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European Indexes Higher; Economic Outlook Uncertain

Arthi Gupta
23 Jan, 2012
New York City

European markets edged higher ahead of a meeting of European Union finance ministers in Brussels today. Germany sold

French Sentiment Drops; German Economic Outlook Weakens

Arthi Gupta
23 Jan, 2012
New York City

French business sentiment weakened in January. German economic growth at a standstill and Spanish economy contracted in the fourth quarter. Swiss money supply growth increased in December.

Wall Street Meanders; Global Markets Cautious

Bikram Pandey
20 Jan, 2012
New York City

Stocks in New York traded sideways after a mixed bag of earnings. Technology companies were in focus after Intel, Microsoft and Google reported earnings. Intel forecasted stronger revenues in the current quarter and Google missed its revenues and earnings outlook.

UK Retail Sales Rebound; Vodafone Won Tax Ruling in India

Arthi Gupta
20 Jan, 2012
New York City

The UK indexes fluctuated after retail sales volume rebounded in December. Irish economy is estimate to weaken this year. Vodafone won its tax case against Indian government for the purchase of a stake in the local telecom carrier.

U.S. Movers: General Electric, Google, IBM, Microsoft

Devan Biswas
20 Jan, 2012
New York City

General Electric said quarterly revenues decreased 8% and quarterly earnings dropped 18%. Google Inc plunged 8% after it missed earnings outlook. IBM gained 4% after it reported net income increase of 4%.

U.S. Indexes Mixed; GE Net Falls 18%, Google Drops 8%

Arthi Gupta
20 Jan, 2012
New York City

The U.S. indexes traded sideways ahead of the outcome of stalled talks between Greece and its international lenders. Investors were cautious in early trading despite positive earnings from tech companies. Intel quarterly net rose 4.6% and Google net rose 7% but fell short of expectations.

Financials, Real Estate Developers Drive Nikkei to 3-month High

Nigel Thomas
20 Jan, 2012
New York City

Financials and real estate developers led the market advance as investors rotated sectors on rising trading volume. Exporters and electronics maker rose after positive earnings and economic data in the U.S.

German Wholesale Inflation Soars 5.7%; French Leading Index Falls

Arthi Gupta
20 Jan, 2012
New York City

German annual producer price inflation accelerated in December. French leading economic index declined and consumer spending in the Netherlands eased in November.

Australian Terms of Trade Fall; Retailers Sales Drop in 2011

Marcus Jacob
20 Jan, 2012
New York City

Australian stocks traded higher and the benchmark index gained 1% in the week and closed up 4.5% in the year. Australian terms of trade declined from seven decade peak in the fourth quarter after a fall in prices of iron ore, cotton and cereals. Retailers suffered strong decline in sales in 2011.

Greek Negotiations in Focus; Airbus, Cathay in $1.63 B Deal

Arthi Gupta
20 Jan, 2012
New York City

European markets struggled as investors focused on the difficult negotiations between Greece and international lenders. Hong Kong-based Cathay Pacific agreed to buy six Airbus aircraft for $1.628 billion. ThyssenKrupp said first quarter operating earnings are expected to be lower.

Earnings Parade Drive U.S. Market Sentiment

Bikram Pandey
19 Jan, 2012
New York City

U.S. stocks and indexes gained after eBay, Morgan Stanley, Union Pacific and Bank of America report earnings. Bank of America swung to profit on asset sale and the bank is expected to eliminate 30,000 staff at the end of its restructuring.

U.S. Movers: Bank of America, eBay, Morgan Stanley, UnitedHealth

Mukesh Buch
19 Jan, 2012
New York City

Bank of America fourth quarter net swung to $2 billion and Morgan Stanley reported fourth quarter net loss of $275 million. eBay fourth quarter net surged 254% to $1.98 billion. Union Pacific fourth quarter net soared 24% to $964 million.

Construction, Semiconductor Stocks Lead Nikkei Advance

Nigel Thomas
19 Jan, 2012
New York City

Stocks in Tokyo traded gained on the strength in construction and resources sectors but traders were cautious ahead of bond offerings in the euro zone and talks between Greece and its lenders. Semiconductor equipment makers and exporters closed higher.

UK Confidence Drops and Auto Production Rises 5.8%

Arthi Gupta
19 Jan, 2012
New York City

The UK indexes climbed ahead of earnings in financial sector and consumer confidence fell and Irish inflation eased in December. The UK auto production rose 5.8% in 2011. Lloyds is expected to cut 700 jobs in the UK.

U.S. Indexes Rise on Economic Data; BofA Swings to Profit

Arthi Gupta
19 Jan, 2012
New York City

The U.S. indexes traded higher on upbeat economic data but housing starts fell to annual rate of 657,000 and consumer prices remained unchanged in December. Weekly jobless claims fell to 352,000. Morgan Stanley swung to loss.

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