Feb 24, 2012 10:00 AM ET
The UK indexes edged higher after gross domestic product contracted 0.2% and business investment declined in the fourth quarter. The UK services index rose in December.
Feb 24, 2012 9:35 AM ET
The U.S. indexes advanced ahead of key domestic economic data. P&G planned to cut 5,700 jobs aimed at cost savings of $10 billion by 2016. Dell agreed to acquire AppAssure. Citigroup sold its 9.85% stake in India-based Housing Development Finance Corp. for $1.9 billion.
Feb 24, 2012 7:36 AM ET
The German economy contracted in the fourth quarter. Eurocoin indicator rose and French consumer confidence improved in February. Spanish producer price inflation eased in January.
Feb 24, 2012 7:05 AM ET
The European indexes gained on strong earnings. The Greek parliament approved the debt swap deal with its private creditors. Italy sold €3 billion of zero-coupon bonds at lower yields. BASF quarterly sales and net rose.
Feb 23, 2012 11:13 AM ET
American Tower fourth quarter net surged 141% to $201.3 million. Express Scripts fourth quarter net slumped to $290.4 million. Kohl’s fourth quarter net slipped to $455 million. Sears Holdings fourth quarter net loss swung to $2.40 billion. Target fourth quarter net increased 5.2% to $981 million.
Feb 23, 2012 10:30 AM ET
The UK indexes climbed after manufacturers estimated output to grow over the coming three months. The UK mortgage approvals and Irish consumer price index increased in January. British American Tobacco fiscal year 2011 net and revenue rose.
Feb 23, 2012 9:35 AM ET
The U.S. indexes edged higher after weekly jobless claims remained unchanged at 351,000. Sears agreed to sell eleven stores to General Growth Properties for $270 million and planned a rights offering to raise nearly $400 million to $500 million.
Feb 23, 2012 8:15 AM ET
German business confidence improved more than estimated in February. Spanish home mortgages slumped and consumer spending in the Netherlands eased in December.
Feb 23, 2012 7:30 AM ET
The European Commission said the euro area is likely to see a mild recession. German business sentiment improved more than estimated in February. Allianz, Crédit Agricole, and Dexia reported disappointing earnings.
Feb 22, 2012 8:39 AM ET
World markets traded declined from the recent highs and the U.S. stocks edged lower from a 4-year high after home sales increase was less than expected. Oil gained for the second day in a row.