- Bikram Pandey
- 02 Oct, 2012
- New York City
Wall Street gains evaporated after hopes of immediate bailout for Spain receded. Markets consolidated recent gains after indexes surged more than 6% in the last five weeks and broader indexes gain more than 14% in the year.
- Devan Biswas
- 02 Oct, 2012
- New York City
John Wiley said it agreed to acquire online education service provider Deltak.edu for $220 million.
- Nichole Harper
- 02 Oct, 2012
- New York City
Wall Street edged lower after opening sharply higher as Fed Chairman Bernanke offered cautious views on the economy. Investors look ahead at the meeting of central banks this week. Chrysler led September sales with a rise of 12%.
- Devan Biswas
- 02 Oct, 2012
- New York City
European markets extended gains for the second day on the hopes that Spanish bailout is in works and may be finalized as early as this weekend. Greece and troika inspectors struggled to finalize austerity steps before the release of next bailout tranche. The euro edged higher from a three-week low.
- Nichole Harper
- 01 Oct, 2012
- New York City
Stocks on Wall Street advanced after the latest manufacturing survey indicated a rebound and new orders index also gained in September. Macy
- Bikram Pandey
- 01 Oct, 2012
- New York City
Financial markets across Europe gained after Spain was deemed to need less than previously expected in a bank bailout. However, the broader economic outlook in the region remained week as unemployment surged to a record high of 11.4%.
- Arthi Gupta
- 26 Sep, 2012
- New York City
U.S. indexes tracked lower European markets after protests in Spain and Greece lifted tensions in the bond market and Spanish yields rose near 6%. Ford plans jobs cut in Europe. Onex agreed to acquire KraussMaffei for
- Arthi Gupta
- 26 Sep, 2012
- New York City
Infineon revised fourth quarter revenue guidance. Banco Santander priced initial public offering of its Mexican subsidiary. ICAP estimated first-half group revenue to be lower than the previous year.
- Arthi Gupta
- 26 Sep, 2012
- New York City
The European indexes dropped more than 2% as politicians face street protests. Italy raised
- Bikram Pandey
- 25 Sep, 2012
- New York City
U.S. stocks drifted lower at close after a Fed official criticized the latest stimulus plan from the Fed and Caterpillar lowered its outlook in 2015. Metropolitan home prices in twenty largest cities increased for the third month in a row.
- Mukesh Buch
- 25 Sep, 2012
- New York City
Carnival Corp profit nearly was flat and FactSet net jumped 19%. Neogen net climbed 12% and Red Hat net declined 13%. Paychex estimated fiscal revenues to increase as much as 6%. Staples announced restructuring. Vail Resorts lowers its fiscal outlook.
- Nigel Thomas
- 25 Sep, 2012
- New York City
Stocks in Tokyo advanced ahead of the interim dividend deadline. Machinery and equipment makers declined after Caterpillar lowered its 2015 outlook. Panasonic, Toyota and Sony were among the companies the closed higher ahead of going ex-dividend tomorrow.
- Marcus Jacob
- 25 Sep, 2012
- New York City
Australian markets traded lower after commodities and iron ore prices declined. Fortescue Metals awarded $1.5 billion mine management contract to Leighton Holdings.
- Arthi Gupta
- 25 Sep, 2012
- New York City
U.S. indexes trend higher in early pre-market trading. The IMF Chief Lagarde urged European policymakers to approve single banking authority. Caterpillar lowered earnings guidance for 2015. C.H. Robinson agreed to acquire Phoenix International.
- Arthi Gupta
- 25 Sep, 2012
- New York City
Diageo confirmed that it is in talks to acquire an interest in United Spirits. Sanofi planned to slash approximately 900 jobs in France by the year 2015. Smurfit Kappa Group agreed to acquire Orange County Container Group for $340 million.