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Nikkei in Tokyo Rises 1%; Weak Yen Lifts Exporters

Nigel Thomas
22 Feb, 2012
New York City

Stocks in Japan closed higher after positive sentiment lifted indexes. The yen declined to a new low in last six months and investors took optimistic view of the Greek bailout decision. Seibu Electric agreed to sell minority stake to Toyota Motor. Dentsu Inc lifted its annual income outlook.

UK Indexes Decline; Logica Surged on Earnings

Arthi Gupta
22 Feb, 2012
New York City

The UK indexes dipped on speculation if Greece would be able to fulfill the conditions set by its lenders. The Bank of England policy makers were split on asset purchase program. Centrica agreed to acquire portfolio of UK North Sea assets from British Gas for

U.S. Movers: Chico

Mukesh Buch
22 Feb, 2012
New York City

Chesapeake Energy fourth quarter net surged to $429 million and Dell Inc quarterly net declined 18% to $764 million. Hewlett-Packard first quarter net declined 44% to $1.47 billion. Retailer, TJX Companies fourth quarter net surged to $475.9 million. Toll Brothers swung to a quarterly loss.

U.S. Indexes Drop; Dell Net Falls 18%, Toll Brothers Swings to Loss

Arthi Gupta
22 Feb, 2012
New York City

The U.S. indexes declined after weaker-than-estimated global economic data. Dell Inc led the decline in tech stocks with quarterly earnings falling 18% and. Luxury home builder Toll Brothers swung to loss.

Australian Stocks Extend 4-day Rally; Wotif.com, Seek Ltd, Woodside Rise

Marcus Jacob
22 Feb, 2012
New York City

Australian stocks traded higher for the fourth day in a row as earnings were ahead of expectations. Seek Limited and Wotif.com Holdings reported record earnings and Woodside Petroleum reported 34% rise in adjusted profit.

Euro Zone Industrial Orders Up; Euro Area Private Sector Shrinks

Arthi Gupta
22 Feb, 2012
New York City

Germany sold

U.S. Movers: Kraft Foods, Medtronic, Macy

Mukesh Buch
21 Feb, 2012
New York City

Kraft Foods fourth quarter net surged 54% to $830 million and Medtronic third quarter net increased 12%. Macy

Kraft Foods, Medtronic, Macy

Mukesh Buch
21 Feb, 2012
New York City

Kraft Foods fourth quarter net surged 53.7% to $830 million and Medtronic third quarter net increased 12%. Macy

European Indexes Lower; France Telecom Net Drops 20%

Arthi Gupta
22 Feb, 2012
New York City

European markets edged lower after private sector contracted unexpectedly in February. Shell offered to acquire Cove Energy for $1.6 billion. Wells Fargo agreed to buy energy lending business of BNP Paribas.

Greek Bailout Lifts Gold, Silver; Oil Surges to 9-month High

Bikram Pandey
21 Feb, 2012
New York City

After another round of marathons talks, European leaders approved the second tranche of Greek bailout but with stricter conditions and supervisions. Indexes in New York traded sideways and oil jumped to a nine-month high and the Dow, once widely followed, crossed the high last seen in 2008.

UK Government Borrowing Rises; Croda Net Rises 26%

Arthi Gupta
21 Feb, 2012
New York City

The UK indexes dropped from the seven-month high as investors digest the details of Greek agreement with troika. The UK public sector net borrowing needs declined in January. Croda International fiscal 2011 sales rose 6.6%.

U.S. Indexes Advance; Wal-Mart Net Falls 15%

Arthi Gupta
21 Feb, 2012
New York City

The U.S. indexes gained after European leaders approved the second bailout package for Greece. Canada-based Fortis agreed to acquire CH Energy for $1.5 billion. URS agreed to purchase Flint Energy Services for C$1.25 billion.

Nikkei Falls From 6-month High; Mazda Plunges 10%, DeNA Rises 8%

Nigel Thomas
21 Feb, 2012
New York City

Stocks in Japan rested after rising for seven sessions in a row. Mazda Corp plunged 10% after the company is looking to raise capital from stock and debt sale. DeNA Corp gained after it struck an agreement to expand in Korea.

Spain Raises

Arthi Gupta
21 Feb, 2012
New York City

Spain auctioned

Greece Wins Full Second Bailout at Lower Rates

Arthi Gupta
21 Feb, 2012
New York City

European leaders, the IMF and the ECB approved the second large bailout to Greece that will increase the losses to private bond holders, force Greece to cut more spending and offer loans at lower rates. European markets edged lower from the seven-month high.

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