Jan 22, 2016 1:35 PM ET
European markets rallied on Friday after prices of oil and commodities rebounded and the ECB left door open for additional stimulus steps. Manufacturing activities in the euro zone slowed down to a three-month low. SAP SA lifted its fiscal 2017 revenue but lowered its operating margin outlook.
Jan 22, 2016 11:23 AM ET
American Express net declined 38% on 8% drop in revenues. Boeing plans to cut its production of 747 aircrafts and book an after-tax charge of $569 million. GE net income surged 22%.
Jan 21, 2016 11:20 AM ET
BNY Mellon net surged two-fold and agreed to acquire the assets of Atherton Lane Advisers for $2.7 billion. BB&T net declined 9%. Fifth Third Bancorp net surged 75%. F5 Networks net rose 0.7%. J B Hunt profit jumped 6%. Key Corp net plunged 11%. Verizon net swung to profit.
Jan 21, 2016 10:55 AM ET
European Central Bank left key lending rate on hold and showed willingness to review monetary policy. Deutsche Bank warned of an annual loss of €6.7 billion due to write-downs, litigation charges and restructuring costs. Pearson plans to cut 4,000 jobs.
Jan 20, 2016 2:47 PM ET
European market indexes dropped more than 2% on the persistent oil price decline and China slowdown worries. In Italy, liquidity jitters took banking stocks down. BHP Billiton Plc dropped 7.4% after the mining giant cut its forecast for iron-ore production and wrote down more assets.
Jan 20, 2016 11:00 AM ET
Apple Inc moved to build retail operations in India as the mobile devices maker struggles with global sales growth. Goldman Sachs profit tumbled 72%. IBM net declined 19% on 9% plummet in revenues. Northern Trust net fell 2%. Netflix net plunged 48%.
Jan 19, 2016 12:34 PM ET
Bank of America net soared 10%. Charles Schwab profit surged 19%. Comerica net plunged 13% but revenues jumped 4%. Delta Air Lines and Morgan Stanley net swung to profit. M&T Bank net fell 2% while revenues surged 19%.
Jan 19, 2016 12:02 PM ET
Resource stocks lead European markets higher after China reported better-than-expected growth in the final quarter of 2015. In Milan, Banca Monte dei Paschi di Siena plummeted 13.3% and other banks were halted as ECB reviews non-performing loans. Unilever said 2015 revenues increased 10%.
Jan 18, 2016 12:16 PM ET
European markets lost ground in a volatile trading session. Banks declined on reports that the European Central Bank reviewed non-performing loans at large banks. Adidas surged 5.1% after appointing new chief executive.
Jan 16, 2016 11:04 AM ET
Nikkei average closed down as markets in Asia dropped for the second week in a row. Nikkei extended weekly loss to 3.4% and plunged nearly 10% in 2016.