- Arthi Gupta
- 21 Sep, 2012
- New York City
U.S. indexes gained on the rising hopes that Spain may request a formal bailout as early as next week. iPhone 5 launch attracted worldwide fans and sales are expected to exceed 10 million in two weeks. Oracle quarterly earnings rose 11%. KB Home swung to quarterly profit.
- Arthi Gupta
- 21 Sep, 2012
- New York City
The European indexes advanced on speculation that Spain is nearing a bailout request. Italy estimated contraction to deepen to 2.4% this year. Greece failed to reach an agreement with its coalition partners on spending cuts demanded by the troika.
- Arthi Gupta
- 21 Sep, 2012
- New York City
Italy deepened its estimate of recession this year. Euro zone consumer confidence unexpectedly fell in September. German leading index climbed and Dutch consumer spending declined in July.
- Arthi Gupta
- 21 Sep, 2012
- New York City
adidas reduced Reebok 2015 sales target to
- Bikram Pandey
- 20 Sep, 2012
- New York City
World markets and indexes in New York closed down after economic data from the euro zone, China and Japan indicated weakening outlook. Global deal making continues despite market uncertainties. The U.S. dollar strengthened, oil decreased and gold and copper eased.
- Arthi Gupta
- 20 Sep, 2012
- New York City
The UK indexes edged lower tracking weak global economic data. The UK retail sales fell less than estimated in August. The Irish economy stagnated in the second quarter.
- Mukesh Buch
- 20 Sep, 2012
- New York City
ConAgra jumped on quarterly results and lifted fiscal outlook. CarMax quarterly net was nearly flat. IHS cuts fiscal guidance. Rite Aid loss narrowed and lowered fiscal outlook. Scholastic loss widened.
- Arthi Gupta
- 20 Sep, 2012
- New York City
U.S. indexes fell after weekly jobless claims slid and manufacturing index was flat in September. Exxon agreed to acquire Denbury
- Nigel Thomas
- 20 Sep, 2012
- New York City
The benchmark index in Tokyo dropped the most in three months after the latest economic data from China indicated a slowdown in manufacturing. The fall in exports and imports widened the August month trade deficit in Japan.
- Arthi Gupta
- 20 Sep, 2012
- New York City
The European indexes declined on weak Chinese manufacturing data. For the second time this week, demand exceeded at Spanish debt auction. Peugeot agreed to sell 75% stake in Gefco to JSC Russian Railways for
- Marcus Jacob
- 20 Sep, 2012
- New York City
Australian markets lost ground after the latest economic data from China and Japan put investors on the defensive. Fortescue Metals agreed to pay $715 million royalty to Leucadia National. Kathmandu suggested better outlook in the current fiscal year.
- Arthi Gupta
- 20 Sep, 2012
- New York City
German producer prices rose and Swiss trade surplus fell in August. The euro zone private sector contracted and French manufacturing PMI fell in September. Italian industrial orders rose unexpectedly in July.
- Arthi Gupta
- 20 Sep, 2012
- New York City
Kleinwort Benson agreed to acquire BHF-BANK for
- Bikram Pandey
- 19 Sep, 2012
- New York City
Markets in New York and around the world were on the upswing after Bank of Japan decided to ease monetary stance and existing home sales increased to a rate last seen 2-years ago. Oil declined for the third day in a row on the global growth worries.
- Arthi Gupta
- 19 Sep, 2012
- New York City
The UK indexes advanced after Japan announced stimulus measures to boost economic growth. The Bank of England policymakers were unanimous in their decisions on quantitative easing and interest rate. Lonmin reached a settlement with management on wages.