- Marcus Jacob
- 28 Jun, 2012
- New York City
Australian indexes lost most the gains of the day in late afternoon as the prospect of an outcome from the meeting of European leaders. News Corp said it will separate its news and entertainment operations. Caltex gained on higher profit estimate.
- Arthi Gupta
- 28 Jun, 2012
- New York City
The European indexes slumped ahead of the EU summit. Italy raised
- Bikram Pandey
- 27 Jun, 2012
- New York City
U.S. stocks advanced after durable goods orders rose for the first time since February and pending home sales increased. The pace of improvement though small and halted supported market enthusiasm on the rising merger activities.
- Devan Biswas
- 27 Jun, 2012
- New York City
UK based Barclays agreed to pay fines of more than $450 million to the U.S. and UK regulatory authorities after the bank admitted to manipulating the Libor, the London interbank offered rate and Euribor.
- Nigel Thomas
- 27 Jun, 2012
- New York City
Japanese stock indexes increased for the first time after three days of losses on a rebound in consumer focused stocks and home builders. Construction companies gained on the hopes of advance purchases ahead of sales tax increase in 2014.
- Marcus Jacob
- 27 Jun, 2012
- New York City
Australian stocks rebounded after losses of four days and stocks in the resource, media and banking sector led the gainers. News Corp gained on the hopes that the controversial media group may separate its maligned news division from its popular and larger entertainment unit.
- Mukesh Buch
- 27 Jun, 2012
- New York City
General Mills fourth quarter net was ahead of expectations but issues a weak 2013 outlook. Lennar soared after quarterly profit surged to $452.7 million. Monsanto third quarter net increased 1.6% to $937 million.
- Arthi Gupta
- 27 Jun, 2012
- New York City
U.S. indexes climbed after durable goods orders rose in May. Merger activity heat up for the second day and Loral agreed to sell Space Systems for $1 billion. Liberty Global and Searchlight agreed to buy OneLink for $585 million. SS&C Technologies acquired GlobeOp for
- Arthi Gupta
- 27 Jun, 2012
- New York City
Pressure on European leaders intensified as Spain slides closer to a bailout as the recession deepens and government faces unsustainable cost of debt refinancing. Italy sold
- Bikram Pandey
- 26 Jun, 2012
- New York City
U.S. indexes edged higher as European leaders prepare to deepen fiscal and banking union. U.S. consumer confidence dropped to a five-month low and home prices showed a slight improvement in a private but controversial survey. Italy was forced to an aid to a bank for the first time in two years.
- Mukesh Buch
- 26 Jun, 2012
- New York City
Apollo Group said quarterly net declined 37% and Coinstar cuts fiscal earnings outlook. LDK Solar swung to a quarterly loss. Coca-Cola plans to invest additional $3 billion in India by the end of the decade.
- Arthi Gupta
- 26 Jun, 2012
- New York City
The UK indexes gained after public sector net borrowing rose in May. Irish factor gate inflation eased to six-month low in May. BP agreed to sell its interests in the Alba and Britannia fields to Mitsui for $280 million.
- Arthi Gupta
- 26 Jun, 2012
- New York City
U.S. indexes rebounded ahead of the consumer confidence report. SBA Communications agreed to acquire tower sites from TowerCo for $1.45 billion and Coca-Cola committed additional $3 billion in India.
- Nigel Thomas
- 26 Jun, 2012
- New York City
Tokyo stocks declined for the third day in a row and lawmakers in the lower house approve the plan to double sales tax to 10% and the measure is expected to pass in the upper house. Nippon Electric Glass Co declined after it lowered its income outlook.
- Arthi Gupta
- 26 Jun, 2012
- New York City
The European indexes fell after 28 Spanish banks were downgraded. Spain raised