Aug 15, 2011 8:33 AM ET
Stocks in Japan surged the most in six weeks after the government said the economy shrank at a slower pace than expected in the latest quarter. Exporters and auto makers gained after finance ministry indicated more steps to weaken the yen.
Aug 15, 2011 7:53 AM ET
German factory employment climbed but Swedish industrial output fell in June. Denmark factory prices rose, Czech producer price inflation eased, and Swiss producer and import price index declined in July.
Aug 15, 2011 7:31 AM ET
European indexes edged higher after a tumultuous last week on optimism of global economic recovery. The Italian cabinet approved €45 billion austerity plan. Transocean agreed to acquire Norway-based Aker Drilling for $1.43 billion.
Aug 15, 2011 11:18 AM ET
The benchmark indexes in Australia soared 2.6% after investors snapped up resources linked companies. Newcrest Mining reported a sharp jump in net income and guided 12% higher earnings per share in the current fiscal year.
Aug 15, 2011 2:37 AM ET
The automotive aftermarket parts retailer total quarterly sales increased 4.4% to $1.48 billion on comparable store sales gain of 2.5%. Net income rose 12% to $113.1 million in the quarter. Earnings per share grew to $1.46 from $1.16 per share a year-ago quarter.
Aug 12, 2011 8:23 AM ET
The U.S. indexes jumped higher for the second day in a row after a turbulent week that saw indexes bounce up and down over 4%. For the week, the S&P 500 index fell 1.7%, declined 9% in the month and dropped 6% in the year so far.
Aug 12, 2011 11:22 AM ET
DeVry fourth quarter net income increased 5% to $75.2 million. J. C. Penney reported second quarter net income flat to $14 million. Nordstrom second quarter net income increased 20% to $175 million. Nvidia second quarter net income rose to $151.6 million.
Aug 12, 2011 10:34 AM ET
The UK indexes rose led by banks. Normality returned in the UK after four days of arson and looting. France, Italy, Spain and Belgium banned short-selling of financial stocks. The UK construction output grew 2.3% in the second quarter, more than the initial estimate.
Aug 12, 2011 10:01 AM ET
U.S. indexes gained after retail sales rose 0.5% in July. France, Italy, Spain and Belgium banned short-selling of financial stocks. The French economy recorded zero growth in the second quarter. The EU/IMF approved €11.5 billion aid to Portugal.
Aug 12, 2011 8:13 AM ET
Stocks in Japan fell and the Nikkei index dropped 3.6% after a volatile week of trading. The government lowered its economic outlook in the current year to 0.5% from 1.5% on the persistent supply chain and production problems after the earthquake and power shortage. Banks are down 20% in the year.