Aug 09, 2012 5:28 PM ET
World markets were stable and stocks on Wall Street inched higher. A five-day rally in the S&P 500 index has lifted the index by 10%. Home prices advanced the most since 2006 in the second quarter. European markets added to 4-day gains.
Aug 09, 2012 10:18 AM ET
Aviva swung to loss but Nestlé earnings rose in the first-half. Deutsche Telekom second quarter net soared 76.4% to €614 million but Swiss Re consolidated net income plunged 91%.
Aug 09, 2012 10:12 AM ET
The European indexes edged lower after the ECB cut economic growth outlook. Greek jobless rate rose to record levels in May and the UK deficit widened and Italian surplus rose in June.
Aug 08, 2012 4:42 PM ET
Stocks on Wall Street meandered and earnings drove trading activities on both sides of Atlantic. News Corp writes down value of Australian newspapers and other assets by $2.8 billion. World markets await economic data from China and Bank of Japan decision later in the week.
Aug 08, 2012 10:17 AM ET
ING net fell 22% as provisions for loan losses increased but Brenntag sales rose 14.6% in the second quarter. Rio Tinto first-half profit declined 22%. BMW worldwide vehicle sales increased 5% in July.
Aug 08, 2012 10:11 AM ET
The European indexes fell on mixed earnings. The Bank of England cut growth outlook for the UK and French business sentiment dipped in July. DSM agreed to acquire Brazil-based Tortuga for about €465 million.
Aug 07, 2012 4:55 PM ET
U.S. stocks traded higher for the third day in a row and earnings dominated trading. Knight Capital rebounded from 7% decline after it arranged emergency financing at a steep discount. MGM Resorts, Sirius XM Radio and Tower International gained on earnings.
Aug 07, 2012 10:19 AM ET
Lanxess second quarter net declined due to exceptional charges but InterContinental revenue increased 3.3%. Xstrata first-half profit plunged 33% to $1.94 billion.
Aug 07, 2012 10:12 AM ET
Italian economy extended the decline for the fourth quarter in a row and German factory orders fell 1.7%, more than estimated in June. The UK retail sales rose unexpectedly in July. Standard Chartered plunged 22% on money laundering charges.
Aug 06, 2012 4:40 PM ET
Market indexes in New York closed higher after earnings exceeded expectations and energy and metals prices rose. Standard Chartered Bank is the second UK based bank to face money laundering charges in New York.