Apr 29, 2013 8:40 AM ET
Australian stocks extended rally for the third day in a row and resource stocks led the advance. BHP Billiton agreed to sell its Arizona based copper mine and railroad operations for $650 million.
Apr 16, 2013 11:05 AM ET
Market indexes in New York rebounded after housing starts surged 7% in March led by a 31% surge in multifamily construction. Gold rebounded 2.5% a day after plunging 9.4%, the single largest one day decline in 33 years.
Apr 16, 2013 8:57 AM ET
Australian markets opened lower but in the late afternoon trimmed losses. Gold plunged 10% and resource sector linked stocks led the decliners. RBA is on hold to let the rate cuts work through the system and held out the possibilities of future cuts.
Apr 15, 2013 12:38 PM ET
Financial markets declined following losses in commodities after China reported slower than expected growth. Gold and silver plunged 10% and crude oil declined 3%. Dish Network made an unsolicited offer to buy Sprint. Thermo Fisher agreed to buy Life Technologies for $13.6 billion.