Jan 13, 2014 9:00 AM ET
Australian market indexes dropped in weak trading volume and miners closed lower. Home loan approvals in November increased 1.1% to 52,912. Telstra sold its Sensis directories business at a significantly lower than expected price. Saputo extended its offer one more time.
Jan 10, 2014 2:04 PM ET
U.S. stocks traded sideways and employers at all levels added fewer than expected 74,000 jobs in December. Average monthly payroll increase of 182,000 matched previous two years. Jobless rate declined to 6.7%. Sears Holdings plunges after dismal holiday performance.
Jan 10, 2014 12:04 PM ET
Alcoa net swung to a loss of $2.34 billion and pleaded guilty to a criminal charge and agreed to pay $384 million in penalties. Five Below declined on outlook. Sears Holdings tumbled after forecasted adjusted loss in quarter and for year. Synnex net dropped 5%.
Jan 10, 2014 11:15 AM ET
Cineworld Group plans to acquire Cinema City International for £900 million. Lufthansa said December traffic increased and restructuring costs to fall this year. Hilton Food said performance was in-line with expectations. SAP said revenue rose 2% and operating profit jumped 13%.
Jan 10, 2014 11:01 AM ET
Nikkei index in Tokyo gained 0.2% and fell 2.3% in the week. The yen traded near 105 against the U.S. dollar. Investors await structural reforms announcement from the government.
Jan 10, 2014 10:01 AM ET
IndusInd Bank net surged 30% as non-performing assets jumped to 1.2%. MTNL declined despite Union Cabinet clearing spectrum refunds. Reliance said gas production at KG-D6 fields increased 15%. Va Tech Wabag secured order worth $40 million from Tanzania.
Jan 10, 2014 9:36 AM ET
Australian new home sales surged 7.5% on a 30% surge in multi-unit sales. Market indexes extended losses on growing worries about China’s economic expansion and lower than expected trade deficit.
Jan 09, 2014 12:36 PM ET
U.S. indexes declined on weak retailers and weekly jobless claims declined European Central Bank noted progress in the economic growth but left its reference rate at historic low of 0.5%. Yesterday, Bank of England left its lending rate unchanged.
Jan 09, 2014 11:42 AM ET
Acuity Brands net surged 70% and sales climbed 20%. Bed Bath & Beyond net climbed 9%. Family Dollar fell 3% but net sales rose 3%. Global Payments net jumped 5% on revenue increase of 8%. Nordion net swung to profit. Supervalu net doubled.
Jan 09, 2014 11:23 AM ET
Nikkei index slipped 1.5% and the yen dropped below 105 against a dollar. Fast Retailing said net income in the fiscal first quarter increased more than expected 8.8% on higher international sales.