Market Update

U.S. Private Sector Added 179,000 Jobs; Time Warner Net Falls 10%

Arthi Gupta
04 May, 2011
New York City

U.S. indexes fell after private sector employment rose less-than-estimated in April but mortgage applications volume increased. Applied Materials agreed to acquire Varian Semiconductor for $4.9 billion. ConAgra offered $4.9 billion to buy Ralcorp. Time Warner net declined 10%.

FTSE Falls 1%; Construction Activity Slows, Mortgage Approvals Up

Arthi Gupta
04 May, 2011
New York City

The UK indexes slid after shop prices rose and construction activity slowed in April. M4 money supply dropped and mortgage approvals increased in March. Logica surged 3.7% on quarterly revenue growth.

U.S. Movers: ACE, Cigna, GM, iGATE, Kendle, MetLife, Siemens

Mukesh Buch
05 May, 2011
New York City

ACE first quarter net income declined 66% to $259 million. General Motors first quarter net income rose to $3.2 billion. Kendle International will acquire by INC Research $232 million. Siemens second quarter net income surged 89% to

U.S. Movers: AOL, ConAgra, Kellogg, Las Vegas Sands, Time Warner

Mukesh Buch
04 May, 2011
New York City

AOL first quarter net income tumbled 86% to $4.7 million. ConAgra made deal with Ralcorp to acquire for $4.9 billion. Kellogg first quarter net income slumped to $366 million. Las Vegas Sands reported first quarter net income of $228 mn. Time Warner first quarter net income declined 10% to $653 mn.

U.S. Movers: Avon, Checkpoint, Hyatt, Legg Mason, MasterCard, Pfizer

Mukesh Buch
03 May, 2011
New York City

Avon first quarter net income surged to $143.6 million. Duke Energy first quarter net income surged to $511 million. MasterCard first quarter net income increased 23.6% to $562 million. Pfizer first quarter net income surged 10% to $2.22 billion. Stepan first quarter net income fell 9% to $18.8 mn.

US Movers : AmeriGas, Dish Network, EchoStar, Humana, Loews, TiVo

Mukesh Buch
02 May, 2011
New York City

Chrysler reported first quarter net income of $116 million. Dish Network first quarter net income surged 138% to $549 million. Humana first quarter net income surged 22% to $315.1 million. TiVo said DISH Network and EchoStar settled ongoing patent litigation for $500 million.

Osama

Arthi Gupta
02 May, 2011
New York City

U.S. indexes rose on Osama bin Laden

U.S. Movers: Caterpillar, Deckers, Lear, Microsoft, V.F. Corp, Zoll

Mukesh Buch
29 Apr, 2011
New York City

Caterpillar first quarter net profit soared 426% to $1.2 billion. Microsoft third quarter net income increased 31% to $5.2 billion. Research In Motion estimates first quarter earnings of $1.30 to $1.37 per share. Zimmer first quarter net income rose 2% to $208.9 million.

U.S. Movers: AIG, Domino

Mukesh Buch
06 May, 2011
New York City

American International Group reported first quarter net loss of $543 million. DIRECTV first quarter net income rose to $674 million. Kraft Foods first quarter net earnings in the quarter soared 58% to $799 million. Washington Post first quarter net income declined 67% to $15.1 million.

World, U.S. Stocks Rise on Deals and Economic Data

Bikram Pandey
10 May, 2011
New York City

U.S. stocks closed higher on deal news and positive economic news at home and abroad. European markets gained after Greece completed the sale of short term debt but the speculation intensified of another bailout. Asian markets closed mixed as earnings in Japan improved the sentiment.

Stocks in India Struggle, Rupee Advances

Devan Biswas
29 Apr, 2011
New York City

Stocks in Mumbai in a volatile trading edged lower after inflation worries sparked by higher crude oil prices. UCO Bank and Prism Cement declined after reporting lower than expected earnings. Mafatlal Industries soared after it sold 7 acre land plot in central Mumbai at a peak price.

U.S. Personal Income Rises 0.5%; Microsoft Profit Soars 31%

Arthi Gupta
29 Apr, 2011
New York City

U.S. indexes traded sideways after personal income rose 0.5% and pending home sales rose more than estimated in March. France-based Total SA acquired 60% stake in SunPower. Caterpillar, D.R. Horton, Merck quarterly earnings surge.

European Markets Flat; Daimler Net Soars 93%, Total Net Up 51%

Arthi Gupta
29 Apr, 2011
New York City

The European indexes traded mixed after weaker-than-anticipated economic data. Euro-zone inflation accelerated for a fifth consecutive month in April and German retail sales dropped unexpectedly in March. Daimler and Total reported strong quarterly earnings.

Euro Area Inflation Accelerates; Spanish Jobless Rate at 21.3%

Arthi Gupta
29 Apr, 2011
New York City

Euro-zone jobless rate at 9.9% in March and inflation accelerated for a fifth consecutive month in April. German retail sales declined and French producer prices increased in March. Spanish annual inflation climbed in April. Norwegian jobless rate fell in April.

Shanghai Stocks Rebound; Hui Xian IPO Drops 8%

Devan Biswas
29 Apr, 2011
New York City

Stocks in Shanghai rebounded after falling for four days in a row on the prospect of higher inflation. For the week, the benchmark index dropped 3.3% in Shanghai. The Hang Seng index declined. Hui Xian Real Estate Investment Trust declined 7.8% on the first day of trading.