- Mukesh Buch
- 28 Apr, 2011
- New York City
Apache first quarter net income rose to $1.11 billion. Colgate-Palmolive first quarter net profit surged 61% to $576 million. eBay first quarter net income rose 20% to $475.9 million. PepsiCo first quarter net income declined 20% to $1.14 billion. P&G first quarter net income rose 11% to $2.87 bn.
- Arthi Gupta
- 28 Apr, 2011
- New York City
The UK indexes traded sideways after consumer confidence declined to its lowest level since February 2009. Irish retail sales deteriorated in March. AstraZeneca net rose on UK and U.S. tax settlements.
- Arthi Gupta
- 28 Apr, 2011
- New York City
U.S. indexes traded lower after weekly jobless claims unexpectedly rose to a 3-month high to 429,000 and GDP expanded at 1.8% rate, less than estimated in the first quarter. Exelon agreed to buy Constellation Energy for $7.9 billion. Colgate-Palmolive net surged 61%.
- Arthi Gupta
- 28 Apr, 2011
- New York City
The European indexes edged higher after Deutsche Bank and Bayer reported better-than-estimated quarterly earnings. SAP plunged 5.7% after earnings missed expectations. German unemployment dropped to the lowest in the last nineteen years.
- Arthi Gupta
- 28 Apr, 2011
- New York City
German jobless rate fell to its lowest level in nineteen years and inflation accelerated in April. French consumer spending dropped unexpectedly but Finnish jobless rate rose in March. Number of mortgage issued in February declined in Spain.
- Devan Biswas
- 28 Apr, 2011
- New York City
Stocks in Mumbai closed down after weekly inflation accelerated and precious metals prices soared. The rupee advanced and resource linked stocks edged lower. LIC Housing quarterly net surged 47%. Bank of Baroda quarterly net soared 43%.
- Nigel Thomas
- 28 Apr, 2011
- New York City
Japan stocks gained after positive earnings and recovering trading sentiment and volume. The yen traded in a tight range ahead of the Golden Week holiday period. Komatsu gained after it reported quarterly net soared nearly a third and Kyocera advanced on higher office equipment sales.
- Marcus Jacob
- 28 Apr, 2011
- New York City
Australian stocks were flat as the dollar rose for the second day in a row to a new high of US$1.0921. Crude oil futures increased but metals closed mixed in Asian trading. Goodman Fielder dropped more than 9% after it cut profit outlook by 20%.
- Bikram Pandey
- 27 Apr, 2011
- New York City
U.S. stocks extended gains for the sixth day after the Fed left rates unchanged and left the bond program intact. The Nasdaq closed at a high last seen a decade ago and the small companies focised Russell 200 index reached a new high. The dollar continued its slide and precious metals gained.
- Mukesh Buch
- 27 Apr, 2011
- New York City
Amazon first quarter net earnings slumped 33% to $201 million. ConocoPhillips first quarter net income rose to $3 billion. Moody
- Arthi Gupta
- 27 Apr, 2011
- New York City
The UK indexes advanced after service index rose 1.5% in February, GDP expanded 0.5% in the first quarter, and mortgage approvals climbed in March. BP, Fenner and GlaxoSmithKline reported strong earnings.
- Arthi Gupta
- 27 Apr, 2011
- New York City
U.S. indexes edged higher after durable goods orders surged in March. Mortgage applications fell on higher FHA premiums. IBM authorized $8 billion for stock buyback. SMART Modular agreed to be acquired by Silver Lake Partners and Silver Lake Sumeru for $645 million.
- Arthi Gupta
- 27 Apr, 2011
- New York City
European indexes gained after strong corporate earnings. Automakers led the way with Volkswagen and Volvo reporting better-than-anticipated profit. Nokia planned to outsource Symbian activities to Accenture. J&J agreed to acquire Synthes in $21.3 billion deal.
- Devan Biswas
- 27 Apr, 2011
- New York City
Stocks in Mumbai lost momentum in the early afternoon and closed at the low of the day. Ambuja Cement declined 4% after net dropped 12%. Reliance Industries face a government fine as it misses the production target. Dabur dropped 2% after net rose less than expected 8.5%.
- Arthi Gupta
- 27 Apr, 2011
- New York City
Euro-zone order growth slowed in February. German consumer sentiment forecasted to weaken in May and French consumer sentiment remained static in April. Finnish manufacturing confidence fell and consumer sentiment improved in April. Polish retail sales increased and jobless rate fell in March.