- Nigel Thomas
- 27 Apr, 2011
- New York City
Tokyo stocks rebounded after Canon, Fanuc, Daihatsu and Kuraya reported higher earnings. Canon soared 7% after the company suggested parts supply issue is expected to be resolved in few months. Fanuc gained more than 3% after it guided higher profit in the current fiscal half.
- Marcus Jacob
- 27 Apr, 2011
- New York City
Australian stocks declined on the first day of trading since Thursday last week. The dollar gained after the latest read on inflation showed a surge in the first quarter on severe weather conditions. Macarthur Coal
- Bikram Pandey
- 26 Apr, 2011
- New York City
U.S. stocks extended gains for the fifth day after industrial companies reported higher earnings. The latest increase in earnings was driven by the increase in overseas profits and the weak dollar. The S&P 500 index traded at high last seen in July 2008 and the Russell 2000 index at July 2007 peak.
- Mukesh Buch
- 26 Apr, 2011
- New York City
3M Company first quarter net income rose to $1.08 billion. Cummins first quarter net income soared to $343 million. Ford Motor first quarter net income grew 22% to $2.5 billion. Coca-Cola first quarter net income rose 18% to $1.90 billion. United Parcel first quarter net income surged 66% to $885mn.
- Arthi Gupta
- 26 Apr, 2011
- New York City
The UK indexes traded higher after the Confederation of British Industry forecasted manufacturing recovery firmly on track. Irish manufacturing output price inflation accelerated in March. Pearson agreed to acquire Schoolnet for $230 million.
- Arthi Gupta
- 26 Apr, 2011
- New York City
The U.S. indexes rose after Ford, Coca-Cola and UPS reported higher earnings. Home prices fell 3.3% in February. Boston Properties agreed to sell Carnegie Center portfolio for $468.0 million. Lawson agreed to be acquired by Infor and Golden Gate Capital for $2 billion.
- Arthi Gupta
- 26 Apr, 2011
- New York City
The European indexes gained after Puma estimated sales of
- Arthi Gupta
- 26 Apr, 2011
- New York City
Euro-zone government deficit contracted in 2010. Swiss trade surplus increased in the first quarter. Sweden jobless rate fell in March. Czech economic sentiment weakened in March.
- Devan Biswas
- 26 Apr, 2011
- New York City
Stocks in Mumbai declined sharply in early trading but managed to rebound. The Sensex closed down 0.2% after dropping as much as 1.4%. The rupee gained and silver fell nearly 3% after trading above Rs 70,000 level for the third day in a row.
- Nigel Thomas
- 26 Apr, 2011
- New York City
Stocks in Japan continued to drift lower ahead of earnings, a week long holiday and central bank rate decision this week. The Bank of Japan is expected to expand its 3 trillion yen bond program to support the rebuilding effort. Automakers declined and shipping lines closed lower a day after surging.
- Bikram Pandey
- 25 Apr, 2011
- New York City
U.S. indexes struggled after a mixed batch of earnings on Monday. However, earnings from financial services and tech companies have exceeded expectations so far. Kimberly-Clark
- Mukesh Buch
- 25 Apr, 2011
- New York City
Advanced Micro Devices first quarter net income doubled. E. I. du Pont first quarter net income soared 27% to $1.43 billion. Kimberly-Clark first quarter net income declined 9%. Verizon first quarter net income soared 41% to $3.26 billion.
- Arthi Gupta
- 25 Apr, 2011
- New York City
U.S. stocks rebounded after better-than-anticipated earnings and leading indicators index rose in March. Barrick Gold agreed to acquire Equinox Minerals for about C$7.3 billion. Toyota global production dropped more than 30% in March.
- Devan Biswas
- 25 Apr, 2011
- New York City
Stocks in Mumbai traded higher but in a directionless trading and silver and gold surged to highs. Reliance Industries confirmed the difficulty of increasing gas output and also planned to increase production at fields in the Bay of Bengal. Sterlite and Maruti reported higher than expected earnings.
- Arthi Gupta
- 25 Apr, 2011
- New York City
The confidence index among French manufacturers was flat in April. Hungarian retail sales improved and Italian sales grew in February. Austrian industrial output rose in February. Dutch consumer spending improved in February. Spain producer price inflation climbed in March.