Jan 10, 2012 4:44 PM ET
U.S. stocks traded higher and indexes hovered near 5-month high as earnings optimism lifted broader indexes. Banks in Europe were in focus as several banks prepare to raise capital to meet revised capital guidelines. Tiffany dropped more than 10% after it lowered annual outlook.
Jan 10, 2012 10:25 AM ET
Alcoa fourth quarter net swung to $191 million. Corus Entertainment first quarter net rose to $52.7 million. DSW raised its annual diluted earnings per share outlook and Jones Group cut its fourth quarter revenue outlook. WD-40 first quarter net declined 25%.
Jan 10, 2012 10:16 AM ET
The UK indexes traded higher after banking and mining stocks rose and retail sales improved but home prices continued to fall in December. Irish manufacturing output declined in November.
Jan 10, 2012 4:58 PM ET
The U.S. indexes gained on the earnings optimism and Alcoa kicked off earnings season with a loss. Banks were in focus ahead of earnings next week. Chinese trade surplus increased to $16.5 billion in December.
Jan 10, 2012 9:51 AM ET
Stocks in Tokyo traded higher on the first day of trading after a 3-day weekend. Resources linked stocks traded higher but banks and insurance stocks faced headwinds. The yen rose to a 11-year high against the euro.
Jan 10, 2012 8:25 AM ET
Manufacturing turnover in Germany eased, French industrial production rose, but retail sales in Denmark decreased in November. Swedish December budget deficit was lower than estimated by the debt office.
Jan 10, 2012 7:59 AM ET
Australian stocks advanced on the earnings optimism in the resource sector and residential buildings approvals increased 8.4% in November. Pacific Brands soared 14% after it received unsolicited takeover offer from the U.S. based leveraged buyout firm KKR.
Jan 10, 2012 7:47 AM ET
European markets traded higher on the positive earnings outlook in the resource sector but UniCredit SpA struggled to raise capital. The Netherlands raised €3.1 billion in bond sale. Air Products agreed to sell its homecare business to Linde AG for €590 million.
Jan 09, 2012 4:03 PM ET
U.S. stocks traded retained mild positive tone ahead of the start of the earnings season and European leaders staged yet another round of meetings to discuss debt crisis in the region. Swiss central bank resigned after a public outcry over his private currency trades.
Jan 09, 2012 10:26 AM ET
Acuity Brands first quarter net increased 23% to $29.9 million. Bristol-Myers Squibb acquired Inhibitex for $26 per share. Motorola Mobility estimates fourth quarter sales of $3.4 billion. Schnitzer Steel said first quarter net tumbled to $7 million.