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European Markets Rebound; Deutsche Bank Net Down 54%

Nigel Thomas
01 Feb, 2011
New York City

European indexes rebounded sharply after the release of manufacturing index in the region. Germany also reported lowest unemployment in eighteen years and commodities prices traded higher. Deutsche Bank AG said fourth quarter net declined 54% on two acquisitions costs.

U.S. Indexes Higher; UPS Net Surges 48%, BP Reinstates Dividend

Bikram Pandey
01 Feb, 2011
New York City

U.S. stocks gained in early trading tracking gains in Europe and commodities. Manufacturing indexes in China, India and euro zone gained in January. Manufacturing is expected to advance in U.S. BP Plc reinstated dividend and reported annual loss in two decades. UPS net surged 48%.

Sensex in India Drops 1.8% to Plunge 12% in 2011

Marcus Jacob
01 Feb, 2011
New York City

Stocks in Mumbai continued to correct as inflation worries and rising crude oil prices lead foreign investors to sell. The latest private survey of manufacturing indicated that manufacturing expanded for the twenty second month in a row but at a slower pace in January. December exports rose 36.4%.

Australia Announces $5.6 Billion Flood Relief Package

Chandrasekhar Atreya
27 Jan, 2011
New York City

Stocks in Sydney traded flat with mining stocks firming during the day. P.M. Julia Gillard announces flood relief package of A$5.6 billion including a progressive tax levy. Crane Group enters into a two-day trading halt pending finalization of a revised takeover offer from New Zealand-based Fletche

Nikkei Gains; Japan Trade Surplus Surges 153% in 2010

Chandrasekhar Atreya
27 Jan, 2011
New York City

Japanese stocks closed higher ahead of earning outlook and U.S. economy. Trade surplus surges 153.4% to 6.77 trillion yen in 2010. Canon Inc full year net surges 87% to 246.6 billion yen. Toyota recalls 245,000 Lexus cars in the U.S.

Shanghai Index Gains 1.5%; Property Curbs Tightened Further

Chandrasekhar Atreya
27 Jan, 2011
New York City

Shanghai stocks gained by nearly 1.5% while the key stock index in Hong Kong dropped on Wall Street concerns. China increased the upfront payment for second home buyers from 50% to 60% to cool prices. NRDC fines retail giants Carrefour and Wal-Mart for overpricing at check-out point.

Sensex Drops 1.5% on Inflation; India and Indonesia Target $25 Billion Trade

Chandrasekhar Atreya
27 Jan, 2011
New York City

Stocks in Mumbai tumbled 1.5% after the release of the latest weekly wholesale data. India and Indonesia set a bilateral trade target of $25 billion by 2015. SpiceJet said third quarter net declined 13% to $21 million from a year ago.

U.S. Movers: Citrix, Netflix, Murphy Oil, Motorola Mobility

Mukesh Buch
27 Jan, 2011
New York City

AT&T fourth quarter revenues rose 2.1% to $31.36 billion. Colgate-Palmolive fourth quarter sales rose 15% to $3.6 billion. Lockheed Martin fourth quarter sales rose to $12.8 billion. Starbucks first quarter total net revenue rose 8% to $3.0 billion. P&G second quarter net ales grew 1.5%to $21.35 bn.

Tokyo Indexes Rise on Revised Outlook from Honda, Orix, Toto and Esai

Devan Biswas
01 Feb, 2011
New York City

Stocks in Japan rallied after Honda, Orix, Toto and Sumitomo Heavy lifted earnings outlook. The benchmark index Nikkei 225 Stock Average edged up 0.4% but closed near the low for the month.

UK Home Prices Slide; BSkyB Profit Soars, AstraZeneca Net Rises

Arthi Gupta
27 Jan, 2011
New York City

The UK indexes edged higher after home prices fell for the seventh straight month and retail sales growth slowed in January. Ireland retail sales dropped in December. WPP acquired majority stake in Ogilvy South Africa. BSkyB profit soared and AstraZeneca net rose.

U.S. Movers: Altera, Juniper, Legg Mason, Yahoo

Mukesh Buch
26 Jan, 2011
New York City

Abbott fourth quarter net sales increased 13.4% to $9.97 billion. General Dynamics fourth quarter revenue rose 8.9% to $8.6 billion. The Boeing fourth quarter revenue rose 8% to $16.55 billion. Valero fourth quarter revenue rose to $22.16 billion. Yahoo fourth quarter revenue fell 12% to $1.53 bn.

European Indexes Advance; Nokia, Novartis Profit Decline

Arthi Gupta
27 Jan, 2011
New York City

The European indexes climbed after euro-zone economic sentiment index fell and German inflation rose in January. French unemployment rose in December and consumer confidence dipped in January. Spanish retail sales declined in December. Nokia net falls.

U.S. Indexes Higher; AT&T, Colgate-Palmolive, P&G Net Drops

Arthi Gupta
27 Jan, 2011
New York City

The U.S. indexes gained after the Fed maintained bond purchase plan and left key rates near zero. ProLogis confirmed merger discussions with AMB. PepsiCo got Russian regulatory approval for Wimm-Bill-Dann acquisition. Procter & Gamble net declines.

UK Indexes Climb; Home Purchase Loan Approvals Fall

Arthi Gupta
26 Jan, 2011
New York City

The UK indexes rose after the Bank of England policy makers split on rates. The UK home purchase loan approvals declined in December. Irish trade surplus increased in November. WPP increased stake in Mindshare South Africa.

European Indexes Higher; German Import Price Inflation Rises

Arthi Gupta
26 Jan, 2011
New York City

The European indexes gained after successful first bond issue by the European Financial Stability Facility. German import price inflation rose in December. Sweden trade surplus increased in December. Italian retail sales declined in November. Norges Bank held key rate.

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