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Wall Street Rallies, Chrysler Leads Auto Sales Growth, Chain Store Sales Lag

Bikram Pandey
01 Nov, 2012
New York City

Stocks on Wall Street advanced after latest jobless claims and private sector employment growth. U.S. manufacturing also advanced in the previous month. Auto sales rose less than expected and same store sales lagged expectations in October.

Stocks Rally on Jobless Claims Data and 4-year High Confidence

Nichole Harper
01 Nov, 2012
New York City

Market indexes in New York jumped more than 1% after weekly jobless claims declined and manufacturing growth increased in October. Construction spending rose to a three-month high and consumer confidence increased to the highest in four years.

U.S. Movers: Cigna, Exxon Mobil, Exelon, Kellogg, Pfizer, Visa

Mukesh Buch
01 Nov, 2012
New York City

Cigna third quarter net jumped 155% on revenue growth. Exxon Mobil net slumped 7% and Exelon profit plunged 51%. Pfizer third quarter net declined 14% as sales dropped. Visa fourth quarter net soared 89%.

Weaker Yen Lifts Nikkei in Tokyo; TDK, Sharp, Sony Fall on Earnings Outlook

Nigel Thomas
01 Nov, 2012
New York City

The Nikkei average in Japan increased for the second day in a row after the yen softened and China reported first manufacturing advance in October in three months. TDK Corp and Fujifilm Holdings, Sony and Sharp fell on weak quarterly results.

Australian Stocks Drift Lower, Home Prices Decline

Marcus Jacob
01 Nov, 2012
New York City

Australian stocks drifted lower after weak opening despite the evidence that Chinese manufacturing activities are stabilizing. Home prices in Australian cities declined for the first time in five months.

Greek Leaders Divided on New Austerity Demands, UK Home Prices Rise

Arthi Gupta
01 Nov, 2012
New York City

The European indexes gained after a rebound in Chinese manufacturing activity. The UK home prices increased more-than-estimated and Greek manufacturing activity declined in October. Swiss retail sales eased in September.

Europe Movers: Dr

Arthi Gupta
01 Nov, 2012
New York City

Dr

In Active Trading Indexes Flat in New York; Netflix, PVH Surge

Bikram Pandey
31 Oct, 2012
New York City

Stocks were little changed and 2.76 billion shares changed hands on the New York Stock Exchange. Home Depot and Lowe

Stocks on Wall Street Drift Lower in Heavy Trading After Historic Closure

Nichole Harper
31 Oct, 2012
New York City

Stocks on Wall Street traded volatile after a historic two-day market closure. Markets opened smoothly after the exchanges and market makers coordinated activities and used back up facilities. Home Depot and Lowes jumped on the expectations of higher sales after Hurricane Sandy.

Disney to Acquire Lucasfilm for $4.05 Billion

Barry Randall
31 Oct, 2012
New York City

Walt Disney ((DIS)) agreed to acquire Lucasfilm from the producer George Lucas and its Star Wars franchise for $4.05 billion in cash and stock.

U.S. Movers: BorgWarner, Cummins, GM, Hyatt, MasterCard

Mukesh Buch
31 Oct, 2012
New York City

American Tower third quarter net dropped 22% and lifted fiscal outlook. BorgWarner quarterly net plunged 29% and revised guidance. Cummins net dropped 22% as sales dropped. GM third quarter net declined 12% and WEX net tumbled 70%. MasterCard third quarter net climbed 8% to $772 million.

Nikkei Jumps 1%; Hitachi, Komatsu, Fanuc Fuji Heavy Up on Outlook

Nigel Thomas
31 Oct, 2012
New York City

Investors shifted attention to domestic earnings news and the Nikkei in Tokyo jumped 1%. Hitachi and Komatsu gained after maintaining annual earnings outlook and Fuji Heavy soared 7% after lifting earnings estimate.

New High in Euro Zone Jobless Rate, German Retail Sales Rise

Arthi Gupta
31 Oct, 2012
New York City

The European indexes gained after the euro area jobless rate rose to a record 11.6% and German retail sales improved in September. The UK consumer confidence fell to a six-month low in October.

Australian Building Approvals Rise 7.8%, NAB Profit Falls 22%

Marcus Jacob
31 Oct, 2012
New York City

Australian stocks closed higher after residential building approvals increased 7.8% in September. National Australian Bank reported full year revenues increased 5.2% and net income dropped 22% to $4.08 billion on losses and restructuring charges linked to UK operations.

Europe Movers: ArcelorMittal, Barclays, Continental, Total, Novo Nordisk

Arthi Gupta
31 Oct, 2012
New York City

Barclays and ArcelorMittal slip to quarterly loss. Continental nine-month sales jumped 9.1% to

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