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Europe Movers: Ingenico, Rentokil, Safran, Vivendi, Volkswagen

Nigel Thomas
15 Mar, 2013
New York City

Bwin.party said total loss for the year narrowed to

Kuroda Confirmation Lifts Nikkei 1.5%, Sony Surges 11%

Hiruki Nakamura
15 Mar, 2013
New York City

Japanese lawmakers confirmed the leadership change at the Bank of Japan. Central Bank is scheduled to begin its two-day meeting on April 3. Nikkei jumped 1.5% and banks and shipping companies led the gainers.

Australian Markets Rebound

Marcus Jacob
15 Mar, 2013
New York City

Australian stocks rebounded following the sustained gains in New York. Market indexes opened higher and built more gains after miners and banks participated in the rally.

India Movers: Corporation Bank, Dredging, HPCL, NALCO, Punj Lloyd

Mukesh Buch
15 Mar, 2013
New York City

Corporation Bank shareholders approved preferential share allotment to government. Dredging opened its public issue of tax-free bonds to raise $90 million. HPCL plans to set up petrochemical complex in Rajasthan. Nalco public offer fully subscribed.

U.S. Movers: Global Partners, Hot Topic, Buckle, Men

Mukesh Buch
14 Mar, 2013
New York City

Global Partners fourth quarter net surged 126% and Hot Topic net jumped 35%. Buckle fourth quarter net climbed 9% to $61.4 million and Men

Jobless Claims Fall, S&P 500 Index Inches Near Record High

Nichole Harper
14 Mar, 2013
New York City

Stocks in New York traded higher after weekly jobless claims declined for the second week in a row and wholesale prices fell and current account deficit shrank unexpectedly in February. S&P 500 index inched closer to all-time closing high.

Europe Movers: Generali, Aggreko, Lufthansa, Ocado, Wm Morrison

Nigel Thomas
14 Mar, 2013
New York City

Generali said profit for the year plunged 68.2% to

European Markets Advance on Summit, Switzerland Reaffirms Cap Commitment

Nigel Thomas
14 Mar, 2013
New York City

European markets advanced as leaders meet for a two day summit and finance ministers are set to begin meeting tomorrow. Swiss central bank reaffirmed its commitment to defend cap with the euro and left its growth estimate for the current year unrevised.

Nikkei Surges 1.2%, Lower House Approves Kuroda

Hiruki Nakamura
14 Mar, 2013
New York City

Stocks in Tokyo advanced after the lower house of Parliament approved the three nominees to lead the Bank of Japan. Foreign investors added Japanese stocks at the fastest pace last week since the record keeping began in 2005. Kubota gained after the company cited higher sales on weaker yen.

India Movers: Dish TV India, BGR, Nalco

Mukesh Buch
14 Mar, 2013
New York City

Allahabad Bank lowered interest rate by 5 basis points. BGR Energy pulled out from NTPC power equipment supply contract. Infosys wins five-year contact from BMW Group. Government plans to sell 5% stake of Nalco on Friday.

Australian Index Drops 1.2%, Unemployment Steady at 5.4%

Marcus Jacob
14 Mar, 2013
New York City

Australian stocks fell sharply on the rising worries that iron prices may dip to new lows and banks are trading ahead of fundamentals. Iron ore prices declined to $139 a ton. Aurizon, freight railroad operator secured a coal transportation contract with Xstrata.

European Factory Output Falls 0.4%, Italian Debt Auction Yields Rise

Barry Randall
13 Mar, 2013
New York City

European markets traded lower after factory output in the currency union fell more than expected 0.4% in January. Italy fell short of its estimated maximum target of bond sale today as yield rose the most since December.

Retail Sales, Inventories Data Lead to Higher U.S. Growth Estimates

Nichole Harper
13 Mar, 2013
New York City

Economists lifted economic growth projections after retail sales increased at the fastest pace in five months in February and business inventories rose the most in a year and a half in January. Energy stocks were in focus in New York trading.

U.S. Movers: Dole Food, Elbit Systems, Express, Spectrum Pharmaceuticals

Mukesh Buch
13 Mar, 2013
New York City

Dole Food fourth quarter net swung to $210 million loss and Elbit Systems net swung to $57.2 million profit. Express fourth quarter net jumped 6% and Kronos Worldwide net swung to loss. Spectrum Pharmaceuticals tumbled on weak outlook for 2013.

Stocks in Tokyo Consolidate, Toyota Offers Record Bonuses Since 2008

Hiruki Nakamura
13 Mar, 2013
New York City

Japanese stock markets traded sideways as indexes consolidate after a rally of 43% in the last six months. Toyota and several Japanese companies announced higher bonuses as the financial year nears end. International investors are still adding net new equity positions in Japan.

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