- Arthi Gupta
- 28 Jun, 2011
- New York City
U.S. indexes traded flat with Greece in focus. General Dynamics won a $286 million contract from the U.S. Army. McCormick agreed to acquire Kamis for about $291 million. Nike quarterly earnings and revenues more than expected.
- Arthi Gupta
- 28 Jun, 2011
- New York City
European commercial vehicle sales improved and Swedish retail sales dropped in May. German consumer confidence set to strengthen in July. Italy''s producer prices rose and Swiss consumption indicator increased in May.
- Arthi Gupta
- 28 Jun, 2011
- New York City
The European indexes declined ahead of the austerity measures vote in Greek parliament. Greek unions call for a two-day strike. Carrefour received offer from Brazil-based Gama to form a strategic partnership.
- Nigel Thomas
- 28 Jun, 2011
- New York City
Japanese stocks rebounded after investors focused on domestic events. The makers of steel, autos and electronics rose on the expectations of quicker than estimated recovery in manufacturing. Department sales decline slowed from a year ago in May and lifted stocks of retailers.
- Marcus Jacob
- 28 Jun, 2011
- New York City
Australian index inched higher as investors tiptoed back to the market and set aside the worries related to Greece. Crude oil declined but resources linked stocks closed higher. Rio Tinto chief executive predicted company growth for the next ten years.
- Bikram Pandey
- 27 Jun, 2011
- New York City
U.S. indexes rebounded after a weakness of seven of the last eight weeks. Banks closed higher after rule setting committee passed a watered down proposal to increase capital and delayed the implementation to between 2016 and 2018. European bond investors expand focus to Italy.
- Mukesh Buch
- 27 Jun, 2011
- New York City
Park Electrochemical first quarter net fell. Stanley Black agreed to acquire Sweden based Niscayah AB for $1.2 billion. Universal Forest will align the costs due to significantly weaker-than-expected sales in the first five months.
- Arthi Gupta
- 27 Jun, 2011
- New York City
The UK indexes gained on optimism of a solution to the Greece debt crisis The Greek Parliament begins a debate on the austerity measures today and a parliament vote is expected on Wednesday. The UK home prices declined in June.
- Arthi Gupta
- 27 Jun, 2011
- New York City
U.S. indexes traded higher after personal income rose 0.3% in May. S1 agreed to merge with Fundtech in $700 million stock swap purchase. Metropolitan Health agreed to acquire Continucare for $416 million.
- Arthi Gupta
- 27 Jun, 2011
- New York City
Foreign direct investment in the European Union plunged 75% to
- Nigel Thomas
- 27 Jun, 2011
- New York City
Stocks in Japan closed lower as investors focused on the passage of Greek austerity measures. Banks declined on the worries that the failure to pass the measures may affect large banks around the world. Automakers gained after positive comments from Nissan.
- Arthi Gupta
- 27 Jun, 2011
- New York City
The European indexes traded sideways ahead of Greece
- Marcus Jacob
- 27 Jun, 2011
- New York City
Australian stocks declined tracking losses in Asia and international markets. Commodities fell and oil declined 1.2%. Banks led the decline on the worries that access to international wholesale markets may shrink if world economy falters.
- Bikram Pandey
- 24 Jun, 2011
- New York City
Tech stocks led the decline in the U.S. indexes after Oracle and Micron earnings fell short of expectations. The broader indexes dropped 1% after the euro-zone debt worries spread to Italy as Greece struggles with austerity measures and asset privatization.
- Mukesh Buch
- 24 Jun, 2011
- New York City
Accenture third quarter net income increased 9.3% to $628 million. H&R Block fourth quarter net income slumped to $658.6 million. Oracle fourth quarter net income surged 36% to $3.2 billion.