Jul 26, 2012 9:39 AM ET
Banco Santander quarterly net plunged 93% and PUMA earnings fell 29%. BASF confirmed its outlook for growth in fiscal 2012. Unilever first-half revenues increased 11.5%.
Jul 26, 2012 9:34 AM ET
The European indexes fell on the speculation that Greece may not meet its deficit target. Moody''s changed outlook on 17 German banking groups to negative. Italy sold €2.5 billion of zero-coupon bonds at higher yields. Alcatel-Lucent planned to cut 5,000 jobs.
Jul 25, 2012 2:32 AM ET
U.S. stocks turned negative in a choppy session. Technology stocks were weak after a decline in Apple and Netflix. New home sales dropped at 8.4% annual rate in June. Outlook in Europe darkened after UK reported deeper than expected economic decline.
Jul 25, 2012 11:11 AM ET
Boeing second quarter revenue surge 21% and net rose 3% and backlog was valued at $302 billion. Caterpillar net jumped 67% and lifted fiscal outlook and ConocoPhillips second quarter net declined 33% on spin-off and weak oil prices. Ford second quarter net plunged 57%.
Jul 25, 2012 11:09 AM ET
Stocks in Tokyo traded lower and the Nikkei index fell to its lowest in the year. The index is down 1.1% in the year so far on the worries that a new round of economic stimulus in the U.S. may strengthen the yen. Tech stocks declined after Apple earnings were below expectations.
Jul 25, 2012 11:08 AM ET
ACE second quarter net tumbled 44.8% and Bristol-Myers declined 28% on patent expiration. Eli Lilly second quarter tumbled 23% and lifted fiscal guidance. General Dynamics net fall and revised lower outlook.
Jul 25, 2012 10:32 AM ET
Australian indexes declined as China was added to the list of worries in the euro zone. The dollar eased and resources linked companies traded lower. The latest data on the June quarter inflation showed a decline in core inflation.
Jul 25, 2012 10:09 AM ET
The European indexes traded higher and German business confidence fell more than estimated in July. The UK economy contracted in the second quarter. Cheung Kong led consortium agreed to buy MGN Gas Networks for $1 billion.
Jul 25, 2012 10:04 AM ET
U.S. indexes traded sideways after Apple Inc missed earnings forecast. Ford and PepsiCo reported quarterly declines in earnings but Boeing net rose 3% in the quarter.
Jul 24, 2012 4:48 PM ET
Apple Inc dropped as much as 6% in aftermarket trading after it reported lower than expected earnings. Netflix plunged 14% after it estimated a quarterly loss.