ticker

Europe Movers: Gerresheimer, Halfords, Telefonica, Wacker Chemie

Nigel Thomas
10 Apr, 2013
New York City

Diageo

BoJ $1.4 Trillion Spending May Leak to U.S. and European Treasury Bonds

Hiruki Nakamura
10 Apr, 2013
New York City

Stocks in Japan traded higher and the yen extended weakness against the dollar and the yen. Investors are worried that most of the $1.4 trillion in central bank spending will leak to the U.S. and European bond markets and inflate real estate prices around the world.

Australian Markets Struggle, Billabong Plunges 27%

Marcus Jacob
10 Apr, 2013
New York City

Australian market indexes struggled to gain as consumer sentiment index declined in April. Billabong plunged 27% after it received a significantly lower than expected bid. Bank of Queensland agreed to acquire Virgin Money Australian for $40 million.

India Movers: Cairn India, Jindal, MMTC, Siemens, Tata Steel, TCS

Mukesh Buch
10 Apr, 2013
New York City

Cairn India fourth quarter oil production jumped 12%. Jindal Stainless in strategic agreement with Korean steelmaker Posco. Siemens India secured contract from Bangladesh. Tata Steel fourth quarter steel production jumped 27% and sales surged 29%.

Stocks Flat in New York, JCPenney Recalls CEO Ullman

Nichole Harper
09 Apr, 2013
New York City

U.S. stocks traded flat as investors awaited the start of the earnings season. Yen decline paused but inched near the 100-mark against one dollar. Troubled retailer fired its celebrity chief executive after sales plummeted for four quarters in a row and rehired former head.

Europe Movers: Aurubis, ADB, FirstGroup, Lagardere, Telecom Italia

Nigel Thomas
09 Apr, 2013
New York City

Aurubis chief executive officer expects better outlook in the US and Europe. ADB agrees to pay

Japanese Markets Rest after a 4-Day Surge, Yen Inches to 100

Marcus Jacob
09 Apr, 2013
New York City

Stocks in Japan were flat and real estate and exporters declined after surging for four days in a row. The yields on Japanese bonds of longer maturities rose ahead of bond auction later in the week. The yen inched towards 100 level against a dollar.

Australian Stocks Jump 1.5%, Inflation in China Falls to 2.1%

Marcus Jacob
09 Apr, 2013
New York City

Australian stocks rebounded for the second day and the benchmark index increased 1.5% after China reported a slowdown in inflation. A private survey showed that a business conditions index in Australia dropped to a four-year low.

India Movers: ABB, Apollo, Educomp, IL&FS, TCS, Wipro

Mukesh Buch
09 Apr, 2013
New York City

ABB secured an order worth $30 million in Australia. Apollo Tyres plans set up manufacturing unit in Thailand or Indonesia. IL&FS win road project for nearly $300 million. TCS agreed to acquire France based Alti SA, for

U.S. Markets Decline Ahead of Earnings

Nichole Harper
08 Apr, 2013
New York City

U.S. markets extended losses on Monday as investors await the start of the earnings season. European markets closed higher and the Nikkei in Tokyo surged for the fourth day as the yen declined to the level last seen in 2009.

U.S. Movers: AZZ, GE, Merz, Oriola-KD, Ericsson

Mukesh Buch
08 Apr, 2013
New York City

AZZ fourth quarter net surged 14%. GE agreed to buy Lufkin Industries Inc. for $3.3 billion. Merz withdraw to acquire Obagi Medical. Oriola-KD agreed to buy Sweden based Medstop Group for $229 million. Ericsson agreed to purchase media-room business from Microsoft.

Market Update