Jan 26, 2010 9:30 AM ET
World markets declined after more banks tighten lending in China. The lending in the first two weeks surged to more than $200 billion, nearly 20% of the annual quota. UK barely emerged from the recession that dragged its GDP down by 6% in the previous six quarters.
Jan 25, 2010 9:40 PM ET
Australia’s producer prices dropped 0.4% in December. Woodside discovers gas during drilling. Fonterra raises NZ$271 million from dairy farmers.
Jan 25, 2010 8:47 PM ET
Foreign visitors to Japan decline 13% to 7.81 million. Bank of Japan to extend emergency loan program. Pioneer Corp plans to raise 20 billion yen in share offering.
Jan 25, 2010 7:47 PM ET
Stocks in Mumbai traded lower. Crompton Greaves traded at one-year high ahead of bonus issue decision. Indian government plans to raise $3.8 billion from a stake sale in the mining company NMDC. McNally Godrej Consumer Products sales surge 53%.
Jan 26, 2010 9:39 AM ET
Apple Inc in the after-hours trading edged higher after it reported quarterly earnings of $3.38 billion or $3.67 a share and sales increase of 32% to $15.7 billion.
Jan 25, 2010 7:24 PM ET
Stocks closed higher in New York after a three-day sell-off. Home sales declined more than estimated in December but increase in 2009, first time in four years. European markets fell more than 1%. Commodoties edged lower and the dollar hovered near its recent highs.
Jan 25, 2010 6:18 PM ET
European market indexes closed lower more than 1%, however Athens benchmark index surged. Greek government auction of €8 billion five-year bonds auction drew more than three times interests. Fiat SpA declined after it indicated weak auto sales in the current year. Ericsson net plunges.
Jan 25, 2010 4:37 PM ET
UK benchmark indexes declined more than 1% before recovering after the release of weaker than expected home sales data in the U.S. Broker recommendations led Man Group Plc, Johnson Matthey and Reed Elsevier lower. Resource stocks led the decliners.
Jan 25, 2010 1:05 PM ET
AK Steel Holding Corporation led gainers in the S&P 500 index with a rise of 7.7%. Sealed Air''s adjusted net income hits target. Eaton Corp. fourth quarter net up 29.4% and sales off 10%. CNH Global net drops 75%.
Jan 25, 2010 11:20 AM ET
The oilfield services provider quarterly revenue declined 16% to $5.74 billion. Net quarterly income slumped 31% to $795 million reflecting a downswing in the Oilfield Services and WesternGeco revenues. Earnings per share dipped to 65 cents from 95 cents a year-ago quarter.