- Arthi Gupta
- 25 Sep, 2012
- New York City
The European indexes extended losses for the second day. Italy and Spain completed bond auctions today. UK mortgage approvals rose in August. Cairn Energy sold 8% stake in Cairn India for $910 million.
- Bikram Pandey
- 24 Sep, 2012
- New York City
U.S. indexes were firm as attention in Europe shifts to a broader economic decline as France and Spain struggle to release budgets that meet the European Union guidelines and contain the widening unemployment. Yields on the U.S. Treasuries and prices of gold, copper and crude oil fell.
- Nigel Thomas
- 24 Sep, 2012
- New York City
The Nikkei index in Tokyo edged lower after international trading offered weak outlook and gathering storms on relationship with China. Toyota resumes production at all nine factories in China today. All Nippon Airways plans to order 11 Dreamiliners from Boeing at list price of $3.3 billion.
- Mukesh Buch
- 24 Sep, 2012
- New York City
Black Diamond agreed to acquire PIEPS Holding GmbH. Covidien to buy CNS Therapeutics for $100 million. Lennar net climbed on sales. TiVo settled its pending patent litigation with Verizon.
- Arthi Gupta
- 24 Sep, 2012
- New York City
The UK indexes slid after the household finance index dropped in September. Royal Bank of Scotland plans to slash 300 more jobs at its investment banking unit. A.G. Barr first half turnover rose 4.9% to
- Arthi Gupta
- 24 Sep, 2012
- New York City
U.S. indexes opened lower as the attention in the euro zone crisis shifted to Spain and France and German business confidence declined. Tomkins agreed to sell its air distribution division for $1.1 billion. Home builders Lennar and KB Home gained on quarterly results.
- Marcus Jacob
- 24 Sep, 2012
- New York City
Australian markets and dollar were on the defensive and the government reported smaller than expected final fiscal year budget deficit in the previous year. Resource stocks were on the decline after commodities prices fell in local trading.
- Arthi Gupta
- 24 Sep, 2012
- New York City
The European indexes edged lower ahead of draft budgets from Spain and France. Germany sold
- Arthi Gupta
- 24 Sep, 2012
- New York City
German business sentiment declined for the fifth month in a row in September. Hungarian retail sales declined in July. The Dutch economy expanded in the second quarter. Italian non-EU deficit narrowed in August.
- Arthi Gupta
- 24 Sep, 2012
- New York City
Julius Baer plans to cut up to 880 jobs at overseas wealth management business of Merrill Lynch. Aryzta full year group revenue rose 8.5% to
- Bikram Pandey
- 21 Sep, 2012
- New York City
World markets consolidate after solid advances in the last two weeks powered by moves from central banks. The S&P 500 index closed down for the first time in three weeks. Gold and oil rebounded. Glencore delays Xstrata merger plan. Japan Airlines sinks below its offer price.
- Nigel Thomas
- 21 Sep, 2012
- New York City
Stocks rebounded in Tokyo after falling the most in three weeks as investors turned focus to domestic companies and defensive sectors. Sharp Corp surged 5% on reports that the company is in talks with Intel Corp. Japan Tobacco gained 3%.
- Arthi Gupta
- 21 Sep, 2012
- New York City
The UK indexes dropped after the home price sentiment index rose in September and budget deficit surged to a new record in August. The Bank of England Governor Mervyn King forecasted slow recovery in the UK.
- Mukesh Buch
- 21 Sep, 2012
- New York City
Cintas net jumped 12% and reiterated fiscal outlook. Darden Restaurants quarterly net was ahead of expectations. KB Home net swung to profit as sales jump. Oracle first quarter net climbed 11% to $2.03 billion. Rockwell updated fiscal 2013 views.
- Marcus Jacob
- 21 Sep, 2012
- New York City
Australian stocks consolidated gains in the second week as commodities prices regain upward momentum. Premier Investments soared after fiscal 2012 net jumped 69%. Origin Energy forecasted natural gas demand to triple in the next five years.