Jan 11, 2013 12:41 PM ET
Nokia extended gains for the second day on the hopes that the new smartphone will lift last quarterly results. Resource sector stocks eased after China reported higher than expected inflation. SAP AG released new business software to automate processes.
Jan 11, 2013 12:36 PM ET
European markets closed mixed and Italy completed the sale of €3.5 billion bonds of 3-year maturity at a lower average yield of 1.85%. European authorities recommended changes in how Euribor rates are submitted and calculated.
Jan 11, 2013 10:51 AM ET
Stocks in Tokyo closed higher and closed the ninth weekly advance in a row, the longest weekly increases since 1988. Prime Minister Shinzo Abe proposed $115 billion of stimulus plan and demanded central bank to put maximizing employment on top of its agenda.
Jan 11, 2013 10:15 AM ET
Hurco fourth quarter net climbed 52%. KBR lowered its fiscal 2012 earnings guidance. Synnex third quarter net declined 13% to $43.6 million. Voxx third quarter net soared 48% and Wells Fargo fourth quarter net surged 24% to $5.1 billion.
Jan 11, 2013 9:50 AM ET
Australian stocks closed lower and the dollar traded near its three months high. Mining companies fell after a storm approached near Western Australian ports threatening mine closures and iron ore shipment disruptions.
Jan 11, 2013 9:27 AM ET
Bajaj Corp third quarter net profit soared 46% and CMC net profit jumped 24%. Infosys third quarter net profit was nearly flat at $434 million. Power Grid raised $500 million in its first foreign currency public offering.
Jan 10, 2013 1:53 AM ET
Engineers India declined as government approved disinvestment plan. Gujarat NRE Coke net profit soared. Infosys is scheduled to report third quarter earnings on January 11. Rolta arm wins contract of $31 million. VKS Projects board approved stock split.
Jan 10, 2013 1:46 AM ET
Emmis Communications third quarter net plunged 92%. PriceSmart first quarter net surged 43%. Ruby Tuesday second quarter net loss widened. Supervalu third quarter net swung to profit. Texas Industries second quarter net loss narrowed.
Jan 09, 2013 1:08 PM ET
Stocks in New York extended European market gains on the corporate earnings optimism. Italy led the gains in European markets advance and reported record unemployment for the second month in a row. German industrial production barely budged. Nikkei in Japan rose on stimulus hopes.
Jan 09, 2013 11:47 AM ET
Stocks on Wall Street gained after Alcoa reported better than expected quarterly results. Market indexes participated in a broad rally that lifted consumer and industrial and tech stocks. Morgan Stanley plans to trim 1,600 staff in its institutional securities business.