Sep 10, 2009 2:55 PM ET
European markets advanced and traded at the high for the year. Major indexes in the region are trading at 13-month high. GM agreed to sell majority stake in Opel to Magna International and Russian bank Sberbank. Arcandor may receive little after the banks sold their holdings in Thomas Cook.
Sep 10, 2009 1:01 PM ET
The Bank of England left its asset purchase program in place to aid the economic recovery and left its interest rate unchanged at 0.5%. JJB Sports and Sports Direct ar investigated by the fraud and competition authorities.
Sep 10, 2009 12:18 PM ET
Monsanto Company fell after it reaffirmed earnings at the low end of its previous estimate. Korn/Ferry first quarter sales fell and swung to a loss. Lululemon increased after second quarter revenues increased. Airlines surged after positive comments from JP Morgan analyst.
Sep 10, 2009 9:51 AM ET
U.S. stocks traded sideways in the morning after the rise in international trade deficit and weekly jobless claims were lower than expected. Procter & Gamble increased after it confirmed earnings outlook and plans to lower prices.
Sep 10, 2009 9:26 AM ET
Australian employers cut staff in August according to the latest data from the statistics bureau. Retailers gained in Sydney trading after the unemployment rate was steady at 5.8%. Myers is expected to announce A$3 billion listing plan.
Sep 10, 2009 9:18 AM ET
Chevron signed contracts to sell LNG worth A$70 billion to Japan and Korea after striking A$50 billion deal with PetroChina and A$25 billion with India based Petronet LNG Ltd. Unemployment in August was steady at 5.8%.
Sep 09, 2009 7:44 PM ET
Australian stocks were firm as gold advanced for the seventh session in a row. Gindalbie Metals increased after it received state government approval for its iron mining operations in Western Australia. BHP Billiton and Noble Energy swap stakes in the Gulf of Mexico oil fields.
Sep 09, 2009 6:54 PM ET
Infrastructure related stocks gained as companies receive more orders. Jet Airways canceled more flights on the second day of pilots strike. Reliance Industries advances after crude oil prices jump.
Sep 09, 2009 6:19 PM ET
U.S. stocks traded higher in weaker than average volume as commodities markets activities overshadowed the stock market. Copper declined but gold and silver traded near recent highs. Crude oil gained but weakness in natural persisted. Small caps gained more than large caps in the session.
Sep 09, 2009 4:00 PM ET
European markets gained on the rise in energy and commodities linked stocks. Banks in Germany gained after Commerzbank said it plans to return 5 billion to the bank rescue fund. BMW gained on an analyst recommendation. Renault increased on positive comments from its chief.