- Arthi Gupta
- 16 Aug, 2011
- New York City
European indexes slumped after euro area economic growth slowed more than estimated in the second quarter. German and French leaders will meet today in Paris to discuss the euro area debt crisis. AEGON decided to sell its UK-based Guardian life and pension business to Cinven for
- Bikram Pandey
- 15 Aug, 2011
- New York City
Indexes rallied on the first day of this week after $15 billion of deals and the markets in Europe were also calm ahead of the meeting between the leaders of France nd Germany. Gold added 1.4% and crude oil jumped 3%.
- Mukesh Buch
- 15 Aug, 2011
- New York City
Bank of America agree to sell its credit card business to TD Bank for $8.6 billion. Google agreed to acquire Motorola Mobility at 64% premium for $12.5 billion. Lowe''s second quarter net earnings declined 0.2% to $830 million. Time Warner will acquire Insight Communications for $3 billion in cash.
- Arthi Gupta
- 15 Aug, 2011
- New York City
The UK indexes gained nearly 1% on the first day of trading after a week of wild swings. Home prices in the UK fell for the second month in a row in August. Spectris agreed to acquire U.S.-based Omega Engineering for
- Arthi Gupta
- 15 Aug, 2011
- New York City
U.S. indexes rose after Japanese economy contracted much less than estimated. Google agreed to acquire Motorola Mobility in $12.5 billion deal. Time Warner Cable agreed to buy Insight for $3 billion. National Oilwell Varco signed $1.5 billion deal with Brazil-based Estaleiro Atlantico Sul.
- Nigel Thomas
- 15 Aug, 2011
- New York City
Stocks in Japan surged the most in six weeks after the government said the economy shrank at a slower pace than expected in the latest quarter. Exporters and auto makers gained after finance ministry indicated more steps to weaken the yen.
- Arthi Gupta
- 15 Aug, 2011
- New York City
German factory employment climbed but Swedish industrial output fell in June. Denmark factory prices rose, Czech producer price inflation eased, and Swiss producer and import price index declined in July.
- Arthi Gupta
- 15 Aug, 2011
- New York City
European indexes edged higher after a tumultuous last week on optimism of global economic recovery. The Italian cabinet approved
- Marcus Jacob
- 15 Aug, 2011
- New York City
The benchmark indexes in Australia soared 2.6% after investors snapped up resources linked companies. Newcrest Mining reported a sharp jump in net income and guided 12% higher earnings per share in the current fiscal year.
- 123jump.com Staff
- 15 Aug, 2011
- New York City
The automotive aftermarket parts retailer total quarterly sales increased 4.4% to $1.48 billion on comparable store sales gain of 2.5%. Net income rose 12% to $113.1 million in the quarter. Earnings per share grew to $1.46 from $1.16 per share a year-ago quarter.
- Bikram Pandey
- 12 Aug, 2011
- New York City
The U.S. indexes jumped higher for the second day in a row after a turbulent week that saw indexes bounce up and down over 4%. For the week, the S&P 500 index fell 1.7%, declined 9% in the month and dropped 6% in the year so far.
- Mukesh Buch
- 12 Aug, 2011
- New York City
DeVry fourth quarter net income increased 5% to $75.2 million. J. C. Penney reported second quarter net income flat to $14 million. Nordstrom second quarter net income increased 20% to $175 million. Nvidia second quarter net income rose to $151.6 million.
- Arthi Gupta
- 12 Aug, 2011
- New York City
The UK indexes rose led by banks. Normality returned in the UK after four days of arson and looting. France, Italy, Spain and Belgium banned short-selling of financial stocks. The UK construction output grew 2.3% in the second quarter, more than the initial estimate.
- Arthi Gupta
- 12 Aug, 2011
- New York City
U.S. indexes gained after retail sales rose 0.5% in July. France, Italy, Spain and Belgium banned short-selling of financial stocks. The French economy recorded zero growth in the second quarter. The EU/IMF approved
- Nigel Thomas
- 12 Aug, 2011
- New York City
Stocks in Japan fell and the Nikkei index dropped 3.6% after a volatile week of trading. The government lowered its economic outlook in the current year to 0.5% from 1.5% on the persistent supply chain and production problems after the earthquake and power shortage. Banks are down 20% in the year.