Aug 19, 2009 1:37 PM ET
German producer prices declined the sharpest in July in six decades. The OECD reported flat economic growth in the second quarter in the 30-member nations. Air France pulled out of Czech Air bid. VW common shares dropped after Qatar agreed to pay lower price.
Aug 19, 2009 1:31 PM ET
The homebuilder quarterly revenue declined 36% to $914.1 million. Net quarterly loss narrowed 64% to $142.3 million helped by lower charges and a benefit from provision for income taxes. The company lost 45 cents a share versus a loss of $1.26 a share a year-ago quarter.
Aug 19, 2009 12:49 PM ET
UK stocks traded sideways. The Bank of England latest minutes showed that Governor King sought higher bond purchase limit which was not approved by the committee. John Menzies issued upbeat outlook for full year. Lookers Plc eliminates dividend on weak results. Rexam rights issue gets 95% bids.
Aug 19, 2009 11:51 AM ET
The New York Times Company led gainers in the S&P 500 index with a rise of 1.9%. BJís Wholesale Club second quarter profit drops but ahead of estimates. Giant Interactive Group Inc second quarter profit drops 34%. HP third quarter net earnings drop 19%.
Aug 19, 2009 9:57 AM ET
Stocks in Mumbai edged lower after estimates of crops were revised lower on weak monsoon. Weak international commodities prices also dragged the sentiment. National Textile Corp may raise as much as $150 million in land sale in Mumbai.
Aug 18, 2009 5:55 PM ET
Tokyo stocks are likely to edge higher in the early trading after the strength in world markets. The unexpected surge in confidence index in Germany and better than expected single family home permits in the U.S. is expected to support the market opening.
Aug 18, 2009 5:10 PM ET
Stocks in New York edged higher after banks and retailers gained. Healthcare stocks fell after riding higher in the previous session as the healthcare debate continues. Single family home building permits increased in July but overall construction demand edged lower.
Aug 18, 2009 3:39 PM ET
European stocks edged higher in a late rally. Continental AG surged 17% to Ä26.10 after Schaeffler Group finalized its agreement to refinance debt. France based GDF Suez and Australia based Santos formed a venture to explore and sell natural gas field in the Northwestern Australia coast.
Aug 18, 2009 2:52 PM ET
The measure of annual inflation stayed at 1.8% in July matching the rate in June. The pound edged higher after the release of the report. British Land Company decreased 2.5% after it reported quarterly loss. The auto dealer Pendragon Plc declined after a steep fall in sales and profit.
Aug 18, 2009 1:11 PM ET
American Express and Bank of America gained after net loss rates for credit card loans declined in July. The TJX Companies fell after it offered cautious outlook for the third quarter. Saks reported net loss in the second quarter. Cardinal Health quarterly net dropped 14%.