Stock Market

By Peter Brimelow, MarketWatch , Edwin S. Rubenstein



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Accenture sees strong 2012, lifts gloom Siddharth Cavale and Bijoy Anandoth Koyitty(Reuters) – Accenture Plc reported market-beating quarterly results, and the technology outsourcing and consulting company forecast a strong 2012, allaying fears of an i…

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Ashley Lau

Reuters
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PARIS (Reuters) – Shares in luxury goods makers Hermes and LVMH rose sharply on Monday after LVMH revealed it had built up a 17.1 percent holding in its smaller rival and said it was not planning a takeover.

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Reuters – The U.S. securities regulator is planning to streamline the complaint process by electronically cataloging alleged securities violations, the Wall Street Journal said.

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Reuters – The Group of 20 major economies agreed on Saturday to shun competitive currency devaluations but stopped short of setting targets to reduce trade imbalances that are clouding global growth prospects.

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Reuters – The Group of 20 major economies vowed to avoid competitive currency devaluations and shifted more IMF power to emerging economies, taking steps analysts see as important to avert the risk of trade wars and promoting flexible exchange rates.

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SYDNEY/SINGAPORE (Reuters) – Singapore Exchange (SGX) unveiled an agreed A$8.4 billion (5.3 billion pound) takeover offer for Sydney-based ASX Ltd on Monday to create the fifth-largest listed exchange in the world.

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Reuters – Singapore Exchange (SGX) was set on Monday to announce an $8 billion-plus takeover offer for Sydney-based ASX Ltd as Australia’s competition watchdog said it had no problems with such a deal.

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Reuters – The only question about the rate of U.S. economic growth right now is which adjective fits best: sluggish or slumping.

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