Sep 24, 2010 10:15 AM ET
The European indexes advanced after German business confidence rose to record level in September. Euro-zone money market turnover fell in the second quarter. France GDP growth revised up 0.7% in the second quarter. The Swiss National Bank lifted current year Swiss growth forecast to 2.5%.
Sep 24, 2010 9:43 AM ET
U.S. stocks edged higher after durable goods orders fell 1.3% in August and excluding transportation increased 2%. Petrobras raised $70 billion in public share offering. Nike reported higher earnings on China demand. CSG Systems agreed to buy UK-based Intec for $371 million.
Sep 24, 2010 7:52 AM ET
India lifted foreign investor upper limit in government and corporate debt on the rising demand for investment in infrastructure. The revised limits also sustained the gains in stocks and the index surged to a nearly three-year high. India completes the transition to cleaner fuel standards.
Sep 24, 2010 5:56 AM ET
Stocks in Japan drop for the third day in a row on a stronger yen and a weakness in international markets. China questions four Japanese for alleged videotaping of military targets. China denies embargo on export of rare earth to Japan. Asahi Glass opened the world’s largest float glass plant in Russia.
Sep 24, 2010 5:58 AM ET
Sydney index declined 0.7% on Friday and fell 0.8% for the week. BHP and Apache approve $1.5 billion Macedon gas field development. Rio Tinto plans to develop Dampier port for increased iron ore exports. Long running investigation of CabCharge led to A$15 million penalty.
Sep 23, 2010 4:02 PM ET
U.S. stocks closed lower as weekly jobless claims increased and home sales in August struggled to gain the ground. Apple surpassed PetroChina and only trails Exxon Mobil Corp in market cap. U.S. Treasury yields declined. Gold and silver inched higher.
Sep 23, 2010 4:25 AM ET
Apple Inc gained more than 1% after analyst revised iPad sales estimate. Copart, Inc dropped 8% after the auto junk yard operator reported lower than expected sales. Scholastic Corp gained 5% on stock repurchase plan. SunPower Corp surged 8% on a new order.
Sep 23, 2010 11:19 AM ET
The UK indexes fell after mortgage approvals declined and auto production increased in August. The Bank of England Chief Economist Spencer Dale urged for reduction in monetary stimulus. Second GDP of Ireland contracted and current account deficit narrowed.
Sep 23, 2010 10:00 AM ET
The European indexes declined after euro-zone PMI fell to a seven-month low in September. German private sector growth dipped and French business confidence rose in the month. Czech Republic left its key rate unchanged at 0.75%.
Sep 23, 2010 9:35 AM ET
U.S. stocks slid after weekly jobless claims rose 12,000 to 465,000 and home prices fell more than expected in July. The U.S. Treasury raised $706 million on sale of Hartford warrants. Potash Corp sued BHP to prevent hostile takeover bid. Blockbuster reached agreement with bondholders.