Financial News, Economic Education, Analysis

Wall Street took advantage Friday of the good performance of industrial stocks, led by Caterpillar, thus allowing the Dow Jones in April to record its best monthly performance since December 2010.
The Dow Jones industrials gained 30 0.37% or 47.23 points at 12,810.54. The S & P-500, wider took 3.13 points, or 0.23%, to [...]

NYSE Euronext, a target of two takeover rivals, has renewed his call Thursday to its ownership structure so that it supports the takeover offer by Deutsche Börse, on the occasion of the release of strong quarterly results.
The exchange operator has reported an increase of 5% of its turnover in the first quarter to [...]

The New York Stock Exchange ended higher Tuesday in favor of good corporate results, and reached its highest since June 2008, as we begin a policy meeting of the Federal Reserve.
The Dow Jones closed up 0.93% or 115.49 points to 12,595.37 points while the S & P 500 closed with a gain of [...]

The Tokyo Stock Exchange finished Monday down 0.11%.
The Nikkei lost 10.25 points to 9,671.96 and the Topix broader yielded 1.50 points (0.18%) to 840.68.
The quarterly earnings season begins this week in Japan, and investors chose to be cautious.
Signs of robust profits in the sector groups exporters, however, these values [...]

Sodexo has revised upwards its forecast for annual revenue growth encouraged by the results of its first half despite the European economy.
The world number two catering, behind Britain's Compass is now thought to carry the entire 2010-2011 fiscal year organic growth of around 4.5% so far it expects a growth of 3-4%.
[...]

Banca Popolare di Milano said Tuesday it will propose to its shareholders by June a capital increase up to 1.2 billion euros, becoming the latest of Italian banks to take this step.
The bank said it targeted a ratio of gross Tier 1 capital of 9.8% in 2013, while its capital increase made at [...]

Faurecia reported Tuesday a jump of 24% of its turnover in the first quarter, driven in particular by the strong performance of the group in North America and Asia.
The automotive supplier, 57.4% owned by PSA Peugeot Citroën, said that at constant scope and exchange rates, growth of its sales stood at 15%.
[...]

Bank of America announced Friday a 37.5% decrease in earnings in the first quarter and has appointed a new CFO.
The largest U.S. bank reported a net profit of two billion, or 17 cents per share, against 3.2 billion (28 cents) a year ago.
Thomson Reuters consensus I / B / E / [...]

The Tokyo Stock Exchange ended down 0.65% Friday, reflecting fears of monetary tightening in China, a deterioration in the labor market in the U.S. and a resurgence of the European budget crisis .
The Nikkei lost 62.40 points to 9,591.52 points and the Topix broader yielded 5.43 points (-0.64%) to 841.29 points.
As [...]

Schneider Electric said Wednesday that he did not discuss now with Tyco International to buy back, without stop the speculation.
A person familiar with the matter said Tuesday that Schneider had approached Tyco and surveyed bankers on the financing of a potential offer.
The market speculates on the extent of such transaction and [...]