- Arthi Gupta
- 18 Oct, 2012
- New York City
The UK indexes edged higher after retail sales rebounded in September. BP plans to sell its stake in TNK-BP. Kier Group completed the sale of its 50% stake in two private finance initiative projects for
- Arthi Gupta
- 18 Oct, 2012
- New York City
U.S. indexes traded sideways after mixed economic data. The jobless claims soared 46,000 to 388,000 and a leading economic index rose in September. Wesco agreed to acquire Canada-based EECOL for C$1.14 billion. Morgan Stanley slipped to quarterly loss.
- Arthi Gupta
- 18 Oct, 2012
- New York City
The European indexes traded sideways ahead of the EU summit in Brussels. Spain raised
- Arthi Gupta
- 18 Oct, 2012
- New York City
French leading index climbed and Italian deficit narrowed in August. Swiss watch exports declined in September.
- Arthi Gupta
- 18 Oct, 2012
- New York City
Nokia loss widens, Akzo Nobel swung to loss and Saab net plunged to SEK 151 million in the third quarter. Nestle nine-month sales rose 11% to Sfr67.6 billion. Remy Cointreau first-half sales were
- Bikram Pandey
- 17 Oct, 2012
- New York City
U.S. market extended gains in a worldwide rally after housing starts jumped 15% to a 4-year high. European markets gained after Spain avoided a rating decline and Japan inches towards another economic stimulus package.
- Arthi Gupta
- 17 Oct, 2012
- New York City
The UK indexes advanced after unemployment rate fell unexpectedly in three months to August. Pearson agreed to acquire EmbanetCompass for $650 million. The Royal Bank of Scotland agreed to exit the government
- Arthi Gupta
- 17 Oct, 2012
- New York City
The European indexes rose and Moody''s confirmed Spanish bond rating but with a negative outlook. Hungary announced new austerity measures to curtail deficit. ASML agreed to acquire Cymer for
- Arthi Gupta
- 17 Oct, 2012
- New York City
U.S. indexes traded sideways after housing starts surged to a four-year high in September but IBM and Intel reported weak earnings reports. Exxon Mobil Canada agreed to acquire Celtic for C$3.1 billion and HCP agreed to purchase 133 senior housing communities for $1.73 billion.
- Arthi Gupta
- 16 Oct, 2012
- New York City
The UK indexes gained after inflation eased to a three-year low in September. Rio Tinto third quarter global iron ore production rose 5% to 67 million tons. Bodycote acquired U.S.-based Carolina Commercial Heat Treating for $68 million.
- Arthi Gupta
- 17 Oct, 2012
- New York City
Euro zone construction output climbed in August but German production fell 2.8%. Germany slashed its economic growth outlook for 2013 and investor confidence in Switzerland improved in October.
- Arthi Gupta
- 17 Oct, 2012
- New York City
Danone consolidated sales rose 9.4% to
- Arthi Gupta
- 16 Oct, 2012
- New York City
U.S. indexes advanced after consumer prices rose and output rebounded in September. Upbeat corporate earnings lifted investor sentiment. Goldman Sachs swung to quarterly profit.
- Arthi Gupta
- 16 Oct, 2012
- New York City
The European indexes gained more than 1% after German sentiment improved and expectations of a Spanish bailout request increased. S&P cut ratings on 11 Spanish banks and borrowing costs fell at a bond auction today. Portugal unveiled a tough budget for 2013.
- Arthi Gupta
- 16 Oct, 2012
- New York City
New passenger car registrations in Europe fell and annual inflation was flat in September. German sentiment improved in October. Euro zone surplus rose in August.