Jan 29, 2016 1:28 PM ET
European indexes soared at least 2% after the Bank of Japan surprised the markets by adopting negative interest rates. The banking sector staged a recovery after positive news from Banco de Sabadell in Madrid and rumors about possible mergers in Italy.
Jan 29, 2016 11:39 AM ET
American Airlines net surged but revenues fell. Colgate-Palmolive and Chevron net swung to a loss after sales declined. Honeywell net soared 25%. MasterCard profit surged 11%. Phillips 66 net and revenues tumbled. Seagate net tumbled 82%. Whirlpool net jumped.
Jan 28, 2016 12:06 PM ET
Abbott net plunged 15% after global sales dropped. American Electric net surged but sales fell. Bristol-Myers, Baker Hughes and Caterpillar net swung to a loss. Eli Lilly profit soared 12%. Ford net swung to profit. Time Warner Cable net plunged 12%. T. Rowe profit slid 4%.
Jan 28, 2016 11:23 AM ET
European stocks dropped in choppy trading as disappointing earnings and turmoil in the banking sector offset the rally in oil prices. Deutsche Bank reported its first annual loss since 2008. H&M net fell 11% due to unfavorable currency and the warm winter. Roche warned of growth slowdown in 2016.
Jan 27, 2016 7:40 PM ET
European markets recorded gains on Wednesday after a volatile trading session. Ericsson fell 6% despite reporting 67% growth in net profit. Novartis said fourth-quarter net profit tumbled 57% due to poor performance of its eye-care business. BASF wrote down €600 million in its oil and gas division.
Jan 27, 2016 11:16 AM ET
Apple net income and revenues increased at a slower pace. AT&T net swung to profit after revenues surged 22%. Boeing net plunged 30% and aircraft deliveries declined 7%. Biogen net slumped 6%. General Dynamics net soared 9%. Parker-Hannifin net tumbled 32%. United Technologies net surged.
Jan 26, 2016 4:51 PM ET
European markets closed higher after a spike in oil and metal prices. Anglo American jumped 12% after its diamond unit De Beers more than doubled sales of rough diamonds. EasyJet’s revenue per seat decreased 3.7% in the last quarter. Philips and Siemens reported growth in healthcare divisions.
Jan 26, 2016 11:51 AM ET
3M net plunged 12% on 5% drop in revenues. Coach net declined 7% but revenues soared 7%. Danaher revenues and profit jumped 4%. Du Pont net swung to a loss. Dover net tumbled 16%. J&J net surged 18%. Lockheed Martin net rose 3%. P&G net soared 35% but sales fell 9%.
Jan 25, 2016 1:56 PM ET
Energy companies dragged European markets down after the Friday rally in oil prices lost steam. Russian GDP dropped 3.7% in 2015 after growing 0.7% in 2014. In Germany, the business climate index fell to a 12-month low.
Jan 25, 2016 1:24 PM ET
D.R. Horton net surged 11%. Halliburton net swung to a loss. Illinois Tool Works agreed to acquire engineering unit from ZF TRW for $450 million. Johnson Controls and Tyco Intl agreed to merge. Kimberly Clark net swung to profit.McDonald''s net soared 10%.