Jan 31, 2013 4:59 PM ET
U.S. stocks trimmed the gains but extended 2012 advances in January. The S&P 500 index gained 5% and has now doubled from its low in 2009. The euro closed at a 14-month high and markets in Japan surged 7% on the stimulus hopes.
Jan 31, 2013 12:59 PM ET
AstraZeneca fell after it estimated lower sales in the current year. Deutsche Bank reported a loss and Banco Santander estimated higher loan losses in Spain. Ericsson reported sales increased 5%. Infineon forecasted higher sales and operating earnings. Lonmin soared on 17% rise in platinum sales.
Jan 31, 2013 12:53 PM ET
Markets in the euro zone declined after weaker than expected earnings and German retail sales fell in December. AstraZeneca estimated sales decline on higher competition from generics. Banco Santander set aside more capital cover losses in Spanish loans. Deutsche Bank reported a loss.
Jan 31, 2013 11:10 AM ET
Stocks in New York traded sideways after Chicago area manufacturing indicated expansion. Jobless claims increased 38,000 at the end of last week. Personal income rose 2.6% in December, the largest increase in nine years.
Jan 31, 2013 10:15 AM ET
Aetna fourth quarter net plunged 49% and Colgate-Palmolive net rose 1%. Facebook revenue climbed but net tumbled 69%. MasterCard net surged to $605 million. Time Warner net declined 9% and sales jumped. Dow Chemical quarterly loss widened.
Jan 31, 2013 11:44 AM ET
Stocks in Tokyo closed higher as the earnings season accelerated. Softbank, Nintendo, Sumitomo Mitsui and Alps Electric were among the leading companies to report earnings. December industrial production increased less than expected 2.5%.
Jan 31, 2013 8:50 AM ET
Australian stocks halted a ten-day rally ahead of earnings season next week. For the month, ASX 200 index increased 4.9%, the fastest monthly advance in a year. Pharmaxis plunged after it failed to win a recommendation for a drug approval. Woolworths first half sales increased 4.8%.
Jan 31, 2013 8:04 AM ET
Bharti Infratel third quarter net jumped 31% and Colgate-Palmolive net declined 4%. ICICI net profit jumped 30% but non-performing asset increased. Lupin net soared 42.6%. The central government plans to sell 10% stake of Oil India. Power Finance net surged 48%.
Jan 30, 2013 1:30 PM ET
Saipem, the energy services provider plunged 34% after it lowered earnings outlook for 2012 and 2013. Luxoticca Group gained 2% after sales increased 14%. Impperial Tobacco guided lower first half profit. Swedbank soared 10% after it nearly doubled dividend. Roche AG increased dividend.
Jan 30, 2013 1:25 PM ET
European markets traded lower and markets in Italy plunged more than 3% after energy service company issued profit warning. Spanish economy shrank for the sixth quarter in a row by 0.7%.