ticker

Nikkei Nears 4-Year High as Yen Drops to 3-Year Low

Hiruki Nakamura
18 Feb, 2013
New York City

The Nikkei index in Tokyo soared 2.1% and the yen resumed its slide to drop near a 33-month low. G20 policymakers issued a broad statement that focus on the region and avoided a direct criticism of aggressive monetary easing by Japan.

Natixis Surges on Payout Plan, Carlsberg Falls on Weak Revenues

Barry Randall
18 Feb, 2013
New York City

Carlsberg revenue drooped and profit declined 10%. Independent News & Media plc sold its South African business. Natixis agreed to sell assets to Banques Populaires and Caisses d

Australian Indexes Extend Gains; Boart, Lend Lease, Amcor in Focus

Marcus Jacob
18 Feb, 2013
New York City

Australian stocks closed higher and mining and financial stocks extended gains. Boart Longyear plunged 8% after it reported 58% fall in full-year profit. Lend Lease reported 39% increase in profit. Amcor half-year net increased 16%.

World Markets and U.S. Stocks in Holding Pattern

Bikram Pandey
15 Feb, 2013
New York City

Stocks on Wall Street traded sideways and investors awaited comments from G20 policymakers gathering in Moscow. Gold and silver plunged sharply and the yen and the euro were in focus. 3G Capital and Berkshire Hathaway offered $1.4 billion in breakup fees for the Heinz deal.

U.S. Manufacturing Shrinks, Euro and Yen in Focus

Nichole Harper
15 Feb, 2013
New York City

U.S. stocks traded sideways as earnings, deals and currency trading overshadowed market sentiment. The euro and yen were in focus ahead of comments from policymakers gathering from 20 nations in Moscow. U.S. industrial production declined in January.

European Markets Flat as G20 Meeting Draws Attention from Currency Traders

Barry Randall
15 Feb, 2013
New York City

European markets edged slightly higher after the release of mixed batch of earnings. The meeting of G 20 finance ministers and central bankers drew attention from currency traders after the yen declined sharply in the last three months.

U.S. Movers: American Electric Power, Campbell Soup, CBS, Smucker

Mukesh Buch
15 Feb, 2013
New York City

American Electric Power fourth quarter net tumbled 93% and Campbell Soup second quarter net slipped 7%. CBS Corp fourth quarter net climbed 6% and Kraft Foods net tumbled 72%. Smucker third quarter net surged 32% and V.F. Corp fourth quarter net soared 30%.

Yen Volatility Drags Nikkei 1.2% Lower; Kirin, Rakuten Fall

Marcus Jacob
15 Feb, 2013
New York City

Investors sold stocks in Tokyo as the yen strengthened ahead of comments from G20 finance ministers in Moscow. Electronics exporters and automakers declined. Kirin Holdings declined 5% on weaker than expected operating earnings.

Australian Markets on Hold, ANZ Quarterly Net Falls

Marcus Jacob
15 Feb, 2013
New York City

Australian markets held firm for the third day in a row and banks and defensive companies led the gainers and miners led the decliners. ANZ reported a decline in profit in the latest quarter.

Europe Movers: Anglo American, Aker, Eni, PPR

Nigel Thomas
15 Feb, 2013
New York City

Anglo American, the copper and precious metals miner reported revenues in the quarter increased 10% but swung to a net loss of 10%. Aker Solutions plunged 12% on a decline in net income. Eni SpA said net income fell 1.4%.

India Movers: DLF, GAIL, MTNL, Suzlon Energy, Tata Motors

Mukesh Buch
15 Feb, 2013
New York City

DLF third quarter net slumped 10.5% and GAIL (India) net surged 18%. HCL Infosystems net swung to a loss and HNG net swung to a loss. MTNL and Suzlon Energy net loss widened. Tata Motors net plummeted 52%.

Heinz and Airline Deals Highlight Return of Mega Deals

Bikram Pandey
14 Feb, 2013
New York City

Stocks trade sideways on weak economic data from the euro zone and Japan. Deal making was in full swing after four large deals signal improving business confidence. World markets were on the defensive. Gold and copper eased but natural gas and gasoline were on the rise.

Heinz in $23 Billion Deal, AMR and U.S. Air in $11 Billion Merger Agreement

Nichole Harper
14 Feb, 2013
New York City

Deal making dominated market news in morning trading. Heinz agreed to a deal worth $23 billion, AMR and U.S. Air agreed on an all-stock $11 billion merger and Cardinal Health offered to buy AssuraMed for $2.07 billion.

Euro Zone Economic Decline Deepens, Stocks Falter

Barry Randall
14 Feb, 2013
New York City

European markets fell across the region after the economy in the currency union shrank in the final quarter by 0.6%. For the 2012, the economy in the region fell 0.5%. However, in the quarter the decline deepened in Greece, Spain, Portugal and Italy. Nestle reported lower than expected sales gains.

Europe Movers: Anheuser InBev, BNP, Bankia, Britvic, KBC, Renault

Barry Randall
14 Feb, 2013
New York City

The Swiss power company ABB reported higher than expected earnings. Anheuser Busch InBev, agreed to sell its Corono distribution in the U.S. for $2.9 billion. BNP Paribas rose after its plan to increase dividend. Bankia plunged 11%. A.G. Barr canceled its deal to buy Britvic. Renault soared 8%.

Market Update