Apr 02, 2012 12:35 PM ET
The UK indexes soared after manufacturing activity and business sentiment rose in March and housing equity injections remained unchanged in the fourth quarter. GlaxoSmithKline increased its stake in U.S.-based Theravance.
Apr 02, 2012 12:26 PM ET
Avon Products rejected $10 billion cash offer from a privately held Coty. The perfume seller said it does not want to proceed if Avon rejects its friendly overtures but pressured the company to open its books that may lead to a higher offer.
Apr 02, 2012 12:01 PM ET
U.S. indexes rebounded after manufacturing sector activity rose in March. U.S. construction spending fell in February. Avon rebuffed $10 billion Coty takeover offer. Dow Chemical to cut 900 jobs worldwide.
Apr 02, 2012 11:35 AM ET
Avon rejected $10 billion offer from Coty. Glaxo raised its stake in Theravance. Global Payments third quarter net soared 21% and lifted full year revenue guidance. Groupon revised fourth quarter guidance. Express Scripts completed acquisition of Medco Health for $29.1 billion.
Apr 02, 2012 10:42 AM ET
Jobless rate in the euro area climbed, Danish retail sales fell and Swiss retail turnover growth eased in February. Manufacturing output contracted across the euro-zone in March.
Apr 02, 2012 10:23 AM ET
The European indexes lost early momentum after unemployment rose in February. Privately held cosmetic maker Coty offered to acquire U.S. based Avon Products for $10 billion. Barry Callebaut first-half net declined.
Apr 02, 2012 9:03 AM ET
Stocks on the first day of a new financial year gained after investors shifted focus to opportunities linked to Japan reconstruction. The latest survey of big manufacturers showed no change in sentiment in the first quarter but automakers said sentiment improved for the third month in a row.
Apr 02, 2012 8:39 AM ET
Australian stocks edged lower after residential building approvals declined 7.8% in February from January but home prices inched higher in large cities.