ticker

Europe Movers: Gerresheimer, BG Group, Societe Generale, EDF

Arthi Gupta
04 Oct, 2012
New York City

Deutsche Telekom agreed to merge its U.S. wireless unit with MetroPCS. Gerresheimer quarterly earnings fell 25%. BG Group agreed to sell majority stake in India-based Gujarat Gas for $470 million. EDF plans to hire 6,000 to payroll.

Oil Slumps and Stocks Struggle on Wall Street, HP Plunges 13%

Bikram Pandey
03 Oct, 2012
New York City

Market indexes on Wall Street closed higher for the third day in a row and oil dropped more than 3%. Investors await labor market report on Friday and reacted negatively to the weak economic data from the euro zone and China. Crude oil futures dropped to the lowest since August.

Choppy Markets in New York, Gains in Private Employment and Service Sector

Nichole Harper
03 Oct, 2012
New York City

Stocks on Wall Street were choppy after the private sector added more than expected jobs and the index of service sector expanded faster than expected in September.

Euro Zone Survey Forecasts Recession

Devan Biswas
03 Oct, 2012
New York City

European markets were in a holding pattern ahead of the central bank meeting tomorrow. The latest survey of businesses showed a decline in activities and indicated recessionary trend in the region. Central banks in Europe and UK are set to hold rates at meeting tomorrow.

World Markets Consolidate, Auto Sales Exceed Expectations

Bikram Pandey
02 Oct, 2012
New York City

Wall Street gains evaporated after hopes of immediate bailout for Spain receded. Markets consolidated recent gains after indexes surged more than 6% in the last five weeks and broader indexes gain more than 14% in the year.

Wiley to Purchase Deltak.edu for $220 Million

Devan Biswas
02 Oct, 2012
New York City

John Wiley said it agreed to acquire online education service provider Deltak.edu for $220 million.

Early Gains in New York Evaporate

Nichole Harper
02 Oct, 2012
New York City

Wall Street edged lower after opening sharply higher as Fed Chairman Bernanke offered cautious views on the economy. Investors look ahead at the meeting of central banks this week. Chrysler led September sales with a rise of 12%.

Spanish Bailout Hopes Extend European Markets

Devan Biswas
02 Oct, 2012
New York City

European markets extended gains for the second day on the hopes that Spanish bailout is in works and may be finalized as early as this weekend. Greece and troika inspectors struggled to finalize austerity steps before the release of next bailout tranche. The euro edged higher from a three-week low.

Wall Street Higher on Manufacturing Rebound, Retailers Add Seasonal Staff

Nichole Harper
01 Oct, 2012
New York City

Stocks on Wall Street advanced after the latest manufacturing survey indicated a rebound and new orders index also gained in September. Macy

European Markets Advance 1.5%; Record Euro Zone Unemployment

Bikram Pandey
01 Oct, 2012
New York City

Financial markets across Europe gained after Spain was deemed to need less than previously expected in a bank bailout. However, the broader economic outlook in the region remained week as unemployment surged to a record high of 11.4%.

Bailout Waiting Game for Spain May End Soon, World Markets Fall

Arthi Gupta
26 Sep, 2012
New York City

U.S. indexes tracked lower European markets after protests in Spain and Greece lifted tensions in the bond market and Spanish yields rose near 6%. Ford plans jobs cut in Europe. Onex agreed to acquire KraussMaffei for

Europe Movers: Infineon, Banco Santander, ICAP, LSE

Arthi Gupta
26 Sep, 2012
New York City

Infineon revised fourth quarter revenue guidance. Banco Santander priced initial public offering of its Mexican subsidiary. ICAP estimated first-half group revenue to be lower than the previous year.

Unrests in Greece and Spain Drag Euro Zone Markets 2%

Arthi Gupta
26 Sep, 2012
New York City

The European indexes dropped more than 2% as politicians face street protests. Italy raised

Wall Street Turns Lower on Fed Dissent, Home Prices Strengthen

Bikram Pandey
25 Sep, 2012
New York City

U.S. stocks drifted lower at close after a Fed official criticized the latest stimulus plan from the Fed and Caterpillar lowered its outlook in 2015. Metropolitan home prices in twenty largest cities increased for the third month in a row.

U.S. Movers: Carnival, FactSet, Neogen, Paychex, Red Hat, Staples

Mukesh Buch
25 Sep, 2012
New York City

Carnival Corp profit nearly was flat and FactSet net jumped 19%. Neogen net climbed 12% and Red Hat net declined 13%. Paychex estimated fiscal revenues to increase as much as 6%. Staples announced restructuring. Vail Resorts lowers its fiscal outlook.

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