Oct 31, 2009 2:30 PM ET
U.S. stocks indexes dropped more than 2.5% as person income and expenditure fell in September. The decline set off a sharp fall in indexes Canada, Europe and Latin America. Crude oil and precious metals declined. CIT Group plunged 24% as it prepares for a pre-packaged bankruptcy.
Oct 30, 2009 3:08 PM ET
European markets declined on weak read on consumer confidence and a decline in U.S. consumer spending. French index closed 5% for the month and German index lost 4.6% in the month. Lufthansa loss shrank. Indesit Company SpA net profit rises despite a fall in sales.
Oct 30, 2009 1:49 PM ET
UK stocks closed lower as commodities traded sideways. Forth Ports offered positive outlook. Rolls-Royce Group wins $720 million order from Virgin Air. Aerospace and defense contractor Meggitt Plc reiterated its annual outlook.
Oct 30, 2009 1:40 PM ET
Harman International Industries led gainers in the S&P 500 index with a rise of 18.6%. 3PAR Inc second quarter loss narrows. Avnet, Inc first quarter beats analyst expectations. BMC Software, Inc second quarter earnings rise 35%. Las Vegas Sands surges on Hong Kong listing approval.
Oct 30, 2009 11:30 AM ET
Stocks in Mumbai traded lower. Bharti Airtel revenues and profit declined as the mobile telecom market matures and price competition escalates. RIL slips on fourth consecutive fall in quarterly profit. Unity Infraprojects gains on a new building contract.
Oct 30, 2009 9:50 AM ET
Stocks in Shanghai and Hong Kong surged on the back of a rally in New York and Europe. Markets in Asia closed higher. Stronger than expected earnings at banks bolstered the sentiment and loans surge. Vice Premier Li Keqiang said that the economy is expected to rise 8% in the current year.
Oct 30, 2009 9:36 AM ET
Japan unemployment increased to 5.3% in September and consumer prices declined 2.2% from a year ago in the month. Nikon Corp increased after it lifted its outlook. Takeda Pharmaceuticals after its first half income surged. Sumitomo Trust & Banking first half net fell 33%.
Oct 30, 2009 8:44 AM ET
Australian stocks tracked higher as the markets in Asia gained on the rise in New York and Europe. Macquarie Group first half net dropped 21% as write-offs related to bad loans surged to A$414 million. Sims Metal Management first half net plunged 77%.
Oct 29, 2009 7:30 PM ET
Stocks in China region declined on the worries that tighter lending rules will hurt the nascent recovery and property markets. Real estate developers and banks closed lower. PetroChina reported third quarter net fell 24%. Nine Dragons Paper plunged 11% on the plan to raise capital.
Oct 29, 2009 7:10 PM ET
Stocks in Japan closed lower tracking losses in Europe and New York. Industrial production gained for the seven month in a row in September with a rise of 1.4%. Hino Motors sales dropped 39% and slipped into a loss in the first half. Advantest Corp reported a wider loss on 64% plunge in sales.