Jul 05, 2010 2:11 AM ET
The UK indexes gyrate on concerns of sustained global economic recovery. The UK services industry index falls for the third time in four months but international reserves rise in June. Lloyds Banking Group forms joint venture with Coller Capital.
Jul 05, 2010 2:09 AM ET
European markets trade sideways on mixed economic data. The ECB Chief stresses on austerity measures and deficit cuts. Euro-zone retail sales grow 0.2% in May and private sector activity weakens further in June. Japan''s Daiwa agrees to buy Belgium based KBC’s derivatives business for $1 billion.
Jul 02, 2010 2:01 AM ET
The UK indexes soar after Australia and miners agree on the lowered taxes. UK construction activity expands in June. Chloride accepts Emerson Electric''s 375 pence a share offer. Brit Insurance rebuffs Apollo Global takeover bid. RBS sells its commodities division to JPMorgan.
Jul 02, 2010 1:59 AM ET
European markets slump after U.S. non-farm payroll employment fell by 125,000 jobs in June. Euro-zone wholesale inflation accelerates to 3.1% but jobless rate stabilizes at elevated rate of 10% in May. Spanish jobless claims fall by 83,834 in June.
Jul 02, 2010 1:54 AM ET
Lincare Holdings Inc. led the decliners in the S&P 500 index with a loss of 9.6%. Blockbuster Inc annual meeting did not attract enough shareholders for its reverse split proposal. Watson Pharmaceuticals received regulatory approval for its generic drug for the treatment of organ transplant.
Jul 02, 2010 1:47 AM ET
U.S. stocks trade sideways after weaker-than-expected payroll data. U.S. employment fell by 125,000 jobs and unemployment rate drops to 9.5% in June. Resource stocks rallied after Australia scraps the super profit tax proposal. Google agrees to buy ITA Software for $700 million.
Jul 01, 2010 1:45 AM ET
The UK indexes tumble after weaker-than-expected manufacturing data from China and ongoing concerns about Spain. ABB plans not to match Emerson Electric''s offer for Chloride Group. Tate & Lyle decides to sell EU sugar refining operations for £211 million.
Jul 01, 2010 1:43 AM ET
European markets traded lower on weaker manufacturing outlook in the euro-zone, China and a sluggish U.S. jobs report. The ECB agrees to lend $136.7 billion to banks. Telefónica extends offer for Portugal Telecom''s stake in Brasilcel until July 16.
Jul 01, 2010 1:39 AM ET
BJ’s Wholesale Club, Inc. led gainers in the S&P 500 index with a rise of 5.3%. Yahoo sets $3 billion stock repurchase program. Constellation posts higher quarterly profit. Apollo''s quarterly net income slides to $179.3 million.
Jul 01, 2010 1:38 AM ET
U.S. stocks decline after disappointing manufacturing data from China and the possible downgrade of Spain’s credit rating. U.S. weekly jobless claims rise 13,000 to 472,000. The U.S. House of Representatives passed financial reforms.