- Arthi Gupta
- 12 Apr, 2011
- New York City
European indexes declined after Japan raised the nuclear disaster level at the Fukushima nuclear plant to the highest level. Fiat increased its stake in Chrysler to 30%. German investor sentiment deteriorated more than estimated in April.
- Arthi Gupta
- 12 Apr, 2011
- New York City
European online recruitment activity improved in March. German inflation confirmed at 2.1% in March and economic sentiment deteriorated in April. French current account deficit widened in February. Spanish annual inflation remained unchanged at 3.6% in March.
- Devan Biswas
- 12 Apr, 2011
- New York City
Stocks in Shanghai and Hong Kong declined on the worries that inflation may overshoot government target for the second month in a row. China is scheduled to release GDP and inflation data this week. Banks and real estate developers declined and steelmakers gained on earnings expectations.
- Nigel Thomas
- 12 Apr, 2011
- New York City
Stocks in Tokyo dropped for the second day after one earthquake hit Fukushima region and another powerful quake stuck in the ocean near Tokyo. The Nikkei dropped 1.7%. Crude oil eased. Tokyo Steel estimated higher annual net loss.
- Marcus Jacob
- 12 Apr, 2011
- New York City
Australian stocks and dollar turned lower after international worries overshadowed market sentiment. The IMF cut global economic output and trimmed the U.S. economic growth rate to 2.8% and Japan
- Bikram Pandey
- 11 Apr, 2011
- New York City
U.S. stocks lost steam and crude oil declined from the 30-month high. Schneider Electric is exploring an offer for Tyco International. Endo agrees to acquire American Medical Systems for $2.9 billion. Crude oil falls after Libya accepts the African Union proposal.
- Mukesh Buch
- 11 Apr, 2011
- New York City
Benchmark Electronics lowered first quarter guidance sales to be of $540 million. Cliffs receive cash payment of as much as $270 million after price settlement with ArcelorMittal. Endo Pharmaceutical agreed to acquire American Medical Systems for $2.9 Billion in cash. Shaw Group net income fell 98%.
- Arthi Gupta
- 11 Apr, 2011
- New York City
The UK indexes traded higher after banking stocks rose after the independent commission did not recommend breaking large banks. Irish industrial production and construction dropped. BHP Billiton completed its $10 billion stock buyback program.
- Arthi Gupta
- 11 Apr, 2011
- New York City
U.S. indexes gained ahead of first quarter earnings season. U.S. government averted shut-down crisis as lawmakers agree on spending cuts. Endo agreed to acquire American Medical Systems for $2.9 billion. TimberWest Forest agreed to be purchased for C$1.03 billion.
- Arthi Gupta
- 11 Apr, 2011
- New York City
The OECD leading index rose in February. German corporate insolvencies dropped in January. French industrial output slackened in February and Dutch trade surplus rose in February. Romanian inflation accelerated to 8.01% in March.
- Arthi Gupta
- 11 Apr, 2011
- New York City
European indexes traded sideways led by automakers. Meyer Burger agreed to acquire Roth & Rau for
- Devan Biswas
- 11 Apr, 2011
- New York City
Mumbai stocks extended losses for the fifth day in a row as crude oil hovered near 30-month high and industrial production increased 3.6% in February. The less than expected growth in production also contributed to the weak trading sentiment.
- Nigel Thomas
- 11 Apr, 2011
- New York City
Stocks in Japan declined on the ongoing auto production worries. Automakers plan to increase production in stages from today and Sony suspended operations at a plant that makes optical parts. Northeast Japan was hit with another 7.1 magnitude earthquake at local time 5:17 pm.
- Marcus Jacob
- 11 Apr, 2011
- New York City
Australian stocks closed higher and the dollar traded at 29-year peak. Western Australia premier urged energy executives to not mount a takeover of Woodside Petroleum. Leighton Holdings is set to raise $757 million in a rights offering.
- Bikram Pandey
- 08 Apr, 2011
- New York City
U.S. stocks wavered as lawmakers struggle to balance the budget and raise debt limit. Commodities were in focus after crude oil jumped to 3-year high and gold and silver reached a new 31-year high. Google agreed to conditions laid by the Justice Department for the purchase of ITA Software Inc.