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Australian Indexes Advance, Seven West Media Plunges 22%

Marcus Jacob
26 Apr, 2012
New York City

Australian indexes gained a fraction and media stocks declined after Seven West Media lowered its profit outlook. Mining stocks were in focus after Caterpillar reported sales weakness in China.

U.S. Jobless Claims Drop, Exxon Net Drops

Arthi Gupta
26 Apr, 2012
New York City

U.S. indexes declined after new unemployment claims fell 1,000 to 388,000. H&R Block planned to eliminate 350 positions and close 200 underperforming offices. Colgate-Palmolive earnings improved 3% in the quarter but Exxon Mobil quarterly net fell.

Euro Zone Confidence Declines, Italian Auction Yields 1.77%

Arthi Gupta
26 Apr, 2012
New York City

The euro zone confidence index declined in March after additional weakness in the service sector. Italian treasury sold

Deutsche Bank, Banco Santander Net Fall, Barclays Net Rises

Arthi Gupta
26 Apr, 2012
New York City

The European indexes struggled to advance after the euro area sentiment fell more than estimated in April. Italian borrowing costs rose in debt sale and the UK confidence improved in March. Fresenius planned to acquire Rh

Fed on Hold, Global Markets Higher

Bikram Pandey
25 Apr, 2012
New York City

The U.S. indexes advanced and the Nasdaq gained more than 2%. Fed left its asset purchase program unrevised and left rates near zero. Apple Inc said it has more than $100 billion and iPad rollout has been the fastest in the history of the company.

U.S. Movers: Apple, Caterpillar, General Dynamics, Coca-Cola, Boeing

Mukesh Buch
25 Apr, 2012
New York City

Apple second quarter net surged 94% on strong sales of iPhones and iPad and sales in China tripled from a year ago. Caterpillar first quarter net soared 29% and raised profit outlook. Boeing first quarter net soared 58% to $923 million and lifted 2012 view. Coca-Cola planed stock split of 2-for-1.

Apple Crushes Estimates on China Sales, Nasdaq Up 2.3%

Arthi Gupta
25 Apr, 2012
New York City

U.S. indexes edged higher and Nasdaq soared 2% after Apple earnings crushed market expectations. New orders for U.S. durable goods fell in March. Amgen agreed to acquire Turkey-based Mustafa Nevzat for $700 million.

Nikkei Rebound of 1% Halts 4-day Slide; Daiki, SMFG, Nidec, Nikon in Focus

Nigel Thomas
25 Apr, 2012
New York City

The Nikkei index in Tokyo gained after a 4-day slide after better than expected earnings in Japan and in U.S. contributed to positive market sentiment. Daiki Aluminum soared 5% and Sumitomo Mitsui Financial said it plans to acquire 24% stake in China based wealth manager China Post & Capital.

UK Economy In Recession, Polish Retail Sales Up 10.7%

Arthi Gupta
25 Apr, 2012
New York City

UK economy slipped back into second recession in less than five years after the economy shrank in the first quarter on sharp decline in construction and a weakness in the service sector. Polish retail sales increased 10.7% and unemployment declined to 13.3%.

Positive Earnings Lift European Indexes, Credit Suisse Net Drops 96%

Arthi Gupta
25 Apr, 2012
New York City

The European indexes gained on strong corporate earnings. The euro area loan demand fell and the UK economy slid into a recession in the first quarter. Siemens cut fiscal year outlook after quarterly earnings plunged.

Earnings Spark Rally on Wall Street, Apple Shoots Up 7%

Bikram Pandey
24 Apr, 2012
New York City

U.S. stocks advanced after AT&T, 3M, United Technology and Parker Hannifin, T. Rowe Price and Hershey reported better than expected earnings. After the close, Apple reported $39.2 billion in sales and earnings of $11.6 billion of $12.30 a share.

U.S. Movers: 3M, AT&T, Coach, Facebook, McGraw-Hill, T. Rowe, Western Union

Mukesh Buch
24 Apr, 2012
New York City

3M first quarter net increased 4% to $1.12 billion. AT&T first quarter net increased 5.2% to $3.58 billion. Coach third quarter net soared 21% as China sales grew 60%. Facebook first quarter net declined 12% to $205 million. Illinois Tool first quarter net declined 22% to $486 million.

U.S. Home Prices Rise, Facebook Earnings Fall 12%

Arthi Gupta
24 Apr, 2012
New York City

U.S. indexes edged slightly higher after metropolitan home price index rose in February. Microsoft agreed to sell few of AOL patents to Facebook for $550 million. Hedge fund takes a 12% stake in Barnes & Noble.

Nikkei in 4-day Slump; ANA Hikes Dividend

Marcus Jacob
24 Apr, 2012
New York City

Stocks in Tokyo extended losses for the fourth day in a row and the yen strengthened. All Nippon Airways surged after the airline plans to double its annual dividend per share to 4 yen. Shinko Electric Industries lowered its annual loss estimate.

Australian Reported CPI Below Estimates; Seven West Cuts Earnings Outlook

Marcus Jacob
24 Apr, 2012
New York City

Australian consumer price index increased less than expected 0.1% in the quarter to March and rose 1.6% in the year to the month. The weak reported inflation followed the benign wholesale price index data released on Monday. Newcrest Mining lowered its annual production outlook.

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