Aug 27, 2009 10:21 AM ET
U.S. stocks staged uptick in the morning trading after the release of final second quarter GDP data. Unemployment claims decreased 10,000. Cash-for-clunkers program helped to sell 700,000 vehicles. Drought conditions persist in India.
Aug 27, 2009 9:26 AM ET
Stocks in Mumbai increased after the revival of monsoon and rising capital spending by government and private sector companies. Tata Steel swung to a loss. Automakers are gearing up for the festival season with the expectations of higher sales. Bharti- MTN talks progress.
Aug 27, 2009 1:11 AM ET
The pet products and services retailer net quarterly sales grew 5.4% to $1.3 billion on comparable store sales rise of 0.8%. Net quarterly income rose 4.6% to $39 million as a result of lower taxes and an increase in sales. Earnings per share was 31 cents versus 30 cents a year-ago quarter.
Aug 26, 2009 6:00 PM ET
Stocks in cautious trading edged higher ahead of national election and two economic reports. The benchmark index is hovering at stretched valuation ahead of reports on inflation and unemployment. The DJP party is leading in polls ahead of national election on Aug 30. Toyota lowers production target.
Aug 26, 2009 5:37 PM ET
U.S. stocks traded sideways after the release of durable goods orders, new home sales and weekly inventory reports. European markets decreased but hovered near 10-month high. Crude oil declines and natural gas tradees near seven-year low. European markets edge lower on weak metals and commodities.
Aug 26, 2009 4:13 PM ET
Australian stocks edged higher as international markets closed up. The positive sentiment was further bolstered by a surge in earnings at Macarthur Coal. Westfield surged after it reported a net loss but guided stable property values and said it does not need additional capital.
Aug 26, 2009 3:21 PM ET
Stocks in Mumbai edged higher as companies report new export orders. IT and auto sector stocks edged higher. Large order fuels Aban Offshore. Tech Mahindra in demand after new order win. NTPC gains on a likely government support in the natural gas dispute with Reliance Industries.
Aug 26, 2009 2:30 PM ET
European markets edged lower on a weakness in miners and commercial banks. Natixis surged on the expectations of profit in the third quarter. Continental AG said it repaid €800 million of debt on time. The German business confidence index increased in August. Suez Environnement and Heineken gained.
Aug 26, 2009 1:36 PM ET
UK stocks declined after the flood of weak earnings. The benchmark index edged lower after surging to new highs in three of the last six days of trading. Antofagasta declined after first half earnings fell. Tullow Oil, Premier Oil and Cairn Energy fell on the weak sentiment in the resource stocks.
Aug 26, 2009 12:23 PM ET
Torchmark Corporation led the decliners in the S&P 500 index with a loss of 3.8%. Brown Shoe Company reported second quarter net loss. Dollar Tree comparable same store sales increased 6.8%. Bridgepoint Education files for secondary offering.