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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.

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.

Europe Movers: Electrolux, Scania, Philips, Handelsbanken, BP

Arthi Gupta
22 Oct, 2012
New York City

Electrolux net sales rose 5.9% to SEK 27.17 billion and Philips earnings more than doubled from last year in the third quarter. BP agreed to sell its 50% share in TNK-BP to Rosneft and JCDecaux agreed to acquire a 25% stake in Russ Outdoor.

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.

Rosneft Agreed to Acquire TNK-BP Joint Venture

Nichole Harper
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.

U.S. Movers: Caterpillar, Hasbro, Lennox Intl., Peabody, V.F. Corp.

Mukesh Buch
22 Oct, 2012
New York City

Caterpillar third quarter net soar 49% and lowered fiscal guidance. Freeport-McMoRan net declined 21% and Hasbro net slipped 4%. Lennox Intl. net dropped 13% and lifted fiscal outlook. Peabody net plunged 84% and V.F. Corp. net surged 27%.

Rosneft Agreed to Acquire TNK-BP Joint Venture

Nichole Harper
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.

Nikkei Reverses 1.5% Decline, Exports Plunge 10.3% on China Dispute

Nigel Thomas
22 Oct, 2012
New York City

The benchmark Nikkei index rose for the sixth day in a row after dropping as much as 1.5%. Exports in September dropped for the fourth month in a row after shipments to China plunged 14%. Regional manufacturing survey showed economic weakness across.

Australia Lowers Economic and Fiscal Outlook, Stocks Fall

Marcus Jacob
22 Oct, 2012
New York City

Australian stocks turned lower from a new 15-month high on the weakness in resource sector. Australian government lowered its estimate of surplus and mining industry tax receipts over next four years.

Stocks Slide on Earnings and Euro Zone Worries

Bikram Pandey
19 Oct, 2012
New York City

Market indexes fell more than 1.5% after corporate earnings disappointed investors. European markets also closed lower as European leaders fail to resolve difference for a single banking supervision authority. Market indexes have jumped six-fold since 22% decline on Black Monday 25 years ago.

Best Weekly Gain of 5.5% in Nikkei Since December

Nigel Thomas
19 Oct, 2012
New York City

Nikkei index in Tokyo extended gains for the fourth day in a row as the yen weakened. The Nikkei jumped above 9,000 and closed more than 5% in the best weekly gain since December. China linked stocks advanced on the hopes of deceleration in the growth decline.

U.S. Movers: Air Products, Baker Hughes, GE, Honeywell, McDonald

Mukesh Buch
19 Oct, 2012
New York City

Air Products fourth quarter net declined 57% and Baker Hughes third quarter net plunged 60%. General Electric net increased 8% but foreign exchange fluctuations affected revenues. Honeywell net climbed 10%. McDonald

Australian Indexes at New 15-Month High

Marcus Jacob
19 Oct, 2012
New York City

Australian stocks closed at a new 15-month high after sentiment recovered in the mining sector. European leaders negotiated an agreement to finalize the legislation to offer banking aid to Spain. National Australia Bank declined after it reported flat earnings expectations in the fourth quarter.

U.S. Indexes Lower; Chipotle Plunges 15%, Microsoft Revenues Fall

Arthi Gupta
19 Oct, 2012
New York City

U.S. indexes edged lower after Google, Microsoft, McDonald

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