ticker

Europe Movers: Santander, Shell, Siemens, Unilever

Arthi Gupta
26 Jul, 2012
New York City

Banco Santander quarterly net plunged 93% and PUMA earnings fell 29%. BASF confirmed its outlook for growth in fiscal 2012. Unilever first-half revenues increased 11.5%.

European Indexes Lower, Italian Debt Rating Lowered

Arthi Gupta
26 Jul, 2012
New York City

The European indexes fell on the speculation that Greece may not meet its deficit target. Moody''s changed outlook on 17 German banking groups to negative. Italy sold

Tech Stocks Weak, New Home Sales Fall; World Markets Ease

Bikram Pandey
25 Jul, 2012
New York City

U.S. stocks turned negative in a choppy session. Technology stocks were weak after a decline in Apple and Netflix. New home sales dropped at 8.4% annual rate in June. Outlook in Europe darkened after UK reported deeper than expected economic decline.

U.S. Movers: Apple, Boeing, Caterpillar, ConocoPhillips, Ford

Mukesh Buch
25 Jul, 2012
New York City

Boeing second quarter revenue surge 21% and net rose 3% and backlog was valued at $302 billion. Caterpillar net jumped 67% and lifted fiscal outlook and ConocoPhillips second quarter net declined 33% on spin-off and weak oil prices. Ford second quarter net plunged 57%.

Nikkei in Tokyo Turns Negative for the Year

Nigel Thomas
25 Jul, 2012
New York City

Stocks in Tokyo traded lower and the Nikkei index fell to its lowest in the year. The index is down 1.1% in the year so far on the worries that a new round of economic stimulus in the U.S. may strengthen the yen. Tech stocks declined after Apple earnings were below expectations.

U.S. Movers: ACE, Bristol-Myers, Eli Lilly, General Dynamics, Norfolk

Mukesh Buch
25 Jul, 2012
New York City

ACE second quarter net tumbled 44.8% and Bristol-Myers declined 28% on patent expiration. Eli Lilly second quarter tumbled 23% and lifted fiscal guidance. General Dynamics net fall and revised lower outlook.

Australian Core Inflation Falls, Miners Decline

Marcus Jacob
25 Jul, 2012
New York City

Australian indexes declined as China was added to the list of worries in the euro zone. The dollar eased and resources linked companies traded lower. The latest data on the June quarter inflation showed a decline in core inflation.

German Confidence Falls, UK Economy Contracts

Arthi Gupta
25 Jul, 2012
New York City

The European indexes traded higher and German business confidence fell more than estimated in July. The UK economy contracted in the second quarter. Cheung Kong led consortium agreed to buy MGN Gas Networks for $1 billion.

U.S. Indexes Sideways, PepsiCo Net Falls 21%

Arthi Gupta
25 Jul, 2012
New York City

U.S. indexes traded sideways after Apple Inc missed earnings forecast. Ford and PepsiCo reported quarterly declines in earnings but Boeing net rose 3% in the quarter.

Apple Drops 6%, Netflix Plunges 11%

Devan Biswas
24 Jul, 2012
New York City

Apple Inc dropped as much as 6% in aftermarket trading after it reported lower than expected earnings. Netflix plunged 14% after it estimated a quarterly loss.

Global Markets, Euro in 3-Day Decline; Apple Seeks $2.5 B in Damages

Bikram Pandey
24 Jul, 2012
New York City

Global markets extended losses for the third day in a row and the U.S. indexes accelerated declines. The euro fell to a new two-year low. Metals and energy prices also fell. Apple Inc and Samsung Electronics filed patent infringement suits in California.

U.S. Movers: Ametek, Air Products, EMC, VMware, Wipro

Mukesh Buch
24 Jul, 2012
New York City

Ametek second quarter net surged 21% and Air Products third quarter net soared 48%. Coca-Cola Enterprises second quarter net declined 17% and EMC net soared 19% to $649.5 million. VMware second quarter net declined 13% and agreed to acquire Nicira, Inc. for $1.05 billion in cash.

U.S. Movers: AT&T, Biogen, DuPont, Illinois Tool, United Parcel

Mukesh Buch
24 Jul, 2012
New York City

AT&T second quarter net increased on higher sales of smart phones. Biogen third quarter net soared 34% to $386.8 million. DuPont net fell and said earnings may slide. Illinois Tool second quarter net advanced 77%. United Parcel lowered full year outlook.

UK Mortgage Approvals Drop, Man Group Slips to Loss

Arthi Gupta
24 Jul, 2012
New York City

The UK indexes slid after debt pressures intensified in the euro zone. The UK mortgage approvals declined unexpectedly in June. Anglo American agreed to acquire a 58.9% interest in a metallurgical coal project in Mozambique.

Nikkei Drops to 6-Week Low

Nigel Thomas
24 Jul, 2012
New York City

Stocks in Japan inched lower on the widening debt contagion in Spain and a downgrade on the advanced nations in the currency union. Toshiba declined 5% after the chipmaker plans to cut flash memory production by 30%. Sharp dropped to another 34-year low.

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