Jun 30, 2010 11:04 PM ET
U.S. stocks closed lower after a rating agency expressed negative comments on Spain and warned a ratings downgrade. Weaker than expected private sector hiring in the U.S. also contributed to the negative sentiment. Commodities traded mixed and the dollar edged lower. 10-year bond yields drop.
Jun 30, 2010 11:54 AM ET
The UK indexes trade sideways after European banks borrowed less than expected from the ECB. UK business investment grows 7.8% in the first quarter and coalition budget to cost 1.3 million jobs.
Jun 30, 2010 11:22 AM ET
Acuity Brands, Inc. led the decliners in the S&P 500 index with a loss of 10.6%. American Greetings shares down nearly 6%. Monsanto posts smaller quarterly profit. General Mills profit slips and forecast lags estimate. Sealy swings to second-quarter profit.
Jun 30, 2010 10:38 AM ET
The European markets slide after disappointing U.S. private sector employment report. ECB agrees to lend $161 billion to banks and extends bank support schemes in Netherlands, Slovenia, Greece and Poland. Portuguese government uses “golden share” to block Telefonica offer.
Jun 30, 2010 9:35 AM ET
U.S. stocks advance after ECB announces lending of $161 billion to banks. ADP report noted private sectors added 13,000 jobs in June. Celgene agrees to buy Abraxis BioScience for $2.9 billion. Sanofi-Aventis SA agrees to acquire U.S.-based TargeGen Inc. for $560 million.
Jun 30, 2010 8:24 AM ET
Stocks in Australia declined for the second day on China growth worries and global economic recovery. Lending by banks and other finance companies rose in May. Export of coal from Newcastle increases. Rio Tinto signs agreement on prospecting in Kazakhstan.
Jun 30, 2010 8:16 AM ET
Stocks in Japan tracked declines in the U.S. markets after a weak consumer confidence and wages declined in May. Daihatsu Motor is planning to market a fuel efficient a mini car next year. Iraq''s cabinet approved Mitsubishi-Shell gas deal.
Jun 30, 2010 7:59 AM ET
Stocks in Shanghai and Hong Kong fell on global worries. Standard Chartered agrees to invest $500 million in Agbank IPO. Ping An Bank Co agrees to merge with Shenzhen Development Bank. Citic Securities seeks $1.26 billion for China Securities stake.
Jun 30, 2010 7:51 AM ET
Stocks in Mumbai traded higher and closed up for the sixth quarter in a row. Gold import in 2010 is expected to drop as much as 40%. Monsoon rains in June are 15% below average. Sumitomo Financial acquires 4.5% stake in Kotak Mahindra Bank Ltd.
Jun 30, 2010 6:56 AM ET
Sales fell 80% to $107.4 million and net income fell 52% to $11.8 million or 16 cents a share. Gross margin in the first quarter of 2010 for the sale of potash was $109 per short ton or 31%, compared to $435 per short ton or 60% in the three months ended March 31, 2009.