Jan 15, 2016 10:19 AM ET
BlackRock profit jumped 6%. Citigroup net surged after loan losses slumped and operating expenses declined. GE plans to sell its appliance business to China-based Haier for $5.4 billion. Fastenal net declined 6%. Wells Fargo net in the quarter was flat at $5.7 billion.
Jan 15, 2016 11:30 AM ET
European stock markets extended losses as oil prices tanked below $30 a barrel and the outlook on China remained pessimistic. BHP Billiton wrote down $7.2 billion in U.S. shale assets. Renault confirmed French investigation for emissions fraud. H&M posted better-than-expected December sales.
Jan 15, 2016 12:54 PM ET
Market indexes on Wall Street accelerated declne after another day of sell-off in China spread to Asia and Europe. Indexes in China dipped into bear zone and European markets declined more than 1% and crude oil dipped to a new low in the year and retail sales dipped 0.1% in December.
Jan 15, 2016 8:47 AM ET
Stocks in Mumbai traded lower and extended weekly and year loss after weak profit from Hindustan Lever added to global market jitters. Emerging markets and commodities continued to struggle on the growing worries that China may let yuan drift lower by another 10% to sustain exports.
Jan 14, 2016 5:33 AM ET
Market indexes on Dalal Street extended weekly losses and the rupee dropped to a new record low despite the crude oil price falling to 12-year low. Infosys said quarterly profit rose 7%. Everest Industries net more than doubled. Cyient net declined 12%.
Jan 14, 2016 1:17 PM ET
JPMorgan Chase net soared 10% as non-interest expense fell 7%. Best Buy plunged 8% after the retailer lowered revenues outlook. GoPro tumbled on lower than anticipated sales. AEP Ind net swung to profit. Clarcor net tumbled 24%. HB Fuller net more than doubled.
Jan 14, 2016 1:00 PM ET
European markets plunged on weakness in auto makers, oil price jitters, and volatile Shanghai market. Renault is allegedly investigated for emission-related fraud. The Bank of England kept its interest rates at 0.5%. The German economy expanded at the fastest pace in five years.
Jan 14, 2016 12:59 PM ET
Nikkei in Tokyo dropped 2.7% as markets in Asia extended losses. Investors turned cautious on the worries that the global economic growth may slow down on the persistent decline in energy prices and deepening deflation in China.
Jan 13, 2016 1:24 PM ET
Nikkei average in Tokyo soared 2.9% after China reported smaller-than-expected decline in exports in December. The Bank of Japan said M2 and M3 money stock increased in December.
Jan 13, 2016 12:36 PM ET
European sentiment rebounded and investor sought comfort in the latest international trade data from China. Barratt said home completion in six months to December increased 9.4%. U.K. retailer Dunelm blamed the mild winter for the 0.8% drop in sales. Sodexo kept its forecast for 3% revenue growth in 2016.