Oct 31, 2012 4:05 PM ET
Stocks were little changed and 2.76 billion shares changed hands on the New York Stock Exchange. Home Depot and Lowe’s traded higher but insurance stocks declined. Apple fell as much as 2% on management overhaul. European markets closed lower and markets in Hong Kong and Tokyo jumped more than 1%.
Oct 31, 2012 9:48 AM ET
The European indexes gained after the euro area jobless rate rose to a record 11.6% and German retail sales improved in September. The UK consumer confidence fell to a six-month low in October.
Oct 31, 2012 8:43 AM ET
Barclays and ArcelorMittal slip to quarterly loss. Continental nine-month sales jumped 9.1% to €24.6 billion. Novo Nordisk third quarter sales increased 20%.
Oct 30, 2012 2:52 PM ET
Stock exchanges and Wall Street was closed for the second day in a row. Lower Manhattan, where the New York Stock Exchange is located, is struggling with widespread salt water flooding and power outages that may cripple the activities for days to come.
Oct 30, 2012 9:25 AM ET
The European indexes rose on upbeat corporate earnings. German jobless rate remained unchanged at 6.9% in October and UBS plans to slash 10,000 jobs. Bayer HealthCare agreed to acquire Schiff Nutrition for $1.2 billion.
Oct 30, 2012 9:01 AM ET
Deutsche Bank net revenues rose 18% to €8.7 billion and UBS loss in the third quarter enlarged. Imperial Tobacco full-year revenue fell 2% to £28.57 billion. BP quarterly profit rose.
Oct 29, 2012 9:43 AM ET
The European indexes edged lower. Spanish retail sales plunged in September and the UK home prices eased in October. Penguin and Random House agreed to combine their businesses.
Oct 29, 2012 9:37 AM ET
Pearson and Bertelsmann agreed to combine Penguin and Random House in a newly-created joint venture named Penguin Random House to create the world’s leading consumer publishing organization.
Oct 29, 2012 9:14 AM ET
Pearson sales increased 5% and Sartorius operating earnings surged 22.7% to €100 million in the first nine months. UBS plans to slash up to 10,000 jobs globally. TNT Express third quarter net soared 80% to €9 million.
Oct 26, 2012 9:24 AM ET
The European indexes declined. The euro area leading economic index fell in September and German consumer confidence estimated to rise in November. Spanish jobless rate rose in the third quarter. Italy raised €4 billion in an auction today.