ticker

European Indexes Sideways, German Auction Falls Short of Target

Arthi Gupta
05 Sep, 2012
New York City

The European indexes traded sideways ahead of the ECB policy meeting tomorrow. Germany sold

Afternoon Rebound Pares Market Losses, Strong Rebound in Auto Sales

Bikram Pandey
04 Sep, 2012
New York City

U.S. indexes reversed earlier losses on a rally in tech stocks. Construction spending fell and factory activities, orders and employment fell in August confirming worldwide slowdown. GM auto sales in August increase 10% and Toyota sales jump 46%.

U.S. Movers: Campbell Soup, Heckmann, Quanex, Valeant Pharmaceuticals

Mukesh Buch
04 Sep, 2012
New York City

Campbell Soup net jumped 27% and issued fiscal guidance. Heckmann to buy Power Fuels total valued approx $370 million. Smithfield Foods net declined 25%. Valeant Pharmaceuticals to acquire Medicis Pharmaceutical for $2.6 billion in cash.

UK Retail Sales, Construction Fall; Osborne Survives Reshuffle

Arthi Gupta
04 Sep, 2012
New York City

The UK indexes slid after retail sales fell and construction contracted in August at the second fastest pace since snow storm in March 2010. Bottomline agreed to acquire Albany Software.

Valeant to Acquire Medicis for $2.6 B, Wall Street Opens Lower

Arthi Gupta
04 Sep, 2012
New York City

U.S. indexes accelerated the decline after disappointing manufacturing and construction spending data. European Central Bank hinted at short term bond buying. Valeant agreed to acquire Medicis for $2.6 billion and Onex is in a deal with SGS International for $813 million.

UK Manufacturing Activity Improves, Phoenix IT Plunges 36%

Arthi Gupta
03 Sep, 2012
New York City

The UK indexes gained on a rally in resource sector on the hopes of another round of measures from central banks in Europe and in Asia. The UK manufacturing sector downturn eased sharply and Irish manufacturing improved at a slower pace in August.

Spanish Unemployment Rises, Euro Zone Producer Prices Climb

Arthi Gupta
04 Sep, 2012
New York City

Spanish unemployment rose in August by 0.8% to 4.6 million as the nation struggles with a cut in government jobs. The Swiss economy contracted in the second quarter. Industrial producer prices gained in the euro area and Romanian retail sales rose in July.

European Leaders Ramp Up Diplomacy; Spanish, Italian Yields Drop

Arthi Gupta
04 Sep, 2012
New York City

The European indexes edged lower after Moody''s lowered the European Union

Nikkei Extends Losses to 4th Day, Toyota Sales in China Drop 15%

Nigel Thomas
04 Sep, 2012
New York City

The Nikkei index in Tokyo traded lower for the fourth day in a row and tested a 4-week low. Japan Tobacco declined 4% after Russian ministry proposed a ban on smoking in public places. Toyota eased after sales in China declined 15%.

Australian Holds Rates at 3.5%, Fortescue Defers Capital Spending

Marcus Jacob
04 Sep, 2012
New York City

Australian markets were under pressure and closed down 0.5%. Reserve Bank of Australia left its key lending rate unchanged at 3.5% for the third month in a row. Fortescue Metals joined other mining companies and deferred its capital spending plan as the iron ore prices fall to a 3-year low.

Japanese Auto Sales Rise 12.4%, Capital Spending Up 6.6%

Nigel Thomas
03 Sep, 2012
New York City

Stocks in Tokyo fell for the third day in a row and closed at a 4-week low. The disappointing Chinese manufacturing read also added to market jitters and the non-mini auto sales in August growth declined. Capital spending increased 6.6% in the quarter to June.

Market Update

European Indexes Sideways, German Auction Falls Short of Target

Afternoon Rebound Pares Market Losses, Strong Rebound in Auto Sales

U.S. Movers: Campbell Soup, Heckmann, Quanex, Valeant Pharmaceuticals

UK Retail Sales, Construction Fall; Osborne Survives Reshuffle

Valeant to Acquire Medicis for $2.6 B, Wall Street Opens Lower

UK Manufacturing Activity Improves, Phoenix IT Plunges 36%

Spanish Unemployment Rises, Euro Zone Producer Prices Climb

European Leaders Ramp Up Diplomacy; Spanish, Italian Yields Drop

Nikkei Extends Losses to 4th Day, Toyota Sales in China Drop 15%

Australian Holds Rates at 3.5%, Fortescue Defers Capital Spending

Japanese Auto Sales Rise 12.4%, Capital Spending Up 6.6%

Europe Movers: Fresenius, Holcim, Novartis, Total

Australian Retail Sales and Mining Investment Decline

Weak European Manufacturing Data Adds to ECB Expectations

Euro Zone Manufacturing Downturn Continues