Jan 30, 2013 11:26 AM ET
Stocks in New York traded sideways after economy shrank unexpectedly in the fourth quarter on the decline in government spending and a sharp fall in military spending.
Jan 30, 2013 10:30 AM ET
Amazon.com fourth quarter net declined 45% and Eli Lilly net slipped 4%. L-3 Communications dropped 23% and Rockwell Automation first quarter net declined 12%. Boeing fourth quarter net dropped 30% and Valero Energy net surged to $1.01 billion.
Jan 30, 2013 10:19 AM ET
The Nikkei index closed above 11,000 for the first time since April 201. Market extended rally to 28% that began in mid-November. Canon after the close reported 26% increase in operating income. Yahoo Japan soared after buy back announcement. Central Japan Railway Corp said net jumped 49%.
Jan 30, 2013 9:47 AM ET
Australian indexes gained higher for the tenth day in a row and indexes closed at new 21-month highs. Financials led the decliners and resource stocks gained. Wesfarmers declined despite the retail division Coles reported higher sales.
Jan 30, 2013 8:55 AM ET
Blue Dart third quarter net surged 101% and Crompton Greaves net swung to loss. EIL net declined 12.5% and Glenmark net jumped 375%. IOB and L&T Finance slid as third quarter non-performing assets increased. Nalco net surged 132%. RIL raised $800 million from senior perpetual notes.
Jan 29, 2013 1:55 PM ET
Anglo American, the iron ore miner, gained after it reported lower than expected write down of $4 billion at its mining operation in Brazil. Royal Bank of Scotland faces criminal probe linked to rate rigging and may pay as much as 500 million pounds in fines.
Jan 29, 2013 1:51 PM ET
European markets advanced to new 23-month highs. Consumer confidence index in Germany suggested an improvement but the index in France held steady. Retail sales in Spain declined for the 30th month in a row. Philips gained on better-than-expected earnings.
Jan 29, 2013 12:10 PM ET
Market index in New York traded sideways after consumer confidence index dropped to the lowest since November 2011. Metropolitan home price index rose at the fastest pace in November in nearly six years. Hess surged after a hedge fund pushed for a breakup. Horton jumped on quarterly results.
Jan 29, 2013 11:00 AM ET
Danaher fourth quarter net climbed 10% and Ford net plunged 88%. Hess exits refining and storage terminals management business on the East Coast. Illinois Tool quarterly net surged 121%. Pfizer net surged to $6.31 billion. T. Rowe net soared 23% and Yahoo net declined 8%.
Jan 29, 2013 10:31 AM ET
The Nikkei index extended gains and broader markets focused Topix index gained to rise 26% since November 14. Banks and financial lenders rose on the hopes that latest quarterly results will surpass the expectations. Smaller cap focused index soared 48% in the year so far.