Nov 29, 2010 4:37 AM ET
Stocks in Australia closed higher as commodities advanced. Australia passes legislation that will separate the retail and wholesale businesses of Telstra. AMP approves acquisition of AXA Asia Pacific. Corporate profits in Australia declined in the September quarter and homes sales in October.
Nov 29, 2010 12:35 AM ET
The digital financial media company said quarterly revenue rose 8% to $14.3 million, reflecting a 9% jump in advertising sales and 8% growth in subscription revenue. Net loss widened 39% to $1.93 million in the quarter. The company lost 6 cents a share versus a loss of 5 cents a year-ago quarter.
Nov 27, 2010 3:56 AM ET
The luxury-jewelry retailer worldwide net sales for the quarter increased 14% to $681.7 million, with growth across all geographic regions. Net quarterly earnings surged 27% to $55.1 million. Earnings grew to 43 cents per share from 34 cents per share last year.
Nov 26, 2010 10:56 AM ET
The UK indexes slid on worries that Ireland''s fiscal crisis could spread to other euro-zone countries and home prices declined in October. Irish retail sales rose in October. BP won production sharing contract in Indonesia. Chrysalis agreed to £107 million takeover offer.
Nov 26, 2010 10:46 AM ET
The insurer quarterly revenues increased 28% to $6.67 billion. Net income generated in the quarter was $666 million or $1.34 per diluted share, compared to a net loss of $220 million or 79 cents per share in the prior-year quarter.
Nov 26, 2010 10:30 AM ET
The European indexes fell on rising debt concerns in the euro-zone as leaders struggle to contain the spreading debt contagion. German CPI rose in November and French consumer spending declined in October. Euro area bank lending climbed in October. Spain mortgage approvals fell in September.
Nov 26, 2010 9:35 AM ET
U.S. indexes traded lower tracking weaker world markets. European sovereign debt problem has now shifted focus to Belgium, Portugal and Spain as leaders work with Portuguese leaders to seek aid. KKR-led consortium agreed to acquire Del Monte Foods for $5.3 billion.
Nov 26, 2010 6:34 AM ET
Stock in Mumbai plunged for the second day as regulators widen loan scandal probe. Banks declined more than 5%. Bank of India gained 2.9% after positive comments on loan procedures. Jet Airways plunged 7.1% after aviation minister warned against sudden fare increase.
Nov 25, 2010 11:06 AM ET
The UK indexes rose after retail sales climbed in November. Tate & Lyle agreed to sell molasses business for £67 million. Petrofac agreed to acquire stake with Nigeria-based Seven Energy for $100 million. Thomas Cook formed a venture with Russia based Intourist.
Nov 25, 2010 3:22 PM ET
Investors in Europe face rising sovereign debt stress and yields spreads widen as focus shifts to Portugal, Spain and Germany. Belgium banks have a significant exposure in Ireland. French consumer confidence improved in November and German building industry orders declined in September.