buch
- 09 Sep, 2011
- New York City
ABM Industries third quarter net income soared 33% to $27.9 million. Caliper Life Sciences said PerkinElmer agreed to acquire for $600 million in cash. Kroger second quarter net earnings rose 1.3% to $280.8 million. Texas Instruments reported third-quarter revenue may fall.
- Devan Biswas
- 09 Sep, 2011
- New York City
European markets plunged more than 3% and banks dropped between 5% and 10%. The yields on German and Dutch bonds dropped to record low since the creation of the euro. Nestle in talks to buy Russia based baby food maker. Volkswagen delayed its purchase of Porsche SE.
- Nigel Thomas
- 09 Sep, 2011
- New York City
Stocks in Japan declined after GDP shrinkage estimate was revised to 2.1% from the previous read of 1.2% decline. The Nikkei index declined 0.6% and for the week lost 2.4%. Fanuc and other machinery makers declined on the weak GDP data. Fast Retailing gained 1.8% on positive comments.
- Marcus Jacob
- 09 Sep, 2011
- New York City
Stocks in Australia edged higher and the benchmark index in the week fell 1.1%. Resources linked companies closed up after the U.S. President Obama proposed $447 billion stimulus plan to create more jobs and improve infrastructure.