Aug 11, 2009 3:57 PM ET
The Bank of Japan left its key rate unchanged in a unanimous vote and left its economic assessment unrevised. The central bank highlighted downside risks to the economy until the final demand improves. Insurers gained on earnings. Earthquake related stocks closed higher.
Aug 11, 2009 2:39 PM ET
Germany reported first monthly decline in consumer prices in 22 years in June. The prices decreased 0.7% from a year ago and wholesale prices fell 10.6%. The pre-paid telecom operator Drillisch surged 7% after its net soared five-fold. TUI AG declined on financing worries related to Hapag-Lloyd.
Aug 11, 2009 1:11 PM ET
UK home prices in June inched higher and number of agents reporting price decline also edged lower in July. Trade deficit widened in June as imports of goods rose at a faster pace than exports. Tata Motors arranged loans without the backing of UK government.
Aug 11, 2009 11:41 AM ET
MBIA Inc plunged after negative comments and a rating downgrade from JP Morgan. AIG dropped as well after the stock surged in the last ten days of trading. Yum! Brands, Sprint and Dynegy declined on lowered ratings from analysts.
Aug 11, 2009 9:42 AM ET
Stocks in Mumbai edged higher on positive market sentiment as several companies issued stock splits and reported new orders. Swine flu treatment related generic drug makers were on the most actively traded stocks. Tata Motors secured debt funding for its UK based Jaguar and Land Rover unit.
Aug 10, 2009 12:57 AM ET
ConocoPhillips second quarter earnings dropped nearly 50% to $35.4 billion and profits plunged 76% to $1.3 billion as heavy fuel supplies and weak demand hurt margins. Earnings per share were 87 cents as against $3.50 in the year-ago quarter.
Aug 10, 2009 5:35 PM ET
U.S. stocks edged lower ahead of Fed meeting this week. The Fed is expected to leave rates unchanged and leave most of the direct lending programs in place. Consumer bankruptcies increased 34% in July. Freddie Mac surged on a quarterly profit after two years.
Aug 10, 2009 4:10 PM ET
European real estate firms declined on weak rents and falling property values. Banks in Italy edged higher. Bourbon SA, the offshore marine service first half revenues increased 11.2%. Heidelberger Druckmaschinen AG finalized its €1.4 billion credit agreement.
Aug 10, 2009 2:58 PM ET
Resolutions revised offer for Friends Provident values the insurer at £1.85 billion. Lloyds is exploring to raise up to £15 billion. Morgan Sindall profit slides 28%. Geong International surged 28% after it won new business in China.
Aug 10, 2009 1:23 PM ET
The Internet applications and content delivery solutions provider quarterly revenue increased 5% to $204.6 million. Net quarterly income rose 5% to $36 million due to higher traffic growth in the media and entertainment segment. Earnings per share remained flat at 19 cents.