Dec 03, 2010 10:23 AM ET
The European indexes pared gains as the euro-zone private sector activity and retail sale improved. The Bundesbank reiterated that German economic recovery is on track. German services PMI rose in November. French service sector growth accelerated in November.
Dec 03, 2010 9:35 AM ET
U.S. stocks declined in the early trading after employers added less than anticipated staff in November. Pending home sales soared in October. Walter Energy and Western Coal in C$3.3 billion merger deal. Sunoco agreed to sell Toledo Refinery for $400 million.
Dec 03, 2010 8:03 AM ET
The benchmark index Sensex declined after rising more than 3% in the last four sessions. Auto sales rose in November on the strength in small car sales. Maruti Suzuki unit sales surged 28% and Mahindra and Mahindra sales rose 18%.
Dec 03, 2010 6:01 AM ET
Shanghai stocks traded lower and closed nearly unchanged and lost 1% in the week. Gold imports in the first ten months soared five-fold. China plans a shift in monetary policy stance in 2011 to contain inflation. GM, the first global automaker, sold 2 million cars in a year in China.
Dec 03, 2010 5:51 AM ET
Stocks in Japan closed higher after U.S. retail chain stores sales surged in November and home sales index increased. European Central Bank also stepped up buying of bonds of weak economies. Finance minister propose to revise taxes on dividend and capital gains from 2012.
Dec 03, 2010 5:30 AM ET
Australian shares closed marginally up. Rio Tinto and Chinalco agreed to form a joint venture to explore new deposits in China. November auto sales rise 1.8% in Australia. Western Australia approves a bill allowing BHP and Rio Tinto for further expansions in the state with a one-time payment of A$350 million.
Dec 02, 2010 4:40 PM ET
U.S. stocks closed higher after same store sales rose more than expected in November. European markets closed higher after the ECB stepped up bonds buying and Spain completed the sale of €2.5 billion at a higher yield. Crude oil and copper closed higher.
Dec 02, 2010 11:40 AM ET
Costco said November comparable sales rose 9%. General Motors vehicle sales increased 11.4%. Kroger third quarter total sales soared 5.9% to $18.7 billion. Toll Brothers fourth quarter revenues declined 17.2% to $402.6 million.
Dec 02, 2010 11:04 AM ET
The UK indexes rose after construction activity slowed in November. GlaxoSmithKline inched closer to acquire China-based Nanjing MeiRui Pharma. TUI Travel annual loss widened 65% as sales declined 3.2%.
Dec 02, 2010 10:30 AM ET
The European indexes traded sideways after the European Central Bank retained liquidity measures and held key rate at 1%. Spain successfully raised nearly €2.5 billion selling 3-year bonds. Euro area third quarter GDP expanded 1.9% and Swiss GDP rose 2.8% from a year ago.