Apr 04, 2012 8:08 AM ET
Australian exports declined 2% in February to $24.4 billion and imports fell 4% to $24.9 billion as consumers and businesses held back purchases. The dollar declined to a two-month low on the prospect of a rate cut next month.
Apr 03, 2012 3:59 PM ET
U.S. stocks declined, bond yield rose and the dollar gained after the latest Fed minutes of meeting showed no commitment for new monetary stimulus. Chrysler led March auto sales as small cars drive the industry sales rebound.
Apr 03, 2012 11:41 AM ET
The UK indexes edged lower and construction sector activity rose to a 21-month high in March. Cairn Energy agreed to buy Norway-based Agora Oil & Gas AS for $450 million.
Apr 03, 2012 11:32 AM ET
Conn’s swung to profit in fourth quarter and increased earnings guidance for fiscal 2013. Molson Coors agreed to buy Eastern Europe focused StarBev L.P for $3.54 billion. Royal Bank of Canada acquired remaining 50% stake of RBC Dexia Investor Services for C$1.1 billion in cash.
Apr 03, 2012 11:18 AM ET
U.S. indexes declined after factory orders rose less than estimated in February. Auto industry is likely to increase its annual sales target of 14 million in the year. Illumina urged shareholders to reject Roche offer. Dell agreed to acquire Clerity Solutions.
Apr 03, 2012 10:16 AM ET
Stocks in Tokyo edged lower and declined in six of the last ten sessions. The yen strengthened to a 3-week high as Japanese multinationals repatriate profits to rebuild domestic operations.
Apr 03, 2012 10:00 AM ET
OECD area inflation remained stable but euro area industrial producer prices rose in February. Spanish unemployment climbed in March.
Apr 03, 2012 9:47 AM ET
The European indexes pared gains on concerns of global economic growth. Spain struggles to contain public debt as jobless rate increased in March. Molson Coors agreed to acquire StarBev for €2.65 billion.
Apr 03, 2012 9:32 AM ET
Australian stocks inched higher in a directionless trading after the central bank left its key lending rate on hold but held out a possible rate cut at its next meeting in a month. Retail sales in February grew at anemic rate highlighting weak consumer spending.
Apr 02, 2012 5:36 PM ET
U.S. stocks extended gains on the first day of the second quarter as the rally as the rally advances to the seventh month. Commodities advanced after manufacturing index gained but construction spending fell. European markets trimmed gains and stocks gained in new financial year in Japan and India.