Oct 29, 2009 8:00 AM ET
Australian stocks dropped sharply tracking losses in New York and Europe. ANZ full year profit drops 11% to A$2.9 billion. Woodside Petroleum commences its expensive exploration in Western Australia. Flight Centre Ltd gained after management guided higher revenues.
Oct 29, 2009 6:23 PM ET
The wholesale price index increased at a faster pace. Reliance Industries reported fourth quarterly net decline in a row. ONGC net increased 5.8%. The largest property developer DLF Ltd net dropped 80%. Mahindra & Mahindra gained after reporting sharply higher earnings. NDTV reported quarterly loss.
Oct 29, 2009 5:56 PM ET
European markets closed higher. Henkel AG reported better than expected earnings. Deutsche Bank earnings nearly tripled in the third quarter. Alstom SA anticipates more orders for power plants in the second half. AXA and BASF report weak earnings.
Oct 29, 2009 5:19 PM ET
Llyods Banking Group is in advanced stage of discussion with the UK Treasury that may permit the bank to raise as much as £23 billion and avoid additional government bailout. UK stocks rebounded at close. National Express Group and Stagecoach end merger talks.
Oct 29, 2009 4:38 PM ET
U.S. economic expansion in the third quarter was embraced by markets around the world. Canada, Europe and Latin American markets regained more than the losses of yesterday. Energy and metals prices surged.
Oct 29, 2009 2:57 PM ET
U.S. stocks gained after the release of third quarter economic expansion. The surge in the economic was supported by personal consumption, a rise in exports, inventory investments and federal spending. Oil, natural gas and precious metals advanced.
Oct 29, 2009 11:35 AM ET
First Solar, Inc led the decliners in the S&P 500 index with a loss of 17.3%. Affiliated Managers Group third quarter profit increased 72%. Aetna Inc beats analyst expectations. Owens-Illinois, Inc third quarter profit jumps 61% on cost cutting.
Oct 28, 2009 7:00 PM ET
Stocks in Japan fell as investors digested barrage of negative earnings and lowered forecasts. Canon reported its seventh quarterly net decline. Toshiba revised its estimate of first half loss higher. Nomura swung to a first half profit from a year ago. Retail sales in September declined 1.4%.
Oct 28, 2009 5:57 PM ET
Stocks in China region were mixed but traded with a downward bias. Hong Kong government plan to contain real estate priced dragged stocks lower. Airlines gained after three leading carriers return to a quarterly profit. Angang Steel dropped 6% after it estimated as much as 50% fall in annual profit.
Oct 28, 2009 5:26 PM ET
Stocks and dollar in Australia declined as commodities prices fell and market valuation remain stretched after seven months of rally. Australia consumer price index rises 1% in three months to September. National Australia Bank annual profit drops 42.9% to A$2.6 billion.