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UK Manufacturing Activity Slows, Retail Sales Subdued

Arthi Gupta
03 May, 2011
New York City

The UK indexes slid after manufacturing activity slowed and retail sales growth remained subdued in April. Irish manufacturing activity improved in April. Experian acquired majority stake in Computec for $400 million.

US Indexes Lower; MasterCard Net Rises 24%, Pfizer Net Up 10%

Arthi Gupta
03 May, 2011
New York City

U.S. indexes traded lower after construction spending rose more than estimated in March and manufacturing activity fell in April. Pfizer net climbed 10%. MasterCard quarterly net beats forecasts.

European Indexes Fall; Infineon Net Soars, Hannover Re Net Plunges

Arthi Gupta
03 May, 2011
New York City

European indexes declined as automakers led the decline. Euro area producer price inflation accelerated for the fifth straight month in March. Infineon raised its sales growth outlook for fiscal 2011. Metro net loss narrowed.

Euro Area Producer Prices Up 0.7%; Danish Jobless Rate at 5.9%

Arthi Gupta
03 May, 2011
New York City

Euro area producer prices rose for the fifth month in a row in March. Czech manufacturing activity improved in April. Romanian PPI climbed, Denmark jobless rate remained flat, and German machinery orders increased in March.

Silver Drops 27% After 30-month Rally

Nigel Thomas
07 May, 2011
New York City

Silver dropped the most last week reminding investors of sudden move in the metal in the 1980 and the volatility in Internet stocks in the late nineties. The recent surge in trading volume in silver indicates a strong interest from retail investors that may presage lower prices ahead.

European Indexes Higher; TNT Net Falls 14%, Commerzbank Net Up 41%

Arthi Gupta
02 May, 2011
New York City

European indexes gained after manufacturing activity rebounded in April. The UK home prices declined in April. Terex Industrial Holding offered $1.3 billion for Demag Cranes. PPR agrees to acquire Volcom for $607.5 million.

Euro Area Retail Sales Fall; Spain Unemployment Declines

Arthi Gupta
04 May, 2011
New York City

Euro-zone composite PMI rose modestly in April but retail sales fell more than estimated in March. France service sector expanded at a faster pace in April. Spain unemployment declined significantly in April. Norwegian retail sales volume dropped 5.2% rate in March.

Portugal

Arthi Gupta
04 May, 2011
New York City

European indexes declined after weaker-than-estimated earnings. Portugal received EU-IMF bailout package of

U.S. Private Sector Added 179,000 Jobs; Time Warner Net Falls 10%

Arthi Gupta
04 May, 2011
New York City

U.S. indexes fell after private sector employment rose less-than-estimated in April but mortgage applications volume increased. Applied Materials agreed to acquire Varian Semiconductor for $4.9 billion. ConAgra offered $4.9 billion to buy Ralcorp. Time Warner net declined 10%.

FTSE Falls 1%; Construction Activity Slows, Mortgage Approvals Up

Arthi Gupta
04 May, 2011
New York City

The UK indexes slid after shop prices rose and construction activity slowed in April. M4 money supply dropped and mortgage approvals increased in March. Logica surged 3.7% on quarterly revenue growth.

U.S. Movers: ACE, Cigna, GM, iGATE, Kendle, MetLife, Siemens

Mukesh Buch
05 May, 2011
New York City

ACE first quarter net income declined 66% to $259 million. General Motors first quarter net income rose to $3.2 billion. Kendle International will acquire by INC Research $232 million. Siemens second quarter net income surged 89% to

U.S. Movers: AOL, ConAgra, Kellogg, Las Vegas Sands, Time Warner

Mukesh Buch
04 May, 2011
New York City

AOL first quarter net income tumbled 86% to $4.7 million. ConAgra made deal with Ralcorp to acquire for $4.9 billion. Kellogg first quarter net income slumped to $366 million. Las Vegas Sands reported first quarter net income of $228 mn. Time Warner first quarter net income declined 10% to $653 mn.

U.S. Movers: Avon, Checkpoint, Hyatt, Legg Mason, MasterCard, Pfizer

Mukesh Buch
03 May, 2011
New York City

Avon first quarter net income surged to $143.6 million. Duke Energy first quarter net income surged to $511 million. MasterCard first quarter net income increased 23.6% to $562 million. Pfizer first quarter net income surged 10% to $2.22 billion. Stepan first quarter net income fell 9% to $18.8 mn.

US Movers : AmeriGas, Dish Network, EchoStar, Humana, Loews, TiVo

Mukesh Buch
02 May, 2011
New York City

Chrysler reported first quarter net income of $116 million. Dish Network first quarter net income surged 138% to $549 million. Humana first quarter net income surged 22% to $315.1 million. TiVo said DISH Network and EchoStar settled ongoing patent litigation for $500 million.

Osama

Arthi Gupta
02 May, 2011
New York City

U.S. indexes rose on Osama bin Laden

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