Oct 14, 2009 1:44 PM ET
Auto dealers gained after Group 1 Automotive estimated higher than expected third quarter earnings. CSX, Intel, JP Morgan advanced after the earnings release. Harley Davidson gains on an analyst upgrade. China and India based ADRs gained on a region rally in Asia.
Oct 14, 2009 10:42 AM ET
Industrials and infrastructure related stocks advanced in India after positive comments from policymakers and better than expected earnings. HDFC, HDFC Bank, Bajaj Auto Finance and Indus Bank reported higher than expected earnings. Rupee edged higher ahead of Diwali celebration.
Oct 14, 2009 10:01 AM ET
Stocks in early trading in New York increased after the earnings release from Intel, JP Morgan Chase and CSX. China reported smallest decline in exports in September lifting commodities and crude oil prices higher.
Oct 13, 2009 8:01 PM ET
McGraw Hill agreed to sell weekly newsmagazine Business Week and the namesake Web site to Bloomberg LP. The first acquisition of financial newswire company is likely to expand its reach into management and business executives.
Oct 13, 2009 8:03 PM ET
Stocks lost early momentum after banks and financials declined. Gold reached record high and crude oil edged up. Healthcare stocks declined after the U.S. Senate passed $829 billion plan to overhaul healthcare system.
Oct 13, 2009 6:10 PM ET
Siemens USA, a subsidiary of German engineering company reported sale of €600 million of wind turbines to utilities companies based in the U.S. and Canada.
Oct 13, 2009 5:57 PM ET
The index of German confidence declined in September as unemployment stays above expectations and export sales are still struggling. Alstom is in $809 million talks to for tram services in Dubai. The wind turbine division of Siemens in the U.S. won €600 million orders.
Oct 13, 2009 1:48 PM ET
Marks & Spencer struggled to convince investors as it outlined its growth plan for the next ten years. The company plans to transform to multi-channel retailer and experience faster growth at international locations.
Oct 13, 2009 1:22 PM ET
UK stocks closed lower after the inflation data showed weak consumer demand. September price index fell at a faster pace than in the previous twelve months ending in August. ITV completed its offering of 135 million. Booker plc first half net increased 12.3%.
Oct 13, 2009 12:08 PM ET
The drybulk carrier DryShips advances after it signs loan term waivers with two banks totaling $183 million. CIT Group is teetering towards bankruptcy filing. AIG sells its Taiwan life insurance division. DryShips surges on bank loans covenant renegotiations.