Market Update

U.S. Indexes Lower, Chesapeake Completes Permian Basin Assets Sale

Arthi Gupta
23 Oct, 2012
New York City

U.S. indexes edged lower and investors focus on the two-day FOMC meeting starting today. Chesapeake completed the sale of its Permian Basin asset sales. DuPont plans eliminating about 1,500 positions globally in the next 12 to 18 months.

European Markets Fall, French Confidence Deteriorates

Arthi Gupta
23 Oct, 2012
New York City

The European indexes declined and Spain raised

Europe Movers: ARM, Nokia, Syngenta, Experian, Alfa Laval, Norsk Hydro

Arthi Gupta
23 Oct, 2012
New York City

ARM revenue climbed to

Wall Street Trims Early Losses, Russia Tightens Control on Energy Supply

Bikram Pandey
22 Oct, 2012
New York City

Stocks in New York and in Europe drifted after earnings worries resurfaced. Japan reported a sharp decline in exports for the fourth month in a row and Caterpillar lowered outlook. Russia controlled Rosneft agreed to acquire TNK-BP joint venture for $55 billion and tighten control of energy supply.

European Indexes Slide, German Outlook Lowered

Arthi Gupta
22 Oct, 2012
New York City

The European indexes edged lower on weak Japanese trade data. Euro area government deficit dropped in 2011. The German economy is estimated to shrink in the fourth quarter. The UK household finance index rose in October.

Stocks in New York Flat, Caterpillar Outlook Weighs

Barry Randall
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.

Cautious Trading in New York, Caterpillar Outlook Weighs

Barry Randall
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.

Choppy Trading on Wall Street, Caterpillar Outlook Weighs

Barry Randall
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia based Rosneft agreed to acquire the entire joint venture BP-TNK.

Cautious Trading in New York, Caterpillar Outlook Weighs

Barry Randall
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.

Europe Movers: Electrolux, Scania, Philips, Handelsbanken, BP

Arthi Gupta
22 Oct, 2012
New York City

Electrolux net sales rose 5.9% to SEK 27.17 billion and Philips earnings more than doubled from last year in the third quarter. BP agreed to sell its 50% share in TNK-BP to Rosneft and JCDecaux agreed to acquire a 25% stake in Russ Outdoor.

Stocks in New York Flat, Caterpillar Outlook Weighs

Barry Randall
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.

Rosneft Agreed to Acquire TNK-BP Joint Venture

Nichole Harper
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia based Rosneft agreed to acquire the entire joint venture BP-TNK.

U.S. Movers: Caterpillar, Hasbro, Lennox Intl., Peabody, V.F. Corp.

Mukesh Buch
22 Oct, 2012
New York City

Caterpillar third quarter net soar 49% and lowered fiscal guidance. Freeport-McMoRan net declined 21% and Hasbro net slipped 4%. Lennox Intl. net dropped 13% and lifted fiscal outlook. Peabody net plunged 84% and V.F. Corp. net surged 27%.

Rosneft Agreed to Acquire TNK-BP Joint Venture

Nichole Harper
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia based Rosneft agreed to acquire the entire joint venture BP-TNK.

Nikkei Reverses 1.5% Decline, Exports Plunge 10.3% on China Dispute

Nigel Thomas
22 Oct, 2012
New York City

The benchmark Nikkei index rose for the sixth day in a row after dropping as much as 1.5%. Exports in September dropped for the fourth month in a row after shipments to China plunged 14%. Regional manufacturing survey showed economic weakness across.