Aug 21, 2012 9:58 AM ET
The European indexes gained and Spain sold €4.5 billion of short-term debt at lower yields. German leading economic index decreased in June. The UK public sector net borrowing increased in July. Glencore earnings declined on lower commodity prices.
Aug 20, 2012 4:17 PM ET
U.S. stocks traded sideways after investors turned cautious on stretched valuations. European leaders kicked off another round of talks to renegotiate Greek bailout terms and the distribution process for Spain. Retail gasoline prices gained as summer demand stayed near peak.
Aug 20, 2012 11:26 AM ET
Stocks in Japan traded mixed and domestic economy linked companies were favoured in thin trading. Home prices in China gained, dashing any hopes of additional government stimulus. The discount retailer Don Quijote surged 5% on higher estimated earnings.
Aug 20, 2012 10:42 AM ET
Australian stocks closed lower and investors focused on defensive stocks ahead of meetings of European leaders later in the week. Telstra and CBA traded ex-dividend. Bendigo and Adelaide Bank said annual net dropped 43%.
Aug 20, 2012 10:46 AM ET
Aetna agreed to buy Coventry Health for $5.7 billion and FMC Technologies agreed to acquire Pure Energy for C$282 million. Kinder Morgan said it sold natural gas pipe networks and facilities for $3.3 billion. Lowe''s declined on weak outlook.
Aug 20, 2012 10:12 AM ET
On merger Monday, Aetna agreed to acquire Coventry Health Care for $7.3 billion, including debt. FMC agreed to buy Pure Energy Services for $285 million. Kinder Morgan Energy Partners agreed to sell its Rockies assets for $3.3 billion.
Aug 20, 2012 10:11 AM ET
The European indexes rose and the ECB may set yield limits for sovereign bonds. Construction output in the euro zone fell in June. UK home prices slumped in August. Heineken raised its offer to acquire Fraser & Neave''s stake in Asia Pacific Breweries.
Aug 17, 2012 4:50 PM ET
U.S. indexes extended gains for the sixth week in a row on improving consumer confidence and economic conditions. S&P 500 index is up 12.8% in the year and the Nasdaq Composite is up 17%. Facebook, Groupon and Zynga dropped to new lows after more stocks are available for trading.
Aug 17, 2012 11:56 AM ET
The Nikkei index gained more than 3% for the second week in a row after investors covered short positions and the yen weakened. Japan Tobacco was volatile for the third day in a row after China proposed tobacco advertising ban and higher taxes.
Aug 17, 2012 11:10 AM ET
Australian markets indexes surged 0.9% on stronger local earnings and improving sentiment in the euro zone. ANZ reported first half profit increased 9%. QBE net surged but stock dropped on weaker outlook in the U.S.