Jul 10, 2012 9:08 AM ET
Australian stocks traded lower for the fourth day in a row after investors focused on the latest imports growth from China. The dollar held firm. IAG said it plans to target markets in India, Indonesia and Malaysia to drive its future growth.
Jul 10, 2012 8:49 AM ET
French, Swedish and the Netherlands output fell in May. Norwegian inflation remained stable but Romanian consumer price index increased in June.
Jul 10, 2012 8:47 AM ET
The euro area finance ministers approved the releasing of €30 billion aid to Spain and the bond yield fell only a fraction from near 7%. Intel said it plans to invest €3.3 billion for a 15% stake in ASML.
Jul 09, 2012 3:47 PM ET
Deputy Governor of the Bank of England Paul Tucker defended his role in the widening Libor scandal investigation but failed to convince skeptics. His weak defense raised more questions about the role of central bankers and regulators at the height of the 2008 crisis.
Jul 09, 2012 4:07 PM ET
Market indexes in New York traded lower ahead of earnings season and weak economic data from China, Japan and the euro zone. Merger deals of at least $7 billion were announced today and commodities staged a slight rebound. German yields turn negative.
Jul 09, 2012 11:23 AM ET
WellPoint, Inc agreed to pay $4.9 billion in cash for Amerigroup to expand its health insurance plans to cover Medicaid business. The offer values the company at 43% premium as the nation prepares to implement healthcare reform.
Jul 09, 2012 10:48 AM ET
WellPoint acquire Amerigroup for $4.9 billion in cash. Thomson Reuters agrees to acquire FX Alliance for $22 per share in cash. Boeing receives order for $7.2 billion from Air Lease Corp. and Raytheon Co. receives order to provide defense vehicles for $636 million from The Boeing.
Jul 09, 2012 10:36 AM ET
The UK indexes slid tracking the market weakness in Europe and staff placements fell at the fastest pace in 3 years. China reported consumer prices fell and Japan said current account surplus declined stoking the fears of worldwide slowdown. Bonds yields of Spain and Italy rose to critical levels.
Jul 09, 2012 10:07 AM ET
U.S. indexes declined as Asian economic data highlight slowing global growth. WellPoint agreed to acquire Amerigroup for $4.9 billion and Campbell Soup agreed to buy Bolthouse Farms for $1.55 billion. Boeing won $7.2 billion worth Air Lease order. Germany sold 6-month bills at negative yields.
Jul 09, 2012 9:24 AM ET
Campbell Soup agreed to acquire packaged fresh vegetable and premium beverages maker Bolthouse Farms for $1.55 billion and said earnings in 2013 will increase between 5 cents and 7 cents a share.