- Arthi Gupta
- 02 May, 2011
- New York City
European indexes gained after manufacturing activity rebounded in April. The UK home prices declined in April. Terex Industrial Holding offered $1.3 billion for Demag Cranes. PPR agrees to acquire Volcom for $607.5 million.
- Arthi Gupta
- 04 May, 2011
- New York City
Euro-zone composite PMI rose modestly in April but retail sales fell more than estimated in March. France service sector expanded at a faster pace in April. Spain unemployment declined significantly in April. Norwegian retail sales volume dropped 5.2% rate in March.
- Arthi Gupta
- 04 May, 2011
- New York City
European indexes declined after weaker-than-estimated earnings. Portugal received EU-IMF bailout package of
- Arthi Gupta
- 04 May, 2011
- New York City
U.S. indexes fell after private sector employment rose less-than-estimated in April but mortgage applications volume increased. Applied Materials agreed to acquire Varian Semiconductor for $4.9 billion. ConAgra offered $4.9 billion to buy Ralcorp. Time Warner net declined 10%.
- Arthi Gupta
- 04 May, 2011
- New York City
The UK indexes slid after shop prices rose and construction activity slowed in April. M4 money supply dropped and mortgage approvals increased in March. Logica surged 3.7% on quarterly revenue growth.
- Mukesh Buch
- 05 May, 2011
- New York City
ACE first quarter net income declined 66% to $259 million. General Motors first quarter net income rose to $3.2 billion. Kendle International will acquire by INC Research $232 million. Siemens second quarter net income surged 89% to
- Mukesh Buch
- 04 May, 2011
- New York City
AOL first quarter net income tumbled 86% to $4.7 million. ConAgra made deal with Ralcorp to acquire for $4.9 billion. Kellogg first quarter net income slumped to $366 million. Las Vegas Sands reported first quarter net income of $228 mn. Time Warner first quarter net income declined 10% to $653 mn.
- Mukesh Buch
- 03 May, 2011
- New York City
Avon first quarter net income surged to $143.6 million. Duke Energy first quarter net income surged to $511 million. MasterCard first quarter net income increased 23.6% to $562 million. Pfizer first quarter net income surged 10% to $2.22 billion. Stepan first quarter net income fell 9% to $18.8 mn.
- Mukesh Buch
- 02 May, 2011
- New York City
Chrysler reported first quarter net income of $116 million. Dish Network first quarter net income surged 138% to $549 million. Humana first quarter net income surged 22% to $315.1 million. TiVo said DISH Network and EchoStar settled ongoing patent litigation for $500 million.
- Mukesh Buch
- 29 Apr, 2011
- New York City
Caterpillar first quarter net profit soared 426% to $1.2 billion. Microsoft third quarter net income increased 31% to $5.2 billion. Research In Motion estimates first quarter earnings of $1.30 to $1.37 per share. Zimmer first quarter net income rose 2% to $208.9 million.
- Mukesh Buch
- 06 May, 2011
- New York City
American International Group reported first quarter net loss of $543 million. DIRECTV first quarter net income rose to $674 million. Kraft Foods first quarter net earnings in the quarter soared 58% to $799 million. Washington Post first quarter net income declined 67% to $15.1 million.
- Bikram Pandey
- 10 May, 2011
- New York City
U.S. stocks closed higher on deal news and positive economic news at home and abroad. European markets gained after Greece completed the sale of short term debt but the speculation intensified of another bailout. Asian markets closed mixed as earnings in Japan improved the sentiment.
- Devan Biswas
- 29 Apr, 2011
- New York City
Stocks in Mumbai in a volatile trading edged lower after inflation worries sparked by higher crude oil prices. UCO Bank and Prism Cement declined after reporting lower than expected earnings. Mafatlal Industries soared after it sold 7 acre land plot in central Mumbai at a peak price.
- Arthi Gupta
- 29 Apr, 2011
- New York City
U.S. indexes traded sideways after personal income rose 0.5% and pending home sales rose more than estimated in March. France-based Total SA acquired 60% stake in SunPower. Caterpillar, D.R. Horton, Merck quarterly earnings surge.