ticker

U.S. Movers: Aon, Allergan, Cardinal Health, Estee Lauder, Tyson Foods

Mukesh Buch
03 Feb, 2012
New York City

Aon fourth quarter net increased to $277 million. Allergan fourth quarter net increased to $279.8 million. Atmel expects fourth quarter revenues to be dropped 20% to $384 million. Tyson Foods first quarter net slipped to $156 million.

Nikkei in Tokyo Down; Nippon Sheet Reports Loss, Sumco Cuts 15% Staff

Nigel Thomas
03 Feb, 2012
New York City

Japanese stocks declined after a set of weak earnings and uncertainty in the euro zone and ahead of the U.S. jobs report. Nippon Sheet Glass and Oji Paper declined weak quarterly performance. Sumco Cop soared after it announced to eliminate 15% of its staff.

Australian Services Expands in January

Marcus Jacob
03 Feb, 2012
New York City

Australian stocks edged lower and declined in the week for the first time this year. Commodities traded lower. The service sector index expanded at the fastest pace in five months in January. Magma Metals soared after it received a takeover bid from Panoramic Resources.

Wall Street Struggles, Bernanke Uncertain; Yields Drop

Devan Biswas
02 Feb, 2012
New York City

U.S. indexes struggled after Fed Chairman Bernanke expression frustration with the recovery and investors digested mixed earnings, January same store retail sales and lower weekly jobless claims. In Europe hopes were high for Greek debt restructuring and Spain raised more than targeted in debt sale.

Nikkei in Tokyo Gains; Itochu, Konami Earnings Rise, Sharp Plunges

Nigel Thomas
02 Feb, 2012
New York City

The benchmark Nikkei index extended gains for the third day as companies release earnings. Sharp Corp plunged its daily limit after it estimated larger than expected loss. Nomura and Itochu gained after reporting higher than expected net income.

U.S. Movers: Cummins, Goodrich, Kellogg, Qualcomm, MasterCard

Mukesh Buch
02 Feb, 2012
New York City

Cummins fourth quarter net increased to $548 million. Goodrich fourth quarter net soared to $237.9 million. Kellogg fourth quarter net increased to $232 million. Qualcomm first quarter net increased 20% to $1.40 billion. MasterCard fourth quarter net declined to $19 million.

UK Construction Eases; Xstrata Confirms Merger Talks

Arthi Gupta
02 Feb, 2012
New York City

The UK indexes traded flat after the UK construction sector eased in January. The Irish central bank trimmed growth outlook for 2012. AstraZeneca planned to cut 7,300 jobs.

U.S. Claims Drop, Productivity Up; MasterCard Net Surges 24%

Arthi Gupta
02 Feb, 2012
New York City

The U.S. indexes gained after weekly jobless claims fell 12,000 to 367,000 and labor productivity increased 0.7% in the fourth quarter of 2011. American Airlines planned to cut 13,000 jobs. Facebook filed to raise $5 billion in initial public offering.

Australian Indexes Rebound After 3-day Losses; Coles Sales Up

Marcus Jacob
02 Feb, 2012
New York City

Australian stocks gained after a streak of 3-day losses and on the rising exports of commodities to Asia. December exports rose 2% to $27.92 billion and trade surplus widened to $1.71 billion. The supermarket chain Coles said food and liquor sales increased 4.1% in the quarter to December.

Euro Zone Wholesale Prices Eases; Spanish Jobless Rate at 22.9%

Arthi Gupta
02 Feb, 2012
New York City

Euro area producer price inflation eased in December. Spanish jobless rate rose in January and Swiss trade surplus soared to record high in 2011. The National Bank of Romania cut interest rate to 5.5%.

European Markets Flat; Deutsche Net Drops 76%, Shell Net Down 4%

Arthi Gupta
02 Feb, 2012
New York City

European markets traded mixed after France raised

U.S. Indexes Rebound on Global Manufacturing Gains

Devan Biswas
01 Feb, 2012
New York City

Global indexes gained after a rise in manufacturing in the U.S., China, India, UK and Germany and Sweden. The S&P and Nasdaq indexes increased 1.2% after private sector added jobs and metals closed higher. Broadcom, Whirlpool surge on earnings and Sony picks a new chief.

Nikkei Flat in Tokyo; Nomura Net Up, Sony Replaces Chief

Nigel Thomas
01 Feb, 2012
New York City

Tokyo stocks were flat as earnings release accelerate this week. Sony replaced its chief executive as losses in its TV unit mount. Nomura reported a slight profit after the close and Sumitomo Heavy lowered annual earnings outlook. All Nippon Air lifted its operating earnings estimate.

U.S. Movers: Aetna, Amazon.com, ACE, Exxon Mobil, Northrop, Whirlpool

Mukesh Buch
01 Feb, 2012
New York City

Amazon.com fourth quarter net declined 58% to $177 million. ACE fourth quarter net slipped 25% to $750 million. Chrysler Group fourth quarter net income swung to $225 million. Exxon Mobil fourth quarter net increased to $9.4 billion. Northrop Grumman fourth quarter net soared to $548 million.

UK Manufacturing Expands, Home Prices Fall

Arthi Gupta
01 Feb, 2012
New York City

The UK indexes rose more than 1% after manufacturing activity rose to an eight-month high, home prices fell, and Irish manufacturing sector declined in January. Traders were optimistic that the Greek debt-swap talks too would be resolved by the weekend.

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