- Mukesh Buch
- 30 Nov, 2012
- New York City
Avago Technologies fourth quarter slid 3% to $159 million. Genesco third quarter net surged 57% and lifted outlook. OmniVision second quarter plunged 51%. United Natural Foods first quarter net jumped 42% and Ulta Salon third quarter net soared 43%.
- Arthi Gupta
- 30 Nov, 2012
- New York City
Ferrovial declared a dividend of 1 euro gross per share. Royal Bank of Scotland canceled its agreement to sell its Indian Retail & Commercial banking operations to HSBC.
- Bikram Pandey
- 29 Nov, 2012
- New York City
Stocks in New York gyrated after lawmakers gave conflicting signals of budget negotiation progress. Pending home sales increased 5.2% in October and the second estimate of the U.S. economic growth was revised to 2.7% annual rate in the third quarter. Weekly jobless claims declined.
- Nigel Thomas
- 29 Nov, 2012
- New York City
Stocks in Tokyo rebounded from the sell-off in previous session. Electric utilities closed higher on the prospect of a rate hike next year. Steelmaker JFE Holdings gained on the speculation of positive cash flow.
- Marcus Jacob
- 29 Nov, 2012
- New York City
Australian markets traded higher and latest survey showed a sharp decline in mining industry capital spending plan. Rio Tinto said it plans to cut $5 billion in operating and support costs by 2014.
- Arthi Gupta
- 29 Nov, 2012
- New York City
Investors focused on the economic reports and shifted away from the fiscal cliff noise. Third quarter GDP growth was revised higher to 2.7% and weekly unemployment claims declined for the second week in a row last week.
- Mukesh Buch
- 29 Nov, 2012
- New York City
Barnes & Noble third quarter net swung to a loss. Beacon Roofing fourth quarter net dropped 11%. Infoblox first quarter loss widened. Kroger third quarter net climbed 62% and Tiffany quarterly net plunged 30%.
- Arthi Gupta
- 29 Nov, 2012
- New York City
The sentiment across the euro zone improved after falling for eight months in a row. Italy raised
- Arthi Gupta
- 29 Nov, 2012
- New York City
Ahold to increase its existing cost savings program from
- Bikram Pandey
- 28 Nov, 2012
- New York City
U.S. indexes rebounded from early losses of 1% and managed to close up 0.8% after President Obama and Speaker Boehner sounded optimistic on the budget compromise. BP plc was banned from U.S. federal contract temporarily and may be forced to settle $20 billion civil litigation.
- Nigel Thomas
- 28 Nov, 2012
- New York City
Nikkei in Tokyo fell 1.2% and the Topix declined 1.3% after indexes rallied for four days as the yen weakened in the last two weeks. Sakurada plunged 92% after the company filed for bankruptcy proceedings. Kawasaki Kaisen postponed fleet expansion on a global glut.
- Marcus Jacob
- 28 Nov, 2012
- New York City
Stocks in Sydney decreased after commodities prices fell and trading sentiment wavers in Asian markets. Australian dollar traded near 3-month high as commodities held firm after the Greek debt negotiations were resolved for now.
- Mukesh Buch
- 28 Nov, 2012
- New York City
Ann third quarter net climbed 26% and Analog Devices net dropped 2%. Express profit declined 38% to $17.4 million and revised outlook. Jos. A. Bank Clothiers third quarter net dropped 11% and Fresh Market net climbed 19%.
- Arthi Gupta
- 28 Nov, 2012
- New York City
U.S. indexes edged lower after the deadlock on the fiscal cliff continues. Kirby agreed to acquire Penn Maritime for $295 million. Costco November net sales rose 9% to $8.15 billion.
- Arthi Gupta
- 28 Nov, 2012
- New York City
The European Commission approved restructuring plans of four Spanish banks. Italy raised