Feb 02, 2011 3:38 PM ET
European markets closed mixed with a lower bias after several Scandinavian companies reported earnings misses. Atlas Copco, Scania and Sandvik fell on lower than expected results. BMW said U.S. sales rose 21% and Mercedes-Benz U.S. sales rose 11%.
Feb 02, 2011 9:44 AM ET
U.S. stocks struggled in early trading after private sector added 187,000 jobs in January. Services added 166,000 jobs. U.S. auto sales in January increased 17%. AOL, IAC/InterActiveCorp and The Nasdaq OMX Group earnings rose.
Feb 02, 2011 6:52 AM ET
Stocks in Mumbai bounced off from the lows on higher auto sales and rising corporate profits but investors worries that elevated commodities prices and inflation may hobble future earnings. Jet Air net rose 12% and Bajaj Auto unit sales rose 18%.
Feb 02, 2011 6:25 AM ET
Bajaj Auto declined after January sales rose 18% to 313,583 units. Hero Honda plunged 5% after third quarter net profit declined 20%. NMDC third quarter net profit soared 81.4%.
Feb 02, 2011 6:16 AM ET
Stocks in Tokyo gained more than 1.5% for the second day in a row as companies report better than expected earnings. Resource linked stocks gained after copper and nickel trade higher. Nomura, Casio, NTT Data report higher earnings. Toyota, Nissan and Honda U.S. auto sales increase more than 13%.
Feb 02, 2011 5:47 AM ET
Australian stocks closed higher as metals and crude oil prices rise in international markets. Insurers face another round of losses as Cyclone Yasi approach eastern shores. Copper, tin and nickel surged as mines in Queensland shutdown.
Feb 01, 2011 4:00 PM ET
U.S. indexes surged more than 1.5% after manufacturing expanded at the fastest pace in six years on domestic demand. World markets surged. General Motors sales in January soared 22%, Ford sales gained 9.2% and Chrysler sales surged 23%. Record close in copper.
Feb 01, 2011 12:19 PM ET
Cummins fourth quarter net sales soared 22% to $4.14 billion. Exxon Mobil fourth quarter total revenue surged to $105.19 billion. Pfizer fourth quarter revenues increased 6% to $17.5 billion. United Parcel fourth quarter revenues increased 8.4% to $13.42 billion.
Feb 01, 2011 11:08 AM ET
UK stocks surged as manufacturing expanded at a faster pace and consumer confidence fell. The resource heavy benchmark index closed higher and oil reached 2-year high. UK Mortgage approvals declined in December and home prices edged lower in January. Ocado Group Plc reported first quarterly profit.
Feb 01, 2011 10:25 AM ET
European indexes rebounded sharply after the release of manufacturing index in the region. Germany also reported lowest unemployment in eighteen years and commodities prices traded higher. Deutsche Bank AG said fourth quarter net declined 54% on two acquisitions costs.