Sep 09, 2010 1:11 PM ET
Airgas declined after it rejected revised unsolicited offer from Air Products & Chemicals Inc. Fuqi International Inc plunged after the SEC demanded regulatory statements. Adobe systems Inc surged 10% after Apple relaxed mobile application guidelines.
Sep 09, 2010 11:17 AM ET
The UK indexes gained after the BoE retained key rate and £200 billion bond purchase. The UK trade deficit widened to record high in July. Ireland CPI rose in August. Dana rebuffed KNOC 1,800 per share offer.
Sep 09, 2010 10:07 AM ET
The European indexes rose after German inflation eased in August. French payroll employment increased in the second quarter. The IMF noted Austria growth outlook challenging. Greek industrial output fell in July and Swedish inflation slackened in August.
Sep 09, 2010 9:35 AM ET
U.S. stocks trade higher after weekly jobless claims fell 27,000 to 451,000 and trade deficit narrowed in July. Fed noted slowdown in economic growth and OECD reiterated recession is “unlikely.” Airgas rejected $65.50 per share offer from Air Products.
Sep 09, 2010 8:17 AM ET
Stocks in Mumbai gained for the fourth consecutive day to keep the index at a 30-month high. Sale of passenger cars surge 33% in August. India approves stake sale of Manganese Ore (India) Ltd. Tata Power plans to increase power capacity to 25,000 MW by 2017.
Sep 09, 2010 6:04 AM ET
Stocks in China fell after commodity and financial shares declined today. China bought record amount of Japanese government debts in July. Shanghai registers a record residential plot sale in Pudong New Area.
Sep 09, 2010 5:36 AM ET
Stocks in Japan gained after successful bond auctions in Portugal and Poland eased investor. U.S. Treasury auction of $21 billion also drew a strong interest from foreign central banks. Business sentiment index of large companies in Japan rises in the quarter.
Sep 09, 2010 5:25 AM ET
Stocks in Australia gained after a report showed unemployment fell to its lowest level since January 2009. Competition authorities once again rejects NAB’s AXA bid. New parliament session will start on September 28.
Sep 09, 2010 2:01 AM ET
The home furnishings retailer quarterly net revenues grew 15.4% to $776 million on comparable store sales rise of 13.6%. Net income surged 7619% to $30.8 million in the quarter. Earnings per share were 28 cents compared with a breakeven a year ago.
Sep 08, 2010 5:23 PM ET
Market indexes in the U.S. and Europe recovered with the sentiment. U.S. Treasury bonds inched up after the latest $21 billion auction drew the best response from central banks. Bonds in Europe also recovered after Portugal completed the sale of $1.3 billion.