Jun 19, 2012 7:08 AM ET
Australian stocks edged lower as world investors shift focus to Spain and the gathering of G 20 leaders. IMF is expected to receive more capital from member nations and increase lending to the euro zone. Centro shareholders will see only 60% of $200 million in legal settlement.
Jun 18, 2012 11:21 AM ET
Elster Group SE confirms possible acquisition by Melrose PLC. DSW reiterate 2012 outlook. Fairfax to acquire UK based Brit Insurance for $300 million. Yamuna Gold agreed to acquire Extorre Gold Mines valued $395 million.
Jun 18, 2012 10:11 AM ET
The UK indexes advanced after home prices climbed in June. Irish surplus rose in April. Motorola Solutions agreed to acquire Psion for £129 million. Rolls-Royce signed a contract worth in excess of £1 billion with the UK Ministry of Defence.
Jun 18, 2012 2:23 PM ET
U.S. indexes traded lower as Spanish yields rose to a record high. A pro-bailout party won majority of seats but not enough to form a government in Greece. The closely watched election failed to give majority to any party and the new government is expected to demand for bailout reliefs.
Jun 18, 2012 5:57 AM ET
The European indexes rose after pro-bailout party won elections in Greece. Rising Spanish and Italian yields have dampened investor sentiment. A leading indicator of the French economy fell in April. U.S.-based Molson Coors completed its acquisition of StarBev for €2.65 billion.
Jun 15, 2012 8:53 AM ET
The UK indexes rose and deficit widened and construction output fell in April. Hong Kong Exchange parent agreed to acquire London Metal Exchange for £1.39 billion. Diageo acquired additional 10.6% stake in Vietnam-based Hanoi Liquor.
Jun 15, 2012 8:30 AM ET
Stocks in Japan were flat and the Nikkei index in the week closed up 1.2% and extended gains for the second week in a row. Bank of Japan held its target interest rate and asset purchase program and investors look for a coordinated action from the central banks around the world.
Jun 15, 2012 8:13 AM ET
U.S. indexes futures traded higher after central banks took preemptive steps to thwart liquidity crunch. The Bank of Japan left its key rate unchanged, the Swiss National Bank said it will act to arrest sudden surges in the franc and the Bank of England offered additional liquidity.
Jun 15, 2012 7:51 AM ET
Nervous traders stayed on sidelines as Greek election approach and G20 leaders gather next week to discuss global economy. The Australian dollar drifted back to parity for the first time in six weeks. Echo Entertainment plans to raise $454 million.
Jun 15, 2012 7:28 AM ET
The euro area trade surplus fell and Hungarian production decreased at a faster pace in April. Employment in the euro area declined in the first quarter. European new car registrations extended decline for the second month.