- Nichole Harper
- 01 Nov, 2012
- New York City
Market indexes in New York jumped more than 1% after weekly jobless claims declined and manufacturing growth increased in October. Construction spending rose to a three-month high and consumer confidence increased to the highest in four years.
- Mukesh Buch
- 01 Nov, 2012
- New York City
Cigna third quarter net jumped 155% on revenue growth. Exxon Mobil net slumped 7% and Exelon profit plunged 51%. Pfizer third quarter net declined 14% as sales dropped. Visa fourth quarter net soared 89%.
- Nigel Thomas
- 01 Nov, 2012
- New York City
The Nikkei average in Japan increased for the second day in a row after the yen softened and China reported first manufacturing advance in October in three months. TDK Corp and Fujifilm Holdings, Sony and Sharp fell on weak quarterly results.
- Marcus Jacob
- 01 Nov, 2012
- New York City
Australian stocks drifted lower after weak opening despite the evidence that Chinese manufacturing activities are stabilizing. Home prices in Australian cities declined for the first time in five months.
- Arthi Gupta
- 01 Nov, 2012
- New York City
The European indexes gained after a rebound in Chinese manufacturing activity. The UK home prices increased more-than-estimated and Greek manufacturing activity declined in October. Swiss retail sales eased in September.
- Bikram Pandey
- 31 Oct, 2012
- New York City
Stocks were little changed and 2.76 billion shares changed hands on the New York Stock Exchange. Home Depot and Lowe
- Nichole Harper
- 31 Oct, 2012
- New York City
Stocks on Wall Street traded volatile after a historic two-day market closure. Markets opened smoothly after the exchanges and market makers coordinated activities and used back up facilities. Home Depot and Lowes jumped on the expectations of higher sales after Hurricane Sandy.
- Barry Randall
- 31 Oct, 2012
- New York City
Walt Disney ((DIS)) agreed to acquire Lucasfilm from the producer George Lucas and its Star Wars franchise for $4.05 billion in cash and stock.
- Mukesh Buch
- 31 Oct, 2012
- New York City
American Tower third quarter net dropped 22% and lifted fiscal outlook. BorgWarner quarterly net plunged 29% and revised guidance. Cummins net dropped 22% as sales dropped. GM third quarter net declined 12% and WEX net tumbled 70%. MasterCard third quarter net climbed 8% to $772 million.
- Nigel Thomas
- 31 Oct, 2012
- New York City
Investors shifted attention to domestic earnings news and the Nikkei in Tokyo jumped 1%. Hitachi and Komatsu gained after maintaining annual earnings outlook and Fuji Heavy soared 7% after lifting earnings estimate.
- Arthi Gupta
- 31 Oct, 2012
- New York City
The European indexes gained after the euro area jobless rate rose to a record 11.6% and German retail sales improved in September. The UK consumer confidence fell to a six-month low in October.
- Marcus Jacob
- 31 Oct, 2012
- New York City
Australian stocks closed higher after residential building approvals increased 7.8% in September. National Australian Bank reported full year revenues increased 5.2% and net income dropped 22% to $4.08 billion on losses and restructuring charges linked to UK operations.
- Arthi Gupta
- 31 Oct, 2012
- New York City
Barclays and ArcelorMittal slip to quarterly loss. Continental nine-month sales jumped 9.1% to
- Bikram Pandey
- 30 Oct, 2012
- New York City
Stock exchanges and Wall Street was closed for the second day in a row. Lower Manhattan, where the New York Stock Exchange is located, is struggling with widespread salt water flooding and power outages that may cripple the activities for days to come.