Feb 21, 2011 11:55 AM ET
Stocks in Japan advanced as tensions in the Mideast rise and central bankers and finance ministers struggle to devise scorecard to prevent next financial crisis. Stocks in Tokyo rose for the sixth day in a row. Softbank led the gainers after its China social networking affiliate plan a listing.
Feb 21, 2011 4:27 AM ET
Stocks in Australia traded lower on the rising tensions in the Middle East and China increase reserve requirements. West Australia agreed to acquire Seven Group for $4.1 billion to create the largest locally based media company. Woodside net rose and BlueScope net loss doubled.
Feb 18, 2011 4:02 PM ET
U.S. stocks closed higher for the third week in a row in a muted trading. Oil traded up after the Middle East unrest spreads to oil producing nations and bankers and finance ministers from G20 group of nations meet in Paris. Spain offers six more months to savings banks to raise capital or merge.
Feb 18, 2011 11:50 AM ET
Apache fourth quarter net income soared $670 million. Campbell second quarter net earnings fell 8% to $239 million. EOG Resources fourth quarter net income plunged 87% to $53.7 million. Nordstrom quarterly net income rose 35% to $232 million. Revlon fourth quarter net income rose to $296.2 million.
Feb 18, 2011 10:27 AM ET
The UK indexes declined after mortgage lending plunged and retail sales exceeded expectations in January. The BoE Governor King reiterated that tackling global imbalances is the key for economic recovery. Anglo American profit surges and Rentokil swings to loss.
Feb 18, 2011 11:51 AM ET
The European indexes fell and Spain bowed to the pressures from savings banks. A rating agency lowered German banks subordinated debt and Euro-zone consumer confidence improved. German factory price inflation rose to a 2-year high. Spain offered more time to ailing savings banks to raise capital.
Feb 18, 2011 9:10 AM ET
U.S. indexes traded lower after China unexpectedly hiked the reserve requirement ratio. G20 nations finance ministers meet in Paris with Portugal and global economic imbalances in focus. Nordstrom agreed to buy HauteLook for as much as $180 million. Ford in a venture with Russia-based Sollers.
Feb 18, 2011 6:43 AM ET
The benchmark Sensex index declined 1.6% after rising more than 4.5% in five days. The rally came to an abrupt halt as telecom license probe widen. Hindustan Lever led gainers in the index and telecom stocks Bharti Airtel and Reliance Communications declined.
Feb 18, 2011 6:21 AM ET
Bank of Maharashtra soared 5% after Government of India decided to inject $70 million. FAG Bearings gained 3% after net profit increased 105%. Thomas Cook tumbled 8% after net declined 40%.
Feb 18, 2011 6:10 AM ET
Stocks in China fell after real estate prices increased in January from December. The persistent increase in prices stock speculation that another round of bank reserve ratios may start as early as next week. Agriculture stocks fell on the worries that drought may extend till the February.