- Mukesh Buch
- 21 Sep, 2011
- New York City
Adobe third quarter net income fell to $195.1 million. General Mills first quarter net income decreased 14% to $405.6 million. Realty Income secondary offering of 6 million shares was priced at $34 a share. Walter Energy revised second half 2011 sales expectations.
- Marcus Jacob
- 21 Sep, 2011
- New York City
Stocks in Australia gained after China
- Bikram Pandey
- 20 Sep, 2011
- New York City
The U.S. indexes advanced sharply at the opening but lost all the gains by the close as the Fed rate setting committee wraps up the 2-day meeting tomorrow. The IMF cut sharply the economic growth outlook for the U.S. and Europe and estimated sustained growth rates in emerging nations.
- Arthi Gupta
- 20 Sep, 2011
- New York City
The UK indexes rose after gross mortgage lending increased to 25-month high but Irish manufacturing output prices decreased in August. Lloyds Banking Group slumped 4%.
- Arthi Gupta
- 20 Sep, 2011
- New York City
U.S. indexes gained ahead of the FOMC meeting today. Housing starts fell more than estimated in August. IATA raised 2011 outlook. U.S. court overthrew Chevron injunction against Ecuador court verdict. GE announced new customer agreements worth more than $3 billion.
- Mukesh Buch
- 20 Sep, 2011
- New York City
AutoZone fourth quarter net increased 12% to $301.5 million. American Water Works increased its earnings estimate. Carnival Corp
- Nigel Thomas
- 20 Sep, 2011
- New York City
Stocks in Japan declined and the benchmark index dropped 1.6%. Shipping companies fell after the freight rate measure declined 3%. Banks were among the leading decliners. Nissan Motor plans to source more parts from China and Korea.
- Arthi Gupta
- 20 Sep, 2011
- New York City
German and Dutch sentiment deteriorated in September and Switzerland lowered growth outlook for 2011 and 2012. Italian industrial orders rose in July. Hungary left the benchmark two-week deposit rate unchanged at 6%.
- Marcus Jacob
- 20 Sep, 2011
- New York City
The Australian stocks declined on the persistent worries related to the euro zone and growing pessimism about the prospect of Greek default. Italy rejected a debt downgrade by S&P. Resource stocks and banks declined in Sydney trading. Metcash won an interim court ruling to acquire Franklins.
- Arthi Gupta
- 20 Sep, 2011
- New York City
The European indexes pared losses on optimism that Greece may reach an agreement with lenders on the next bailout tranche. Italy rejected a rating downgrade from S&P. Spain sold
- Bikram Pandey
- 19 Sep, 2011
- New York City
U.S. indexes dropped nearly 2% as markets reacted for the first time after European ministers delayed the decision to release the next tranche of Greek bailout. The euro declined and oil fell. In late afternoon rally, stocks recovered most of the losses in New York.
- Mukesh Buch
- 19 Sep, 2011
- New York City
Lennar third quarter net income decreased to $20.7 million. Netflix expect to split its DVD-by-mail service. Tyco International plan to separate three independent publicly traded companies. United Technologies intended to acquire Goodrich.
- Arthi Gupta
- 19 Sep, 2011
- New York City
The UK indexes slumped 2% on the ongoing European debt crisis. European finance ministers failed to approve the Greek bailout portion. The UK household finance index eased but home prices climbed in September.
- Arthi Gupta
- 19 Sep, 2011
- New York City
U.S. and global indexes slumped after European finance ministers failed to approve the Greek bailout portion. President Obama
- Marcus Jacob
- 19 Sep, 2011
- New York City
Stocks in Australia turned lower following the declines in the Asian markets. European ministers failed to release the