Sep 16, 2009 12:00 PM ET
Healthcare insurers increased after US lawmakers proposed healthcare bill without the public option. Anadarko Petroleum increased after it made a discovery of natural gas field off the coast of Sierra Leone. Omniture, Inc surged on merger agreement with Adobe. Hi-Shear Technologies soars 58%.
Sep 16, 2009 10:04 AM ET
U.S. stocks gained after latest measured inflation data suggested that price increases are contained. UK unemployment increased to 7.9%, highest since November 1996. Chinese companies are expected to expand overseas investment in mining and energy companies.
Sep 16, 2009 8:51 AM ET
Adobe agreed to acquire the Internet traffic analysis software and services provider Omniture to diversify its product offering and increase forestall sagging sales. The offer is 45% premium to the average price of last thirty trading days.
Sep 15, 2009 8:37 PM ET
Australian retail stocks edged higher after the latest minutes of meetings from the RBA suggested that rates may not be raised at the next meeting. Harvey Norman, David Jones and JB Hi-Fi Ltd increased.
Sep 15, 2009 7:56 PM ET
Jindal Steel & Power Ltd plans to offer a stake in its power subsidiary that may raise more than $900 million. Stocks surged after Bank of India paid additional advance taxes indicating higher earnings.
Sep 15, 2009 7:16 PM ET
U.S. stocks closed higher after the release of better than expected retail sales data and comments from the Fed Chairman Bernanke. The chairman suggested that deepest recession in nearly eight decades has likely ended but job market recovery will be slow.
Sep 15, 2009 6:25 PM ET
The August read of German investor confidence index increased. PSA Peugeot increased after it revised its loss estimate lower. Michelin & Cie increased after its chief executive offered positive earnings outlook on lower raw materials costs.
Sep 15, 2009 2:16 PM ET
Best Buy second quarter earnings dropped 22% on 12% decline in revenues. The Kroger declined after latest quarter net fell 8%. eBay and Yahoo gained on ratings revision. Cracker Barrel Old Country Store quarterly net rises 8.6%.
Sep 15, 2009 9:18 PM ET
World markets edge ahead after the release of retail sales and producer prices index. Brazil and U.S. report rising retail sales and German investor confidence in September grows. Japan Airlines is planning to cut 6,800 jobs. Yahoo lowers its stake in the online marketplace operator Alibaba.com.
Sep 15, 2009 9:42 AM ET
After the release of retail sales and producer price index stocks edged higher. Retail sales were driven by 11% surge in auto sales and price index gained on 8% rise in energy prices in the month.