- Nichole Harper
- 01 Mar, 2013
- New York City
U.S. stocks traded sideways after personal income in January declined 3.6% and spending rose 0.2%. The payroll tax rate cut expiry and higher tax for wealthy had limited impact on the spending. U.S. manufacturing expanded at a faster rate in February.
- Hiruki Nakamura
- 01 Mar, 2013
- New York City
Nikkei index in Tokyo rebounded from the loss of 0.8% to close up 0.4%. Bank of Japan may announce more monetary steps at its first meeting in April after consumer prices declined for the third month in a row.
- Mukesh Buch
- 01 Mar, 2013
- New York City
Best Buy fourth quarter net loss narrowed and Domino
- Marcus Jacob
- 01 Mar, 2013
- New York City
Australian stocks and dollar declined as investors worried about the global market conditions after the U.S. automatic spending cuts kick in on Friday midnight.
- Mukesh Buch
- 01 Mar, 2013
- New York City
Apax sold in two days 7.5% stake in Apollo Hospital. Clariant fourth quarter net declined 23% and MphasiS net rose 1.2%. M&M auto sales jumped 11% and Maruti Suzuki sales fell 7.9% in February. Shri Lakshmi Cotsyn net swung to loss and Value net loss widened.
- Nigel Thomas
- 01 Mar, 2013
- New York City
Belgacom fiscal net declined 6% and Lloyds net loss for the year narrowed. Thales net for the year jumped 5% and William Hill profit surged 58% and agreed to pay
- Nichole Harper
- 28 Feb, 2013
- New York City
Stocks in early trading searched for direction after economic growth was revised to 0.1% increase. Consumer spending increased as 2.1% annual rate and residential construction growth was revised to 17.5%. Weekly jobless claims declined. Lawmakers struggle to avoid $85 billion cuts in spending.
- Hiruki Nakamura
- 28 Feb, 2013
- New York City
Stocks in Japan closed higher after global market worries eased. The yen held above 92 ahead of central bank chief appointment tomorrow. Industrial production increased 1% in January from December.
- Mukesh Buch
- 28 Feb, 2013
- New York City
Ansys fourth quarter net soared 18% and Chico
- Marcus Jacob
- 28 Feb, 2013
- New York City
Australian stocks closed at a new 4-year high and gained more than 4% in the month. Private sector capital spending declined 1.2% in the December quarter and was estimated at $152 billion in the fiscal year. New home sales increased 4.2% in January.
- Nigel Thomas
- 28 Feb, 2013
- New York City
Bayer said fiscal year net was flat. Bankia recorded net loss of
- Mukesh Buch
- 28 Feb, 2013
- New York City
U.S. based private equity fund sold $90 million stake in Apollo Hospital. HDFC raised $500 million in foreign currency bonds. Jet Airways sold three Heathrow airport gates for $70 million. Suzlon tumbled 34%.
- Nigel Thomas
- 27 Feb, 2013
- New York City
European markers sharply rebounded after Italy managed to place debt at a slightly higher yield. Market indexes in Paris rebounded 1.9% and in Milan jumped nearly 2%. Italian bond yields closed at 4.83%, a four-month high.
- Nichole Harper
- 27 Feb, 2013
- New York City
U.S. stocks extended gains for the second day in a row after core durable goods orders indicated improving economy. Market indexes also advanced after Italian treasury sold debt meeting its maximum sale target.
- Hiruki Nakamura
- 27 Feb, 2013
- New York City
Nikkei indexes declined for the second day in a row and extended losses to 4% and pared the yearly gain to 8.8%. The yen was in focus ahead of the central bank chief nomination.