Jul 02, 2010 3:21 AM ET
Resource stocks rallied after Australia and miners agree to revised lowered additional taxes for top 320 companies. Rio Tinto, BHP Billiton and Fortescue Metals make strong gains. Xstrata resumed work on its Queensland copper mine project.
Jul 12, 2010 3:15 AM ET
The European markets soar amidst hopes that BP Plc is making significant progress to contain the oil spill. Fitch affirms Denmark IDRs at ''AAA'' and stable outlook. Greek import prices growth slow in May. Portugal CPI edges higher in June.
Jul 12, 2010 3:12 AM ET
Hewitt Associates, Inc. led gainers in the S&P 500 index with a rise of 32.9%. Alliance Data stock worth less than $30. Paychex CEO resigns to pursue other interests. The Shaw Group net income rises sharply.
Jul 12, 2010 3:10 AM ET
U.S. stocks fall ahead of the earnings season. Hewitt Associates to merge with Aon Corp. MRC Technology enters into an exclusive license agreement with Genentech. BP Plc oil spill containment costs rise to $3.5 billion.
Jul 09, 2010 3:07 AM ET
The UK indexes climb on better-than-expected U.S. jobless claims. UK wholesale inflation increased 5.1% in June and trade deficit widened in May. U.S. government urges BP Plc for oil spill containment plans. Sembcorp completed tender offer for Cascal shares. Vallar raised $1.07 billion in offering.
Jul 09, 2010 3:00 AM ET
The European markets extend gains on positive U.S. economic data. The ECB President Trichet approves bank stress tests. The OECD composite leading index rises in May. French industrial production rebounds in May. German CPI inflation confirmed at 0.9% in June.
Jul 09, 2010 2:57 AM ET
Discovery Communications Inc. led the decliners in the S&P 500 index with a loss of 9.4%. Big 5 Sporting Goods cuts view and shares fall 8%.
Jul 09, 2010 2:56 AM ET
U.S. stocks trade sideways on speculation of the earnings season next week. The IMF highlighted U.S. economic recovery is well established. The federal appeals court rejected government bid to reinstate drilling ban. Air Products raised Airgas offer to $63.50 a share. China renews license of Google.
Jul 08, 2010 2:51 AM ET
The IMF lifts global growth outlook for 2010 to 4.6%. The Bank of England retains key interest rate of 0.5% and £200 billion bond purchase. The UK manufacturing output recorded biggest growth in May and home prices fell in June.
Jul 08, 2010 2:50 AM ET
The European markets extend gains after the International Monetary Fund lifts global growth forecast for 2010. The European Central Bank and Bank of England keep interest rates flat at 1% and 0.5% respectively. French business sentiment declines in June. German industrial production surges in May.