Jul 31, 2012 4:51 PM ET
U.S. indexes closed down 0.4% and traded sideways ahead of the Fed decision tomorrow. Earnings release pace accelerated in the U.S., Europe, Japan and India.
Jul 31, 2012 11:44 AM ET
Arrow Electronics second quarter net plunged 26.7% and Fiserv fourth quarter net surged 118% to $161 million. NiSource second quarter net surged 73% and Tyco International third quarter net declined 33% to $242 million.
Jul 31, 2012 11:19 AM ET
Aetna second quarter net declined 15% to $457.6 million. BP plc swung to a quarterly loss and Coach fourth quarter net soared 24%. Humana net slipped 22.6% and Marathon Petroleum net soared 34%. Pfizer second quarter net surged 25% to $3.25 billion.
Jul 31, 2012 10:47 AM ET
Japanese investors faced a barrage of earnings from 270 companies. Panasonic reported seven-fold increase in operating income and Mitsui O.S.K. guided first half operating profit. Mitsubishi Electric earnings were ahead of expectations and Horikuku net jumped 58%.
Jul 31, 2012 10:15 AM ET
Australian stocks extended gains for the fourth day in a row and the benchmark ASX 200 index added 4.3% in the month. The dollar edged higher. Breville Group gained after it estimated full-year earnings growth of 40%.
Jul 31, 2012 9:52 AM ET
U.S. indexes rose after better-than-estimated corporate earnings. Home price index declined 0.7% in May and U.S. personal income rose more than estimated in June. Valero, U.S. Steel, Cummins and Pfizer gained on better than expected earnings.
Jul 31, 2012 9:14 AM ET
Bayer, Deutsche, and UBS second quarter profit slumped. BP and Metro swung to quarterly loss. EDF first-half earnings rose.
Jul 31, 2012 9:08 AM ET
The European indexes edged lower after unemployment in the region stayed near record high for the second month in a row and UBS, Deutsche Bank and Bayer reported large decline in earnings. Retail sales in Spain fell.
Jul 30, 2012 4:02 PM ET
Global investors remained focused on the euro, Spain and Greece. European Central Bank and rescue fund are expected to announce decisive measures to purchase bonds of Italy and Spain as more leaders in the region lift hopes. Euro, oil and gold eased.
Jul 30, 2012 10:42 AM ET
Chicago Bridge & Iron agreed to buy Shaw Group for $3.04 billion. CNA Financial second quarter net soared 34% and Franklin Resources third quarter net dropped 10% to $455.3 million. Loews second quarter net plunged 78%.