- Arthi Gupta
- 01 Aug, 2011
- New York City
European manufacturing activity fell in July. Euro area jobless rate remained flat at 9.9% and Italy jobless rate dipped in June to 8% and Danish retail sales fell.
- Arthi Gupta
- 01 Aug, 2011
- New York City
European indexes traded higher after the U.S. lawmakers agreed on a spending framework that may worsen unemployment in the next two years. EADS agreed to acquire Vizada for $960 million. The euro-zone unemployment was flat in 9.9%. TNT quarterly earnings slumped 85%.
- Marcus Jacob
- 01 Aug, 2011
- New York City
The Australian benchmark index rebounded from the lows of 11-month after the U.S. lawmakers agreed on a framework to cut spending and lift debt ceiling that may not cut unemployment and hut the economy more in the short term.
- 123jump.com Staff
- 01 Aug, 2011
- New York City
The natural and organic foods supermarket said quarterly sales increased 11% to $2.4 billion. Comparable store sales rose 8.4% or 17.2% on a two-year stacked basis. Net quarterly income surged 35% to $88.5 million. Earnings per share grew to 50 cents versus 38 cents per share a year-ago quarter.
- Bikram Pandey
- 29 Jul, 2011
- New York City
U.S. stocks struggled in anticipation that the House will make a progress on the debt vote and the Senate and the White House will find the agreement with the opposition. GDP growth slowed to 1.3% in the second quarter and depth of the 2007-2009 recession was revised deeper.
- Mukesh Buch
- 29 Jul, 2011
- New York City
American Electric Power second quarter net earnings rose to $352 million. Amgen second quarter net income fell to $1.17 billion. Chevron second quarter net income surged to $7.73 billion. Merck second quarter net income rose to $2.02 billion. Starbucks third quarter net earnings rose 34% to $2.8 bn.
- Arthi Gupta
- 29 Jul, 2011
- New York City
The UK indexes dropped after consumer confidence fell to a two-year low in July and home prices increased 0.2% in July. UK mortgage approvals increased in June. British Sky Broadcasting net declined 8%.
- Arthi Gupta
- 29 Jul, 2011
- New York City
U.S. indexes declined after GDP expanded at a slower pace of 1.3% in the second quarter. The debt ceiling impasse continued after the Republican lawmakers delayed a critical vote yesterday. Merck plans to cut up to 13,000 positions by the end of 2015.
- Nigel Thomas
- 29 Jul, 2011
- New York City
Stocks in Japan fell for the third day in a row as the U.S. faces debt default. The irresponsible lawmakers in the House are playing reckless with the U.S. economic recovery and the endangering world economic growth. Nintendo plunged 20% on weak sales and Nisshin Steel lifted annual earnings view.
- Arthi Gupta
- 29 Jul, 2011
- New York City
Euro-zone inflation eased to 2.5% in July. German retail sales rose more than estimated and French consumer spending improved in June. Spain jobless rate declined to 20.9% in the second quarter.
- Arthi Gupta
- 29 Jul, 2011
- New York City
European indexes traded lower after ratings agency placed Spain''s ratings on review for possible downgrade. The U.S. debt ceiling impasse added to traders
- Marcus Jacob
- 29 Jul, 2011
- New York City
The Australian benchmark index declined to 11-month low as the global economic growth was endangered by the irresponsible U.S. lawmakers. U.S. is only three days away from a debt default that could slow the incipient economic recovery and raise rates worldwide.
- Bikram Pandey
- 28 Jul, 2011
- New York City
The Republican Party controlled U.S. House is expected to vote on the revised deficit bill as investors demand a plan for a loge term debt solution that needs cuts in military and increase taxes for wealthy. Stocks wavered and gold and commodities traded near recent highs.
- Mukesh Buch
- 28 Jul, 2011
- New York City
Aflac second quarter net earnings declined 52%. CME second quarter net rose 8% to $293.7 million. Exxon Mobil second quarter net income surged 41% to $10.7 billion. E.I. du Pont second quarter net income rose 5% to $1.2 billion. Royal Dutch Shell second quarter net income surged 97% to $8.7 billion.
- Arjun Dave
- 28 Jul, 2011
- New York City
The U.S. indexes trended lower as the House prepares to vote on a revised spending plan. The U.S. may not be able to avert a debt downgrade. Weekly jobless claims fell below 400,000. Exxon Mobil quarterly net fell on lower refining margins.