- Arthi Gupta
- 24 Jul, 2012
- New York City
The euro-zone private sector economy contracted and French business confidence fell in July. Hungarian retail sales declined in May. Spanish producer price inflation eased in June.
- Bikram Pandey
- 23 Jul, 2012
- New York City
Global markets plunged on the growing speculation that Spain may be forced to ask a larger bailout ans the crisis deepens. U.S. indexes closed down 1% and recovered from the earlier losses of 2% and European markets plunged between 3% and 5%. Pete
- Nigel Thomas
- 23 Jul, 2012
- New York City
Nikkei index in Tokyo plunged the most in six weeks in light trading as investors lowered expectations in the euro zone as Spanish crisis broadens in the economy. Print makers declined after Xerox lowered its outlook. Resources linked stocks fell.
- Mukesh Buch
- 23 Jul, 2012
- New York City
Cnooc agreed to buy Nexen for $15 billion. Genesee agreed to acquire RailAmerica for $1.39 billion. Halliburton second quarter net slid. McDonald
- Arthi Gupta
- 23 Jul, 2012
- New York City
UK indexes extended world markets decline as the debt crisis in the euro zone resurface and the Libor scandal widens to regulators. UK household finance index rose in July and manufacturing sector is expected to contract this year.
- Marcus Jacob
- 23 Jul, 2012
- New York City
Australian indexes plunged 1.7% as markets in Asia declined. World markets turned cautious after fears rose that Spain may be sliding towards a full blown bailout as crisis moves from the banking industry turmoil to economic decline.
- Arthi Gupta
- 23 Jul, 2012
- New York City
Wall Street extended global decline and dropped 2%. CNOOC agreed to acquire Canada-based Nexen for $15.1 billion. NRG and GenOn are in a $1.7 billion deal. Talisman Energy sells 49% equity interest in UK North Sea Assets. DigitalGlobe and GeoEye agreed to merge.
- Arthi Gupta
- 23 Jul, 2012
- New York City
Market indexes in Germany and France plunged more than 3% as Spanish yield soared to a new record. The indexes in Madrid plunged 3.8% and in Italy dropped 5%. Spain lowered economic outlook for next year. China-based Citic agreed to buy CLSA from Credit Agricole for $1.25 billion.
- Arthi Gupta
- 23 Jul, 2012
- New York City
The Spanish economy contracted for the third quarter in a row. Swiss broad money supply growth rose and Luxembourg''s unemployment rate remained unchanged in June. Danish consumer confidence strengthened in July.
- Bikram Pandey
- 20 Jul, 2012
- New York City
Wall Street losses accelerated after technology and financial sectors led the decliners. Euro zone worries contributed to weak earnings from financials. Commodities halted two week rally and the oil declined for the first time in nine days.
- Nigel Thomas
- 20 Jul, 2012
- New York City
Stocks in Tokyo dropped on Friday and the Nikkei index closed down 3.9% in the week. Insurance and financial services stocks declined after weak economic data from the U.S. Toshiba gained but Yamato Holdings declined.
- Mukesh Buch
- 20 Jul, 2012
- New York City
Baker Hughes second quarter net soared 17% to $439 million. Google second quarter net surged 17% to $2.79 billion. Novartis second quarter net flat to $2.73 billion. Travelers Companies second quarter net swung to $499 million profit.
- Mukesh Buch
- 20 Jul, 2012
- New York City
BB&T second quarter net surged 66%. eBay trimmed third quarter earnings guidance. General Electric second quarter net climbed 6.7% to $4 billion and Microsoft second quarter net swung to $492 million loss. Schlumberger second quarter net increased 4% to $1.40 billion.
- Arthi Gupta
- 20 Jul, 2012
- New York City
The UK indexes declined after public sector net borrowing rose in June. The home price sentiment index dropped in July. Vodafone declined 2.8% on weak first quarter revenues. London and Singapore exchanges are reported to have merger talks.
- Arthi Gupta
- 20 Jul, 2012
- New York City
U.S. indexes edged lower as euro zone worries mounted. eBay trimmed earnings outlook on $3 billion debt offering impact and Microsoft swung to quarterly loss on hefty goodwill impairment charges.