Apr 25, 2012 8:01 AM ET
UK economy slipped back into second recession in less than five years after the economy shrank in the first quarter on sharp decline in construction and a weakness in the service sector. Polish retail sales increased 10.7% and unemployment declined to 13.3%.
Apr 25, 2012 7:56 AM ET
The European indexes gained on strong corporate earnings. The euro area loan demand fell and the UK economy slid into a recession in the first quarter. Siemens cut fiscal year outlook after quarterly earnings plunged.
Apr 24, 2012 5:18 PM ET
U.S. stocks advanced after AT&T, 3M, United Technology and Parker Hannifin, T. Rowe Price and Hershey reported better than expected earnings. After the close, Apple reported $39.2 billion in sales and earnings of $11.6 billion of $12.30 a share.
Apr 24, 2012 8:34 AM ET
French confidence improved in April and the index was the highest since November 2010. UK public borrowing rose in March as the government struggles with revenues and fees.
Apr 24, 2012 8:28 AM ET
The European indexes rebounded after debt auctions by Spain, Italy and the Netherlands. French sentiment improved in April. The UK public sector net borrowing rose in March. Shell agreed to buy Cove for £1.12 billion.
Apr 23, 2012 4:18 PM ET
U.S. indexes traded lower and fell more than 1% and the Nasdaq declined as much as 1.7%. Crude oil and gold dropped and the dollar gained. Total of $15 billion of deals were announced in the U.S. and Europe. Hong Kong led the sharp declines in Asian markets.
Apr 23, 2012 8:33 AM ET
European markets dropped after the latest reading on the private sector activity showed larger than expected weakness in April. French business sentiment index declined. Spanish economy shrank 0.4%, the first quarterly decline after seven quarters of modest growth.
Apr 23, 2012 8:20 AM ET
The G-20 nations pledged $430 billion to the IMF. Nestlé agreed to acquire Pfizer infant nutrition business for $11.85 billion. Vodafone agreed to buy Cable & Wireless for $1.7 billion. AstraZeneca and Ardea Biosciences agreed on a merger deal of $1.26 billion.
Apr 20, 2012 3:37 PM ET
U.S. stocks snapped higher after two days of losses on better than expected earnings from General Electric, Microsoft and McDonald’s and on the improvement in the German business confidence index. IMF is seeking $400 billion that may be gambled in supporting the euro zone economies.
Apr 20, 2012 8:49 AM ET
The European indexes pared gains after trading higher in the day after German business sentiment improved unexpectedly in April. The UK retail sales rose in March. International Airlines Group completed the acquisition of bmi from Lufthansa.