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
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.
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.
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.
Arthi Gupta
02 May, 2011
New York City
U.S. indexes rose on Osama bin Laden
Mukesh Buch
29 Apr, 2011
New York City
Caterpillar first quarter net profit soared 426% to $1.2 billion. Microsoft third quarter net income increased 31% to $5.2 billion. Research In Motion estimates first quarter earnings of $1.30 to $1.37 per share. Zimmer first quarter net income rose 2% to $208.9 million.
Mukesh Buch
06 May, 2011
New York City
American International Group reported first quarter net loss of $543 million. DIRECTV first quarter net income rose to $674 million. Kraft Foods first quarter net earnings in the quarter soared 58% to $799 million. Washington Post first quarter net income declined 67% to $15.1 million.
Bikram Pandey
10 May, 2011
New York City
U.S. stocks closed higher on deal news and positive economic news at home and abroad. European markets gained after Greece completed the sale of short term debt but the speculation intensified of another bailout. Asian markets closed mixed as earnings in Japan improved the sentiment.
Devan Biswas
29 Apr, 2011
New York City
Stocks in Mumbai in a volatile trading edged lower after inflation worries sparked by higher crude oil prices. UCO Bank and Prism Cement declined after reporting lower than expected earnings. Mafatlal Industries soared after it sold 7 acre land plot in central Mumbai at a peak price.
Arthi Gupta
29 Apr, 2011
New York City
U.S. indexes traded sideways after personal income rose 0.5% and pending home sales rose more than estimated in March. France-based Total SA acquired 60% stake in SunPower. Caterpillar, D.R. Horton, Merck quarterly earnings surge.
Arthi Gupta
29 Apr, 2011
New York City
The European indexes traded mixed after weaker-than-anticipated economic data. Euro-zone inflation accelerated for a fifth consecutive month in April and German retail sales dropped unexpectedly in March. Daimler and Total reported strong quarterly earnings.
Arthi Gupta
29 Apr, 2011
New York City
Euro-zone jobless rate at 9.9% in March and inflation accelerated for a fifth consecutive month in April. German retail sales declined and French producer prices increased in March. Spanish annual inflation climbed in April. Norwegian jobless rate fell in April.
Devan Biswas
29 Apr, 2011
New York City
Stocks in Shanghai rebounded after falling for four days in a row on the prospect of higher inflation. For the week, the benchmark index dropped 3.3% in Shanghai. The Hang Seng index declined. Hui Xian Real Estate Investment Trust declined 7.8% on the first day of trading.
Marcus Jacob
29 Apr, 2011
New York City
Stocks in Australia skid on the recent surge in the dollar. Resource stocks edged lower as gold closed at a new peak for the eighth day in a row and silver flirted with the three decade high. Macquarie reported fiscal 2011 earnings declined 9% but guided higher earnings in the current year.
Bikram Pandey
28 Apr, 2011
New York City
U.S. stocks extended gains for the sixth day in a row but tech stocks and small cap companies rested after rallying to highs not seen in a decade. Earnings drove the trading sentiment but the decline lifted gold, silver and copper.
