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Europe Movers: Lloyds Loss Narrows, William Hill Profit Surges

Nigel Thomas
01 Mar, 2013
New York City

Belgacom fiscal net declined 6% and Lloyds net loss for the year narrowed. Thales net for the year jumped 5% and William Hill profit surged 58% and agreed to pay

U.S. Economic Growth Revised to 0.1%, Consumer Spending at 2.1% Rate

Nichole Harper
28 Feb, 2013
New York City

Stocks in early trading searched for direction after economic growth was revised to 0.1% increase. Consumer spending increased as 2.1% annual rate and residential construction growth was revised to 17.5%. Weekly jobless claims declined. Lawmakers struggle to avoid $85 billion cuts in spending.

Nikkei Surges 2.7%, Industrial Production Rises 1%

Hiruki Nakamura
28 Feb, 2013
New York City

Stocks in Japan closed higher after global market worries eased. The yen held above 92 ahead of central bank chief appointment tomorrow. Industrial production increased 1% in January from December.

U.S. Movers: Groupon, J. C. Penney, Kohl

Mukesh Buch
28 Feb, 2013
New York City

Ansys fourth quarter net soared 18% and Chico

Australian Indexes at New 4-Year Highs, New Home Sales Up 4.2%

Marcus Jacob
28 Feb, 2013
New York City

Australian stocks closed at a new 4-year high and gained more than 4% in the month. Private sector capital spending declined 1.2% in the December quarter and was estimated at $152 billion in the fiscal year. New home sales increased 4.2% in January.

Europe Movers: Bayer, Bankia, Deutsche Telekom, Royal Bank of Scotland

Nigel Thomas
28 Feb, 2013
New York City

Bayer said fiscal year net was flat. Bankia recorded net loss of

India Movers: HDFC Bank, Indiabulls, JSW Steel, Strides Arcolab, Suzlon

Mukesh Buch
28 Feb, 2013
New York City

U.S. based private equity fund sold $90 million stake in Apollo Hospital. HDFC raised $500 million in foreign currency bonds. Jet Airways sold three Heathrow airport gates for $70 million. Suzlon tumbled 34%.

Italian Debt Auction Fuels European Market Rebound

Nigel Thomas
27 Feb, 2013
New York City

European markers sharply rebounded after Italy managed to place debt at a slightly higher yield. Market indexes in Paris rebounded 1.9% and in Milan jumped nearly 2%. Italian bond yields closed at 4.83%, a four-month high.

Market Indexes in New York Advance on Rise in Core Industrial Orders

Nichole Harper
27 Feb, 2013
New York City

U.S. stocks extended gains for the second day in a row after core durable goods orders indicated improving economy. Market indexes also advanced after Italian treasury sold debt meeting its maximum sale target.

Nikkei Extend Losses in Choppy Trading on Global Worries

Hiruki Nakamura
27 Feb, 2013
New York City

Nikkei indexes declined for the second day in a row and extended losses to 4% and pared the yearly gain to 8.8%. The yen was in focus ahead of the central bank chief nomination.

U.S. Movers: CenterPoint Energy, Dollar Tree, priceline.com, Target, TJX

Mukesh Buch
27 Feb, 2013
New York City

CenterPoint Energy fourth quarter net surged 15% and Dollar Tree net soared 54%. priceline.com net climbed 28% and Target net slid 2%. TJX net slipped 5% and AES net dropped 27%.

Europe Movers: AB Inbev, EADS, Centrica, Restaurant Group, Weir

Nigel Thomas
27 Feb, 2013
New York City

AB Inbev fiscal net climbed 24% and EADS net surged 19%. Centrica net surged more than two-fold and Henderson net jumped nearly three-fold. Restaurant Group profit for the year advanced 6% and Weir net increased 6% to

Australian Stocks Advance, Dollar at New Yearly Low

Marcus Jacob
27 Feb, 2013
New York City

Australian indexes gained higher and the dollar declined to a new low in the year. Resource companies and banks led the gainers. Investors appeared cautious for the current year earnings after corporations met or exceeded expectations in the current earnings season.

India Movers: Bata India, Bosch, Jet Air, L&T, NTPC, Suzlon

Mukesh Buch
27 Feb, 2013
New York City

Bata India fourth quarter net climbed 13% and Bosch net declined 39%. Jet Airways surged 19% as the expectations of a deal with Etihad Airways rose. NTPC plan to invest $2.4 billion in power and mining plants. Suzlon Energy wins order for 102.9 mega watt project from ONGC.

U.S. Markets Breakout, World Markets Fall on Italian Uncertainties

Bikram Pandey
26 Feb, 2013
New York City

Stocks on Wall Street closed higher after housing market reports showed another month of improving data and consumer confidence gained. Markets in Europe fell sharply after Italian general elections failed to deliver a governing majority to a single party.

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