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OECD Leading Index Declines; Euro-zone Output Eases

Arthi Gupta
14 Nov, 2011
New York City

The OECD leading index declined, industrial production in the euro area eased, but German factory employment rose in September. Estonian jobless rate fell and Portugal

Berlusconi Resigns and Italy Faces Tough Choices

Arjun Dave
12 Nov, 2011
New York City

Prime Minister Berlusconi resigned fulfilling his pledge after lawmakers approved the reforms demanded by the EU. However, Italy runs the real risk of leaving from the euro zone in the next eighteen months or restructuring bonds as calls for more cuts grow louder and rates stay higher.

Monti Appointment Fails to Arrest Italian Bond yields

Arthi Gupta
14 Nov, 2011
New York City

European indexes traded lower after Italy sold

S&P 500 Rides Up 2%; World Awaits Euro Austerity Implementation

Bikram Pandey
11 Nov, 2011
New York City

U.S. stocks closed higher and wiped out the losses of the week when volatility drove the sentiment. S&P 500 index closed up 0.9% for the week after European leaders offered decisive steps to implement austerity measures.

U.S. Indexes, Commodities Soar on Greek, Italian Steps

Nichole Harper
11 Nov, 2011
New York City

U.S. Stocks soared more than 2% following the improved political climate in Europe. The appointment of new and technocratic government in Greece and the passage of austerity measures in Italy, indexes soared on both sides of the Atlantic. Oil, copper, gold and silver surged at least 1%.

Hopeful European Markets Surge; Italian Yields Drop on Bill Passage

Devan Biswas
11 Nov, 2011
New York City

European markets advanced after Italy

U.S. Movers: Dillard's, Nordstrom, Nvidia, Starbucks, Walt Disney

Mukesh Buch
11 Nov, 2011
New York City

Brookfield third quarter net surged to $716 million. Dillard''s third quarter net increased 1.9% to $26.6 million. Nordstrom third quarter net increased 7.2% to $127 million. Walt Disney fourth quarter net surged 30% to $1.09 billion.

Tokyo Stocks Edge higher; Olympus, NOK, Toyo in Focus

Marcus Jacob
11 Nov, 2011
New York City

Stocks in Japan rebounded in a cautious trading. For the week the benchmark index declined 3.3%. Daio Paper declined after it said it will miss earnings deadline and may face delisting. Olympus dropped 5% and will delay its earnings. NOK Corp, the rubber products maker lowered its full year outlook.

Australian Stocks Rebound; Leighton Reaffirms Outlook

Marcus Jacob
11 Nov, 2011
New York City

Australian stocks edged up and closed nearly unchanged after a volatile week. Leighton Holdings vowed to keep costs under control and reaffirmed its annual earnings outlook. Fairfax Media dropped after founder sold his entire stake.

Wall Street Higher on Narrower Deficit; Italy, France Stay in Focus

Bikram Pandey
10 Nov, 2011
New York City

U.S. stocks traded higher a day after the indexes plunged 3.7%. Earnings and narrower trade deficit played a role in improving the sentiment. Worries for the euro zone eased after Italy successfully sold bonds but at a higher rate. U.S. trade deficit declined and China''''s export growth slowed.

U.S. Weekly Jobless Claims Decline; China Export Growth Slows

Nichole Harper
10 Nov, 2011
New York City

U.S. stocks gained on positive earnings and a sustained rise in Chinese trade. Market sentiment was bolstered at the opening after Italy completed the sale of

U.S. Movers: 99Cents, CGI Group, Cisco, EDGAR, Kohl

Mukesh Buch
10 Nov, 2011
New York City

99Cents second quarter net increased to $15.1 million. Cisco first quarter net fell 7.9% to $1.8 billion. Kohl

Italian Bond Auction Steadies European Markets; Uniqua Down, Repsol Up

Devan Biswas
10 Nov, 2011
New York City

European markets stabilized after Italy successfully completed the sale of 1-year note but at nearly twice the rate only five weeks ago. Market indexes across the region were generally higher. Greek Prime Minister designate Lucas Papademos reaffirmed the commitment to euro.

Japan, Asian Markets Drop; Machinery Orders Fell 8.2%

Nigel Thomas
10 Nov, 2011
New York City

Japan stocks declined following the regional losses in Asian markets. Banks were among the leading decliners. Machinery orders in September fell 8.2%. Olympus stock plunged daily limit as police inquiry begins.

Australia Adds10,000 Jobs in October, Faifax Sells His State

Marcus Jacob
10 Nov, 2011
New York City

Australian stocks recovered from the early selloff after China reported rising imports. Australia added net new 10,100 jobs in October. Brambles quarterly net soars 32%. John B. Fairfax sold his remaining 9.7% in the namesake media company.

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