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European Indexes Rise; Volkswagen, Volvo Net Up, Credit Suisse Net Down

Arthi Gupta
27 Apr, 2011
New York City

European indexes gained after strong corporate earnings. Automakers led the way with Volkswagen and Volvo reporting better-than-anticipated profit. Nokia planned to outsource Symbian activities to Accenture. J&J agreed to acquire Synthes in $21.3 billion deal.

Sensex Eases in India; Dabur, Ambuja, Reliance Industries Drop

Devan Biswas
27 Apr, 2011
New York City

Stocks in Mumbai lost momentum in the early afternoon and closed at the low of the day. Ambuja Cement declined 4% after net dropped 12%. Reliance Industries face a government fine as it misses the production target. Dabur dropped 2% after net rose less than expected 8.5%.

Euro Area Order Growth Slackens; German Sentiment Weakens

Arthi Gupta
27 Apr, 2011
New York City

Euro-zone order growth slowed in February. German consumer sentiment forecasted to weaken in May and French consumer sentiment remained static in April. Finnish manufacturing confidence fell and consumer sentiment improved in April. Polish retail sales increased and jobless rate fell in March.

Nikkei Jumps 1.4% on Canon, Fanuc and Daihatsu Earnings

Nigel Thomas
27 Apr, 2011
New York City

Tokyo stocks rebounded after Canon, Fanuc, Daihatsu and Kuraya reported higher earnings. Canon soared 7% after the company suggested parts supply issue is expected to be resolved in few months. Fanuc gained more than 3% after it guided higher profit in the current fiscal half.

Australian Stocks Fall, Dollar Rises; Inflation Surges to 1.2%

Marcus Jacob
27 Apr, 2011
New York City

Australian stocks declined on the first day of trading since Thursday last week. The dollar gained after the latest read on inflation showed a surge in the first quarter on severe weather conditions. Macarthur Coal

Industrials Earnings Drive U.S. Indexes at Multi-Year Highs

Bikram Pandey
26 Apr, 2011
New York City

U.S. stocks extended gains for the fifth day after industrial companies reported higher earnings. The latest increase in earnings was driven by the increase in overseas profits and the weak dollar. The S&P 500 index traded at high last seen in July 2008 and the Russell 2000 index at July 2007 peak.

U.S. Movers: 3M, Cummins, Express Scripts, Ford, Coca-Cola, United Parcel

Mukesh Buch
26 Apr, 2011
New York City

3M Company first quarter net income rose to $1.08 billion. Cummins first quarter net income soared to $343 million. Ford Motor first quarter net income grew 22% to $2.5 billion. Coca-Cola first quarter net income rose 18% to $1.90 billion. United Parcel first quarter net income surged 66% to $885mn.

UK Indexes Rise; Pearson Acquires Schoolnet for $230 Million

Arthi Gupta
26 Apr, 2011
New York City

The UK indexes traded higher after the Confederation of British Industry forecasted manufacturing recovery firmly on track. Irish manufacturing output price inflation accelerated in March. Pearson agreed to acquire Schoolnet for $230 million.

U.S. Home Prices Drop 3.3%; Lawson, Infor, Golden Gate $2 B Deal

Arthi Gupta
26 Apr, 2011
New York City

The U.S. indexes rose after Ford, Coca-Cola and UPS reported higher earnings. Home prices fell 3.3% in February. Boston Properties agreed to sell Carnegie Center portfolio for $468.0 million. Lawson agreed to be acquired by Infor and Golden Gate Capital for $2 billion.

European Indexes Gain; UBS Net Drops 18%, Parmalat Soars 12%

Arthi Gupta
26 Apr, 2011
New York City

The European indexes gained after Puma estimated sales of

Euro Area Deficit Contracts; Swiss Exports Increase 12.3%

Arthi Gupta
26 Apr, 2011
New York City

Euro-zone government deficit contracted in 2010. Swiss trade surplus increased in the first quarter. Sweden jobless rate fell in March. Czech economic sentiment weakened in March.

Sensex Recovers from 1.3% Fall; ACC, UltraTech Up, GMR Infra Down

Devan Biswas
26 Apr, 2011
New York City

Stocks in Mumbai declined sharply in early trading but managed to rebound. The Sensex closed down 0.2% after dropping as much as 1.4%. The rupee gained and silver fell nearly 3% after trading above Rs 70,000 level for the third day in a row.

Nikkei in Tokyo Drops 1.2%; BoJ May Expand Bond Program

Nigel Thomas
26 Apr, 2011
New York City

Stocks in Japan continued to drift lower ahead of earnings, a week long holiday and central bank rate decision this week. The Bank of Japan is expected to expand its 3 trillion yen bond program to support the rebuilding effort. Automakers declined and shipping lines closed lower a day after surging.

Fed Meeting in View, Netflix Net Up 88%; Silver, Gold in 8-day Rally

Bikram Pandey
25 Apr, 2011
New York City

U.S. indexes struggled after a mixed batch of earnings on Monday. However, earnings from financial services and tech companies have exceeded expectations so far. Kimberly-Clark

U.S. Movers: Baxter, Honeywell, Kimberly-Clark, T. Rowe, Verizon, Xerox

Mukesh Buch
25 Apr, 2011
New York City

Advanced Micro Devices first quarter net income doubled. E. I. du Pont first quarter net income soared 27% to $1.43 billion. Kimberly-Clark first quarter net income declined 9%. Verizon first quarter net income soared 41% to $3.26 billion.

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