- Barry Randall
- 20 Feb, 2013
- New York City
Markets in Europe traded higher but trading volume was weak. Spain estimated budget deficit in 2012 to decline just below 7%, the lowest in four years. UK jobless claims fell more than expected in January.
- Mukesh Buch
- 20 Feb, 2013
- New York City
Analog Devices first quarter net plunged 31% and DTE Energy net tumbled 46%. DISH Network fourth quarter net declined 33% on lower subscribers. Dell net plunged 31% and Owens Corning net swung to a loss.
- Hiruki Nakamura
- 20 Feb, 2013
- New York City
Stocks in Tokyo gained ahead of the central bank leadership change announcement. Trade deficit in January increased to a record high of $17.4 billion on rising energy imports and weakening yen. Toyota plans to increase domestic auto production from April.
- Nigel Thomas
- 20 Feb, 2013
- New York City
BHP Billiton net plunged 58% and Credit Agricole loss widened to
- Marcus Jacob
- 20 Feb, 2013
- New York City
Australian markets closed higher and the ASX index traded at a new 4-year high. Fortescue net declined 40% on lower iron ore prices. BHP Billiton announced chief executive Marius Kloppers will be replaced by Andrew Mackenzie. Suncorp raised dividend by 25%.
- Mukesh Buch
- 20 Feb, 2013
- New York City
Jaiprakash Power launched qualified institutional placement to raise nearly $730 million. LIC Housing Finance plans to raise nearly $37 million. Reliance Industries and two partners plan to invest over $5 billion in KG-D6 basin. Thomas Cook net declined 25%.
- Bikram Pandey
- 19 Feb, 2013
- New York City
U.S. market indexes extended gains in global markets after German confidence surged and earnings on both sides of Atlantic rose. Crude oil held at elevated levels and gold eased for the second day in a row in New York.
- Nichole Harper
- 19 Feb, 2013
- New York City
U.S. stocks extended gains after the latest earnings release and widespread gains in the European markets. German investor confidence rose more than estimated. Merger talks among office supply retailers also contributed to the positive sentiment. Homebuilder confidence unexpectedly fell in February.
- Barry Randall
- 19 Feb, 2013
- New York City
Markets in the European Union soared after German investor confidence in February was ahead of expectations by a wide margin. Spain successfully raised 4 billion euros meeting its debt sale target. Italy is set to complete parliamentary election this weekend.
- Hiruki Nakamura
- 19 Feb, 2013
- New York City
Stocks in Tokyo edged lower and the yen gained against the dollar. Prime minister will delay the appointment of Bank of Japan governor after his return from a trade summit talks with President Obama later this week. Bridgestone soared on earnings surprise.
- Mukesh Buch
- 19 Feb, 2013
- New York City
Bruker Corp fourth quarter net plunged 67% and Cimarex net declined 15%. Medtronic third quarter net climbed 6% and reiterated fiscal outlook. Omnicare fourth quarter surged 90% and Sealed Air net swung to a profit and Wolverine net to a loss.
- Marcus Jacob
- 19 Feb, 2013
- New York City
Australian market indexes closed at a 4-year high on the strength in resource and bank sector stocks. Earnings drove the market sentiment. Arrium reported higher operating earnings but took a massive asset write down. Coca-Cola Amatil annual net declined 22%. Asciano net soared 74%.
- Nigel Thomas
- 19 Feb, 2013
- New York City
Danone revenue advanced 5% to
- Mukesh Buch
- 19 Feb, 2013
- New York City
Eicher Motors fourth quarter net plunged 24% and GSK Pharma net climbed 1.3%. Kingfisher said UB Holdings revised loan limits to $125 million. Tech Mahindra acquired majority stake in Brazil based Complex IT.
- Mukesh Buch
- 18 Feb, 2013
- New York City
Carlsberg revenue drooped and profit declined 10%. Independent News & Media plc sold its South African business. Natixis agreed to sell assets to Banques Populaires and Caisses d