- Mukesh Buch
- 30 Sep, 2011
- New York City
AZZ second quarter net income fell to $9.61 million. Ingersoll-Rand revised its third quarter and full-year revenues guidance. Lumber Liquidators narrowed its outlook for fiscal 2011. Micron Technology reported fourth quarter net loss of $135 million.
- Nigel Thomas
- 30 Sep, 2011
- New York City
Stocks in Japan were flat and investors turned cautious after weak global sentiment. Industrial production increased for the fifth month in a row and labor force declined to the 1987 level. Furukawa, Fujikura and Sumitomo Electric plunged on price fixing charges worries. Promise soared 18%.
- Marcus Jacob
- 30 Sep, 2011
- New York City
Australian stock closed flat after a volatile session. At the end of the week the benchmark index added 2.7% and in September the index declined 6.1%. Australian home prices declined 0.4% in August.
- Arthi Gupta
- 30 Sep, 2011
- New York City
The UK indexes declined on weak global economic data. UK consumer confidence rose in September. Ingersoll-Rand plunged 14.5% on weak third quarter and fiscal year 2011 outlook.
- Arthi Gupta
- 30 Sep, 2011
- New York City
U.S. and global indexes plunged after China
- Arthi Gupta
- 30 Sep, 2011
- New York City
Euro-zone annual inflation rose in September and jobless rate remained flat in August. German retail sales slumped 2.9% in August. French public debt and Denmark economy grew in the second quarter. Norway
- Arthi Gupta
- 30 Sep, 2011
- New York City
European indexes declined after inflation in September rose and the German retail sales declined 2.9%. China
- Bikram Pandey
- 29 Sep, 2011
- New York City
U.S. indexes soared after unemployment claims declined below 400,000 and the economic growth was revised higher to 1.3%. The market sentiment was also bolstered after German lawmakers supported the expanded participation in the rescue fund. Commodities gained and oil rebounded.
- Mukesh Buch
- 29 Sep, 2011
- New York City
Advanced Micro Devices lowered its revenue forecast for the third quarter. AutoZone board authorized the repurchase of additional $750 million of shares. Harleysville agreed to be acquired by Nationwide Mutual Insurance Co. Mosaic first quarter net earnings surged 77% to $526 million.
- Arthi Gupta
- 29 Sep, 2011
- New York City
U.S. indexes traded higher after weekly jobless claims fell 37,000 to 391,000 and the economy grew more than initially estimated in the second quarter. German lawmakers approved the resolution to increase the lending capacity of the European Financial Stability Facility.
- Arthi Gupta
- 29 Sep, 2011
- New York City
The UK indexes traded sideways despite positive developments in Europe. The UK mortgage approvals rose more than estimated and money supply growth slowed in August. However, home prices in the UK rose 0.1% in September.
- Bikram Pandey
- 28 Sep, 2011
- New York City
The jittery market indexes traded volatile as investors recalibrate hopes of quicker euro zone resolution. The slow moving political process is expected to lag the market expectations and indexes dropped 2% in New York. Europe lurches towards fiscal integration that may widen the rift among members.
- Bikram Pandey
- 06 Oct, 2011
- New York City
The 3-day rally in the U.S. stocks lifted the S&P 500 index 7% and small cap focused Russell 2000 index 11%. The dollar hovered near the recent highs and oil extended gains in the second day to 9%. European markets added 3%.
- Marcus Jacob
- 07 Oct, 2011
- New York City
Australian benchmark index gained for the third day in a row and closed up 3.9% in the week. Resources linked stocks led the gainers after commodities rebounded in Asian trading. National Leisure & Gaming ltd, the operator of 35 pubs entered into voluntary administration.
- Arthi Gupta
- 28 Sep, 2011
- New York City
The UK indexes fluctuated after home prices in England and Wales and Irish retail sales dropped in August. The UK corporate credit availability remained unchanged in the third quarter. LCH.Clearnet entered into exclusive talks with LSE.