ticker

Login

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

Market Update

U.S. Movers: Esterline Technologies, Gordmans Stores, OmniVision, Carlyle

Mukesh Buch
31 Aug, 2012
New York City

Esterline Technologies reported quarterly loss. Gordmans Stores net jumped 21% on flat comparable sales. OmniVision net tumbled 95% and SAIC net plunged 38%.

Australian Stocks Flat, Harvey Norman Net Falls

Marcus Jacob
31 Aug, 2012
New York City

Australian stocks were generally quiet as the earnings season winds down and investors await the release of economic data from China this weekend. Resource sector stocks were in focus on the prospect of profit decline. Harvey Norman, the retailer reported full-year net declined.

UK Confidence Flat, Home Prices Fall

Arthi Gupta
31 Aug, 2012
New York City

The UK market indexes advanced and consumer confidence index remained unchanged and home prices declined in August. Computacenter first-half group revenue rose 4.2% to

Wall Street Surges on Euro Hopes, Bernanke Speech Looms

Arthi Gupta
31 Aug, 2012
New York City

U.S. indexes shot up at the opening on the prospect of new actions from the ECB. Investors are focused on the world meeting of central bankers where the Federal Reserve Chairman Ben Bernanke is scheduled to speak later today. SAIC planned to separate into two publicly traded companies.

Europe Movers: Essilor, Lagardere, Vivendi

Arthi Gupta
31 Aug, 2012
New York City

Essilor revenue climbed 23% and profit advanced 16.4% in the first-half. Lagardere first-half net income rose to

Spanish Capital Outflow Picks Up, European Markets Cautious

Arthi Gupta
31 Aug, 2012
New York City

The European indexes were generally flat after inflation in the region rose to 2.6% and jobless rate inched up to a record high of 11.3%. Spanish current account deficit fell in June but net capital outflow from the banking system accelerated.

Euro Zone Inflation Rises, German Retail Sales Drop

Arthi Gupta
31 Aug, 2012
New York City

Euro zone inflation climbed to 2.6% in August. Jobless rate in the euro area rose to a record 11.3%, German retail sales declined unexpectedly and Italian jobless rate stable in July.

Spanish Bailout in Slow Motion, Carlyle Keeps the Deal Offensive

Bikram Pandey
30 Aug, 2012
New York City

World markets were on the defensive after latest economic data from the euro zone, Japan, South Korea showed more weakness and the U.S. personal spending rose the most in five months and income gained for the eighth month in a row. Carlyle keeps the offensive in deal making.

U.S. Movers: Ciena, Costco, Greif, Pandora Media Royal Bank of Canada

Mukesh Buch
30 Aug, 2012
New York City

Bio-Reference declined but net soared 25%. Networking gear maker Ciena declined on weak sales outlook. Costco reported sales increase in August. Greif net declined 39% and lowered fiscal outlook. Pandora Media jumped.

UK Mortgage Approvals Rise, Barclays Appoints New Chief

Arthi Gupta
30 Aug, 2012
New York City

The UK indexes slid in listless trading and mortgage approvals rose in July. Accenture agreed to acquire Singapore-based NewsPage. Barclays appointed Antony Jenkins as a director and chief executive. JJB Sports plunged 82% after deciding to seek a buyer.

First Monthly Retail Sales Decline in Japan, Nikkei Drops 1%

Nigel Thomas
30 Aug, 2012
New York City

The benchmark index in Tokyo declined 1% after retail sales fell in July and on a decelerating auto sales growth and stagnant wages. Construction machinery stocks declined after iron ore prices fell to the low last seen in 2009.

U.S. Jobless Claims Flat, Carlyle Purchases DuPont Unit for $4.9 B

Arthi Gupta
30 Aug, 2012
New York City

U.S. indexes fell after weekly jobless claims remained unchanged at 374,000 and personal income rose in July. Carlyle Group agreed to purchase DuPont Performance Coatings for $4.9 billion. Darden Restaurants completed acquisition of Yard House USA.

Iron Ore Price Decline Begins to Alarm Australia

Marcus Jacob
30 Aug, 2012
New York City

Australian stocks closed lower as iron ore prices declined to a 3-year low. Fortescue chairman, Andrew Forrest increased stake in the third largest iron ore company for the second day in a row. Building approvals dropped 17.3% in July and private sector capital spending increase slowed to 3.4% rise.

Europe Movers: Carrefour, Indus, Pernod Ricard

Arthi Gupta
30 Aug, 2012
New York City

Carrefour net loss narrowed and INDUS group sales rose to

Spain in Focus, Scotiabank to Acquire ING Direct

Arthi Gupta
30 Aug, 2012
New York City

The European indexes declined and German unemployment rate held at 6.8%. Italy raised