ticker

Login

Nvidia Target Corp. Dolby Laboratories Onsemi Home Depot Walt Disney StubHub Applied Materials Sweetgreen

Market Update

iPhone Launch Attracts Worldwide Fans, Global Indexes Higher

Arthi Gupta
21 Sep, 2012
New York City

U.S. indexes gained on the rising hopes that Spain may request a formal bailout as early as next week. iPhone 5 launch attracted worldwide fans and sales are expected to exceed 10 million in two weeks. Oracle quarterly earnings rose 11%. KB Home swung to quarterly profit.

Euro Rises on Spanish Bailout Request Hopes

Arthi Gupta
21 Sep, 2012
New York City

The European indexes advanced on speculation that Spain is nearing a bailout request. Italy estimated contraction to deepen to 2.4% this year. Greece failed to reach an agreement with its coalition partners on spending cuts demanded by the troika.

German Leading Index Climbs, Italy Estimates Deeper Contraction

Arthi Gupta
21 Sep, 2012
New York City

Italy deepened its estimate of recession this year. Euro zone consumer confidence unexpectedly fell in September. German leading index climbed and Dutch consumer spending declined in July.

Europe Movers: adidas, Richemont, Saint-Gobain, Syngenta

Arthi Gupta
21 Sep, 2012
New York City

adidas reduced Reebok 2015 sales target to

Weakening Global Economies

Bikram Pandey
20 Sep, 2012
New York City

World markets and indexes in New York closed down after economic data from the euro zone, China and Japan indicated weakening outlook. Global deal making continues despite market uncertainties. The U.S. dollar strengthened, oil decreased and gold and copper eased.

UK Retail Sales Drop 0.2%, BSkyB Deemed

Arthi Gupta
20 Sep, 2012
New York City

The UK indexes edged lower tracking weak global economic data. The UK retail sales fell less than estimated in August. The Irish economy stagnated in the second quarter.

U.S. Movers: Adobe, ConAgra, IHS, Jefferies, Rite Aid, Scholastic

Mukesh Buch
20 Sep, 2012
New York City

ConAgra jumped on quarterly results and lifted fiscal outlook. CarMax quarterly net was nearly flat. IHS cuts fiscal guidance. Rite Aid loss narrowed and lowered fiscal outlook. Scholastic loss widened.

U.S. Jobless Claims Fall; Exxon, Denbury Ink $1.6 B Deal

Arthi Gupta
20 Sep, 2012
New York City

U.S. indexes fell after weekly jobless claims slid and manufacturing index was flat in September. Exxon agreed to acquire Denbury

Nikkei Down 1.6%, Japanese Trade Gap Widens

Nigel Thomas
20 Sep, 2012
New York City

The benchmark index in Tokyo dropped the most in three months after the latest economic data from China indicated a slowdown in manufacturing. The fall in exports and imports widened the August month trade deficit in Japan.

Demand at Spanish Auction Exceeds Goal, European Markets Ease

Arthi Gupta
20 Sep, 2012
New York City

The European indexes declined on weak Chinese manufacturing data. For the second time this week, demand exceeded at Spanish debt auction. Peugeot agreed to sell 75% stake in Gefco to JSC Russian Railways for

Australian Markets Ease on Asian Data, Kathmandu Net Falls 11%

Marcus Jacob
20 Sep, 2012
New York City

Australian markets lost ground after the latest economic data from China and Japan put investors on the defensive. Fortescue Metals agreed to pay $715 million royalty to Leucadia National. Kathmandu suggested better outlook in the current fiscal year.

Euro Zone Slump Accelerates, Swiss Trade Surplus Shrinks

Arthi Gupta
20 Sep, 2012
New York City

German producer prices rose and Swiss trade surplus fell in August. The euro zone private sector contracted and French manufacturing PMI fell in September. Italian industrial orders rose unexpectedly in July.

Europe Movers: Deutsche Bank, Lanxess, Peugeot, Telenet

Arthi Gupta
20 Sep, 2012
New York City

Kleinwort Benson agreed to acquire BHF-BANK for

World Markets Advance on Housing Data and Bank of Japan Move

Bikram Pandey
19 Sep, 2012
New York City

Markets in New York and around the world were on the upswing after Bank of Japan decided to ease monetary stance and existing home sales increased to a rate last seen 2-years ago. Oil declined for the third day in a row on the global growth worries.

UK Indexes Gain, Manchester United Loss Widens

Arthi Gupta
19 Sep, 2012
New York City

The UK indexes advanced after Japan announced stimulus measures to boost economic growth. The Bank of England policymakers were unanimous in their decisions on quantitative easing and interest rate. Lonmin reached a settlement with management on wages.