Result Page 125 for Latest Global Markets News & Archive

Traders work on the floor of the New York Stock Exchange

US futures edge lower, FOMC statement eyed

Futures on major U.S. stock indices point to a modestly lower opening on Tuesday as investors awaited a wave of economic data including the US Federal Federal Open Market Committee statement (FOMC)

Gleacher starts Check Point Software with 'buy' rating

Gleacher & Co. initiated coverage on Check Point Software with a 'buy' rating and price target of $55 on potential benefits from growing network security market.

Imagination Technologies H1 profits double on strong revenue

U.K. chipmaker Imagination Technologies, which licenses and sells its designs to Intel and Apple, said interim pretax profits doubled on strong revenue growth from both licensing and royalties. The volume of partner chips shipping with Imagination’s IP has nearly doubled to 107 million.

Bunzl says acquisitions to boost full-year revenue growth

Bunzl Plc, Britain's distribution and outsourcing company, sees full year group revenue growth to be between 3 percent and 4 percent boosted by acquisitions.

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US stocks advance on China rate decision, deal news

U.S. stocks advanced in early trade on Monday, following the gains in global equities, after Chinese policymakers refrained from raising interest rates over the weekend.

GBP/USD off 2-week high to below 100-day SMA, targeting 1.5649 (S1), 1.5483 (S2) before 1.5295

GBP/USD that rose above the key 1.5838 level to a 2-week high of 1.5860 on Friday slipped on Monday despite a stronger-than-expected data and is now targeting 1.5649 as immediate support (S1).

Thermo Fisher to buy Dionex for about $2.1 bln

Scientific instruments maker Thermo Fisher Scientific said it agreed to acquire chromatography systems maker Dionex Corp. for about $2.1 billion to expand in Asia-Pacific regions such as China.

Dell buying Compellent to boost data storage presence

Dell Inc. announced an agreement to acquire data storage company Compellent Technologies Inc. for about $960 million, or about $27.75 per share in cash, to boost its storage presence.

A man walks into the trading hall of the Hong Kong Exchanges and Clearing in front of Christmas lighting in Hong Kong - file photo.

US falls way behind China in IPO value

Even as the risk appetite of global investors is picking up steam once again, emerging economies have gone past the U.S. in leading the investment pick-up.

GE's Brazil Focus; Paying $1.3 Bln For UK's Wellstream

US conglomerate GE said it agreed to buy Britain's oilfield-services company Wellstream Holdings Plc for 800 million pounds ($1.3 billion) to broaden its base in fast-growing emerging markets.

Traders gather around the General Motors trading post on the floor of the New York Stock Exchange

Stocks drift higher on some encouraging economic data, ahead of expected tax-cut extension

Stocks drifted higher, with the S&P 500 approaching a two-year high, as traders seemed pleased with a narrowing trade deficit and higher consumer confidence, ahead of an expected extension of Bush-era tax cuts by the federal government.

Why there will be no Treasury crisis

There are plenty of concerns surrounding U.S. Treasuries, yet a Treasury crisis doesn't seem to be happening.

USD/CAD in descending channel ahead of key US data, S1 seen at 1.0060/40

USD/CAD showed little reaction to the first set of data from the US and Canada on Friday and the pair stayed within a descending channel ahead of a more important consumer sentiment data from the US.

US stocks set to open higher

Futures on major U.S. indices point to higher opening on Friday ahead of economic data including trade balance and monthly import price index.

GBP/USD at 2-week high on data; aims 1.5952-1.5996 (R1) before 1.6104 (R2)

Higher-than-expected producer price index released Friday morning in London helped GBP/USD break above the key 1.5838 resistance to a 2-week high and is now targeting the 1.5952-1.5996 region.

EUR/USD widens channel on upside; still trending lower on debt woes

On a 2-hour chart, EUR/USD has next support at 1.3141 (S1), as indicated by the 61.8 percent Fibonacci retracement from 1.3422 to 1.2970. A break below the same could take it to 1.3059 (S2) before retesting the November 30 low of 1.2968.

Sprint Could Buy Ntelos' Wireless Business: Analyst

Sprint Nextel, the third largest wireless carrier in the United States, could acquire Ntelos Holdings' wireless business.

Toyota Motor Corp`s newest Prius hybrid car goes in front of the building of the company headquarters

Hybrids to replace petrol cars in 10 years

Hybrids are set to sound the death knell for petrol-powered company cars, which could almost be obsolete within a decade, says a new survey.

Stocks finish narrowly mixed in lethargic trading session

Stocks finished narrowly mixed in lethargic trading as an early jump on a benign jobless claims data faded away on a stronger U.S. dollar and later on news that Democrats in the House voted against considering the tax cut extensions that President Obama negotiated with Republicans.

Bayer headquarters in Leverkusen Germany.

Bayer seeks to more than double Chinese sales by 2015

German pharmaceuticals and chemical giant Bayer AG said it plans to invest 1-billion euros ($1.3-billion) in China in efforts to more than double sales in the country by 2015, as part of the company’s greater push into the Asia-Pacific region.

Nvidia's latest graphics card GeForce GTX 580

Nvidia Set To Gain Share In High-End PC Graphics: Analyst

Graphics chip maker Nvidia may be turning the corner with better execution in PC graphics with the GTX 580/570/560 product family based on its new Fermi architecture.

US stocks set to open higher after jobs data

Futures on major U.S. stock indices point to higher opening after the Department of Labor reported that weekly jobless claims declined last week.

U.S. Home Value Losses Exceed Cost of 12 Iraq Wars

U.S. homes are set to lose more than $1.7 trillion in value during 2010, bringing the total value lost since the market peaked in June 2006 to $9 trillion, which surpassed the cost of 12 Iraq wars, a report said.

AIG to repay NY Fed loan; Opens Door For Sale of Treasury Shares

Insurance giant American International Group has signed a debt repayment deal with Federal Reserve Bank of New York, paving way for the Treasury Department to sell a significant stake in the company early next year.

AUD/USD completing 'right shoulder' seems tough; Chinese, US cues to impact

Despite a very strong jobs data early Thursday, the Austalian dollar looks less energized for a rally above Tuesday's high of 0.9964 to 1.0001, to complete the 'right shoulder' of a 'head and shoulders' pattern with 'head' at 1.0181 formed on November 5.

US futures edge higher, jobs data eyed

Futures on major U.S. indices point to higher opening on Thursday as better-than-expected Japanese economic growth boosted sentiment.

Smoke rises from stacks as processing slowly resumes at the Imperial Oil refinery in Nanticoke

Barclays starts Imperial Oil with 'overweight' rating

Barclays Capital initiated coverage of Imperial Oil with an overweight rating and a price target of C$46 per share, saying that the company's oil sands play has been undervalued by investors.

StanChart sees double digit profit growth for 2010

U.K. lender Standard Chartered Plc sees double digit pretax profit growth for 2010 at its consumer and wholesale banking segments, and that it is tracking towards a strong performance in the full year.

Traders work on the floor of the New York Stock Exchange in New York

Stocks edge higher, bonds plunge, as traders weigh tax cut plan

Stocks crept higher in a choppy trading session as traders likely had more time to digest the implications of the extension of George W. Bush’s tax cuts for two years, as well as a renewal of unemployment insurance for long-term jobless for thirteen months.

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