Mar 19, 2012 12:31 PM ET
U.S. stocks were flat and commodities were on the rise. Home builder confidence was steady in March after rising for five months in a row but and was at its highest since June 2007. U.S. sold off the final tranche of mortgage securities it purchased to save Fannie and Freddie during the 2008 crisis.
Mar 19, 2012 11:17 AM ET
Stocks in Tokyo advanced for the fifth day in a row and the yen struggled near 11-month low. Utilities were in focus after Osaka City is said to demand Kansai Electric to shutdown all 11 nuclear power plants. Marubeni is in a deal buy wind power engineering company.
Mar 19, 2012 10:45 AM ET
AboveNet agreed to be acquired by Zayo Group for $2.2 billion. Hastings Entertainment fourth quarter net loss swung to $8.4 million and InterOil Corp. fourth quarter net income swung to $13.2 million. United Parcel Service agreed to acquire TNT Express N.V. for $6.8 billion in cash.
Mar 19, 2012 10:28 AM ET
Australian markets advanced on the rising commodities prices and comments from the IMF chief. David Jones halted stock ahead of the strategic review. Qantas unions campaign to save jobs at three aircraft maintenance facilities.
Mar 19, 2012 9:29 AM ET
European indexes edged lower on global economic worries and the euro area construction output fell in January but UK home prices rose in March. UPS agreed to acquire TNT Express in $6.77 billion cash.
Mar 16, 2012 4:28 PM ET
U.S. indexes were little changed and the Nasdaq extended weekly gain to a new high in the last twelve years. Global indexes closed at a 30-week high. The crude oil price in the last three months contributed to the gain in consumer prices. India plans to increase 18% spending in the next fiscal year.
Mar 16, 2012 12:57 PM ET
Finance Minister Pranab Mukherjee unveiled central government budget for the next fiscal year that will increase government spending by 18%, raise government borrowings by 7% and proposes to retroactively tax overseas mergers that involve Indian assets.
Mar 16, 2012 11:58 AM ET
ATP Oil & Gas revenue increased production volumes and higher oil prices. Dole Food rose after higher volume of sales. Excel Maritime reports profitable quarter. J. Alexander’s lifted 2012 outlook. Steel Dynamics lowered its first quarter earnings expectation.
Mar 16, 2012 11:09 AM ET
U.S. stocks wavered in early trading after consumer price index increased 0.4% in February and confidence edged lower in March. Bank stocks were in focus after investors reassessed the data from the latest stress tests from the Fed. Crude oil prices rose and Treasuries edged lower.
Mar 16, 2012 10:27 AM ET
Stocks in Tokyo rallied for the fourth day in a row as the yen hovered near the 11-month low. Freight shipping companies gained after the rate index jumped and automotive tire makers declined after the natural rubber industry association forecasted a shortage.