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| Economic Recovery Falls Short of Expectations; U.S. Stocks Zigzag |
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| 4:34 PM ET January 27 2012 |
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U.S. indexes fell after the latest economic growth data failed to spark enthusiasm. Ford Motor reported a large net profit on one-time tax gains but operating net lagged on weak Asian and European results. Markets indexes in Europe declined after Greek talks foundered and Spanish jobs surged to 23%. |
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| Weak Home Sales Drag U.S. Indexes Lower |
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| 4:34 PM ET January 26 2012 |
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U.S. stocks declined after new home sales fell unexpectedly in December and dropped 6.2% to a record low in 2011. However, durable goods orders and weekly jobless claims rose. AT&T sold 9.4 million smartphones in the quarter and took $4 billion charge for a failed takeover bid. |
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| Nikkei Edges Lower; Fanuc Net Rises 22%, Tepco in Bailout Talks |
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| 9:22 AM ET January 26 2012 |
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Stocks in Japan traded lower as commodities gained in Asian markets trading. Tepco surged on the expectations that the company will accept 1 trillion yen bailout in exchange of two thirds stake. Fanuc said nine-month earnings increased 22% and sales rose 23%. |
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| Fed Extends Near Zero Rate to Late 2014, Greek Talks Drag |
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| 4:02 PM ET January 25 2012 |
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The U.S. indexes traded higher after the Fed extended near zero interest rate policy to late 2014 and estimated subdued inflation for two more years. The rate setting committee members also estimated unemployment to decline slowly. |
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| Japan Posts First Deficit in 30 Years; Yen Weakens |
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| 11:17 AM ET January 25 2012 |
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Stocks in Tokyo trading extended gains for the seventh day in a row as resources and merchant fleet operators led the gainers. Japan reported its first trade deficit as imports surge and exports struggle after natural disasters. |
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| Wall Street Declines; Refiner Petroplus Seeks Insolvency |
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| 4:31 PM ET January 24 2012 |
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The U.S. indexes declined after rallying for five days in a row. Global companies are beginning to feel the impact of weak euro and fast food retailer McDonalds lowered earnings outlook. The oil refiner Petroplus based in Switzerland defaulted on bond payment as refineries in South Korea and India. |
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| Nikkei at 3-month High; Toyota, Elpida, Olympus in Focus |
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| 12:27 PM ET January 24 2012 |
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Stocks in Japan traded higher and the benchmark index Nikkei traded at a 3-month high. Sony is expected to announce a stake in Olympus as early as next week that may lead to a business alliance. Elpida is expected to be a part of a three way merger with the U.S based Micron. |
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| Nikkei Flat in Tokyo; Olympus Jumps 8% |
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| 9:34 AM ET January 23 2012 |
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Stocks in Japan traded flat and construction companies were in focus for the second day in a row. Olympus gained 8% after Tokyo Stock Exchange approved its listing with a management review. Sony gained on the hopes of it taking a stake in Olympus. |
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| Wall Street Meanders; Global Markets Cautious |
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| 4:01 PM ET January 20 2012 |
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Stocks in New York traded sideways after a mixed bag of earnings. Technology companies were in focus after Intel, Microsoft and Google reported earnings. Intel forecasted stronger revenues in the current quarter and Google missed its revenues and earnings outlook. |
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| Earnings Parade Drive U.S. Market Sentiment |
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| 4:02 PM ET January 19 2012 |
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U.S. stocks and indexes gained after eBay, Morgan Stanley, Union Pacific and Bank of America report earnings. Bank of America swung to profit on asset sale and the bank is expected to eliminate 30,000 staff at the end of its restructuring. |
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