Mar 07, 2011 5:10 AM ET
Stocks in Australia fell on the worries that near three-year record petrol prices will impact economic growth and contribute to inflation. The benchmark indexes dropped 1.4%. A private survey of employment ads in Australia indicated an increase of 1.2% in February.
Mar 05, 2011 6:52 AM ET
U.S. indexes turned negative on Friday after crude oil prices rebounded. U.S. employers added 192,000 jobs in February and private sector added jobs for the 12th month in a row. Factory orders rose at the fastest pace in more than four years. Europe struggles with near record retail price of fuel.
Mar 04, 2011 11:13 AM ET
Genesco fourth quarter net earnings rose to $30.8 million. Hughes quarterly net income in the quarter surged to $16.9 million. Marvell net income in the quarter rose 9% to $222.9 million. Novell reported first quarter net loss of $17.94 million. The Cooper first quarter net income surged 122%
Mar 04, 2011 10:08 AM ET
The UK indexes edged higher after home prices dropped in February and new orders in the construction sector rose in the fourth quarter. WPP net rose 34% reflecting revenue growth. Ocado quarterly gross sales increased 24.7%.
Mar 04, 2011 9:42 AM ET
The European indexes rose after better-than-estimated U.S. jobs data. The ECB President Trichet hinted on a possibility of a rate hike. Spain and Estonia''s industrial production increased in January. KBC Group agreed to sell Centea unit to Crédit Agricole for €527 million.
Mar 04, 2011 9:09 AM ET
U.S. indexes gained after payrolls rose 192,000 and jobless rate fell. The IMF forecasted high food prices on rising demand. Dresser-Rand agreed to acquire Spain-based Grupo Guascor for $690 million.
Mar 04, 2011 6:40 AM ET
Mumbai stocks surrendered earlier gains. Union Cabinet approved the banking reform bill that will increase shareholder voting right proportional to holding and require an approval for a stake higher than 5%. Tata Power plans to increase its generating capacity eightfold in the next seven years.
Mar 04, 2011 6:08 AM ET
China region stocks gained as investors focused on the meeting of lawmakers, bankers and policymakers beginning tomorrow for the next ten days. China is looking to drive economic growth in the next five years through higher consumption.
Mar 04, 2011 5:31 AM ET
Stocks in Tokyo trading closed higher as crude oil eased and positive economic data in the U.S. The yen fell against the euro lifting the export sensitive stocks. Sumitomo Electric Industries soared 8% after it developed cheaper car battery.
Mar 04, 2011 4:49 AM ET
Australian stocks closed higher following the increase in New York and London trading. Fletcher Building extended its offer for Crane by two weeks. Newcrest soared 5% after it doubled the estimate of copper and gold at its mine in Papua New Guinea.