ticker

Europe Movers: Alfa Laval, ARM, BP, KPN, Munich Re, Tele2

Barry Randall
05 Feb, 2013
New York City

BP Plc reported quarterly earnings that exceeded estimates but also cited lower production in 2013 on divestment and issued 9 cents a share quarterly dividend. ARM Holdings gained after the chip maker reported 19% increase in sales. KPN plunged 22% after it plans to ask shareholders $4 billion.

Nikkei Halts 5-Day Rally, Yen Crosses 93

Hiruki Nakamura
05 Feb, 2013
New York City

Nikkei 225 Average halted a 5-day rally after investors booked profit. Hitachi Ltd lowered its full-year operating income by 18%. Japan Airlines Co gained after it estimated higher net. Fast Retailing Co said same store sales fell in January by 5.5%.

Australian Rates on Hold, Transurban Hikes Dividend

Marcus Jacob
05 Feb, 2013
New York City

Australian stocks eased the Reserve Bank left the key rate at record low 3%. Central bank also cited inflation within its target range and left impression of future rate cut at its next meeting in May. Transurban hiked dividend. Cochlear returned to profit.

India Movers: Kingfisher Loss Widens, UCO Bank Net Plunges 69%

Mukesh Buch
05 Feb, 2013
New York City

Escorts third quarter net surged more than two-fold. Jain Irrigation net swung to loss and Jubilant FoodWorks net climbed 28%. Kingfisher loss widened and Nestle acquired acquire 26% stake of in a dairy. UCO Bank net plummeted 69%.

Global Markets Turn Cautious, European Markets Fall Between 2% and 3%

Bikram Pandey
04 Feb, 2013
New York City

U.S. markets extended losses after European markets retreated, the euro edged lower and commodities eased. U.S. factory orders increased less than expected. Market indexes in Spain, Italy, France and Germany plunged between 2% and 3%.

Europe Movers: Imtech, Julius Baer, Randgold, Swatch

Barry Randall
04 Feb, 2013
New York City

Banks in Spain and Italy declined on the new worries and the market indexes fell more than 2%. Julius Baer Group fell 3% after gross margins fell in the six-month period. Royal Imtech plunged 44% on accounting irregularities in Poland. Swatch gained 3% on 26% increase in 2012 earnings.

2% Drop in Spain, Italy Drags European Markets

Barry Randall
04 Feb, 2013
New York City

European markets fell sharply after market indexes in Spain and Italy led the decliners in the region with a loss of more than 2%. Banks led the decliners. Bond yields of Spain and Italy rose and the euro edged lower.

U.S. Movers: Acme Packet, Gannett, Humana, Sysco, Sohu.com, Clorox

Mukesh Buch
04 Feb, 2013
New York City

Acme Packet agreed to a deal with Oracle for $1.7 billion in cash. Gannett fourth quarter net declined 12% and Humana net slipped 4%. Sysco second quarter net dropped 12%. Sohu.com fourth quarter net declined 6% and Clorox second quarter net soared 18%.

Wall Street Opens Lower, Oracle Offers $2 Billion for Acme Packet

Nichole Harper
04 Feb, 2013
New York City

Stocks opened lower after a rally that lifted indexes to five-year highs last week. European markets weakness weighed heavily on the market sentiment after index in Spain and Italy dropped 2%.

Nikkei Extend Gains on Yen Weakness, Sony, Panasonic, Sharp Rise

Hiruki Nakamura
04 Feb, 2013
New York City

Stocks in Tokyo extended gains of the longest rally in last fifty years on the international economic data. The yen weakened more as the government, central and pension fund work in concert to debase the currency.

Australian Building Approvals Fall 4.4%, Stocks Ease

Marcus Jacob
04 Feb, 2013
New York City

Australian stocks eased for the second day in a row ahead of rate announcement from Reserve Bank of Australia tomorrow. Stocks were also under pressure after the home building approvals declined 4.4% in January. Transurban and Cochlear are set to release earnings tomorrow.

India Movers: Bank of Baroda, Indian Bank Net Slip, Berger Paints Net Soars

Mukesh Buch
04 Feb, 2013
New York City

Adani Enterprises third quarter net increased 2.2% and Bank of Baroda net declined 21.6%. Berger Paints net surged 56.4%. Hero MotoCorp January total sales climbed 7%. Indian Bank net tumbled 37.1%. IL&FS Transportation net jumped 18.6% and Rural Electrification net surged 33.4%.

U.S. Leads World Markets Rally on Construction and Manufacturing Strength

Bikram Pandey
01 Feb, 2013
New York City

Market indexes on Wall Street gained more than 1% and extended gains for the year. The S&P 500 index added 0.6% in the week and added 6.1% in the year so far on the strength in manufacturing and construction industry. World markets gained and the euro advanced to a 14-month high.

Europe Movers: BT, Bankia, Electrolux, Popolare, Tate & Lyle

Barry Randall
01 Feb, 2013
New York City

BT Group soared 7% after it reported higher than expected adjusted operating earnings. Banca Popolare di Milano may restructure as a joint stock company. Stocks in Madrid declined after financial regulator lifted a ban on short selling. Tate & Lyle fell on sucralose sales outlook.

European Markets Rebound on Manufacturing Data and Global Hopes

Barry Randall
01 Feb, 2013
New York City

European markets rebounded at the fastest pace in three weeks after latest economic data in the region indicated improved manufacturing sector. The data in China and U.S. also supported optimism. Spanish index dropped 1.7% after a regulator lifted short selling ban.

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