Jan 25, 2013 12:13 PM ET
European markets advanced to a new 2-year high after more than expected banks are scheduled to repay loans to ECB next week. Banks led the gainers and the indexes higher in otherwise weak earnings season so far. German business climate index increase offered another signal of improving conditions.
Jan 25, 2013 10:50 AM ET
Stocks in New extended gains after a string of better than expected earnings from Procter & Gamble, Honeywell, Starbucks and Kimberly-Clark. New home sales decreased 7.3% to annual rate of 569,000 in December but rose to the highest in 2012 in three years.
Jan 25, 2013 10:08 AM ET
AT&T second quarter net loss narrowed and Covidien first quarter net slid to $493 million. Honeywell fourth quarter net swung to profit. Microsoft second quarter net slipped 4%. Kimberly-Clark fourth quarter net declined 33% and P&G net surged 140%.
Jan 25, 2013 9:01 AM ET
Stocks in Japan surged after the yen declined and investors bid up stocks in anticipation of a change in leadership at the Bank of Japan. Consumer prices declined in December 0.2%, a seventh monthly decline in the last eight months. Prices fell 0.1% in 2012.
Jan 25, 2013 8:21 AM ET
Stocks in Sydney advanced for the eighth day in a row and market indexes closed at a new 21-month high. Karoon Gas gained after it reported oil discovery off the coast of Brazil. MacMahon declined 4% on the worries that its Mongolian customer has financing difficulties.
Jan 25, 2013 7:42 AM ET
Biocon third quarter net climbed 8.1% and Coromandel Intl net declined 47.6%. Maruti Suzuki net more than doubled. Reliance Power net profit soared 30%. Sesa Goa net profit declined 28%.
Jan 24, 2013 3:42 PM ET
Stocks in New York struggled to gain after reaching a new 5-year intra-day high. Jobless claims declined to a five year low. Tech stocks were in focus after Apple Inc reported flat earnings and a sharp slowdown in growth. Japan swung to trade deficit and business activities level in Germany improves.
Jan 24, 2013 12:56 PM ET
Nokia was in focus after it suspended dividend after 20 years. Vodafone gained 3% on the hopes that the U.S. based Verizon Communication may make a bod for the company. Logitech plunged 10% after it reported a quarterly loss. EasyJet gained on higher than expected earnings.
Jan 24, 2013 12:42 PM ET
European markets advanced to multi-year highs after German business confidence rebounded and a private survey showed that the decline in activities in the euro zone decelerated. Nokia suspended its dividend after 20 years. Logitech plunged 10% after declaring a loss.
Jan 24, 2013 11:25 AM ET
Stocks in New York reversed early morning weakness and extended gains. Apple results weighed on the market after it reported flat earnings and issued a cautious outlook. Nokia drops dividend. Japanese trade deficit surges on higher energy imports.