- Mukesh Buch
- 27 Jul, 2012
- New York City
ABB second quarter net declined 27%. AstraZeneca second quarter net plunged 46% to $1.24 billion. Facebook second quarter net swung to $157 million loss. United Technologies net rose and completed the acquisition of Goodrich.
- Arthi Gupta
- 27 Jul, 2012
- New York City
U.S. indexes advanced after economic growth declined to 1.5% rate in the second quarter. Italy raised
- Arthi Gupta
- 27 Jul, 2012
- New York City
Linde and Michelin first-half earnings rose on revenue growth. Lafarge quarterly net plunged 80% on Greek impairment charges. Total earnings plunged 42% in the second quarter.
- Arthi Gupta
- 27 Jul, 2012
- New York City
EADS lifted its fiscal 2012 earnings outlook. Saint-Gobain said second quarter hit by a deterioration in the economic climate in Western Europe.
- Arthi Gupta
- 27 Jul, 2012
- New York City
The European indexes pared gains on worries that Greece is struggling to meet its deficit target. Euro-zone leading index declined in June. Spanish jobless rate rose in the second quarter. Total and Lafarge quarterly earnings slumped.
- Bikram Pandey
- 26 Jul, 2012
- New York City
Latest batch of earnings from U.S., Europe and Asia lifted markets sentiment in nine largest markets around the world. Indexes in Europe and New York also advanced after ECB president reiterated his comments to preserve the euro. Commodities gained.
- Nigel Thomas
- 26 Jul, 2012
- New York City
Stocks in Japan rebounded after short sellers completed most of the selling earlier in the week. Nissan quarterly profit declined 15% and stronger yen took a bite from the earnings. Fanuc gained after it reaffirmed first half outlook. Nintendo reported narrower loss.
- Mukesh Buch
- 26 Jul, 2012
- New York City
3M second quarter net edged up to $1.17 billion.Colgate-Palmolive second quarter net edged up 0.8% to $627 million. Dow Chemical net soared 73.5% to $982 million and Exxon Mobil second quarter net soared 48.6% to $15.9 billion.
- Mukesh Buch
- 26 Jul, 2012
- New York City
CR Bard swung to second quarter profit and Delta Air Lines to $166 million loss. Hess second quarter net slid 9.6% on lower oil prices. Motorola Solutions operating earnings surged 75%.
- Marcus Jacob
- 26 Jul, 2012
- New York City
Australian stocks closed higher as investors focused on domestic earnings. Sirius Resources soared eight-fold and trading surged 100-fold after the company reported progress in mineral exploration. Caltex closed its refinery in Sydney.
- Arthi Gupta
- 26 Jul, 2012
- New York City
U.S. indexes advanced after durable goods orders increased in June and weekly jobless claims fell more than anticipated. United Technologies agreed to sell industrial products businesses for $3.46 billion. Exxon quarterly net soared 49%.
- Arthi Gupta
- 26 Jul, 2012
- New York City
Banco Santander quarterly net plunged 93% and PUMA earnings fell 29%. BASF confirmed its outlook for growth in fiscal 2012. Unilever first-half revenues increased 11.5%.
- Arthi Gupta
- 26 Jul, 2012
- New York City
The European indexes fell on the speculation that Greece may not meet its deficit target. Moody''s changed outlook on 17 German banking groups to negative. Italy sold
- Bikram Pandey
- 25 Jul, 2012
- New York City
U.S. stocks turned negative in a choppy session. Technology stocks were weak after a decline in Apple and Netflix. New home sales dropped at 8.4% annual rate in June. Outlook in Europe darkened after UK reported deeper than expected economic decline.
- Mukesh Buch
- 25 Jul, 2012
- New York City
Boeing second quarter revenue surge 21% and net rose 3% and backlog was valued at $302 billion. Caterpillar net jumped 67% and lifted fiscal outlook and ConocoPhillips second quarter net declined 33% on spin-off and weak oil prices. Ford second quarter net plunged 57%.