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European Markets Rise; Daimler, Sanofi, Software AG Earnings Gain

Arthi Gupta
27 Apr, 2012
New York City

The European indexes advanced and yields for Spanish and Italian bonds rose. Ireland-based Jazz Pharmaceuticals agreed to acquire EUSA Pharma for $700 million. Earnings at BASF fell 29% but Daimler AG net rose 29% and Sanofi SA net jumped 50%.

Home Sales and Mixed Earnings Lift Wall Street Sentiment

Bikram Pandey
26 Apr, 2012
New York City

U.S. investors focused on positive earnings and the number contracts to buy homes increased. However, initial claims of weekly unemployment were flat in the last week and weak earnings from Pepsi, UPS, Dow Chemical and Aetna kept market gains in check.

U.S. Movers: Aetna, Chrysler, Colgate, Dow Chemical, PepsiCo, Time Warner

Mukesh Buch
26 Apr, 2012
New York City

Aetna first quarter net slipped 13% to $511 million and Bristol-Myers net increased 12% to $1.1 billion. Chrysler first quarter net quadrupled to $473 million. Colgate first quarter net rose 3% on sales rise. Dow Chemical first quarter net declined 30% on weak demand. PepsiCo net fell.

Earnings Season in Full Swing in Tokyo; Fanuc, Komatsu in Focus

Marcus Jacob
26 Apr, 2012
New York City

Stocks in Japan were in a holding pattern as the earnings season began in earnest and ahead of central bank comments tomorrow. Fanuc plunged 6% after it estimated 3% decline in operating profit for the six months to September.

Australian Indexes Advance, Seven West Media Plunges 22%

Marcus Jacob
26 Apr, 2012
New York City

Australian indexes gained a fraction and media stocks declined after Seven West Media lowered its profit outlook. Mining stocks were in focus after Caterpillar reported sales weakness in China.

U.S. Jobless Claims Drop, Exxon Net Drops

Arthi Gupta
26 Apr, 2012
New York City

U.S. indexes declined after new unemployment claims fell 1,000 to 388,000. H&R Block planned to eliminate 350 positions and close 200 underperforming offices. Colgate-Palmolive earnings improved 3% in the quarter but Exxon Mobil quarterly net fell.

Euro Zone Confidence Declines, Italian Auction Yields 1.77%

Arthi Gupta
26 Apr, 2012
New York City

The euro zone confidence index declined in March after additional weakness in the service sector. Italian treasury sold

Deutsche Bank, Banco Santander Net Fall, Barclays Net Rises

Arthi Gupta
26 Apr, 2012
New York City

The European indexes struggled to advance after the euro area sentiment fell more than estimated in April. Italian borrowing costs rose in debt sale and the UK confidence improved in March. Fresenius planned to acquire Rh

Fed on Hold, Global Markets Higher

Bikram Pandey
25 Apr, 2012
New York City

The U.S. indexes advanced and the Nasdaq gained more than 2%. Fed left its asset purchase program unrevised and left rates near zero. Apple Inc said it has more than $100 billion and iPad rollout has been the fastest in the history of the company.

U.S. Movers: Apple, Caterpillar, General Dynamics, Coca-Cola, Boeing

Mukesh Buch
25 Apr, 2012
New York City

Apple second quarter net surged 94% on strong sales of iPhones and iPad and sales in China tripled from a year ago. Caterpillar first quarter net soared 29% and raised profit outlook. Boeing first quarter net soared 58% to $923 million and lifted 2012 view. Coca-Cola planed stock split of 2-for-1.

Apple Crushes Estimates on China Sales, Nasdaq Up 2.3%

Arthi Gupta
25 Apr, 2012
New York City

U.S. indexes edged higher and Nasdaq soared 2% after Apple earnings crushed market expectations. New orders for U.S. durable goods fell in March. Amgen agreed to acquire Turkey-based Mustafa Nevzat for $700 million.

Nikkei Rebound of 1% Halts 4-day Slide; Daiki, SMFG, Nidec, Nikon in Focus

Nigel Thomas
25 Apr, 2012
New York City

The Nikkei index in Tokyo gained after a 4-day slide after better than expected earnings in Japan and in U.S. contributed to positive market sentiment. Daiki Aluminum soared 5% and Sumitomo Mitsui Financial said it plans to acquire 24% stake in China based wealth manager China Post & Capital.

UK Economy In Recession, Polish Retail Sales Up 10.7%

Arthi Gupta
25 Apr, 2012
New York City

UK economy slipped back into second recession in less than five years after the economy shrank in the first quarter on sharp decline in construction and a weakness in the service sector. Polish retail sales increased 10.7% and unemployment declined to 13.3%.

Positive Earnings Lift European Indexes, Credit Suisse Net Drops 96%

Arthi Gupta
25 Apr, 2012
New York City

The European indexes gained on strong corporate earnings. The euro area loan demand fell and the UK economy slid into a recession in the first quarter. Siemens cut fiscal year outlook after quarterly earnings plunged.

Earnings Spark Rally on Wall Street, Apple Shoots Up 7%

Bikram Pandey
24 Apr, 2012
New York City

U.S. stocks advanced after AT&T, 3M, United Technology and Parker Hannifin, T. Rowe Price and Hershey reported better than expected earnings. After the close, Apple reported $39.2 billion in sales and earnings of $11.6 billion of $12.30 a share.

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