ticker

U.S. Movers: AutoZone, Ascena Retail, Cracker Barrel, General Mills

Mukesh Buch
19 Sep, 2012
New York City

AutoZone fourth quarter net climbed 7% on sales increase of 5% and Ascena Retail Group

U.S. Housing Market Stabilizes, Blackstone to Buy Vivint for $2 B

Arthi Gupta
19 Sep, 2012
New York City

U.S. indexes gained after housing markets showed the signs of healing. Blackstone agreed to buy residential security provider Vivint for $2 billion and B2Gold agreed to acquire CGA Mining for C$1.1 billion. General Mills quarterly earnings soared 35%.

Nikkei Surges 1.2%, BoJ Expands Asset Purchase Program

Nigel Thomas
19 Sep, 2012
New York City

Stocks in Tokyo surged after the Bank of Japan expanded its asset purchase program to provide additional liquidity and inflate asset prices. Several large Japanese companies resumed production and reopened stores after anti-Japanese protests subside.

European Indexes Pare Gains, Germany Sells

Arthi Gupta
19 Sep, 2012
New York City

The European indexes pared early morning gains and Germany raised

Australian Markets and Dollar Extend Gains

Marcus Jacob
19 Sep, 2012
New York City

Australian markets closed higher following a rally in Asian markets after Bank of Japan expanded asset purchase program. Resource and financial stocks traded higher. The Australian dollar gained against yen.

Euro Zone Production Slumps 4.7%, Swiss Sentiment Declines

Arthi Gupta
19 Sep, 2012
New York City

Euro zone construction output fell and French leading economic index rebounded in July. Economic expectations in Switzerland declined slightly in September.

Europe Movers: Inditex, Michelin, Syngenta, Porsche Automobil

Arthi Gupta
19 Sep, 2012
New York City

Inditex first-half earnings surged 32% to

World Markets Ease, Microsoft Boosts Dividend by 15%

Bikram Pandey
18 Sep, 2012
New York City

World markets eased after the euro zone worries resurfaced and Spain restrained from asking for a larger bailout with conditions of more spending cuts. Mortgage lending dropped to 1 16-year low as the housing market continues to struggle. Oil eased on the second day.

China Demonstrations Weaken Tokyo Stock Prices

Nigel Thomas
18 Sep, 2012
New York City

Markets in Tokyo closed lower after China linked companies plunged the most. Fast Retailing, Toyota, Honda, Nissan and Sony were among the large companies that were forced to shutter factories and stores in China after anti-Japanese demonstrations spread to dozens of cities.

Australian Stocks Consolidate, Fortescue Restructures $4.5 Billion Debt

Marcus Jacob
18 Sep, 2012
New York City

Australian markets consolidated gains. Fortescue Metals won debt refinancing for its $4.5 billion debt portion and delayed its earliest payment to November 2015 as iron ore prices slide and the outlook remains uncertain.

UK Inflation Eases to 2.5%, Home Prices Rise 2%

Arthi Gupta
18 Sep, 2012
New York City

The UK indexes eased as the euro zone worries resurfaced. The UK annual inflation eased to 2.5% in August and home prices increased 2% annually in July.

U.S. Movers: Dole Food, FedEx, Schiff Nutrition, Tyco, Walgreen

Mukesh Buch
18 Sep, 2012
New York City

Dole Food agreed to sell businesses in Asia to the Japanese trading company Itochu for $1.7 billion. Deckers Outdoor declined on weak sales. FedEx first quarter net slid and lowered its outlooks and plans to increase shipping rates. Schiff Nutrition lifts fiscal forecast.

Narrower U.S. Current Account Deficit, Stocks Open Lower

Arthi Gupta
18 Sep, 2012
New York City

U.S. indexes traded lower and oil slipped for the second day as the effectiveness of the latest Fed stimulus was questioned. FedEx lowered its profit view. Dole Food agreed to sell its worldwide packaged foods and fresh produce businesses in Asia to Itochu for $1.7 billion.

Lingering Questions on Spanish Bailout

Arthi Gupta
18 Sep, 2012
New York City

The European indexes edged lower as investors refocus on the details of the possible Spanish bailout as bad bank loans rose in the country. Spain raised

German Sentiment Improves, EU27 Auto Sales Fall 8.9%

Arthi Gupta
18 Sep, 2012
New York City

Germans economic sentiment improved in September and the Swiss economy is forecasted to expand 1% this year. Greek current account swung to a surplus in July and Portuguese producer price inflation climbed in August.

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