Feb 03, 2011 11:14 AM ET
Cardinal Health second quarter revenue gained 2%. CVS Caremark fourth quarter net revenue decreased 4.1% to $24.8 billion. MasterCard fourth quarter net revenues increased 10.7% to $1.4 billion. Viacom first quarter revenue decreased 5% to $3.8 billion. YUM Brands fourth quarter revenue surged 6%.
Feb 03, 2011 10:27 AM ET
European markets edged lower as crude oil prices rose to a 2-year high. Copper and zinc and aluminum traded higher. Royal Dutch Shell earnings miss dragged markets in Holland and in UK. Mercedes-Benz vehicles in January rose 23% to 82,700.
Feb 03, 2011 9:46 AM ET
U.S. stocks traded sideways as crude oil climbs to a 2-year high and copper and cotton surge. Commodities markets turn jittery for the third day as popular unrest in the Middle East spread to Yemen. Visa, News Corp, Royal Dutch Shell and Hermes earnings rise. MasterCard quarterly net soared 41%.
Feb 03, 2011 6:51 AM ET
Stocks in Mumbai surged tracking gains in international markets but elevated inflation tempered the surge. Food prices rose 17.05% and fuel prices increased 11% as demand run ahead of supplies. Ashok Leyland unit sales declined 2% in January.
Feb 03, 2011 6:25 AM ET
Ashok Leyland January total sales fell 2% to 7,711 units. Great Offshore quarterly net profit slumped 96%. GlaxoSmithKline third quarter net profit surged 58%. National Aluminium increased prices by 5%. Voltas Limited third quarter net profit declined 7%.
Feb 03, 2011 6:22 AM ET
Two largest steelmakers in Japan, Nippon Steel Corp and Sumitomo Metal Industries Ltd agreed to merge to form the second largest global steel maker. Rising input prices played a role in the merger. Mitsubishi UFJ Financial said nine-month net rose. Sony Corp third quarter revenues declined 1.4%.
Feb 03, 2011 5:36 PM ET
Australian stocks closed higher as Cyclone Yasi makes its way inlands in North Queensland. Homes, power lines and trees are flattened as the powerful storm covers a vast area. Tabcorp earnings rose 2.9% and declared dividend of 24 cents.
Feb 02, 2011 4:26 PM ET
U.S. stocks were lackluster after a strong finish yesterday as events in Middle East overshadowed earnings parade. European indexes traded sideways as crude oil and copper and silver traded near their highs. Electronic Arts rose on forecast and Time Warner gained on 22% rise in earnings.
Feb 02, 2011 12:29 PM ET
AOL revenues decreased 26% to $596.0 million. Broadcom revenues increased 45% to $1.95 billion. Time Warner fourth quarter total revenues increased 8% to $7.8 billion. Whirlpool reported fourth quarter total sales increased 4% to $5.0 billion.
Feb 02, 2011 12:16 PM ET
UK stocks led the European markets as resource heavy index gained more than 0.5%. UK construction activity rebounded in January after a weather-related slowdown in December. Imperial Tobacco quarterly sales rose 5% and ICAP Plc guidance met market estimate.