- Arthi Gupta
- 24 Oct, 2012
- New York City
U.S. indexes gained ahead of the release of existing home sales data. Dow Chemical planned to cut about 2,400 jobs as part of its restructuring plans. Bard agreed to acquire Neomend for $140 million. Facebook soared 20% after revenues increased 32%.
- Marcus Jacob
- 24 Oct, 2012
- New York City
Australian markets eased after inflation jumped more than expected in the three months to September but still within the target range set by the central bank. The latest increase was driven by the introduction of carbon tax.
- Arthi Gupta
- 24 Oct, 2012
- New York City
The European indexes advanced. German confidence deteriorated, euro area private sector activity fell to a 40-month low, and UK factory orders fell unexpectedly in October. Rolls-Royce won a $2.6 billion order from Singapore Airlines.
- Arthi Gupta
- 24 Oct, 2012
- New York City
Puma estimates annual net earnings to be significantly less than last year. Home Retail half-year sales slid 1% to
- Nigel Thomas
- 23 Oct, 2012
- New York City
Stocks in Japan closed higher for the seventh day in a row as the yen softened to a 4-month low. Utilities dropped more than 6% after Kansai Electric was said to cancel its annual dividend and report a loss in six-month period.
- Marcus Jacob
- 23 Oct, 2012
- New York City
Australian indexes closed flat after early gains. Ten Networks confirmed a lower bid of $110 million for its outdoor advertising business. UBS confirmed that a client placed a large order of $200 million that was later cut to $56 million and contributed to the spike in eight stocks on last Thursday.
- Arthi Gupta
- 23 Oct, 2012
- New York City
U.S. indexes edged lower and investors focus on the two-day FOMC meeting starting today. Chesapeake completed the sale of its Permian Basin asset sales. DuPont plans eliminating about 1,500 positions globally in the next 12 to 18 months.
- Arthi Gupta
- 23 Oct, 2012
- New York City
The European indexes declined and Spain raised
- Arthi Gupta
- 23 Oct, 2012
- New York City
ARM revenue climbed to
- Bikram Pandey
- 22 Oct, 2012
- New York City
Stocks in New York and in Europe drifted after earnings worries resurfaced. Japan reported a sharp decline in exports for the fourth month in a row and Caterpillar lowered outlook. Russia controlled Rosneft agreed to acquire TNK-BP joint venture for $55 billion and tighten control of energy supply.
- Arthi Gupta
- 22 Oct, 2012
- New York City
The European indexes edged lower on weak Japanese trade data. Euro area government deficit dropped in 2011. The German economy is estimated to shrink in the fourth quarter. The UK household finance index rose in October.
- Barry Randall
- 22 Oct, 2012
- New York City
Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.
- Barry Randall
- 22 Oct, 2012
- New York City
Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.
- Barry Randall
- 22 Oct, 2012
- New York City
Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia based Rosneft agreed to acquire the entire joint venture BP-TNK.
- Barry Randall
- 22 Oct, 2012
- New York City
Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.