Jul 23, 2012 9:42 AM ET
Market indexes in Germany and France plunged more than 3% as Spanish yield soared to a new record. The indexes in Madrid plunged 3.8% and in Italy dropped 5%. Spain lowered economic outlook for next year. China-based Citic agreed to buy CLSA from Credit Agricole for $1.25 billion.
Jul 23, 2012 9:23 AM ET
The Spanish economy contracted for the third quarter in a row. Swiss broad money supply growth rose and Luxembourg''s unemployment rate remained unchanged in June. Danish consumer confidence strengthened in July.
Jul 20, 2012 4:04 PM ET
Wall Street losses accelerated after technology and financial sectors led the decliners. Euro zone worries contributed to weak earnings from financials. Commodities halted two week rally and the oil declined for the first time in nine days.
Jul 20, 2012 9:08 AM ET
Haldex AB declined 7% after second quarter plunged 85%. Heineken N.V. increased 1% after it agreed to acquire its partner in Singapore based Pacific Breweries. Scania AB added 5% after quarterly net fell 40%, less than expected.
Jul 20, 2012 9:00 AM ET
The European indexes traded lower ahead of the euro area finance ministers conference call. Heineken offered to acquire Fraser & Neave’s interests in Asia Pacific Breweries. Renault-Nissan Alliance planned to invest $160 million in Korea.
Jul 20, 2012 8:49 AM ET
German producer price inflation slowed and Danish retail sales decreased in June. The French leading economic index declined for a second straight month and Dutch consumer spending fell in May.
Jul 19, 2012 4:15 PM ET
U.S. indexes were flat after weak batch of economic data overshadowed generally positive earnings. Home sales fell in June and weekly unemployment claims rose. UK retail sales exceeded expectations and German lawmakers approved Spanish bailout with conditions.
Jul 19, 2012 10:27 AM ET
Akzo Nobel climbed after second quarter revenues increased 8% and net income fell less than expected 22%. Alstom SA said first quarter new orders increased 20% and sales surged 6%. Electrolux AB gained after quarterly net rose 36%.
Jul 19, 2012 10:19 AM ET
Spain raised €2.98 billion but in secondary markets surged to a sixteen-year high. Veolia agreed to sell its U.S. solid waste business for $1.9 billion. Repsol agreed to divest its Chilean business for $540 million.
Jul 19, 2012 7:45 AM ET
Euro area current account surplus climbed in May. Swiss trade surplus rose in the second quarter. Dutch consumer sentiment improved in July but jobless rate increased in June.