ticker

German Sentiment Improves; Hungarian Retail Sales Up

Arthi Gupta
25 Jan, 2012
New York City

German confidence rose for the third month in a row in January and Spanish producer price index slowed in December. Retail sales in Hungary improved but in Italy fell in November.

ECB May Face Losses on Greek Bonds; Ericsson, Novartis Net Plunge

Arthi Gupta
25 Jan, 2012
New York City

European markets declined after mixed corporate earnings as Germany sold 30-year bonds amidst strong demand. UniCredit planned to raise up to

Wall Street Declines; Refiner Petroplus Seeks Insolvency

Bikram Pandey
24 Jan, 2012
New York City

The U.S. indexes declined after rallying for five days in a row. Global companies are beginning to feel the impact of weak euro and fast food retailer McDonalds lowered earnings outlook. The oil refiner Petroplus based in Switzerland defaulted on bond payment as refineries in South Korea and India.

U.S. Movers: Baker Hughes, EI DuPont, McDonald

Mukesh Buch
24 Jan, 2012
New York City

Air Products and Chemicals first quarter net fell to $248 million and Baker Hughes fourth quarter net slipped to $314 million. EI DuPont fourth quarter net fell to $373 million. McDonald

Nikkei at 3-month High; Toyota, Elpida, Olympus in Focus

Nigel Thomas
24 Jan, 2012
New York City

Stocks in Japan traded higher and the benchmark index Nikkei traded at a 3-month high. Sony is expected to announce a stake in Olympus as early as next week that may lead to a business alliance. Elpida is expected to be a part of a three way merger with the U.S based Micron.

Australian Stocks Flat; Lynas Raises $225 Million

Marcus Jacob
24 Jan, 2012
New York City

Australian market indexes closed flat and resources stocks led the losers. Rare earth miner and processor arranged $225 million in financing for its Malaysia based refinery. The IMF urged Australian banks to increase capital reserves.

UK Indexes Decline on French Bank Downgrades

Arthi Gupta
24 Jan, 2012
New York City

The UK indexes fell and public sector borrowing decreased more than anticipated and Irish home prices fell in December. HSBC agreed to sell its Latin American businesses to Colombia''s Davidienda for $801 million.

U.S. Indexes Meander; J&J Net Slumps 89%

Arthi Gupta
24 Jan, 2012
New York City

The U.S. indexes declined as the deadlock between Greece and its bondholders continues. SPX agreed to sell its Service Solutions business to Robert Bosch for $1.15 billion. The ILO warned of bleak global unemployment outlook.

Siemens, KPN Net Drops; Spain Sold

Arthi Gupta
24 Jan, 2012
New York City

European markets edged lower after weaker than anticipated corporate earnings. Spain sold

Euro Area Private Activity Improves; Spanish Home Lending Drops

Arthi Gupta
24 Jan, 2012
New York City

Activity in the euro area private sector increased in January with growth in Germany and France. Euro area industrial orders fell, German leading index slid and Spanish mortgage lending declined in November. Finnish jobless rate dropped in December.

Wall Street Flat as World Markets Turn Cautious

Bikram Pandey
23 Jan, 2012
New York City

U.S. stocks trade flat as the European leaders discuss the plans to merge two ad hoc rescue funds and finalize the plan to make it a permanent fund with

Record Dividends Payments in UK; Mortgage Lending Falls

Arthi Gupta
23 Jan, 2012
New York City

The UK indexes traded higher and mortgage lending declined in the UK in December and the household finance index rose in January. UK dividends surged to a record

Nikkei Flat in Tokyo; Olympus Jumps 8%

Nigel Thomas
23 Jan, 2012
New York City

Stocks in Japan traded flat and construction companies were in focus for the second day in a row. Olympus gained 8% after Tokyo Stock Exchange approved its listing with a management review. Sony gained on the hopes of it taking a stake in Olympus.

U.S. Indexes Rise; Halliburton Net Soars 50%

Arthi Gupta
23 Jan, 2012
New York City

The U.S. indexes gained and Apache agreed to acquire Cordillera Energy for $2.85 billion. Research in Motion shuffled top management and replaced its chief executives. The IMF chief urged euro zone finance ministers to expedite setting up the rescue fund.

Australian Wholesale Inflation Up 0.3%; Lynas Seeks Financing

Marcus Jacob
23 Jan, 2012
New York City

Australian stocks traded lower after wholesale inflation increased 0.3% in the December quarter. Lynas Corp was halted ahead of a financing deal that will avert cash crisis at the company. BHP won a regulatory approval to expand its port facility in the Pilbara region.

Market Update