- Arthi Gupta
- 09 Jul, 2012
- New York City
The European indexes edged lower and Spanish yields jump above 7% as finance ministers gather in Brussels. German exports rose more than expected in May and French gross domestic product is estimated to fall by 0.1% in the second quarter.
- Bikram Pandey
- 06 Jul, 2012
- New York City
U.S indexes accelerated losses after the latest employment report confirmed weak economy. Net monthly hiring declined sharply in the second quarter. London is under scrutiny as the decades of light regulation risks reputation of the city as Libor scandal widens. Oil falls more than 3%.
- Mukesh Buch
- 06 Jul, 2012
- New York City
Informatica lowers second quarter estimates. LaCrosse agrees to be acquired by Japan based ABC-Mart. Seagate cuts fourth quarter sales and margin.
- Arthi Gupta
- 06 Jul, 2012
- New York City
The UK indexes slid after output price inflation eased in June. London trading desks are targets by regulators for their systemic weakness. Aviva lowered its stake in Delta Lloyd. Seagate Technology slumped 3.1% on weak outlook.
- Arthi Gupta
- 06 Jul, 2012
- New York City
U.S. indexes declined after payrolls in June increased less than expected. The IMF said it is likely to lower its global growth outlook. Christopher & Banks rejected unsolicited takeover proposal.
- Nigel Thomas
- 06 Jul, 2012
- New York City
Tokyo averages decreased but gained for the fifth week in a row. Investors added to stocks in telecom, retail, banks and real estate sectors and preferred stocks active in the domestic economy.
- Marcus Jacob
- 06 Jul, 2012
- New York City
Australian indexes traded lower on Friday but managed to close up 1.5% in the week. Resources stocks fell after commodities prices weakened on the worries of economic slowdown in China. The Australian dollar closed up for the eight week in a row against the euro.
- Arthi Gupta
- 06 Jul, 2012
- New York City
Industrial production in Germany rose more than estimated but Spanish industrial production fell in May. French deficit narrowed in June.
- Arthi Gupta
- 06 Jul, 2012
- New York City
The European indexes dipped. SGS agreed to acquire Belgium-based Exprimo. Peugeot slumped after an annual decline in first-half worldwide sales.
- Bikram Pandey
- 05 Jul, 2012
- New York City
Stocks recovered from early losses after investors shifted focus to employment data. Central banks in Europe, UK and China took actions to revive economic growths. U.S. chain stores reported weak comparable sales in June. Crude oil, copper and gold declined more than 1%.
- Mukesh Buch
- 05 Jul, 2012
- New York City
Costco June same store sales rose 3% and Limited Brands increased of 7%. FedEx completes the acquisition of TATEX a French express transportation company. Volkswagen agreed to buy remaining half of sports car maker Porsche.
- Arthi Gupta
- 05 Jul, 2012
- New York City
The UK indexes traded sideways after the Bank of England expanded its asset purchase program but maintained record low interest rate. Home prices in the UK rose unexpectedly in June. Ireland raised
- Arthi Gupta
- 05 Jul, 2012
- New York City
U.S. indexes rose after weekly jobless claims fell and private sector employment rose in June. The European Central Bank cut key rate to 0.75% and the Bank of England expanded asset purchase plan. Walgreen agreed to purchase a regional drugstore chain for $438 million.
- Nigel Thomas
- 05 Jul, 2012
- New York City
Tokyo stocks edged down after a month-long rally that powered indexes to 2-month highs. Machinery and construction stocks traded higher and Nikon closed at 4-year high on the expectations of better than expected profits in the camera division.
- Marcus Jacob
- 05 Jul, 2012
- New York City
Australian stocks ended flat in a choppy trading as investors look ahead at central banks for additional monetary steps. Fairfax Media was in focus again after Gina Rinehart cut her stake down to 15%.