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UK Home Prices Rise, Mortgage Lending Climbs

Arthi Gupta
16 Apr, 2012
New York City

The UK indexes fell after home prices rose to record levels in April and mortgage lending climbed in February. Stocks were volatile after Spanish bond yields and credit default rose to a new high for the year.

Nikkei Plunges 1.7%

Nigel Thomas
16 Apr, 2012
New York City

The benchmark Nikkie index plunged the most in last two weeks as international worries dominated trading sentiment. Investors focused on the record Spanish bond yields and Korea lowered its growth estimate in the current year.

U.S. Retail Sales Rise; Homebuilder Confidence Falls

Arthi Gupta
16 Apr, 2012
New York City

U.S. indexes traded sideways and retail sales rose more than estimated in March. Home builder confidence declined in April. Goldman Sachs agreed to sell ICBC stake to Temasek for $2.3 billion. Stratasys and Objet agreed to merge in a $1.4 billion all-stock transaction.

Australian Business Lending Declined For the Fourth Month

Marcus Jacob
16 Apr, 2012
New York City

Australian stocks fell after business lending declined for the fourth month in a row in February. Whitehaven Coal completed the purchase of Aston Resources. Linc Energy announced a joint venture to explore natural gas in China.

Euro Area Swings to Trade Surplus; Italian Exports Up 7.3%

Arthi Gupta
16 Apr, 2012
New York City

Euro area trade balance swung to a surplus, employment in the German manufacturing sector and Italian exports increased in February. Danish output prices climbed and Norwegian trade surplus rose to a record high in March.

Spanish Yields at 6%, GDF Completes International Power Purchase

Arthi Gupta
16 Apr, 2012
New York City

The European indexes pared gains as investors focused on the rising bond yields. GDF acquired remaining 30% stake in International Power for

U.S. Movers: Coinstar, Google, Infosys, iGATE, JPMorgan, Wells Fargo

Mukesh Buch
13 Apr, 2012
New York City

Coinstar soar on first quarter guidance. Google first quarter net surged 61% to $2.89 billion. Infosys declined on lowered fiscal revenue outlook. iGATE first quarter net soared 34.6%. JPMorgan first quarter net fell 3% to $5.4 billion. Wells Fargo first quarter net increased 13% to $4.02 billion.

World Markets Lower on China, Euro Worries; Google Stock to Split

Bikram Pandey
13 Apr, 2012
New York City

U.S. stocks declined after Wells Fargo and JP Morgan Chase reported better than expected earnings but rising expenses worries outweighed. Sentiment was weak after credit default swap on Spanish bonds rose to a record high and China reported weakest quarterly economic growth in nearly four years.

UK Indexes Lower; Output Price Inflation Eases

Arthi Gupta
13 Apr, 2012
New York City

The UK indexes declined tracking weaker-than-estimated Chinese economic data. UK factory gate inflation eased to a two-year low in March.

Consumer Prices Rise 0.3%; JP Morgan, Wells Fargo Beat Expectations

Arthi Gupta
13 Apr, 2012
New York City

U.S. indexes edged lower after consumer prices rose 0.3% in March. Weak global economic data did not boost investor sentiment. JPMorgan quarterly net fell on 6% rise in revenues and Wells Fargo profit increased 11%.

Nikkei Extends Gains With a Rise of 1.3%; Fast Retailing Up 8%

Nigel Thomas
13 Apr, 2012
New York City

Stocks in Tokyo gained for the second day in a row and market indexes advanced 1.2% on Friday. For the week, the Nikkei edged down 0.5% and held on to gains of 14% in the year so far. Sony Corp extended losses for the third day.

Australian Indexes Gain 1%; ANZ Lifts Rates Again

Marcus Jacob
13 Apr, 2012
New York City

Australian indexes closed higher and barely gained in the week as commodities prices advanced. Qantas chief executive backed the second airport proposal in Sydney. ANZ lifted rates again and broke ranks with the Reserve Bank.

European Indexes Turn Lower; Italian, Spanish Yields Rise

Arthi Gupta
13 Apr, 2012
New York City

The European indexes declined and rising Italian and Spanish yields have dampened investor sentiment. Bauer full year 2011 profit declined driven by poor performance in its construction segment.

German, Spanish Inflation Ease; Italian Production Slumps 6.8%

Arthi Gupta
13 Apr, 2012
New York City

German and Spanish inflation eased but Italian inflation increased in March. Hungarian and Italian production and Dutch surplus declined in February.

U.S. Extend Gains to Second Day; Google, HP, McKesson in Focus

Bikram Pandey
12 Apr, 2012
New York City

U.S. indexes extended gains for the second day in a row after two Fed officials endorsed the low interest rate view through 2014. Weekly jobless claims rose. Google Inc jumped 2% ahead of earnings after the market close.

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