- Mukesh Buch
- 31 Aug, 2012
- New York City
Esterline Technologies reported quarterly loss. Gordmans Stores net jumped 21% on flat comparable sales. OmniVision net tumbled 95% and SAIC net plunged 38%.
- Marcus Jacob
- 31 Aug, 2012
- New York City
Australian stocks were generally quiet as the earnings season winds down and investors await the release of economic data from China this weekend. Resource sector stocks were in focus on the prospect of profit decline. Harvey Norman, the retailer reported full-year net declined.
- Arthi Gupta
- 31 Aug, 2012
- New York City
The UK market indexes advanced and consumer confidence index remained unchanged and home prices declined in August. Computacenter first-half group revenue rose 4.2% to
- Arthi Gupta
- 31 Aug, 2012
- New York City
U.S. indexes shot up at the opening on the prospect of new actions from the ECB. Investors are focused on the world meeting of central bankers where the Federal Reserve Chairman Ben Bernanke is scheduled to speak later today. SAIC planned to separate into two publicly traded companies.
- Arthi Gupta
- 31 Aug, 2012
- New York City
Essilor revenue climbed 23% and profit advanced 16.4% in the first-half. Lagardere first-half net income rose to
- Arthi Gupta
- 31 Aug, 2012
- New York City
The European indexes were generally flat after inflation in the region rose to 2.6% and jobless rate inched up to a record high of 11.3%. Spanish current account deficit fell in June but net capital outflow from the banking system accelerated.
- Arthi Gupta
- 31 Aug, 2012
- New York City
Euro zone inflation climbed to 2.6% in August. Jobless rate in the euro area rose to a record 11.3%, German retail sales declined unexpectedly and Italian jobless rate stable in July.
- Bikram Pandey
- 30 Aug, 2012
- New York City
World markets were on the defensive after latest economic data from the euro zone, Japan, South Korea showed more weakness and the U.S. personal spending rose the most in five months and income gained for the eighth month in a row. Carlyle keeps the offensive in deal making.
- Mukesh Buch
- 30 Aug, 2012
- New York City
Bio-Reference declined but net soared 25%. Networking gear maker Ciena declined on weak sales outlook. Costco reported sales increase in August. Greif net declined 39% and lowered fiscal outlook. Pandora Media jumped.
- Arthi Gupta
- 30 Aug, 2012
- New York City
The UK indexes slid in listless trading and mortgage approvals rose in July. Accenture agreed to acquire Singapore-based NewsPage. Barclays appointed Antony Jenkins as a director and chief executive. JJB Sports plunged 82% after deciding to seek a buyer.
- Nigel Thomas
- 30 Aug, 2012
- New York City
The benchmark index in Tokyo declined 1% after retail sales fell in July and on a decelerating auto sales growth and stagnant wages. Construction machinery stocks declined after iron ore prices fell to the low last seen in 2009.
- Arthi Gupta
- 30 Aug, 2012
- New York City
U.S. indexes fell after weekly jobless claims remained unchanged at 374,000 and personal income rose in July. Carlyle Group agreed to purchase DuPont Performance Coatings for $4.9 billion. Darden Restaurants completed acquisition of Yard House USA.
- Marcus Jacob
- 30 Aug, 2012
- New York City
Australian stocks closed lower as iron ore prices declined to a 3-year low. Fortescue chairman, Andrew Forrest increased stake in the third largest iron ore company for the second day in a row. Building approvals dropped 17.3% in July and private sector capital spending increase slowed to 3.4% rise.
- Arthi Gupta
- 30 Aug, 2012
- New York City
Carrefour net loss narrowed and INDUS group sales rose to
- Arthi Gupta
- 30 Aug, 2012
- New York City
The European indexes declined and German unemployment rate held at 6.8%. Italy raised