ticker

U.S. Movers: Abercrombie & Fitch, Cisco, Staples, Tyco International

Mukesh Buch
14 Nov, 2012
New York City

Abercrombie & Fitch third quarter net climbed 40% and reaffirmed fiscal guidance. Cisco first quarter net climbed 18% to $2.09 billion and forecasted revenue growth. Staples and Tyco International quarterly net swung to loss as sales dropped.

Greek Economy Contracts 7.2%, UK Jobless Rate Falls

Arthi Gupta
14 Nov, 2012
New York City

The European indexes declined. Italy sold

Europe Movers: BHP, ICAP, Infineon, RWE, Bilfinger, VimpelCom

Arthi Gupta
14 Nov, 2012
New York City

ICAP first-half revenues fell 14% to

U.S. Movers: Dick's Sporting, Saks, Home Depot, TJX, Vodafone

Mukesh Buch
13 Nov, 2012
New York City

Dick''s Sporting third quarter net climbed 4% on sales and lifted outlook. Saks quarterly net gained 3% and Home Depot net increased 1.4% to $947 million and increase fiscal guidance. TJX third quarter net soared 14% as comparable sales climbed 7%. Vodafone first-half swung to

U.S. Movers: D.R. Horton, Precision Castparts, Sherwin-Williams, WellCare

Mukesh Buch
12 Nov, 2012
New York City

Leucadia National agreed to buy Jefferies Group in a deal valued $3.6 billion. Precision Castparts on Friday agreed to acquire Titanium Metals for $2.9 billion. Sherwin-Williams agreed to acquire Mexico based Consorcio Comex valued $2.4 billion in cash.

Titanium Metals Merges with Precision Castparts, Leucadia to Buy Jeffries

Arthi Gupta
12 Nov, 2012
New York City

U.S. indexes gained as fiscal cliff worries recede and investors focus on recent economic data. Precision Castparts agreed to acquire Titanium Metals for $2.9 billion. Leucadia offered $3.6 billion to acquire remaining stake in Jeffries Group. D.R. Horton quarterly net soared.

Greek Parliament Approves Budget, German Wholesale Inflation Rises

Arthi Gupta
12 Nov, 2012
New York City

The European indexes traded sideways and Greek lawmakers approved the 2013 budget. German wholesale price index increased 4.6% on an annual basis in October. Dutch surplus declined in September.

Europe Movers: Deutsche Wohnen, Telecom Italia, Fraport, Manz, DSM

Arthi Gupta
12 Nov, 2012
New York City

Deutsche Wohnen nine months consolidated profit more than doubled. Telecom Italia soars on Egyptian investor offer of

U.S. Markets Halt Decline, Consumer Confidence at 5-Year High

Bikram Pandey
09 Nov, 2012
New York City

U.S. stocks halted two-day slide and gained on the hopes after lawmakers offered willingness to work together to avert fast approaching fiscal cliff. For the week, the S&P 500 and the Nasdaq Composite index dropped 2.4%.

Nikkei in 5-Day Slump; Nexon, Sumitomo Rubber Fall

Nigel Thomas
09 Nov, 2012
New York City

Stocks in Tokyo declined for the fifth day and fell to a 4-week low as investors worry slowing global economic outlook and rising debt worries in the U.S. and the euro zone. Nexon and Sumitomo Rubber declined on weaker outlook. Gungho Online soared 13%.

Australian Markets Worry Shifting Priorities in China

Marcus Jacob
09 Nov, 2012
New York City

Australian stocks closed lower and indexes closed flat for the week. Once in a decade change in Chinese leadership prompted worries of shifting priorities to consumption from infrastructure development.

U.S. Movers: Ameren, J. C. Penney, Groupon, Priceline.com, Disney

Mukesh Buch
09 Nov, 2012
New York City

Array plans to raise $18 million in a secondary offering. J. C. Penney loss narrowed and comparable store sales plummeted 26.1%. Groupon third quarter loss narrowed. Priceline.com agreed to buy Kayak Software for $1.8 billion. Walt Disney fourth quarter net climbed 14%.

UK Deficit Narrows, Diageo to Buy 53.4% Stake in United Spirits

Arthi Gupta
09 Nov, 2012
New York City

The UK indexes slid after deficit narrowed to

J.C. Penney Sales Plunge 26%, Priceline to Buy Kayak in $1.8 B Deal

Arthi Gupta
09 Nov, 2012
New York City

World markets shift attention to unresolved U.S. and European debt problems after the U.S. elections. Priceline.com agreed to buy Kayak Software in a $1.8 billion cash and stock deal. Moneygram swung to third quarter loss. J.C. Penney quarterly sales drop 26%.

European Indexes at 2-Week Low, Iberia Plans to Cut 4,500 Jobs

Arthi Gupta
09 Nov, 2012
New York City

The European indexes edged lower to a 2-week low and Greece stepped closer to winning the next tranche of bailout after approving in a narrow vote

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