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Nikkei in Japan Declined for the Third Day; Utilities, Banks Fall

Nigel Thomas
16 May, 2011
New York City

Tokyo stock index declined for the third day in a row and dropped to a one-month low. Utilities declined for the second day after Japan passed a rule requiring all utilities to contribute to disaster compensation fund. Banks declined on worries that loans to Tepco may have to be forgiven.

Australian Home Loans at 10-month Low; Leighton Reaffirms Annual Outlook

Marcus Jacob
16 May, 2011
New York City

Australian stocks edged lower tracking the weakness in commodities prices. Macarthur Coal lowered its stake in Codrilla coal deposits in exchange for $75 million. Leighton soared 3% after it reported a loss in nine months but reaffirmed its annual earnings outlook.

Nasdaq Leads U.S. Markets Decline; Gold Falls 1%

Bikram Pandey
13 May, 2011
New York City

U.S. stocks closed lower after inflation picked up and tech stocks closed lower. Tech stocks closed lower after Yahoo, Nvidia and CA Inc declined. The U.S. dollar extended gains and closed at $1.41 to a euro. Gold falls 1% and silver trades volatile.

UK Index Declines; Petrofac Rises, Whitbread, Stobart Fall

Devan Biswas
13 May, 2011
New York City

UK stocks traded lower tracking early weakness in the U.S. markets. The euro-zone economy expanded at a faster than expected pace in first quarter. Petrofac Ltd gained after new order won in the year rose to $2 billion. Mining companies closed higher. London Stock Exchange annual net increased 68%.

U.S. Stocks Decline on Inflation Increase; Yahoo, Nvidia Down

Bikram Pandey
13 May, 2011
New York City

U.S. stocks traded lower after consumer prices rose more than expected. Tech stocks declined after Yahoo and Nvidia dropped 7%. Dillard

U.S. Movers: Agilent Technologies, CA, Dillard's, Nordstrom, Nvidia

Mukesh Buch
13 May, 2011
New York City

Agilent Technologies second quarter net income rose to $200 million. CA fourth quarter net income surged to $188 million. Dillard''s second quarter net income grew 5.2% to $76.7 million. Nordstrom first quarter net income rose to $145 million. NVIDIA first quarter net income fell to $135.2 million.

European Markets Higher on GDP Data; Vivendi, Vallourec, UniCredit Up

Arjun Dave
13 May, 2011
New York City

European markets traded higher after the euro-zone economy expanded in the first quarter. Germany led the region with an expansion of 1.5% and France grew at 1%. Italy and Portugal reported weaker than expected growth. Thyssen Krupp, Vallurec and EADS gained after earnings releases.

Regional Elections Boost Sensex in India; Coal India Net Up 4%

Devan Biswas
13 May, 2011
New York City

Stocks in Mumbai closed higher after regional elections favored parties in central government. The Sensex reversed earlier weakness and surged in the late afternoon. Coal India gained after annual net income increased 4% on sales rise of 24%.

Nikkei Down 0.7%; Japan Demands Bank Loans Forgiveness for Tepco

Nigel Thomas
13 May, 2011
New York City

Stocks in Japan plunged as much as 1.7% after government

Australian Stocks Rebound; St Barbara Proposes Merger with Catalpa

Marcus Jacob
13 May, 2011
New York City

Australian stocks rebounded a fraction after commodities prices stabilized. St Barbara offered Catalpa Resources cash and stock and proposed a merger to produce 480,000 ounces of gold in 2012.

U.S. Stocks Turn Positive; Treasury Sells $16 Billion 30-year Bonds

Bikram Pandey
12 May, 2011
New York City

U.S. indexes turned positive after dropping 0.6% as Fed Chairman Bernanke urged lawmakers not to link raising debt ceiling with budget cuts. Mixed set of latest economic data did not provide clear signal to health of the U.S. economy. U.S. Treasury completed the sale of $16 billion of 30-year bonds.

U.S. Movers: Arctic Cat, BCE, Cisco, Kohl

Mukesh Buch
12 May, 2011
New York City

Arctic Cat fourth quarter net loss was flat to $9.58 million. BCE first quarter net earnings declined 29% to $503 million. Cisco third quarter net income fell 18% to $1.8 billion. Kohl

UK Index Down 1%, Amlin Sales Up 14%, Supergroup Plunges 22%

Arjun Dave
12 May, 2011
New York City

UK stocks traded lower after commodities accelerated the decline for the second day in a row. Crude oil fell 2.5% and silver plunged 7% in London trading. For the month, oil is down 15% and silver has fallen 32%. Miners closed lower. Amlin reported sales increase of 14%.

U.S. Stocks Follow Lower Oil, Silver; Cisco Falls on Outlook

Bikram Pandey
12 May, 2011
New York City

U.S. stocks declined after commodities extended losses for the second day in a row. U.S. weekly jobless claims declined 44,000 and producer price index increased 0.8%. Retail sales in April increased 0.5%. Cisco reported lower third quarter earnings and guided cautious fourth quarter.

European Markets Decline on Lower Oil; Allianz, Aegon Net Plunge

Arjun Dave
12 May, 2011
New York City

European market indexes edge lower as commodities fall and resource linked stock led the decliners. Industrial production in the euro-zone fell 0.2% in March but surged from a year ago, but market focused on the falling commodities prices. Aegon NV and Allianz SE reported lower net incomes.

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