ticker

Europe Movers: Heineken, KTM, Scania and Sulzer

Arthi Gupta
20 Jul, 2012
New York City

Haldex AB declined 7% after second quarter plunged 85%. Heineken N.V. increased 1% after it agreed to acquire its partner in Singapore based Pacific Breweries. Scania AB added 5% after quarterly net fell 40%, less than expected.

European Indexes Mixed, Spanish Yield Above 7%

Arthi Gupta
20 Jul, 2012
New York City

The European indexes traded lower ahead of the euro area finance ministers conference call. Heineken offered to acquire Fraser & Neave

German PPI Eases, French Leading Index Drops

Arthi Gupta
20 Jul, 2012
New York City

German producer price inflation slowed and Danish retail sales decreased in June. The French leading economic index declined for a second straight month and Dutch consumer spending fell in May.

Weak U.S. Economic Data Overshadow Positive Earnings

Bikram Pandey
19 Jul, 2012
New York City

U.S. indexes were flat after weak batch of economic data overshadowed generally positive earnings. Home sales fell in June and weekly unemployment claims rose. UK retail sales exceeded expectations and German lawmakers approved Spanish bailout with conditions.

UK Retail Sales Climb, Libor Scandal Scrutiny Widens

Arthi Gupta
19 Jul, 2012
New York City

The UK indexes were nearly flat as regulators around the world widen the Libor scandal investigation. UK gross mortgage lending declined but retail sales increased in June. Kingfisher slumped 2.6% on weak outlook.

U.S. Movers: AutoNation, IBM, Union Pacific, Yum! Brands

Mukesh Buch
19 Jul, 2012
New York City

AutoNation second quarter net increased 9% to $78.6 million and Danaher net slipped 8% to $600.1 million. IBM second quarter net increased 6% to $3.88 billion and raised full year expectations. Union Pacific second quarter net advanced 27.4% to $1 billion.

U.S. Movers: Capital One, eBay, Danaher, Morgan Stanley, Verizon

Mukesh Buch
19 Jul, 2012
New York City

Capital One second quarter net plunged 90% and eBay second quarter net jumped 144% to $692 million. Johnson Controls net surged 17% and Morgan Stanley net swung to $564 million profit. Verizon second quarter net climbed 13.7% to $1.83 billion.

U.S. Jobless Claims Rise, Morgan Stanley Swings to Profit

Arthi Gupta
19 Jul, 2012
New York City

U.S. indexes edged higher driven by better-than-anticipated earnings but weekly jobless claims jumped 34,000 to 386,000. UnitedHealth lifted full-year outlook and Morgan Stanley swung to profit. Fab.com raised $105 million that valued the online retailer at $1 billion.

Nikkei Rebounds on Tech Stocks, Yen Firms

Marcus Jacob
19 Jul, 2012
New York City

Stocks in Japan closed higher in thin trading and the yen gained for the second day in a row against the dollar and the euro. Advantest and Tokyo Electron jumped after Intel lowered sales outlook below expectations.

Australian Indexes Surge 2% on Higher Oil Prices

Marcus Jacob
19 Jul, 2012
New York City

Australian indexes, resource stocks and dollar advanced after oil futures rose for the seventh day in a row. The ASX 200 index increased 2% and the Australian dollar hit a new high against the euro and reached a high since May.

Europe Movers: Akzo, Alstom, Electrolux, Remy Cointreau

Arthi Gupta
19 Jul, 2012
New York City

Akzo Nobel climbed after second quarter revenues increased 8% and net income fell less than expected 22%. Alstom SA said first quarter new orders increased 20% and sales surged 6%. Electrolux AB gained after quarterly net rose 36%.

Spanish Yields Above 7%, Germany Set to Approve Aid

Arthi Gupta
19 Jul, 2012
New York City

Spain raised

Euro Area Current Account Surplus Rises, Swiss Watch Exports Surge 22%

Arthi Gupta
19 Jul, 2012
New York City

Euro area current account surplus climbed in May. Swiss trade surplus rose in the second quarter. Dutch consumer sentiment improved in July but jobless rate increased in June.

Markets in New York, Europe Higher on Housing Reports

Bikram Pandey
18 Jul, 2012
New York City

U.S. indexes gained after two housing reports showed improvements. Bank of America said it plans to cut a total of $8 billion by 2015 and improved its Tier 1 ratio. Capital One agreed to pay $210 million from charges related to misleading customers.

Yen Retreats from 1-Month Low, Utilities Fall on Fault Line Worries

Nigel Thomas
18 Jul, 2012
New York City

Stocks in Japan declined as the yen edged lower from its one-month peak. The Nikkei index traded below its 25-day moving average and few export sensitive stocks closed higher. Electric utilities declined after two nuclear power plants were found to be on top of n active fault line.

Market Update