Aug 20, 2012 4:17 PM ET
U.S. stocks traded sideways after investors turned cautious on stretched valuations. European leaders kicked off another round of talks to renegotiate Greek bailout terms and the distribution process for Spain. Retail gasoline prices gained as summer demand stayed near peak.
Aug 20, 2012 10:11 AM ET
The European indexes rose and the ECB may set yield limits for sovereign bonds. Construction output in the euro zone fell in June. UK home prices slumped in August. Heineken raised its offer to acquire Fraser & Neave''s stake in Asia Pacific Breweries.
Aug 17, 2012 4:50 PM ET
U.S. indexes extended gains for the sixth week in a row on improving consumer confidence and economic conditions. S&P 500 index is up 12.8% in the year and the Nasdaq Composite is up 17%. Facebook, Groupon and Zynga dropped to new lows after more stocks are available for trading.
Aug 17, 2012 9:39 AM ET
Swiss Life first-half profit from operations rose 17% driven by operational advances and a strong investment result. Nokia planned to integrate social games from Zynga in the third quarter.
Aug 17, 2012 9:35 AM ET
The European indexes gained on positive comments from German Chancellor Angela Merkel. Euro zone current account and trade surplus rose in June. German producer price inflation eased to a two-year low in July. Swiss Life first-half profit from operations rose 17%.
Aug 16, 2012 4:57 PM ET
The latest read on housing market and jobless claims added to the string of improving U.S. economic data. Stocks were higher after the largest networking equipment maker Cisco reported better than expected earnings Facebook extended the loss to a 60% plunge from the IPO price.
Aug 16, 2012 10:02 AM ET
Zurich Insurance earnings fell 19% and Telekom Austria revenues declined 4.2% in the second quarter. Basilea Pharmaceutica net loss widened and SBM Offshore swung to profit in the first-half.
Aug 16, 2012 9:58 AM ET
The European indexes traded lower awaiting central bank action. German employment rose in the second quarter, the UK retail sales rose unexpectedly and euro zone annual inflation was stable in July. Telekom Austria earnings rose in the second quarter.
Aug 15, 2012 4:22 PM ET
U.S. markets traded sideways and Industrial output increased in July but manufacturing index fell in New York region. European markets eased and gold, copper and oil traded higher. Asian markets were flat and Shanghai index fell 1.1%. Markets in India were closed to celebrate Independence Day.
Aug 15, 2012 10:22 AM ET
Balfour Beatty first-half revenue rose 6% but Eurasian Natural Resources pre-tax profit plunged 59%. Hennes & Mauritz total July sales increased 11%. Carlsberg second quarter net revenue improved 5%.