- Nichole Harper
- 04 Mar, 2013
- New York City
Stocks in New York rebounded after market indexes dropped as much as 0.4%. On Wall Street stocks extended world market losses after China issued tighter lending guidelines to curb rising property prices.
- Hiruki Nakamura
- 04 Mar, 2013
- New York City
Stocks in Tokyo traded higher after the Bank of Japan chief nominee said he favors forceful monetary steps and he is prepared to accelerate asset purchase program as early as this year.Futures trade was suspended in the afternoon on technical problems.
- Mukesh Buch
- 04 Mar, 2013
- New York City
Schulman offered to buy Ferro valued $855 million. Arena fourth quarter net loss narrowed and Boyd Gaming net loss widened. Hess plans to sell its retail and refining and processing businesses. Tech Data fourth quarter net climbed 52%.
- Nigel Thomas
- 04 Mar, 2013
- New York City
Amlin fiscal net swung to
- Marcus Jacob
- 04 Mar, 2013
- New York City
Australian stocks declined sharply after building permits declined for the second month in a row and China said it plans to tighten lending to curb property speculation. Dollar and commodities linked companies dropped.
- Mukesh Buch
- 04 Mar, 2013
- New York City
Ashok Leyland, Bajaj Auto and Tata Motors February vehicles sales declined. Bharti Airtel billion dollar bond fully subscribed. Goodyear fourth quarter net declined 21%. Hero MotoCorp February sales slipped 4.2%.
- Nichole Harper
- 01 Mar, 2013
- New York City
U.S. stocks traded sideways after personal income in January declined 3.6% and spending rose 0.2%. The payroll tax rate cut expiry and higher tax for wealthy had limited impact on the spending. U.S. manufacturing expanded at a faster rate in February.
- Hiruki Nakamura
- 01 Mar, 2013
- New York City
Nikkei index in Tokyo rebounded from the loss of 0.8% to close up 0.4%. Bank of Japan may announce more monetary steps at its first meeting in April after consumer prices declined for the third month in a row.
- Mukesh Buch
- 01 Mar, 2013
- New York City
Best Buy fourth quarter net loss narrowed and Domino
- Marcus Jacob
- 01 Mar, 2013
- New York City
Australian stocks and dollar declined as investors worried about the global market conditions after the U.S. automatic spending cuts kick in on Friday midnight.
- Mukesh Buch
- 01 Mar, 2013
- New York City
Apax sold in two days 7.5% stake in Apollo Hospital. Clariant fourth quarter net declined 23% and MphasiS net rose 1.2%. M&M auto sales jumped 11% and Maruti Suzuki sales fell 7.9% in February. Shri Lakshmi Cotsyn net swung to loss and Value net loss widened.
- Nigel Thomas
- 01 Mar, 2013
- New York City
Belgacom fiscal net declined 6% and Lloyds net loss for the year narrowed. Thales net for the year jumped 5% and William Hill profit surged 58% and agreed to pay
- Nichole Harper
- 28 Feb, 2013
- New York City
Stocks in early trading searched for direction after economic growth was revised to 0.1% increase. Consumer spending increased as 2.1% annual rate and residential construction growth was revised to 17.5%. Weekly jobless claims declined. Lawmakers struggle to avoid $85 billion cuts in spending.
- Hiruki Nakamura
- 28 Feb, 2013
- New York City
Stocks in Japan closed higher after global market worries eased. The yen held above 92 ahead of central bank chief appointment tomorrow. Industrial production increased 1% in January from December.
- Mukesh Buch
- 28 Feb, 2013
- New York City
Ansys fourth quarter net soared 18% and Chico