Aug 16, 2012 10:02 AM ET
Zurich Insurance earnings fell 19% and Telekom Austria revenues declined 4.2% in the second quarter. Basilea Pharmaceutica net loss widened and SBM Offshore swung to profit in the first-half.
Aug 16, 2012 9:58 AM ET
The European indexes traded lower awaiting central bank action. German employment rose in the second quarter, the UK retail sales rose unexpectedly and euro zone annual inflation was stable in July. Telekom Austria earnings rose in the second quarter.
Aug 15, 2012 4:22 PM ET
U.S. markets traded sideways and Industrial output increased in July but manufacturing index fell in New York region. European markets eased and gold, copper and oil traded higher. Asian markets were flat and Shanghai index fell 1.1%. Markets in India were closed to celebrate Independence Day.
Aug 15, 2012 1:52 PM ET
Stocks in Tokyo eased and steel makers led the decliners on the worries that the demand from China was waning. Gree Inc, the social gaming site operator dropped 7% after estimating lower than expected annual outlook.
Aug 15, 2012 12:51 PM ET
Australian investors sought the safety in local economy oriented companies. Commonwealth Bank reported record $7 billion profit for the year ending in June. OZ Minerals dropped 7% after it reported rising profits but operating costs rose more than expected.
Aug 15, 2012 10:45 AM ET
Deere third quarter net jumped 11% and provides fiscal outlook. KIT digital said second quarter net loss widened to $151.1 million and Staples plunged 31.8%. Carlyle Group acquired Getty Images for $3.3 billion. Target said second quarter net flat.
Aug 15, 2012 10:38 AM ET
U.S. indexes dropped after consumer prices remained unchanged in July. Carlyle agreed to acquire Getty Images for $3.3 billion. Global Payments agreed to buy Accelerated Payment for $413 million in cash. Abercrombie quarterly net fell but Deere earnings rose.
Aug 15, 2012 10:22 AM ET
Balfour Beatty first-half revenue rose 6% but Eurasian Natural Resources pre-tax profit plunged 59%. Hennes & Mauritz total July sales increased 11%. Carlsberg second quarter net revenue improved 5%.
Aug 15, 2012 10:17 AM ET
The European indexes edged lower in weak trading across the region. The UK jobless claimant count fell unexpectedly in July. Hungarian production eased in June. Lloyds Banking agreed to sell a portfolio of private equity investments for £1.03 billion.
Aug 14, 2012 4:00 PM ET
U.S. stocks gained after retail sales increased the most in four months. However, euro zone economies struggled in the second quarter. In trading, Internet stocks were in focus after Groupon plunged 23% and Yelp, Angies List and Facebook extended losses. New York settles Standard Chartered probe.