Apr 30, 2010 5:05 PM ET
Stocks and indexes closed lower in New York trading on the growing belief that regulators may add criminal charges to ongoing investigation of Goldman Sachs. Barclays Plc fell more than 8% after it reported weaker than expected earnings.
Apr 30, 2010 3:44 PM ET
Australian dollar rises as Greece agrees to Ä24 billion austerity measures. Regulator approve Shell and PetroChina bid for Arrow Energy Ltd. Woolworths Ltd cuts sales forecast and reported lower than expected third quarter sales growth. Santos chief says ETS delay will affect investment.
Apr 30, 2010 2:25 PM ET
Japanís unemployment rate at 5% in March and family spending advanced 4.4% in the month. The consumer price index rises 0.3% in March. Ashok Leyland Nissan venture in India plans to roll out light commercial vehicle in 2011. Stocks in Tokyo trading closed higher tracking international gains.
Apr 30, 2010 1:40 PM ET
The euro gained as fears of Greece debt default receded for now and March unemployment hovered at 10%. Italy''s inflation rises in March. Polish insurer PZU SA raises $2.7 billion in a public offering, the largest in three years. Total''s first quarter profit up 14% on higher oil prices.
Apr 30, 2010 1:09 PM ET
U.K. stocks decline as weak consumer confidence and uncertainty over the Greek bailout aid package marred investor sentiment. The pound gains against the dollar. Barclays net rises 29%. WPP raises outlook.
Apr 30, 2010 2:26 PM ET
MEMC Electronic Materials, Inc led the decliners in the S&P 500 index with a loss of 15%. Allergan reports higher quarterly earnings. Chevron first quarter net income grows by 147%. Nasdaq OMX profit climbs but lags estimates. Coventry Health lifts view as profit doubles.
Apr 30, 2010 11:53 AM ET
Market index advance on the back of positive earnings. Foreign holdings of stocks increased to record $79.1 billion and bonds to $13 billion. Gold price reached to 4-month high ahead of wedding season. Ashok Leyland Limited net surges three-fold and Biocon Limited net doubled.
Apr 30, 2010 9:51 AM ET
European investors surmised that Greece and the EU-IMF will soon finalize the details of bailout. The euro and stock market indexes in the region advanced. However, Greece may be forced to implement additional and tougher austerity measures.
Apr 30, 2010 9:36 AM ET
Higher consumer spending lifted preliminary estimate of the first quarter GDP growth to 3.2%. However housing investments declined 10.9% in the quarter. Contribution from the inventory rebuilding declined sharply in the quarter.
Apr 29, 2010 5:54 PM ET
U.S. stocks gained the most in two months after a string of positive earnings lifted sentiment. Aetna, Motorola, Starwood, Procter & Gamble, Visa and Baidu.com reported better than expected earnings. For-profit colleges stocks declined after undersecretary for education criticized the industry.