Mar 09, 2009 1:06 PM ET
Japan current account deficit rises to 172.8 billion yen in January compared to surplus of 3.2 trillion yen a year ago period. Separately, bank lending dropped 3.8% in February but regional and smaller banks increased their lending. Realty stocks declined with Mitsui Fudosan dropping 8%.
Mar 08, 2009 3:05 AM ET
The fruit and vegetable producer quarterly net sales decreased 2% to $831 million. Net income declined 37% to $26 million in the quarter. Earnings per share decreased to 41 cents from 69 cents a year-ago quarter. The company estimates capital expenditures of $120 million in fiscal 2009.
Mar 07, 2009 9:58 AM ET
Autodesk fourth quarter revenue decreased 18% to $490 million and loss per share was $0.47 against $0.40 in the prior year quarter. For the first quarter, the company expects revenue in the range of $400 million to $440 million and loss per share in the range of 8 cents and 20 cents.
Mar 06, 2009 8:06 PM ET
European main indexes closed on the downside on worries that the global recession may continue to batter consumer spending and corporate earnings through the year. Veolia Environnement reported lower than expected annual results and cut its dividend. Air France passenger traffic dropped.
Mar 06, 2009 8:45 PM ET
U.S stocks traded volatile after employers cut jobs at a rate lower than previous months. Crude oil jumped and lifted stocks of energy companies. Banks and financial stocks remain under pressure in Europe and in the U.S.
Mar 06, 2009 12:51 PM ET
Wells Fargo & Company led gainers in the S&P 500 index with a rise of 16.1% on a dividend cut. AnnTaylor Stores Corporation posts fourth quarter loss. Eastman Kodak Company dropped 14% on a debt rating downgrade on high cash outflow. H&R Block trades higher on quarterly profit.
Mar 06, 2009 11:37 AM ET
Stocks in Mumbai trading rebounded on the hopes that the economy will recover in the third quarter of this year. Stocks closed higher on low trading volume. Rupee edged higher but hover near the record low and foreign exchange reserve edged lower at the end of February.
Mar 06, 2009 8:34 AM ET
Stocks adjusted to lower level after China did not expand its large stimulus package. In Hong Kong trading banks and insurance companies fell. Manulife Financial Corp plunged 10.1% to HK$62.30 after its Toronto-listed parent company shares fell yesterday.
Mar 06, 2009 6:33 PM ET
As global economic recession widens, Japan is feeling export pressures. Preliminary exports declined 47% in February and imports fell 28%. Japan is likely to accelerate its direct corporate lending in less than a month as companies find it difficult to borrow money.
Mar 06, 2009 5:13 AM ET
World markets dropped as global investors held hostage to the political inaction in Washington. U.S. led world recession continue to deepen and widen across industries and nations around the world. Central banks in Europe and UK lowered interest rates and UK prepares to print money. Gold shines.