ticker

Login

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

Market Update

Nikkei in Strongest Rally in Five Months, Japan Tobacco Falls

Nigel Thomas
07 Sep, 2012
New York City

Japanese markets rallied and participated in the worldwide gains after the central bank in Europe followed through its promise to buy back bonds. Japan Tobacco dropped after France proposed to increase tax as early as next month. Toshiba Corp surged on the prospect of higher prices.

Australian Trade Deficit Doubles on Exports Decline of 3%

Marcus Jacob
07 Sep, 2012
New York City

Australian markets opened sharply higher after the ECB policy announcement and China offered to finance more infrastructure projects. Australian trade deficit soared in July to $556 million as exports fell 3% and imports decreased 1%.

UK Production Rebounds and Markets Extend Gains

Arthi Gupta
07 Sep, 2012
New York City

The UK indexes traded higher after industrial production rebounded in July and output prices rose in August. New construction orders in the UK rose 0.2% in the second quarter.

U.S. Movers: Cooper, Intel, Lululemon, Kroger, Ulta Salon, Cosmetics

Mukesh Buch
07 Sep, 2012
New York City

Intel slipped on lowered quarterly sales outlook and Lululemon climbed as net jumped 49%. Kroger struggled in the quarter. Cooper net climbed. Ulta Salon soared as net climbed 46% and lifted guidance.

Weak Job Market Adds Fewer Jobs, Unemployment Drops to 8.1%

Arthi Gupta
07 Sep, 2012
New York City

Net new hiring in the U.S. fell below 100,000 for the second month in three months as employers avoid expanding staff. Nonfarm payroll employment in the U.S. rose by 96,000 in August and fell far short of the target set by most economists. Intel lowered third quarter revenue outlook.

Europe Movers: Air France, BMW, Deutsche Post, Xstrata

Arthi Gupta
07 Sep, 2012
New York City

Glencore sweetened bid for Xstrata Plc. KfW Bankengruppe sold 5% stake in Deutsche Post. BMW registered record August sales. Air France-KLM climbed 2.7% after growth in August passenger traffic.

Markets Support ECB Plan, Glencore Sweetens Xstrata Bid

Arthi Gupta
07 Sep, 2012
New York City

The European indexes jumped and world markets advanced after the central bank plan to support the euro. German production rebounded in July. Glencore sweetened bid for Xstrata Plc. KfW Bankengruppe sold 5% stake in Deutsche Post. BMW registered record August sales.

German Output Rebounds 1.3%, Greek Contraction Eases

Arthi Gupta
07 Sep, 2012
New York City

German production rebounded 1.3% and French trade deficit narrowed in July. Swiss jobless rate remained unchanged in August. Greek contraction eased in the second quarter to annual rate of 6.3%.

S&P 500 Surges to a 4-Year High on Euro Optimism

Bikram Pandey
06 Sep, 2012
New York City

Wall Street extended the rally in European markets after the central bank followed through its promise to devise a plan to buy unlimited amount of euro zone bonds and arrest the rising bond yields in the region. Tech stocks were in focus after Amazon.com Inc joined others to release updated devices.

Nikkei Closes Flat Awaiting ECB Announcement

Nigel Thomas
06 Sep, 2012
New York City

Stocks in Tokyo close unchanged ahead of the central bank policy decision in the euro zone. Yamaha Motor Co jumped 11% after it estimated higher motorcycle sales in Indonesia.

UK Home Prices Drop, IMF Approves $1.15 B to Ireland

Arthi Gupta
06 Sep, 2012
New York City

The UK indexes soared after the ECB announced a plan to buy unlimited government bonds. The IMF agreed to disburse $1.15 billion to Ireland. UK home prices declined in August. Whitbread jumped 6% after second quarter sales increased 15%.

U.S. Movers: H&R Block, Navistar, VeriFone, Walgreen

Mukesh Buch
06 Sep, 2012
New York City

H&R Block first quarter net loss narrowed and Men

U.S. Jobless Claims Drop, Private Sector Sustains Momentum

Arthi Gupta
06 Sep, 2012
New York City

U.S. indexes rose after private sector employment rose in August and jobless claims fell to 365,000. The European Central Bank left key lending rate unchanged and announced a plan to buy unlimited government bonds. Realty Income agreed to acquire American Realty Capital for $2.95 billion.

Australian Jobless Rate Falls to 5.1%, Qantas and Emirates in Alliance

Marcus Jacob
06 Sep, 2012
New York City

Australian unemployment rate declined to 5.1% in August but worker participation rate fell as younger people find it difficult to gain jobs outside the mining sector. Qantas sealed its alliance with Dubai based Emirates and Lynas won a temporary approval to start its refinery in Malaysia.

Europe Movers: Generali, Bayer, Merck, Nokia

Arthi Gupta
06 Sep, 2012
New York City

IAG and Qantas have agreed to terminate their joint business. Generali agreed to sell its entire 69.13% stake in Migdal for