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U.S. Movers: Amazon.com, Chevron, Ford, Merck & Co., P&G, Starbucks

Mukesh Buch
27 Apr, 2012
New York City

Amazon first quarter net declined 35% and Kindle stores boost the revenue. Chevron first quarter net rose 4.2% to $6.47 billion. Ford Motor first quarter net plunged 45%. P&G third quarter net slumped 16% to $2.41 billion. Starbucks second quarter net rose 18.5% to $309.9 million.

U.S. GDP Growth Rate Drops to 2.2%, Amazon Net Falls 35%

Arthi Gupta
27 Apr, 2012
New York City

U.S. indexes traded sideways after economy expanded less than estimated in the first quarter. Intuit agreed to acquire Demandforce for $423.5 million and Wells Fargo plans to buy Merlin Securities.

Bank of Japan Expanded Risky Asset Purchase Program, Softbank Up

Nigel Thomas
27 Apr, 2012
New York City

Stocks in Tokyo closed down after an early rally faded. Bank of Japan expanded its risky asset purchase program by $124 billion as anticipated. Softbank surged more than 3% after it hiked dividend and reported a surge in operating profit.

Australian Stocks Edge Lower; Sundance Resources, Cameroon Sign a Deal

Marcus Jacob
27 Apr, 2012
New York City

Stocks in Australian edged lower after international worries overshadowed domestic news. Sundance Resources gained after it signed a deal with Cameroon government. The troubled printer PMP may pursue a highly conditional offer.

Another Signal of Euro Zone Slowdown, Spanish Unemployment at 24.4%

Arthi Gupta
27 Apr, 2012
New York City

The latest release of the confidence data offered another evidence of economic slowdown and Spain said unemployment soared to 24.4%, the highest in the region. Bond yields of Spain and Italy advanced for the second week in a row as the governments race to complete 60% of annual debt target.

European Markets Rise; Daimler, Sanofi, Software AG Earnings Gain

Arthi Gupta
27 Apr, 2012
New York City

The European indexes advanced and yields for Spanish and Italian bonds rose. Ireland-based Jazz Pharmaceuticals agreed to acquire EUSA Pharma for $700 million. Earnings at BASF fell 29% but Daimler AG net rose 29% and Sanofi SA net jumped 50%.

Home Sales and Mixed Earnings Lift Wall Street Sentiment

Bikram Pandey
26 Apr, 2012
New York City

U.S. investors focused on positive earnings and the number contracts to buy homes increased. However, initial claims of weekly unemployment were flat in the last week and weak earnings from Pepsi, UPS, Dow Chemical and Aetna kept market gains in check.

U.S. Movers: Aetna, Chrysler, Colgate, Dow Chemical, PepsiCo, Time Warner

Mukesh Buch
26 Apr, 2012
New York City

Aetna first quarter net slipped 13% to $511 million and Bristol-Myers net increased 12% to $1.1 billion. Chrysler first quarter net quadrupled to $473 million. Colgate first quarter net rose 3% on sales rise. Dow Chemical first quarter net declined 30% on weak demand. PepsiCo net fell.

Earnings Season in Full Swing in Tokyo; Fanuc, Komatsu in Focus

Marcus Jacob
26 Apr, 2012
New York City

Stocks in Japan were in a holding pattern as the earnings season began in earnest and ahead of central bank comments tomorrow. Fanuc plunged 6% after it estimated 3% decline in operating profit for the six months to September.

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.

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