Mar 27, 2015 1:11 PM ET
Stocks on Wall Street struggled and S&P 500 index is set to close down 2.3% and the Nasdaq by 2.9% for the week. Economic growth in the fourth-quarter was held at 2.2% in the final estimate and for all of 2014 the U.S. economy slowed to a growth of 2.2% from 2.4% in 2013.
Mar 27, 2015 12:56 PM ET
BlackBerry net swung to profit but revenues declined 32%. Finish Line profit declined 5% while revenues climbed 6%. GameStop profit surged 11% but sales dropped 6%. Restoration Hardware net climbed 60% on 24% increase in revenues.
Mar 27, 2015 12:29 PM ET
Antofagasta fell after suspended operations at three Chilean mines due to heavy rains. BHF Kleinwort Benson net swung to profit of €71.6 million. Carnival net swung to profit of $49 million. RBS agreed to sell its private banking and wealth management business to Union Bancaire Privee.
Mar 27, 2015 9:43 AM ET
Nikkei index declined and extended losses for the week to 1.4% after the latest inflation data fell short of expectations. The weak fuel prices dragged the overall inflation below the Bank of Japan target.
Mar 27, 2015 1:02 PM ET
Three leading wireless carriers Bharti Airtel, Idea Cellular and Vodafone and Tata Teleservices, Reliance Infocom and Reliance Jio committed nearly ₹109,000 crore or $16.5 billion in the largest wireless spectrum auction.
Mar 27, 2015 8:51 AM ET
Australian markets braved higher on the back of a sixth day rally in oil prices and gold extended seven day advance to 5%. Chevron agreed to sell its 50% stake in Caltex after 40 years as the U.S.-based oil explorer retrenches from refining businesses.
Mar 26, 2015 7:08 PM ET
A mild rebound in tech stocks failed to lift the broader indexes and oil rally extended to fifth session in a row. S&P 500 index is down more than 2% in the week so far and the Nasdaq is down 3%, the largest weekly loss since October.
Mar 26, 2015 12:46 PM ET
Accenture Net climbed 9%. ConAgra net swung to a loss but lifted earnings forecast. Lululemon surged 7% on positive outlook. PVH net swung to profit. Red Hat net jumped 6% on 15% increase in revenues. Signet Jewelers net rose 1%. SanDisk tumbled 17%.
Mar 26, 2015 10:48 AM ET
Deutsche Postbank net plunged 16% to €278 million on 8% decline in revenues. easyJet dropped on weak outlook. SolarWorld net swung to profit of €464 million on 26% increase in revenues. Vossloh net swung to a loss of €206 million. Telefonica Deutschland net swung to a loss of €721 million.
Mar 26, 2015 9:49 AM ET
Nikkei index in Tokyo closed lower following an Asia-wide sell-off sparked by more than 1% decline in New York. Ichibanya Co said third-quarter earnings surged 39% on 6% increase in revenues. Mitsubishi Motors plans to invest $500 million in Indonesia.