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Europe Movers: QSC, Fuchs Petrolub, Ryanair, CGGVeritas, Transocean, Novartis

Arthi Gupta
05 Nov, 2012
New York City

QSC revenue fell and Transocean net loss widened in the third quarter. Fuchs estimates higher earnings and revenues for full-year. Ryanair first-half net rose 10% to

Indexes on Wall Street Fall 1% in Nervous Trading

Bikram Pandey
02 Nov, 2012
New York City

Stocks on Wall Street sold off in the afternoon on the mounting cost of Hurricane Sandy and the looming uncertainty linked to the presidential election next week. Gold and crude oil fell more than 2% and market indexes declined more than 1%.

U.S. Movers: AIG, Hess, Ralph Lauren, Starbucks, Thomson Reuters

Mukesh Buch
02 Nov, 2012
New York City

AIG third quarter net swung to $1.9 billion profit and Hess net surged 87%. Ralph Lauren third quarter net slumped 8% and lifted fiscal outlook. Starbucks fourth quarter net was nearly flat but lifted the annual estimate. McGraw-Hill third quarter net declined 14%.

U.S. Payrolls Rise 171,000 in October, Factory Orders Up 4.9%

Nichole Harper
02 Nov, 2012
New York City

Stocks in New York traded higher after employers added more than expected jobs in October and data for September and August were revised sharply higher. Unemployment rate increased to 7.9%. Factory orders increased 4.9%, largest increase in a year.

Nikkei in 3-day Rally with 1.2% Gain, Nikon Cuts Outlook

Nigel Thomas
02 Nov, 2012
New York City

Stocks in Tokyo surged for the third day in a row following the gains in New York and the yen weakened. Sharp and Panasonic extended declines after estimating sharply higher losses. Also, Nikon lowered its outlook.

Australian Markets Flat; Westfield, Qantas in Focus

Marcus Jacob
02 Nov, 2012
New York City

Australian markets closed flat on a weakness in banks and weak trading in resource sector. Qantas held out possibility of a dividend but did not cite a specific data. Westfield confirmed its malls in the U.S. did not suffer any major damage from the Hurricane Sandy.

More Weakness in Euro Zone Manufacturing, Market Indexes Struggle

Arthi Gupta
02 Nov, 2012
New York City

The European indexes traded sideways ahead of the U.S. payrolls report. The downturn in the euro zone manufacturing sector extended in October. The UK construction sector remained subdued in October.

Europe Movers: Alcatel-Lucent, BMW, RBS, Beiersdorf, Wm Morrison

Arthi Gupta
02 Nov, 2012
New York City

Alcatel-Lucent and RBS swung to quarterly loss. BMW said U.S. sales rose 21% in October. Beiersdorf first nine months annual sales improved to

Wall Street Rallies, Chrysler Leads Auto Sales Growth, Chain Store Sales Lag

Bikram Pandey
01 Nov, 2012
New York City

Stocks on Wall Street advanced after latest jobless claims and private sector employment growth. U.S. manufacturing also advanced in the previous month. Auto sales rose less than expected and same store sales lagged expectations in October.

Stocks Rally on Jobless Claims Data and 4-year High Confidence

Nichole Harper
01 Nov, 2012
New York City

Market indexes in New York jumped more than 1% after weekly jobless claims declined and manufacturing growth increased in October. Construction spending rose to a three-month high and consumer confidence increased to the highest in four years.

U.S. Movers: Cigna, Exxon Mobil, Exelon, Kellogg, Pfizer, Visa

Mukesh Buch
01 Nov, 2012
New York City

Cigna third quarter net jumped 155% on revenue growth. Exxon Mobil net slumped 7% and Exelon profit plunged 51%. Pfizer third quarter net declined 14% as sales dropped. Visa fourth quarter net soared 89%.

Weaker Yen Lifts Nikkei in Tokyo; TDK, Sharp, Sony Fall on Earnings Outlook

Nigel Thomas
01 Nov, 2012
New York City

The Nikkei average in Japan increased for the second day in a row after the yen softened and China reported first manufacturing advance in October in three months. TDK Corp and Fujifilm Holdings, Sony and Sharp fell on weak quarterly results.

Australian Stocks Drift Lower, Home Prices Decline

Marcus Jacob
01 Nov, 2012
New York City

Australian stocks drifted lower after weak opening despite the evidence that Chinese manufacturing activities are stabilizing. Home prices in Australian cities declined for the first time in five months.

Greek Leaders Divided on New Austerity Demands, UK Home Prices Rise

Arthi Gupta
01 Nov, 2012
New York City

The European indexes gained after a rebound in Chinese manufacturing activity. The UK home prices increased more-than-estimated and Greek manufacturing activity declined in October. Swiss retail sales eased in September.

Europe Movers: Dr

Arthi Gupta
01 Nov, 2012
New York City

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