- Arthi Gupta
- 05 Jul, 2012
- New York City
EU productivity declined and the consumer price inflation in the Netherlands remained unchanged in June. German construction sector continued to shrink but Swedish service production rose in May.
- Arthi Gupta
- 05 Jul, 2012
- New York City
The European indexes gained after the European Central Bank cut key rate. Spain sold
- Arthi Gupta
- 04 Jul, 2012
- New York City
The UK indexes declined after service sector growth slumped to an eight month low and shop price inflation eased in June. Manchester United filed for a New York listing. Tullow estimates record revenues in the first-half.
- Marcus Jacob
- 04 Jul, 2012
- New York City
Stocks in Tokyo traded higher as investors focused on the positives in the market and looked at the central banks of Europe and Japan for more actions. Resources linked stocks traded higher after commodities gained.
- Arthi Gupta
- 04 Jul, 2012
- New York City
The European indexes edged lower on weaker-than-estimated service sector activity in June. Investors look ahead for actions from European Central Bank and Bank of England tomorrow.
- Arthi Gupta
- 04 Jul, 2012
- New York City
Retail sales in the euro-zone increased unexpectedly in May. The euro area service sector data signaled a reduction in activity in June with many of the regions reporting contraction. Italian deficit to gross domestic product increased in the first quarter.
- Bikram Pandey
- 03 Jul, 2012
- New York City
U.S. indexes traded higher in a short session after factory orders increased in May and auto sales surged in June. Commodities also powered the rally after copper, gold and oil closed higher.
- Mukesh Buch
- 03 Jul, 2012
- New York City
Duke Energy completed its merger with Progress Energy. Microsoft wrote down $6.2 billion of assets in its online services division. SXC Health Solutions completed merger of Catalyst Health Solutions.
- Arthi Gupta
- 03 Jul, 2012
- New York City
U.S. indexes traded higher on the hopes of a central bank action. One Equity Partners agreed to acquire M*Modal for about $1.1 billion. Rexam proposed to sell its personal care business for $709 million. Chrysler reported a 20% increase in total U.S. sales for June.
- Bikram Pandey
- 03 Jul, 2012
- New York City
UK politicians stepped up heat on Barclays after the global bank encouraged rate setting for the London interbak offered rate or Libor. More resignations are likely after Robert Diamond Jr resigned as politicians and regulators target culture of recklessness and outsize greed.
- Arthi Gupta
- 03 Jul, 2012
- New York City
The European indexes rose on speculation that central bank may step up actions as the euro area producer price inflation declined to a 27-month low and UK mortgage approvals fell in May. Spanish unemployment dropped in June. BlackRock agreed to acquire Swiss Re Private Equity Partners.
- Nigel Thomas
- 03 Jul, 2012
- New York City
Stocks in Tokyo extended gains for the second day and the Nikkei index closed above 9,000 for the second time in a row and at an 8-week high. All Nippon Airways Co Ltd plunged 14% and said it plans to raise $2.5 billion. Kawasaki Kisen Kaisha dropped 15% and said it plans to sell 200 million shares.
- Marcus Jacob
- 03 Jul, 2012
- New York City
Australian markets closed lower after a choppy day of trading. Energy companies traded lower after a renewed weakness in crude oil and natural gas prices but metals and mining companies gained.
- Bikram Pandey
- 02 Jul, 2012
- New York City
U.S. stocks drifted lower as the latest economic data reinforced weakening global scenario. Manufacturing weakened in the U.S., Europe and China and jobless rate surged to a record high in the euro zone. More than $12 billion of deals were announced on Monday.
- Mukesh Buch
- 02 Jul, 2012
- New York City
Bristol-Myers agreed to acquire Amylin for $5.3 billion. Dell to buy Quest Software deal $2.4 billion in cash. Ingram agreed to acquire BrightPoint valued $840 million. Medical equipment maker Lincare signed a deal with Linde Group in a cash of $4.6 billion.