Aug 30, 2013 3:01 PM ET
U.S. stocks traded lower and market indexes extended losses in the week to nearly 2%. Worries of imminent Syria strike receded after the UK parliament rejected a motion for a military action. World markets declined in the week and many markets registered worst month fall in fifteen months.
Aug 30, 2013 11:30 AM ET
Apache jumped after China based Sinopec acquire 33% stake in Egyptian unit for $3.1 billion. Big Lots net plunged 18% and Bebe Stores net swung to a loss. Splunk revenue soared but loss in the quarter widened. OmniVision net surged. Salesforce net swung to profit.
Aug 30, 2013 10:52 AM ET
Bwin.party plunged 13% after first-half net loss narrowed and company guided weak revenues outlook. Hermes Intl net surged 14% to €382 million and sales climbed 11%. America Movil terminated €7.2 billion bid after Royal KPN set up a poison pill. L''Oreal profit climbed 5%.
Aug 30, 2013 10:24 AM ET
Stocks in Japan closed down for the week and for the month and the Nikkei index declined 2% in August. Unemployment rate declined to 3.8% in June inflation in July rose to 0.7%. Investors took a cautious outlook for Japanese stocks after a sharp surge in the year and steady decline since May 23.
Aug 30, 2013 9:41 AM ET
Australian indexes gained on local earnings and growth optimism and in August registered an increase of 1.6%. Harvey Norman and Retail Food Group gained on improved annual outlook. Virgin Australia swung to a loss.
Aug 30, 2013 9:19 AM ET
Jindal Steel & Power tumbled after board approved a stock buyback plan. L&T secured new orders worth Rs 807 crore. LIC increased stake in State Bank of Inida. MphasiS net jumped 9%. REC plans to raise $544 million. Rolta India net swung to a loss.
Aug 29, 2013 2:39 AM ET
Campbell Soup net swung to a loss on lower than expected sales increase. Fresh Market net climbed 17%. Genesco net jumped 14% and Guess net gained 7%. K12 profit soared 28% as revenue surged 19%. Pall Corp sales and net edged up.
Aug 29, 2013 2:15 PM ET
Market indexes on Wall Street traded higher after second quarter economic growth was revised higher and initial jobless claims fell in the last week. Verizon is in talks with Vodafone to gain full control in the wireless venture.
Aug 29, 2013 10:41 AM ET
Carrefour first-half net surged to €955 million. Co-op Bank wrote down approx £650 million. Verizon is reported to be in talks with Vodafone to acquire remaining stake in a wireless venture. Vienna Insurance pretax profit plunged 32%.
Aug 29, 2013 10:10 AM ET
Stocks in Tokyo edged higher after declining for three days in a row. Japanese government bond yields fell and the government completed the sale of $27 billion of 2-year debt.