Oct 16, 2009 1:57 PM ET
UK stocks struggled on the weakness in financial and resource stocks. National Express and Stagecoach dropped sharply after a private equity led merger talks were discontinued. The pound rose 2.1% against the euro in the week. Clinton Cards advanced after it estimated better outlook.
Oct 16, 2009 4:59 PM ET
Earnings revision at the Estee Lauder Companies Inc and Tempur-Pedic International lifted stocks. AMD fell after the quarterly sales fee 22%. Citizens First Corp surged 87%. Harris Corp gained on the military radio contract of $419 million.
Oct 16, 2009 10:19 AM ET
Stocks in Mumbai traded higher ahead of Diwali celebration and Hindu New Year 2066. Cairn India surged after Malaysia based Petronas acquired additional stake. Tata Consultancy reported better than expected sales and earnings.
Oct 16, 2009 9:55 AM ET
U.S. stocks traded lower after weaker than expected earnings from General Earnings and Bank of America. Investors also focused on rising loan losses at BofA and 20% sales decline at GE. AMD fell after it reported a quarterly loss and Google earnings surged 27%.
Oct 15, 2009 8:55 PM ET
China region stocks maintained upward momentum as home prices gained across the nation and lending increased. Investors are revising earnings expectations higher for the latest quarter. China International Travel surged 45% on its first day of listing.
Oct 15, 2009 8:30 PM ET
Tokyo stocks are indicating higher opening as the yen weakened and crude oil gained more than 3% in New York trading. Shipping companies are indicating lower opening. In trading on Thursday electronics exporters and steelmakers advanced.
Oct 15, 2009 7:18 PM ET
Australian stocks are expected to open firm after a surge in crude oil prices in New York. Australian dollar reached another high as investors see higher interest rates on the back of global economic recovery. BHP Billiton and Rio Tinto abandon their marketing venture for Pilbara region iron ore.
Oct 15, 2009 6:27 PM ET
Stocks in New York closed higher on an afternoon rally in energy complex stocks as crude oil futures close near one-year high. Banks closed lower. Bank of American chief will give up his bonus and salary for 2009.
Oct 15, 2009 6:11 PM ET
European markets hovered near their recent highs. Accor third quarter sales declined 8.4%. Metro AG and Henke AG increased on brokers recommendations. Remy Cointreau SA fell after first half sales were flat. Solar energy modules makers in Germany fell again as lawmakers prepare to cut subsidies.
Oct 15, 2009 6:15 PM ET
UK stocks closed lower on weak banking stocks and speculation lifts the pound. Aggreko gained on full-year guidance. WH Smith full-year profits climb. Ashmore Group asset under management surges 25%. J Sainsbury surges 10% on Qatar speculation.