Mar 12, 2012 9:09 AM ET
Germany sold €3.493 billion of debt at lower borrowing costs and the Italian economy entered a recession in the fourth quarter. Spanish registered home sales slumped, Danish surplus soared and Greek output fell in January.
Mar 09, 2012 4:29 PM ET
U.S. stocks advanced and broader indexes are set to extend gains for the fourth week in a row. Greece’s landmark bond swap deal with 86% participation triggered $3 billion in credit default swaps. China’s inflation eased to a 20-month low.
Mar 09, 2012 10:52 AM ET
ANN fourth quarter net slumped to $2.18 million. Aeropostale fourth quarter net declined to $26.1 million. Hibbett Sports fourth quarter net soared 27% to $15.8 million. Texas Instruments lowered its first quarter revenue expectations.
Mar 09, 2012 10:41 AM ET
The UK indexes climbed after Greece attracted 86% participation in debt swap. The UK construction output fell in January and production and orders improved in the first quarter. LSE agreed to acquire a majority stake in LCH.Clearnet for £386 million.
Mar 09, 2012 9:55 AM ET
Stocks in Tokyo advanced for the second day in a row after China reported easing of inflation and Greece debt swap attracted higher than expected participation. Steelmakers and infrastructure stocks led the gainers. The yen traded near 9-month high.
Mar 09, 2012 9:41 AM ET
U.S. and global indexes rose after Greece completed the landmark bond swap deal. The U.S. trade deficit widened in January and payrolls rose in February. Molycorp agreed to buy Canada-based Neo Material in $1.3 billion deal. Boston Scientific agreed to buy Cameron Health for nearly $1.35 billion.
Mar 09, 2012 9:23 AM ET
The current account balance in Australia swung to a deficit of $673 million on weaker than expected exports. Insurer Australia Group said it plans to cut 600 jobs in the next three years. Qantas dropped its plan to set up a premium airline in Asia.
Mar 09, 2012 8:36 AM ET
German annual inflation increased but Greek inflation eased in February. German manufacturing index increased 0.4% in January. The Portuguese and Greek economy contracted in the fourth quarter. French production rose but Italian output and Spanish retail sales fell in January.
Mar 09, 2012 8:26 AM ET
European indexes edged slightly higher after Greece successfully completed the bond swap deal that attracted nearly 86% of its private bond holders. Linde soared 5% after reporting record annual results in fiscal 2011.
Mar 08, 2012 4:11 PM ET
U.S. indexes advanced following the gains in the European markets after Greek debt swap participation rate increased to 80% ahead of the this evening deadline. Commodities rebounded. U.S. indexes extended gains to 1.8% in the last two days.