Jul 30, 2009 2:36 PM ET
Stocks in Europe gained on better than expected earnings from Volkswagen. BASF reported 74% decline in earnings and may trim dividend. Siemens third quarter orders decreased 28%. France Telecom net profit fell 4.3%. Volkswagen sales fell 7.7% and net profit fell 83%.
Jul 30, 2009 3:19 PM ET
UK stocks closed up as metals gain and earnings lift large cap companies and home price rise. Nationwide Building Society estimated 1.3% home price increase July. Rolls Royce adjusted profit beats estimates.
Jul 30, 2009 12:51 PM ET
Expedia, Inc led gainers in the S&P 500 index with a rise of 13.4%. Amkor Technology, Inc beats second quarter estimates. BorgWarner Inc posts another quarterly loss on charges, the stock plunges 60%. MasterCard surged after quarterly profit. Cigna gained on revised earnings outlook.
Jul 30, 2009 12:40 PM ET
Earnings dominated trading in Tokyo. Industrial production increased 2.4% in June and in the quarter surged 8.3%. Sony surged after it reported lower than expected loss. Honda soared after it offered better than expected annual earnings.
Jul 30, 2009 9:03 AM ET
Earnings from companies in various industries in India present a picture of healthy economy and rising corporate spending. ICICI, Mahindra & Mahindra, State Bank of India, Mundra Port and Patni Computer exceeded expectations. Rupee declined 0.3%. Banks and software services providers gained.
Jul 29, 2009 5:50 PM ET
Commodities dropped sharply after the latest crude oil inventories report from the U.S. and a plunge in Shanghai stocks. Oil dropped 6.5% and natural gas declined 4%. Treasury auction of $39 billion drew more than expected interest.
Jul 29, 2009 1:12 PM ET
European markets closed higher after earnings lifted stocks in chemical, drugs auto and industrial sectors. Bayer, Akzo Nobel and Sanofi gained. SAP second quarter sales fell 10%. Daimler took €387 million charge related to its divestment in Chrysler stake. Arcelor Mittal quarterly net loss.
Jul 29, 2009 12:41 PM ET
UK stocks edged higher as mortgage lending in June increased. BG Group earnings fell 31% on lower energy prices. Cadbury first half profit surged 177%. The auto dealer Inchcape surged after it reported better than expected earnings.
Jul 29, 2009 12:25 PM ET
The flash memory card maker total revenue declined 10% to $731 million in the quarter. Net quarterly income was $53 million helped by increased pricing and higher royalty revenue. Earnings per share gains were 23 cents compared to a loss of 33 cents per share the prior-year quarter.
Jul 29, 2009 12:48 PM ET
Yahoo! and Microsoft agree to partner on a search technology and advertising revenue sharing. Microsoft will gain higher visibility for Bing and raise competitive pressures on Google. Yahoo will retain 88% ad revenues for the first ten years but Microsoft will not make any upfront payment.