Apr 18, 2012 8:43 AM ET
Euro area current account swung to deficit and production fell in February. Swedish central bank held rate and Swiss economic sentiment improved in April.
Apr 17, 2012 12:00 PM ET
IBM agreed to sell its point-of-sale business to Toshiba Tec for $850 Mn. J&J first quarter net soared 12.5% to $3.9 billion and raise fiscal earnings per share outlook. Goldman Sachs first quarter net surged 128% to $2.1 billion. W.W. Grainger, Inc. first quarter net soared 19% and raises outlook.
Apr 17, 2012 10:57 AM ET
Stocks in Japan fell on international worries for the second day in a row. Toshiba Tec agreed to acquire point-of-sale business from IBM for $850 million. Olympus Corp fell after two executives are said to retain jobs after stepping down the company board.
Apr 17, 2012 10:54 AM ET
Australian indexes traded lower after Rio Tinto reported sharply lower production at its copper and iron ore mines. Market sentiment was also weaker after China reported a decline in foreign direct investment.
Apr 17, 2012 9:49 AM ET
U.S. indexes gained after the IMF lifted global growth outlook for this year and housing starts fell in March. IBM agreed to sell Retail Store Solutions business to Toshiba for about $850 million. Fanatics agreed to acquire Dreams for $183 million.
Apr 17, 2012 8:25 AM ET
The European indexes rose after Spain raised €3.18 billion in debt auction and German sentiment improved to a two-year high in April. UK annual inflation rose in March. Repsol slumped after Argentina nationalized energy company YPF SA.
Apr 16, 2012 4:06 PM ET
U.S. stocks rebounded after retail sales were ahead of expectations in March. Treasury yields turned negative after adjusting for inflation. World Bank appointed another American as a head following the tradition of seventy years over objections from fast developing nations.
Apr 16, 2012 11:49 AM ET
Citigroup first quarter net dropped 2% to $2.9 billion but improving economic outlook helped revenues by 2%. Gannett first quarter net declined 24.6% on advertising revenues. M&T Bank first quarter net fell to $206.5 million. Mattel net tumbled 53%. Stratasys soar on first quarter outlook.
Apr 16, 2012 11:41 AM ET
The UK indexes fell after home prices rose to record levels in April and mortgage lending climbed in February. Stocks were volatile after Spanish bond yields and credit default rose to a new high for the year.
Apr 16, 2012 11:26 AM ET
The benchmark Nikkie index plunged the most in last two weeks as international worries dominated trading sentiment. Investors focused on the record Spanish bond yields and Korea lowered its growth estimate in the current year.