- Arthi Gupta
- 12 Jul, 2012
- New York City
U.S. indexes rose after weekly jobless claims fell, import prices declined in June and foreclosure activity dropped in the first-half. Japan-based Dentsu agreed to acquire UK-based Aegis Group for $4.9 billion.
- Marcus Jacob
- 12 Jul, 2012
- New York City
Australian indexes turned lower for the sixth day in a row after local employers cut 22,700 jobs in June and unemployment increased to 5.2%. The dollar edged lower ahead of GDP data from China tomorrow.
- Arthi Gupta
- 12 Jul, 2012
- New York City
The European indexes declined after latest statement from the ECB highlighted downside risks and the European industrial production rebounded unexpectedly. Italy sold
- Arthi Gupta
- 12 Jul, 2012
- New York City
Greek jobless rate rose to a record high in April. German wholesale price inflation eased but French annual inflation remained unchanged in June. Industrial production in the euro area improved and Dutch exports soared in May.
- Bikram Pandey
- 11 Jul, 2012
- New York City
U.S. indexes accelerated the decline after the prospect of another stimulus faded. The latest minutes of Fed meeting showed that more action may be needed to lower unemployment rate but also noted most of the jobless rate is driven by structural factors.
- Arthi Gupta
- 11 Jul, 2012
- New York City
U.S. indexes traded sideways after trade deficit contracted and wholesale inventories increased in May. Unit Corp agreed to acquire certain oil and natural gas properties from Noble Energy for $617 million.
- Arthi Gupta
- 11 Jul, 2012
- New York City
The UK indexes fell after economy remained flat in the June quarter. Burberry plunged despite a rise in quarterly revenues. Rolls-Royce won $280 million worth order from Avianca and Shell acquired remaining outstanding shares in Gasnor for $74 million.
- Mukesh Buch
- 11 Jul, 2012
- New York City
Adtran second quarter net declined 43%. Hhgregg lowered its quarterly and annual net outlook. Tech Data agreed to buy Brightstar Corp. for $165.6 million. Unit Corp acquires certain assets of Noble Energy for $617.1 million.
- Arthi Gupta
- 11 Jul, 2012
- New York City
French current account deficit narrowed and Spanish leading indicator index fell in May. Inflation in Germany eased but in Hungary rose in June and the Czech unemployment rate dropped in June.
- Arthi Gupta
- 11 Jul, 2012
- New York City
The European indexes traded mixed and Spain announced new
- Nigel Thomas
- 11 Jul, 2012
- New York City
Stocks in Tokyo extended losses for the fifth day and the yen traded at 97 against euro and 79.21 against a dollar as the currency continued its advance for the last five weeks. Electronic chip equipment makers dropped after sales warning from Applied Materials.
- Marcus Jacob
- 11 Jul, 2012
- New York City
Australian stocks closed lower for the fifth day and investors awaited more economic data from China. Stocks in resource sector declined for the third day in a row and Telstra extended annual gain to 12% and traded at 40-month high.
- Bikram Pandey
- 10 Jul, 2012
- New York City
Stocks in New York turned lower after tech companies issued cautious outlook. AMD reported lower chip sales and Applied Materials lowered annual outlook. European leaders took steps to expedite the rescue of Spanish banks but bond yields failed to materially weaken.
- Mukesh Buch
- 10 Jul, 2012
- New York City
Alcoa second quarter net swung to loss and Applied Materials lowered its annual outlook. Helen of Troy first quarter net slumped. Shaw Group third quarter loss narrowed. Wolverine second quarter net slid and reaffirms fiscal outlook.
- Arthi Gupta
- 10 Jul, 2012
- New York City
The UK indexes advanced after Spanish concerns eased for now. UK retail sales climbed in June and production improved and deficit narrowed in May. Barclays former CEO Bob Diamond agreed to give up his bonus but will keep his salary.