Aug 31, 2012 4:25 PM ET
U.S. indexes traded higher after Fed Chairman Bernanke laid out a case for additional stimulus but did not offer specific steps. He also highlighted that elevated unemployment is likely to persist. Broader market averages in New York gained for the third month in a row.
Aug 31, 2012 9:42 AM ET
Essilor revenue climbed 23% and profit advanced 16.4% in the first-half. Lagardere first-half net income rose to €36 million but Vivendi plunged.
Aug 31, 2012 9:34 AM ET
The European indexes were generally flat after inflation in the region rose to 2.6% and jobless rate inched up to a record high of 11.3%. Spanish current account deficit fell in June but net capital outflow from the banking system accelerated.
Aug 31, 2012 9:13 AM ET
Euro zone inflation climbed to 2.6% in August. Jobless rate in the euro area rose to a record 11.3%, German retail sales declined unexpectedly and Italian jobless rate stable in July.
Aug 30, 2012 4:09 PM ET
World markets were on the defensive after latest economic data from the euro zone, Japan, South Korea showed more weakness and the U.S. personal spending rose the most in five months and income gained for the eighth month in a row. Carlyle keeps the offensive in deal making.
Aug 30, 2012 8:18 AM ET
Carrefour net loss narrowed and INDUS group sales rose to €540.7 million in the first-half. Pernod Ricard full-year net profit rose 10% to €1.201 billion on better operating performance.
Aug 30, 2012 9:10 AM ET
The European indexes declined and German unemployment rate held at 6.8%. Italy raised €7.29 billion in a bond auction today at lower borrowing costs. Scotiabank agreed to acquire ING Direct for C$3.1 billion. Carrefour net loss narrowed in the first-half.
Aug 30, 2012 7:52 AM ET
Euro zone sentiment weakened, German unemployment rate held at 6.8%, Spanish inflation rose and Danish industrial confidence deteriorated in August. Swedish current account surplus declined in the second quarter.
Aug 29, 2012 4:02 PM ET
World markets were in a holding pattern ahead of central bankers gathering. Corporate deal making was in full swing after Japan based air-conditioner maker agreed to acquire the U.S. based Goodman Global for $3.7 billion. Oil futures fell as Hurricane Isaac misses oil platforms.
Aug 29, 2012 9:34 AM ET
Accor swung to loss and Bouygues net declined 29% in the first-half. L''Oreal slumped 4.3% despite a rise in first-half sales and earnings. Volvo total deliveries from truck operations increased 5% in July.