May 19, 2009 7:18 PM ET
Stocks in Japan tracked gains in New York. Metals and energy prices increased in Asian trading. T&D Holding Inc increased 3% after it reported less than expected annual loss.
May 19, 2009 6:48 PM ET
UK stocks closed higher. Marks & Spencer declined after it cut its dividend by one third. ICAP, the interbank broker reported higher profit. Vodafone net declined and Tate & Lyle replaced in chief executive. Burberry reported a net loss for the year.
May 19, 2009 8:09 PM ET
U.S. stocks closed lower on weak housing data. Home Depot reported better than expected earnings and Saks sales fell more than expected. Tenet Healthcare surged after it reported better than expected earnings. Invesco, Morgan Stanley and Marshall & Ilsley join others in raising capital.
May 19, 2009 12:01 PM ET
Tenet Healthcare Corporation led gainers in the S&P 500 index with a rise of 18.2%. American Apparel, Inc swings to first quarter loss. E-House (China) Holdings Limited first quarter profit tops market view. Medtronic Inc cutting 1,500-1,800 jobs in coming weeks.
May 19, 2009 10:50 AM ET
The U.S. stocks edged sideways in the early trading after the release of weak housing data. Invesco plans to raise $400 million in stock offering and Morgan Stanley sold its remaining stake in the MSCI Inc. Amex plans to cut 6% of its staff. Home builders edged lower after the housing data.
May 19, 2009 10:31 AM ET
The department store operator quarterly sales dipped 9.5% to $5.2 billion on same-store sales fall of 9%. Net quarterly loss widened 49% to $88 million. The company lost 21 cents a share versus a loss of 14 cents a year earlier and estimates earnings between 40 cents and 55 cents a share in 2009.
May 19, 2009 9:56 AM ET
Trading in Mumbai was volatile but volume and number of trades surged to a new high. The heavy volume reflected renewed interests from institutional and retail investors. Infrastructure, power and construction companies led the gainers.
May 19, 2009 7:14 AM ET
The Security Technology company first quarter 2009 revenue rose 21% to $447.71 million and net income surged 77.2% to $53.5 million. Earnings per share were 34 cents as against 18 cents a year ago. The global reseller agreement with HP should help them do even better going forward.
May 19, 2009 7:09 AM ET
The fashion retailer first quarter net sales decreased 24% to $612.0 million while comp sales decreased 30% with a net loss of $26.8 million, compared to net income of $62.1 million last year. The net loss per share was 31 cents as against earnings of 69 cents last year.
May 18, 2009 6:42 PM ET
Stocks in New York surged on a rally in financials and talks of banks returning TARP funds. Treasuries fell as yields on 30-year bonds rose to 4.21%. Stocks in India soared 17% in one minute of trading, ahead of trading halts after the ruling coalition widened its margin of election win.