- 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
- Arthi Gupta
- 30 Aug, 2012
- New York City
Euro zone sentiment weakened, German unemployment rate held at 6.8%, Spanish inflation rose and Danish industrial confidence deteriorated in August. Swedish current account surplus declined in the second quarter.
- Bikram Pandey
- 29 Aug, 2012
- New York City
World markets were in a holding pattern ahead of central bankers gathering. Corporate deal making was in full swing after Japan based air-conditioner maker agreed to acquire the U.S. based Goodman Global for $3.7 billion. Oil futures fell as Hurricane Isaac misses oil platforms.
- Nigel Thomas
- 29 Aug, 2012
- New York City
Tokyo stocks gained ahead of the world central bankers meeting. Renesas Electronics soared 35% on the news that the private equity firm KKR is expected to invest $1.3 billion. Sharp gained on employee buyout plan. Ito En, the beverage maker plans to buyback shares and expand to Vietnam and Myanmar.
- Marcus Jacob
- 29 Aug, 2012
- New York City
Australian market indexes were flat as commodities price declined. Grocery wholesaler Metcash signed a $655 million deal to distribute liquor with 1,700 stores. WorleyParsons gained after higher core earnings and Transfield chief executive resigned on several profit downgrades.
- Mukesh Buch
- 29 Aug, 2012
- New York City
Genesco swung to profit and lifted fiscal outlook and Heinz first quarter net jumped 14% to $258 million. Joy Global sales increased but mining equipment maker lowered fiscal outlook. Fresh Market second quarter net surged 27%.
- Arthi Gupta
- 29 Aug, 2012
- New York City
The UK indexes tracked lower following weak European markets. The average home prices in England and Wales rose 0.3% in July. Ryanair planned to re-bid for Aer Lingus. Antofagasta first-half group revenue rose 3.5%.
- Arthi Gupta
- 29 Aug, 2012
- New York City
U.S. indexes advanced after gross domestic product increased an upwardly revised 1.7% in the second quarter. Japan-based Daikin agreed to acquire Goodman Global for $3.7 billion. Schnitzer Steel planned to slash 300 jobs.
- Arthi Gupta
- 29 Aug, 2012
- New York City
Accor swung to loss and Bouygues net declined 29% in the first-half. L''Oreal slumped 4.3% despite a rise in first-half sales and earnings. Volvo total deliveries from truck operations increased 5% in July.
- Arthi Gupta
- 29 Aug, 2012
- New York City
The European indexes trended lower and the latest batch of economic data offered slightly better outlook. Italy raised