Sep 26, 2012 8:33 PM ET
Infineon revised fourth quarter revenue guidance. Banco Santander priced initial public offering of its Mexican subsidiary. ICAP estimated first-half group revenue to be lower than the previous year.
Sep 26, 2012 8:32 PM ET
The European indexes dropped more than 2% as politicians face street protests. Italy raised €9 billion in a bond auction at lower yields and a rating agency cut euro zone outlook. French confidence eased and the UK retail sales rose in September.
Sep 25, 2012 5:24 PM ET
U.S. stocks drifted lower at close after a Fed official criticized the latest stimulus plan from the Fed and Caterpillar lowered its outlook in 2015. Metropolitan home prices in twenty largest cities increased for the third month in a row.
Sep 25, 2012 8:15 AM ET
Diageo confirmed that it is in talks to acquire an interest in United Spirits. Sanofi planned to slash approximately 900 jobs in France by the year 2015. Smurfit Kappa Group agreed to acquire Orange County Container Group for $340 million.
Sep 25, 2012 8:10 AM ET
The European indexes extended losses for the second day. Italy and Spain completed bond auctions today. UK mortgage approvals rose in August. Cairn Energy sold 8% stake in Cairn India for $910 million.
Sep 24, 2012 4:04 PM ET
U.S. indexes were firm as attention in Europe shifts to a broader economic decline as France and Spain struggle to release budgets that meet the European Union guidelines and contain the widening unemployment. Yields on the U.S. Treasuries and prices of gold, copper and crude oil fell.
Sep 24, 2012 9:14 AM ET
The European indexes edged lower ahead of draft budgets from Spain and France. Germany sold €1.17 billion of short term debt as business confidence index drops for the fifth month in a row. CGGVeritas agreed to acquire Fugro’s Geoscience Division for $1.6 billion.
Sep 24, 2012 8:42 AM ET
German business sentiment declined for the fifth month in a row in September. Hungarian retail sales declined in July. The Dutch economy expanded in the second quarter. Italian non-EU deficit narrowed in August.
Sep 24, 2012 8:38 AM ET
Julius Baer plans to cut up to 880 jobs at overseas wealth management business of Merrill Lynch. Aryzta full year group revenue rose 8.5% to €4.21 billion. Syngenta raised sales target to $25 billion for the end of the decade.
Sep 21, 2012 4:57 PM ET
World markets consolidate after solid advances in the last two weeks powered by moves from central banks. The S&P 500 index closed down for the first time in three weeks. Gold and oil rebounded. Glencore delays Xstrata merger plan. Japan Airlines sinks below its offer price.