Oct 14, 2013 11:34 AM ET
U.S. market indexes traded lower as the debt default date approaches and rating agencies remain quiet. The dollar eased and credit default swaps on U.S. Treasuries rose to 39 basis points. European markets trade lower in cautious trading.
Oct 14, 2013 10:25 AM ET
Dassault Systemes revenue jumped 4% to €496 million. Lok''n Store said profit-before-tax increased as revenue rose. Michael Page said gross profit rose 0.4% to £127 million. Peugeot plans for stake sales in Dongfeng Motor to raise €3 billion.
Oct 14, 2013 9:06 AM ET
Trade surplus in September month declined as exports rose less than expected and imports surged on higher commodities prices and volumes. In addition, China said inflation picked up in September.
Oct 14, 2013 8:51 AM ET
Australian stocks declined as world investors turned their focus to the U.S. political stalemate. In addition, China reported weaker than expected exports data and inflation picked up in September. Australian home loan approvals also fell.
Oct 11, 2013 1:52 PM ET
Market indexes extended rally for the second day in a row in New York on the debt deal and government funding hopes. White House rejected the latest short term debt ceiling revision proposal and the federal government is closed for the eleventh day.
Oct 11, 2013 12:43 PM ET
Infosys profit declined 11% but revenue climbed 15%. JPMorgan net swung to a loss on legal charges as revenue dropped 8%. Micron Tech swung to a profit $1.71 billion. SolarCity surged after fiscal outlook. Wells Fargo net surged 13% and revenue dropped 3%.
Oct 11, 2013 11:27 AM ET
Gem Diamonds sold rare 12.47 carat blue diamond and 82 carat white diamond for a total of $7.5 million. Lloyds Bank sold its Australian operations to Westpac Banking of nearly £0.9 billion. Royal Mail surged 36% on its first day of trading. Swedish Match lowered its earnings outlook.
Oct 11, 2013 10:45 AM ET
Stocks in Tokyo and in Asian markets closed higher following a rise in New York trading. The yen weakened. The Nikkei gained the most in three months. Fast Retailing dropped 3% after it estimated lower than expected fiscal year net income.
Oct 11, 2013 9:38 AM ET
Market indexes in Australia gained following a surge in stocks in New York. Resource and bank stocks led the advance. For the week, the ASX index gained 0.3%. Dexus Property Group proposes $2.3 billion buyout for the remaining stake in Commonwealth Property Fund.
Oct 10, 2013 4:02 PM ET
U.S. market indexes soared as hopeful investors pinned hopes on a speedy resolution to the government stalemate. Republican leaders and President Obama met this afternoon to discuss a proposal to increase short term debt limit but keep the government closed.