- Arthi Gupta
- 07 Nov, 2012
- New York City
U.S. indexes dropped 1% after investors focused on the fiscal cliff negotiations with the divided Congress. Barack Obama was reelected for the second presidential term. AT&T plans to invest $14 billion over the next three years to enhance its wireline IP broadband networks.
- Arthi Gupta
- 07 Nov, 2012
- New York City
The European indexes edged lower after the European Commission lowered euro area growth outlook for next year. German economy forecasted to shrink in 2013. The Greek parliament is scheduled to vote on the austerity measures today. ING plans to slash 2,350 jobs.
- Arthi Gupta
- 07 Nov, 2012
- New York City
Retail sales volume in the euro area decreased and Spanish industrial production slumped in September. German construction activity fell at an accelerated rate and Swiss consumer prices eased in October.
- Arthi Gupta
- 07 Nov, 2012
- New York City
Carlsberg revenues increased 8% to DKK 18.81 billion, Telef
- Arthi Gupta
- 06 Nov, 2012
- New York City
The UK indexes climbed after production fell in September. Home prices in the UK declined but new car registrations rose in October. BG Group completed the sale of Brazil based Comg
- Arthi Gupta
- 06 Nov, 2012
- New York City
U.S. indexes gained as voters decide the future control of the House, Senate and the President
- Arthi Gupta
- 06 Nov, 2012
- New York City
The European indexes advanced and Greece and Spain weighed on the market sentiment. The IMF warned that the growth outlook for France remains fragile. The Spanish economy is forecasted to contract 1.6% this year. Greek strike paralyzes nation.
- Arthi Gupta
- 06 Nov, 2012
- New York City
Euro zone private sector contracted more than initially estimated and service sector activity and new orders in the Spain continued to shrink in October. German factory orders fell in September.
- Arthi Gupta
- 06 Nov, 2012
- New York City
Aer Lingus passenger traffic improved in October. BMW profit rose 16% to
- Barry Randall
- 05 Nov, 2012
- New York City
Stocks on Wall Street hugged flat line ahead of the U.S. presidential election tomorrow and voter turnout is ahead of expectations in key swing states of Florida, Colorado and Ohio. The dollar, gold and crude oil traded higher.
- Nigel Thomas
- 05 Nov, 2012
- New York City
Stocks in Tokyo halted a 3-day rally on a weakness in regional trading and commodities prices declined. Utilities closed lower after regulators delayed a decision to reopen nuclear power plant. Toyota lifted its annual net profit outlook after the close.
- Marcus Jacob
- 05 Nov, 2012
- New York City
Australian stocks closed higher on the expectations of a rate cut after the central bank meeting on Tuesday. Australian trade deficit narrowed in September after imports fell more than exports. Seasonally adjusted retail sales in the month declined 0.5%.
- Mukesh Buch
- 05 Nov, 2012
- New York City
Church & Dwight third quarter net jumped 18%. Humana third quarter net declined 4% but lifted outlooks and agreed to buy Metropolitan Health for $850 million and also agreed to acquire Certify Data Systems. Time Warner net surged 127%.
- Arthi Gupta
- 05 Nov, 2012
- New York City
The UK indexes declined tracking lower world markets and UK government gross reserves rose and services sector grew marginally in October. HSBC third quarter underlying pretax profit surged 125% to $5.04 billion.
- Darlington Musarurwa
- 05 Nov, 2012
- New York City
U.S. indexes traded lower ahead of the close presidential election and looming spending cuts that are set to kick in on January 1. Malaysia-based SapuraKencana and Seadrill agreed to integrate tender rig businesses in a $2.9 billion deal. Humana agreed to acquire Metropolitan for $850 million.