ticker

Nikkei Halts 7-Day Rally; Sharp, DeNa Gain; Jtek, Kawasaki Heavy Fall

Nigel Thomas
24 Oct, 2012
New York City

The benchmark Nikkei index declined for the first time in eight days and halted the longest rally in 26 months. Sharp Corp gained 6% after the company began selling smartphone in China. Jtek and Kawasaki Heavy declined after companies missed their estimates.

U.S. Indexes Rebound On Earnings, Facebook Surges

Arthi Gupta
24 Oct, 2012
New York City

U.S. indexes gained ahead of the release of existing home sales data. Dow Chemical planned to cut about 2,400 jobs as part of its restructuring plans. Bard agreed to acquire Neomend for $140 million. Facebook soared 20% after revenues increased 32%.

Australian Inflation Jumps to 1.4%, Global Worries Weigh on Stocks

Marcus Jacob
24 Oct, 2012
New York City

Australian markets eased after inflation jumped more than expected in the three months to September but still within the target range set by the central bank. The latest increase was driven by the introduction of carbon tax.

Euro Falls on Weak German Economic Data

Arthi Gupta
24 Oct, 2012
New York City

The European indexes advanced. German confidence deteriorated, euro area private sector activity fell to a 40-month low, and UK factory orders fell unexpectedly in October. Rolls-Royce won a $2.6 billion order from Singapore Airlines.

Europe Movers: Volvo, SSAB, Peugeot, Puma, Home Retail, SAP, Telenor

Arthi Gupta
24 Oct, 2012
New York City

Puma estimates annual net earnings to be significantly less than last year. Home Retail half-year sales slid 1% to

Nikkei Extends Rally to Seventh Day, Kansai Electric Plunges 13%

Nigel Thomas
23 Oct, 2012
New York City

Stocks in Japan closed higher for the seventh day in a row as the yen softened to a 4-month low. Utilities dropped more than 6% after Kansai Electric was said to cancel its annual dividend and report a loss in six-month period.

Australian Indexes Flat, Ten Struggles to Sell Outdoor Ad Unit

Marcus Jacob
23 Oct, 2012
New York City

Australian indexes closed flat after early gains. Ten Networks confirmed a lower bid of $110 million for its outdoor advertising business. UBS confirmed that a client placed a large order of $200 million that was later cut to $56 million and contributed to the spike in eight stocks on last Thursday.

U.S. Indexes Lower, Chesapeake Completes Permian Basin Assets Sale

Arthi Gupta
23 Oct, 2012
New York City

U.S. indexes edged lower and investors focus on the two-day FOMC meeting starting today. Chesapeake completed the sale of its Permian Basin asset sales. DuPont plans eliminating about 1,500 positions globally in the next 12 to 18 months.

European Markets Fall, French Confidence Deteriorates

Arthi Gupta
23 Oct, 2012
New York City

The European indexes declined and Spain raised

Europe Movers: ARM, Nokia, Syngenta, Experian, Alfa Laval, Norsk Hydro

Arthi Gupta
23 Oct, 2012
New York City

ARM revenue climbed to

Wall Street Trims Early Losses, Russia Tightens Control on Energy Supply

Bikram Pandey
22 Oct, 2012
New York City

Stocks in New York and in Europe drifted after earnings worries resurfaced. Japan reported a sharp decline in exports for the fourth month in a row and Caterpillar lowered outlook. Russia controlled Rosneft agreed to acquire TNK-BP joint venture for $55 billion and tighten control of energy supply.

European Indexes Slide, German Outlook Lowered

Arthi Gupta
22 Oct, 2012
New York City

The European indexes edged lower on weak Japanese trade data. Euro area government deficit dropped in 2011. The German economy is estimated to shrink in the fourth quarter. The UK household finance index rose in October.

Stocks in New York Flat, Caterpillar Outlook Weighs

Barry Randall
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.

Cautious Trading in New York, Caterpillar Outlook Weighs

Barry Randall
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia controlled Rosneft agreed to acquire the entire joint venture TNK-BP.

Choppy Trading on Wall Street, Caterpillar Outlook Weighs

Barry Randall
22 Oct, 2012
New York City

Stocks in New York were flat in a choppy session after Caterpillar lowered its outlook on weak economy. Peabody, the largest coal miner jumped after it revised higher annual sales outlook. Russia based Rosneft agreed to acquire the entire joint venture BP-TNK.

Market Update