- Nigel Thomas
- 23 Feb, 2011
- New York City
Stocks in Japan extended losses for the second day as crude oil surges and investors worry of the growing contagion in the Middle East. The Nikkei index declined 0.8% and fell 1.8% in the last two days of trading. Automakers, exporters and banks closed lower.
- Marcus Jacob
- 23 Feb, 2011
- New York City
Stocks in Australia declined but rebounded from the lows as the dollar gained. Crude oil surged for the third day and third week in a row as furor in Libya lead to more bloodshed. Suncorp Group first half net declined 39%. Coca-Cola Amatil annual net increased 11%.
- Bikram Pandey
- 22 Feb, 2011
- New York City
The S&P dropped 2.2% and the Nasdaq index decline 2.8% as unrest in Libya threaten oil production and supply to Europe. The rising tensions are making authorities in Saudi Arabia, Iran and Syria worried. Wal-Mart declined after quarterly sales were lower than expected. Home prices fell in the U.S.
- Mukesh Buch
- 22 Feb, 2011
- New York City
Hormel Foods first quarter net earnings rose 34% to $148.8 million. Macy
- Arthi Gupta
- 22 Feb, 2011
- New York City
The UK indexes traded lower as violent protests rage in Bahrain and Libya. Crude oil prices surge and world markets decline. The UK government recorded largest surplus since July 2008. BP to sell certain UK assets. Informa plc 2010 net declined 6.3% on flat revenue. Kerry Group Plc net rose 61%.
- Arthi Gupta
- 22 Feb, 2011
- New York City
The European indexes slide as protests continued in Libya, Morocco and Bahrain. German consumer sentiment strengthened. French housing starts growth slackened in January. Swiss trade surplus and exports rose in January. Zurich Financial formed venture with Banco Santander.
- Arthi Gupta
- 22 Feb, 2011
- New York City
U.S. indexes fell and world markets decline. Crude oil surged as oil companies begin to evacuate staff from Libya and European markets worry of energy supply disruptions. Chesapeake agreed to sell its shale assets to BHP for $4.75 billion. Home Depot and Wal-Mart earnings rose.
- Devan Biswas
- 22 Feb, 2011
- New York City
Stocks in Mumbai declined tracking losses in Asia after crude oil prices surged more than 5%. Libya gained center stage as popular unrest threatens Col Muammar Gaddafi
- Devan Biswas
- 22 Feb, 2011
- New York City
Stocks in Shanghai fell sharply after crude oil futures surged and China vowed to maintain fuel prices stable. The announcement fueled speculation that more tightening measures may be carried out sooner than anticipated. Alibaba.com share dropped as much as 9%.
- Nigel Thomas
- 22 Feb, 2011
- New York City
The benchmark index in Tokyo plunged after oil prices rose sharply and in a surprise move Moody
- Marcus Jacob
- 22 Feb, 2011
- New York City
The benchmark index in Australia declined after tensions in Middle East and North Africa reach oil producing nations. BHP Billiton agreed to acquire shale gas leasehold from Chesapeake Energy for $4.75 billion. Sonic Healthcare fell after it lowered earnings outlook.
- Bikram Pandey
- 21 Feb, 2011
- New York City
Oil moved in focus as the popular uprising takes a serious turn in Libya, Yemen and Iran. Oil companies began to evacuate non-essential staff. Futures of crude oil surged as much as 4.8% and European indexes declined on the growing worries that supplies from Libya could be interrupted in the region.
- Arthi Gupta
- 21 Feb, 2011
- New York City
The UK indexes slid on civil unrest in Libya. Home prices surged 3.1% in February. BP inked $7.2 billion deal with India-based Reliance Industries. Diageo agreed to acquire Turkey-based Mey Icki for
- Arthi Gupta
- 21 Feb, 2011
- New York City
The European indexes fell on escalating unrest in the Middle East. Euro area private sector activity strengthened and German business confidence improved in February. Canada-based Nordion divested Belgian operations. Merck revenues rose and TNT net surged.
- Devan Biswas
- 21 Feb, 2011
- New York City
Stocks in Mumbai surged on the expectations of growth oriented budget and higher incentives for export oriented industries. The Sensex index added 1.2% and gold rallied for the seventh day in a row. Steel Authority plans to invest $12 billion to build four overseas steel plants.