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U.S. Movers: AMR Corp., Copart, Hillenbrand, Tiffany, Thor

Mukesh Buch
29 Nov, 2011
New York City

AMR Corp. filed voluntary petitions for Chapter 11 for Bankruptcy. Copart fourth quarter net increased 8.8% to $41.1 million. Seagate forecast higher sales for several quarters. Tiffany third quarter net surged 63% to $89.7 million.

American Airlines Parent AMR in Bankruptcy, U.S. Stocks Higher

Arthi Gupta
29 Nov, 2011
New York City

The U.S. indexes gained on optimism of a resolution to the European debt crisis. Fitch affirmed its highest rating to the U.S. debt and the decision is questioned by many investors. KKR agreed to acquire Capital Safety for $1.1 billion.

UK Growth Outlook Lowered; Home Prices Rise

Arthi Gupta
29 Nov, 2011
New York City

The UK indexes dropped after the growth forecast for the UK economy was lowered. The mortgage approvals for home purchases rose in October and home price growth accelerated in November.

O.E.C.D. Inflation Eases; Spanish Retail Sales Fall

Arthi Gupta
29 Nov, 2011
New York City

O.E.C.D. area annual inflation eased, French jobless claims increased to record 4.9%, and retail sales in Spain decreased in October. Euro area economic sentiment declined and Belgian inflation rose in November.

European Banks Downgrade; Record Yields in Italian Debt

Arthi Gupta
29 Nov, 2011
New York City

European indexes edged higher ahead of a meeting of euro area finance ministers today. Banking stocks declined after Moody''s placed on review for downgrade 87 European banks. Italy paid record yields in an auction of

Wall Street, Europe Surge More than 2%

Bikram Pandey
28 Nov, 2011
New York City

The U.S. indexes surged after easing for seven days in a row. Strong start of the widely tracked holiday sales lifted the expectations for the next three weeks of retail sales. European markets soared on two rumors and continued expectations of political actions.

Nikkei Adds 1.6%; Nintendo, Honda, Olympus Rise

Nigel Thomas
28 Nov, 2011
New York City

The Nikkei index in Tokyo increased for the first time in six days after U.S. holiday sales soared on the critical Thanksgiving. Shipping companies rebounded after freight rates rebounded. Nintendo extended gains for the second day in a row.

UK Indexes Soar 2.9%; Growth Outlook Lowered

Arthi Gupta
28 Nov, 2011
New York City

The UK indexes surged tracking gains in Europe and U.S. The BCC lowered growth outlook for the UK economy. Home prices in the UK fell and retail sales slumped in November. Ireland''s retail sales rose in October.

Australian Stocks Rebound; Qantas Estimated Net Drop of 66%

Marcus Jacob
28 Nov, 2011
New York City

Australian stocks closed higher after the U.S. holiday sales showed a marked increase from a year ago. Markets in Asia and commodities rose. Qantas Airways Limited estimated first half profit to decline 66% on higher fuel and workers strike.

Thanksgiving Sales, Europe Hopes Lift U.S., Global Indexes

Arthi Gupta
28 Nov, 2011
New York City

The U.S. indexes traded higher on better-than-estimated retails sales on Black Friday. The Iraq government signed a $17 billion dollar gas deal with Basrah Gas. Bombardier won Indian rail contract worth $214 million.

O.E.C.D. Lowers Global Outlook; Euro Area M3 Growth Eases

Arthi Gupta
28 Nov, 2011
New York City

The O.E.C.D. lowered global growth outlook and warned EU leader to take decisive actions. Euro-zone money supply growth slowed but Swedish trade surplus grew in October. Manufacturing sector confidence in Italy improved in November.

European Indexes Surge 3.1%; Italian Bond Yields at 7.1%

Arthi Gupta
28 Nov, 2011
New York City

European markets soared on the expectations of new bond offering from Northern European nations that will provide financing to the troubled nations in the region. Moody

Weekly Drop of 8% on Wall Street; Euro Zone Donwngrades

Bikram Pandey
25 Nov, 2011
New York City

U.S. stocks traded sideways in a shorter trading session but sovereign debt yield in Europe rose. Ratings agencies lowered debt ratings of Hungary to below investment grade and by one notch for Belgium. The euro declined for the third day in a row.

European Indexes Rebound; Italian Debt Auction at Record Yield

Devan Biswas
25 Nov, 2011
New York City

European indexes rebounded after falling for six days in a row. Italy completed

Nikkei Drifts Lower; Nintendo Rebounds

Nigel Thomas
25 Nov, 2011
New York City

Stocks in Tokyo trading declined and the benchmark Nikkei index dropped 2.6% in the week and plunged 20% in the year so far. Nikon began replacing parts made elsewhere after it shuttered Thai factory and Nintendo edged up on robust sales of hand held game devices.

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