ticker

European Commercial Vehicle Sales Up; Swedish Retail Sales Fall

Arthi Gupta
28 Jun, 2011
New York City

European commercial vehicle sales improved and Swedish retail sales dropped in May. German consumer confidence set to strengthen in July. Italy''s producer prices rose and Swiss consumption indicator increased in May.

Unions Strike in Greece Ahead of Vote Tomorrow

Arthi Gupta
28 Jun, 2011
New York City

The European indexes declined ahead of the austerity measures vote in Greek parliament. Greek unions call for a two-day strike. Carrefour received offer from Brazil-based Gama to form a strategic partnership.

Stocks in Japan Rebound on Manufacturing Recovery Hopes

Nigel Thomas
28 Jun, 2011
New York City

Japanese stocks rebounded after investors focused on domestic events. The makers of steel, autos and electronics rose on the expectations of quicker than estimated recovery in manufacturing. Department sales decline slowed from a year ago in May and lifted stocks of retailers.

Australian Stocks Swing Higher; Rio Tinto Predicts 10 Years of Growth

Marcus Jacob
28 Jun, 2011
New York City

Australian index inched higher as investors tiptoed back to the market and set aside the worries related to Greece. Crude oil declined but resources linked stocks closed higher. Rio Tinto chief executive predicted company growth for the next ten years.

Financials Lift U.S. Indexes; Italy, Greece Worries in Rearview

Bikram Pandey
27 Jun, 2011
New York City

U.S. indexes rebounded after a weakness of seven of the last eight weeks. Banks closed higher after rule setting committee passed a watered down proposal to increase capital and delayed the implementation to between 2016 and 2018. European bond investors expand focus to Italy.

U.S. Movers: Icagen, Park Electrochemical, Universal Forest

Mukesh Buch
27 Jun, 2011
New York City

Park Electrochemical first quarter net fell. Stanley Black agreed to acquire Sweden based Niscayah AB for $1.2 billion. Universal Forest will align the costs due to significantly weaker-than-expected sales in the first five months.

UK Home Prices Decline 0.1%; Ocado Swings to Profit

Arthi Gupta
27 Jun, 2011
New York City

The UK indexes gained on optimism of a solution to the Greece debt crisis The Greek Parliament begins a debate on the austerity measures today and a parliament vote is expected on Wednesday. The UK home prices declined in June.

U.S. Personal Income Rises 0.3%; Dow, Nasdaq Up 1%

Arthi Gupta
27 Jun, 2011
New York City

U.S. indexes traded higher after personal income rose 0.3% in May. S1 agreed to merge with Fundtech in $700 million stock swap purchase. Metropolitan Health agreed to acquire Continucare for $416 million.

Euro-Area FDI Plunges; Romania Jobless Rate at 7.6%

Arthi Gupta
27 Jun, 2011
New York City

Foreign direct investment in the European Union plunged 75% to

Nikkei in Tokyo Falls 1% on Bank Worries, Nissan Guides Higher

Nigel Thomas
27 Jun, 2011
New York City

Stocks in Japan closed lower as investors focused on the passage of Greek austerity measures. Banks declined on the worries that the failure to pass the measures may affect large banks around the world. Automakers gained after positive comments from Nissan.

Greece in Focus; Akzo Nobel Plunges 10%

Arthi Gupta
27 Jun, 2011
New York City

The European indexes traded sideways ahead of Greece

Australian Index Drops 1%; Centro Directors Guilty

Marcus Jacob
27 Jun, 2011
New York City

Australian stocks declined tracking losses in Asia and international markets. Commodities fell and oil declined 1.2%. Banks led the decline on the worries that access to international wholesale markets may shrink if world economy falters.

U.S. Indexes Decline 1% as Euro-zone Worries Spread to Italy

Bikram Pandey
24 Jun, 2011
New York City

Tech stocks led the decline in the U.S. indexes after Oracle and Micron earnings fell short of expectations. The broader indexes dropped 1% after the euro-zone debt worries spread to Italy as Greece struggles with austerity measures and asset privatization.

U.S. Movers: Accenture, H&R Block, Oracle, Tibco, Finish Line

Mukesh Buch
24 Jun, 2011
New York City

Accenture third quarter net income increased 9.3% to $628 million. H&R Block fourth quarter net income slumped to $658.6 million. Oracle fourth quarter net income surged 36% to $3.2 billion.

UK Indexes Gain on Greek Hopes; Accenture Net Rises 24%

Arthi Gupta
24 Jun, 2011
New York City

The UK indexes rose on hopes of a resolution to the Greece debt crisis. The Bank of England Governor Mervyn King said that the euro-zone debt crisis poses a significant threat to the financial stability in the United Kingdom. Berkeley Group fiscal year 2011 sales and net advanced.

Market Update