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Global Markets Rally on Earnings and Rising Confidence

Bikram Pandey
19 Feb, 2013
New York City

U.S. market indexes extended gains in global markets after German confidence surged and earnings on both sides of Atlantic rose. Crude oil held at elevated levels and gold eased for the second day in a row in New York.

S&P 500 Extends Seventh Weekly Advance

Nichole Harper
19 Feb, 2013
New York City

U.S. stocks extended gains after the latest earnings release and widespread gains in the European markets. German investor confidence rose more than estimated. Merger talks among office supply retailers also contributed to the positive sentiment. Homebuilder confidence unexpectedly fell in February.

European Indexes Jump on Improving German Data, Spain Raises

Barry Randall
19 Feb, 2013
New York City

Markets in the European Union soared after German investor confidence in February was ahead of expectations by a wide margin. Spain successfully raised 4 billion euros meeting its debt sale target. Italy is set to complete parliamentary election this weekend.

Japan Stocks in Holding Pattern, Bridgestone Estimates Higher Earnings

Hiruki Nakamura
19 Feb, 2013
New York City

Stocks in Tokyo edged lower and the yen gained against the dollar. Prime minister will delay the appointment of Bank of Japan governor after his return from a trade summit talks with President Obama later this week. Bridgestone soared on earnings surprise.

U.S. Movers: Bruker, Cimarex, Medtronic, Omnicare, Sealed Air, Wolverine

Mukesh Buch
19 Feb, 2013
New York City

Bruker Corp fourth quarter net plunged 67% and Cimarex net declined 15%. Medtronic third quarter net climbed 6% and reiterated fiscal outlook. Omnicare fourth quarter surged 90% and Sealed Air net swung to a profit and Wolverine net to a loss.

Australian Indexes at 4-Year Highs; Arrium, Amatil and Asciano in Focus

Marcus Jacob
19 Feb, 2013
New York City

Australian market indexes closed at a 4-year high on the strength in resource and bank sector stocks. Earnings drove the market sentiment. Arrium reported higher operating earnings but took a massive asset write down. Coca-Cola Amatil annual net declined 22%. Asciano net soared 74%.

Europe Movers: Danone SA, Drax, Nobel Biocare, Vodafone

Nigel Thomas
19 Feb, 2013
New York City

Danone revenue advanced 5% to

India Movers: Eicher Motors, GSK, Infosys, Kingfisher, Tech Mahindra

Mukesh Buch
19 Feb, 2013
New York City

Eicher Motors fourth quarter net plunged 24% and GSK Pharma net climbed 1.3%. Kingfisher said UB Holdings revised loan limits to $125 million. Tech Mahindra acquired majority stake in Brazil based Complex IT.

Europe Movers: Natixis Surges on Payout Plan, Carlsberg Falls on Weak Revenues

Mukesh Buch
18 Feb, 2013
New York City

Carlsberg revenue drooped and profit declined 10%. Independent News & Media plc sold its South African business. Natixis agreed to sell assets to Banques Populaires and Caisses d

Nikkei Nears 4-Year High as Yen Drops to 3-Year Low

Hiruki Nakamura
18 Feb, 2013
New York City

The Nikkei index in Tokyo soared 2.1% and the yen resumed its slide to drop near a 33-month low. G20 policymakers issued a broad statement that focus on the region and avoided a direct criticism of aggressive monetary easing by Japan.

Natixis Surges on Payout Plan, Carlsberg Falls on Weak Revenues

Barry Randall
18 Feb, 2013
New York City

Carlsberg revenue drooped and profit declined 10%. Independent News & Media plc sold its South African business. Natixis agreed to sell assets to Banques Populaires and Caisses d

Australian Indexes Extend Gains; Boart, Lend Lease, Amcor in Focus

Marcus Jacob
18 Feb, 2013
New York City

Australian stocks closed higher and mining and financial stocks extended gains. Boart Longyear plunged 8% after it reported 58% fall in full-year profit. Lend Lease reported 39% increase in profit. Amcor half-year net increased 16%.

World Markets and U.S. Stocks in Holding Pattern

Bikram Pandey
15 Feb, 2013
New York City

Stocks on Wall Street traded sideways and investors awaited comments from G20 policymakers gathering in Moscow. Gold and silver plunged sharply and the yen and the euro were in focus. 3G Capital and Berkshire Hathaway offered $1.4 billion in breakup fees for the Heinz deal.

U.S. Manufacturing Shrinks, Euro and Yen in Focus

Nichole Harper
15 Feb, 2013
New York City

U.S. stocks traded sideways as earnings, deals and currency trading overshadowed market sentiment. The euro and yen were in focus ahead of comments from policymakers gathering from 20 nations in Moscow. U.S. industrial production declined in January.

European Markets Flat as G20 Meeting Draws Attention from Currency Traders

Barry Randall
15 Feb, 2013
New York City

European markets edged slightly higher after the release of mixed batch of earnings. The meeting of G 20 finance ministers and central bankers drew attention from currency traders after the yen declined sharply in the last three months.

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