Jan 18, 2013 12:32 PM ET
Renault SA increased 2% after the French automaker reported sales outlook. Mediaset SpA, Italian broadcaster soared 6% and extended two-day gain to 17% on a broker recommendation. Spectris Plc soared 7% after comparable sales rose 4% in the December quarter. Telenet declined 3%.
Jan 17, 2013 2:49 PM ET
Market averages in New York reached to a five-year high on the economic optimism and better than expected earnings. Banks reported sharp fall in earnings and new batch of regulatory charges. BlackRock and EBay rose on earnings. Home builders advanced to a 5-year high.
Jan 17, 2013 1:11 PM ET
AB Foods reported first quarter sales increased 10% and France based Carrefour said Latin America and Asia sales lifted total sales. Delhaize Group reported better than expected results and closed more Food Lion stores in the U.S. Remy Cointreau surged 8% but organic sales growth slowed.
Jan 17, 2013 12:50 PM ET
European markets recovered from the morning slide. Construction output in the euro zone declined at a slower pace in November. Leading economic conditions index in Spain showed an improvement for the third month. IMF released the next tranche for Portugal.
Jan 16, 2013 3:44 PM ET
Indexes in New York held steady after inflation was unchanged in December and factory production increased at a slower pace. Germany lowered its economic growth outlook to 0.4% and said 2012 deficit to GDP ratio was 0.32%. Nikkei in Japan dropped 2.6% and indexes in Mumbai and Hong Kong fell.
Jan 16, 2013 12:50 PM ET
Mining companies closed lower after commodities eased. AngloAmerican dropped 3% and Lonmin declined 4%. AngloAmerican plans to shutter four shafts in South Africa and cut platinum production and layoff 14,000 workers. TUI Travel and TUI AG surged on talks of merger.
Jan 16, 2013 12:44 PM ET
European markets recovered from early losses and institutional investors stepped up to add exposure to stocks. Investors expect another year of market gains across Europe in a survey conducted by the research team at 123jump.com.
Jan 15, 2013 1:50 PM ET
Market indexes in New York steadily recovered from the morning decline after retailers gained. Apple, Intel and General Electric were in focus ahead of earnings this week. Debt ceiling concerns added to market volatility as lawmakers struggle to find a compromise.
Jan 15, 2013 11:41 AM ET
European markets traded lower in the region ahead of corporate earnings. Markets accelerated losses on the worries that the U.S. debt negotiations may drag for another two months.
Jan 14, 2013 12:25 PM ET
European markets were weak across the region but merger activities lifted larger markets. Industrial production declined 3.7% in November, third monthly decline in a row.