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U.S. Stocks Fall On New Greek Worries; Oil Halts 3-day Rally

Nichole Harper
10 Feb, 2012
New York City

U.S indexes dropped 1% as investors were on the defensive as Greek debt talks reach next hurdle. Crude oil halted 3-day rally and commodities declined on the economic worries. LinkedIn jumped 9% after net income soared 30%.

European Markets Slide; Barclays Rise, Total and Saab Fall

Devan Biswas
10 Feb, 2012
New York City

European markets traded lower after the euro zone finance ministers set more conditions for Greece before releasing the next bailout funds. Saab declined 9% after quarterly orders were below expectations. Barclays accelerated plans to cut expenses and trim bonuses.

U.S. Movers: Alliant Energy, Calpine, FLIR Systems, PPL, LinkedIn

Mukesh Buch
10 Feb, 2012
New York City

Alliant Energy fourth quarter net increased to $57 million. Brookfield Office fourth quarter net slumped to $338 million and PPL Corp. fourth quarter net increased to $401 million. Telus Corp. fourth quarter net increased 5% to $237 million.

Nikkei Backs Down, Softbank Jumps

Nigel Thomas
10 Feb, 2012
New York City

Stocks in Japan declined and market averages edged lower as corporations reported mixed earnings. Softbank surged on the prospects of China based Alibaba.com going private. Freight shipping companies gained on the price hike for container shipments.

Australian Banks Raise Rates; Stocks Fall

Marcus Jacob
10 Feb, 2012
New York City

Australian stocks edged lower for the second day following weak results from BHP Billiton and Rio Tinto. Ongoing turmoil in Greece also weighed on investor sentiment. ANZ and Westpac raised interest rates on mortgage lending.

U.S. Markets Advance on Earnings, Greece at Next Hurdle

Bikram Pandey
09 Feb, 2012
New York City

U.S. stocks traded higher on positive domestic earnings and renewed market optimism. Greek negotiations reached next hurdle as lawmakers prepare to approve agreement with international lenders this weekend. Inflation in China surged to a seven month high.

U.S. Stocks Advance; Oracle to Buy Taleo for $1.9 Billion

Nichole Harper
09 Feb, 2012
New York City

U.S. stocks traded sideways and 49 states agreed to a settlement with five largest U.S. banks for $26 billion for foreclosure abuses. PepsiCo plans to trim $1.5 billion in cost and Cisco Systems quarterly sales exceeded expectations.

U.S. Movers: Bunge, Cisco, Groupon, PepsiCo, Thomson Reuters, Visa

Mukesh Buch
09 Feb, 2012
New York City

Bunge fourth quarter net dropped to $245 million. Cisco second quarter net surged 44% to $2.2 billion. PepsiCo fourth quarter net increased 4% to $1.42 billion. Thomson Reuters fourth quarter net loss swung to $2.6 billion. Visa first quarter net increased to $1 billion.

European Markets Higher on Greek Agreement, Hermes Sales Up 18%

Devan Biswas
09 Feb, 2012
New York City

European markets closed ahead of the euro zone finance ministers meeting. Greek parties agreed on the broad points of labor reforms and government spending cuts after all night marathon negotiations as Greek economy descends deeper into recession.

Nikkei in Tokyo Sideways; Nissan, Daikin, Nippon Paper in Focus

Nigel Thomas
09 Feb, 2012
New York City

Japanese stock indexes were nearly unchanged and foreign investors added to stocks for the sixth week in a row. Nissan Motor Co said quarterly operating profit increased 3.6%. Daikin Industries Ltd lowered its annual income outlook.

Australian Stocks Ease; Rio Tinto Writes Down Alcan Acquistion

Marcus Jacob
09 Feb, 2012
New York City

Australian stocks eased after China reported a surge in inflation in January. After the close, Rio Tinto said its annual earnings dropped 59% to $5.8 billion after it wrote down its Alcan Aluminum business by $8.9 billion. Tabcorp and News Corp gained on earnings.

Global Markets Look Beyond Greek Saga

Bikram Pandey
08 Feb, 2012
New York City

Global markets Struggled as Greek debt negotiations stall with deadline looming and cost of bailout increase. BHP Billiton reported a record revenues and strong earnings of $9.94 billion in the first half on the sustained Chinese demand for iron ore. Caesars Entertainment public offering shots up.

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