- Arthi Gupta
- 21 Nov, 2011
- New York City
The UK indexes fell on the global economic outlook. The UK home prices declined in November and Ireland''s residential property price index fell in October. Centrica inked 10 year gas supply deal with Norway based Statoil ASA.
- Nigel Thomas
- 21 Nov, 2011
- New York City
Stocks in Japan fell as exports in October declined and the nation swung to a deficit in the month. Bank of Japan said it purchase more stock index linked ETFs and REITs that will support equities prices. Shipping companies dropped to a new 10-year low and auto makers stocks dig deeper into losses.
- Arthi Gupta
- 21 Nov, 2011
- New York City
U.S. debt panel is expected to not agree on deficit reduction plan as lawmakers prefer to wait till elections next year. Chevron accepted responsibility for oil spill in Brazil. Gilead agreed to acquire Pharmasset for $11 billion and Transatlantic to merge with Alleghany in $3.4 billion deal.
- Marcus Jacob
- 21 Nov, 2011
- New York City
Australian stocks edged lower after international markets declined. Japan reported declining exports to Japan and China. Qantas and unions fail to agree ahead of today
- Arthi Gupta
- 21 Nov, 2011
- New York City
Euro area current account balance swung to a surplus of
- Arthi Gupta
- 21 Nov, 2011
- New York City
European indexes slumped more than 2% as bond yield continue to rise. Spain
- Bikram Pandey
- 18 Nov, 2011
- New York City
The S&P 500 and Nasdaq indexes dropped 4% in the week. Global markets in the week lost as much as 5% in Europe and 3% in Asia. European leaders debate nearly two years after the crisis first erupted and the role of the European Central Bank and if it can lend directly to nations.
- Nigel Thomas
- 18 Nov, 2011
- New York City
Stocks in Tokyo edged lower as investors as export led companies battle record strong yen, weak outlook in the euro zone and supply disruption linked to Thailand floods. Tokio Marine estimated flood related costs of $1.3 billion and Mitsui estimated $1.7 billion.
- Mukesh Buch
- 18 Nov, 2011
- New York City
H. J. Heinz second quarter net decreased to $237 million. Motorola Mobility stockholder approve proposed merger with Google. Marvell Technology third quarter net decreased to $195.1 million. The Gap struggles with the revenue and earnings growth.
- Arthi Gupta
- 18 Nov, 2011
- New York City
The UK indexes traded lower as European leaders struggle to increase the role of the central bank in direct lending to nations. UK Prime Minister Cameron met with European leaders to press his case and resist the amendment to the Lisbon Treaty. The UK mortgage lending decreased 4% in October.
- Arthi Gupta
- 18 Nov, 2011
- New York City
U.S. stocks edged higher as bond yields in Europe declined a fraction. U.S. debt cutting commission members harden their position as deadline looms to cut expenditures. Boeing secured $21.7 billion worth order from Indonesia-based Lion Air for 230 737 aircraft.
- Marcus Jacob
- 18 Nov, 2011
- New York City
Australian stocks closed down on Friday and lost 2.8% in the week. Banks led the decliners on the worries that the turmoil in the euro zone may curb access to wholesale funding of $100 billion. Rio Tinto increased its offer for Canada based Hathor Exploration to $636 million.
- Arthi Gupta
- 18 Nov, 2011
- New York City
Producer prices in Germany eased but in Portugal remained unchanged in October. Italy''s current account deficit narrowed and industrial orders fell in September.
- Arthi Gupta
- 18 Nov, 2011
- New York City
European indexes declined on worries about the debt contagion to bigger euro area countries. The Italian Prime Minister Mario Monti won a vote of confidence in the Senate. UBS outlined plans to expand its wealth management unit and cut 2,000 staff in investment banking unit.
- Bikram Pandey
- 17 Nov, 2011
- New York City
Stocks in New York opened flat and dived as bond yields persisted at elevated levels. Jobless claims at the end of last week dropped to a 7-month low and housing market data showed a mixed snapshot. Eight largest stock markets in the world are down between 3.3% and 21% in the year so far.