- Arthi Gupta
- 21 Jul, 2011
- New York City
European indexes traded lower ahead of the euro-zone summit in Brussels today as France and Germany struck a deal to provide a bailout and restrict private lenders participation. The Spanish Treasury completed the sale of
- Nigel Thomas
- 21 Jul, 2011
- New York City
Stocks in Japan edged higher on a regional rally and after it posted a surprise trade surplus in June. The exports decline slowed to 1.6% fall in the month but imports rose to 9.8%. Japan still logged the third largest trade deficit in the first half since record keeping began in 1979.
- Marcus Jacob
- 21 Jul, 2011
- New York City
The benchmark index in Australia closed higher after resource stocks rebounded. The world sentiment improved after the U.S. debt talks progressed and European minister appear to have a plan for the second Greek bailout. Newcrest Mining said gold production soared 16%.
- 123jump.com Staff
- 21 Jul, 2011
- New York City
The information technology company reported total quarterly revenues rose 12% to $26.7 billion. Net income in the quarter increased 8% to $3.7 billion. Earnings per diluted share grew to $3.00 compared to $2.61 per diluted share in the same quarter last year.
- Mukesh Buch
- 20 Jul, 2011
- New York City
Abbott second quarter net earnings soared 50% to $1.9 billion. Apple third quarter net profit surged to $7.31 billion. BlackRock second quarter net income surged 45% to $619 million. Ecolab made merge agreement with Nalco for $8 bn. United Technologies second quarter net income rose 21%to $1.32 bn.
- Bikram Pandey
- 20 Jul, 2011
- New York City
The U.S. indexes traded sideways after 90% of the 65 companies in the S&P 500 index so far reported better than expected earnings. The surge in Apple Inc
- Arthi Gupta
- 20 Jul, 2011
- New York City
The UK indexes climbed after gross mortgage lending fell in June. The Bank of England policymakers remained divided on rates and quantitative easing. Melrose completed the disposal of Dynacast division for
- Nigel Thomas
- 20 Jul, 2011
- New York City
Stocks in Japan gained following a rally in tech stocks and banking stocks. Apple Inc earnings lifted Toshiba Corp, Softbank and Foster Electric. Banks gained after the U.S. debt talks jitters eased. Yasakawa Electric earnings lift robot makers.
- Arthi Gupta
- 20 Jul, 2011
- New York City
U.S. indexes rose after mortgage application activity soared. Energy Transfer agreed to acquire Southern Union in $9.4 billion deal and Ecolab agreed to buy Nalco for $5.4 billion. CNOOC agreed to acquire OPTI for $2.1 billion. Apple earnings surged on strong sales of iPhones and iPad.
- Marcus Jacob
- 20 Jul, 2011
- New York City
Australian stocks soared tracking a surge in international markets and BHP reported strong production. However the index of leading indicators and consumer spending declined to the slowest growth in 20 months. Woolworths reported food and liquor sales dropped 10% in the quarter.
- Arthi Gupta
- 20 Jul, 2011
- New York City
German producer prices eased to a 6-month low in June. Iceland jobless rate fell in the second quarter. Italian industrial orders improved in May. Dutch and Danish consumer sentiment declined in July.
- Arthi Gupta
- 20 Jul, 2011
- New York City
European indexes extended gains ahead of the Greek bailout summit. German producer prices increased 5.6%. Accor first-half revenue rose 4.4% to
- Bikram Pandey
- 19 Jul, 2011
- New York City
U.S. indexes closed higher after earnings dominated market sentiment. IBM quarterly net increased 8% and Coca-Cola net rose 18%. Bank of America swung to a net loss on higher loan losses. Market sentiment was bolstered after June home starts soared 15% to annual rate of 629,000.
- Mukesh Buch
- 19 Jul, 2011
- New York City
Bank of America reported second quarter net loss of $8.8 billion. IBM second quarter net income increased 8% to $3.7 billion. Goldman Sachs second quarter net income soared 132% to $1 billion. Wells Fargo second quarter net income increased 29% to $3.9 billion.
- Arthi Gupta
- 19 Jul, 2011
- New York City
The UK indexes traded higher on upbeat global earnings. News Corp. chief executive Rupert Murdoch, his son James and former chief of News International Rebekah Brooks will appear before a parliamentary committee today. Irish factory gate prices fell in June.