- Marcus Jacob
- 12 Apr, 2011
- New York City
Australian stocks and dollar turned lower after international worries overshadowed market sentiment. The IMF cut global economic output and trimmed the U.S. economic growth rate to 2.8% and Japan
- Bikram Pandey
- 11 Apr, 2011
- New York City
U.S. stocks lost steam and crude oil declined from the 30-month high. Schneider Electric is exploring an offer for Tyco International. Endo agrees to acquire American Medical Systems for $2.9 billion. Crude oil falls after Libya accepts the African Union proposal.
- Mukesh Buch
- 11 Apr, 2011
- New York City
Benchmark Electronics lowered first quarter guidance sales to be of $540 million. Cliffs receive cash payment of as much as $270 million after price settlement with ArcelorMittal. Endo Pharmaceutical agreed to acquire American Medical Systems for $2.9 Billion in cash. Shaw Group net income fell 98%.
- Arthi Gupta
- 11 Apr, 2011
- New York City
The UK indexes traded higher after banking stocks rose after the independent commission did not recommend breaking large banks. Irish industrial production and construction dropped. BHP Billiton completed its $10 billion stock buyback program.
- Arthi Gupta
- 11 Apr, 2011
- New York City
U.S. indexes gained ahead of first quarter earnings season. U.S. government averted shut-down crisis as lawmakers agree on spending cuts. Endo agreed to acquire American Medical Systems for $2.9 billion. TimberWest Forest agreed to be purchased for C$1.03 billion.
- Arthi Gupta
- 11 Apr, 2011
- New York City
The OECD leading index rose in February. German corporate insolvencies dropped in January. French industrial output slackened in February and Dutch trade surplus rose in February. Romanian inflation accelerated to 8.01% in March.
- Arthi Gupta
- 11 Apr, 2011
- New York City
European indexes traded sideways led by automakers. Meyer Burger agreed to acquire Roth & Rau for
- Devan Biswas
- 11 Apr, 2011
- New York City
Mumbai stocks extended losses for the fifth day in a row as crude oil hovered near 30-month high and industrial production increased 3.6% in February. The less than expected growth in production also contributed to the weak trading sentiment.
- Nigel Thomas
- 11 Apr, 2011
- New York City
Stocks in Japan declined on the ongoing auto production worries. Automakers plan to increase production in stages from today and Sony suspended operations at a plant that makes optical parts. Northeast Japan was hit with another 7.1 magnitude earthquake at local time 5:17 pm.
- Marcus Jacob
- 11 Apr, 2011
- New York City
Australian stocks closed higher and the dollar traded at 29-year peak. Western Australia premier urged energy executives to not mount a takeover of Woodside Petroleum. Leighton Holdings is set to raise $757 million in a rights offering.
- Bikram Pandey
- 08 Apr, 2011
- New York City
U.S. stocks wavered as lawmakers struggle to balance the budget and raise debt limit. Commodities were in focus after crude oil jumped to 3-year high and gold and silver reached a new 31-year high. Google agreed to conditions laid by the Justice Department for the purchase of ITA Software Inc.
- Marcus Jacob
- 08 Apr, 2011
- New York City
UK stocks advanced following a steady rise in commodities Resource linked stocks led the gainers after gold and silver reached a new high in three decades and crude oil gained to 30-month record above $125. Producer price increased more than estimated in March.
- Mukesh Buch
- 08 Apr, 2011
- New York City
AZZ fourth quarter net income rose to $9.2 million. Blyth fourth quarter net earnings declined to $17.7 million. Expedia plan to separate into two publicly traded companies. PriceSmart second quarter net income increased to $17.9 million. Seagate declared quarterly cash dividend of $0.18 per share.
- Bikram Pandey
- 08 Apr, 2011
- New York City
U.S. stocks wavered after a rally of four days and government shutdown looms midnight. Lawmakers are divided over 2011 budgetary cuts. Gold and silver trade at 31-year new high and European markets rebound after Portugal sought European Union help.
- Arjun Dave
- 08 Apr, 2011
- New York City
European markets inched higher and commodities gained. Miners and banks led the gainers in the regional trading and crude oil traded above $111 a barrel. The euro firmed against the dollar.