Feb 09, 2012 11:41 AM ET
Bunge fourth quarter net dropped to $245 million. Cisco second quarter net surged 44% to $2.2 billion. PepsiCo fourth quarter net increased 4% to $1.42 billion. Thomson Reuters fourth quarter net loss swung to $2.6 billion. Visa first quarter net increased to $1 billion.
Feb 09, 2012 11:22 AM ET
European markets closed ahead of the euro zone finance ministers meeting. Greek parties agreed on the broad points of labor reforms and government spending cuts after all night marathon negotiations as Greek economy descends deeper into recession.
Feb 09, 2012 10:02 AM ET
Japanese stock indexes were nearly unchanged and foreign investors added to stocks for the sixth week in a row. Nissan Motor Co said quarterly operating profit increased 3.6%. Daikin Industries Ltd lowered its annual income outlook.
Feb 09, 2012 8:34 AM ET
Australian stocks eased after China reported a surge in inflation in January. After the close, Rio Tinto said its annual earnings dropped 59% to $5.8 billion after it wrote down its Alcan Aluminum business by $8.9 billion. Tabcorp and News Corp gained on earnings.
Feb 08, 2012 4:26 PM ET
Global markets Struggled as Greek debt negotiations stall with deadline looming and cost of bailout increase. BHP Billiton reported a record revenues and strong earnings of $9.94 billion in the first half on the sustained Chinese demand for iron ore. Caesars Entertainment public offering shots up.
Feb 08, 2012 11:16 AM ET
The UK indexes traded sideways and the UK shop price inflation fell but permanent job hiring rose for the first time in four months in January. Reckitt Benckiser quarterly net soared 26%. Thomas Cook planned to sell stake in India unit.
Feb 08, 2012 10:22 AM ET
CVS fourth quarter income was flat at $1.06 billion and Cognizant fourth quarter net increased to $240 million. Moody’s fourth quarter net dropped to $96.2 million. Ralph Lauren third quarter net was nearly unchanged at $169 million. Time Warner fourth quarter net inched up to $773 million.
Feb 08, 2012 10:07 AM ET
Stocks in Tokyo gained after Toyota Motor estimated 200 billion profit in the current fiscal year. The Nikkei index closed above 9,000 for the first time in three months on the back of a sustained rise in world market indexes.
Feb 08, 2012 10:00 AM ET
The U.S. indexes traded higher on the hopes that Greek negotiations will end as political parties end their differences. U.S. mortgage applications rose 7.5% last week. CVS Caremark, Ralph Lauren and Time Warner reported flat income growth and Sprint Nextel loss widened.
Feb 08, 2012 8:59 AM ET
German exports slumped, and the Danish and Hungarian surplus declined in December. French business sentiment remained stable in January. The National Bank of Poland and Iceland left rates unchanged.