Sep 20, 2010 8:43 AM ET
Sustained international fund flows to India for the year and in the month lifted stocks for the sixth day in a row to 32-month high. Hindustan Copper to generate $1.2 billion in revenues in rock sales.
Sep 20, 2010 9:21 AM ET
Shanghai stocks declined and dragged the index fell to five-week low. Stocks in Hong Kong searched for direction and closed unchanged. Net profit of centrally-administered government controlled companies grew at a slower pace in August.
Sep 20, 2010 3:31 PM ET
Australian stocks traded lower as the dollar climbed and metals prices increased. Reserve Bank of Australia outlook suggested continued current growth in the economy in the near future. The rail network, QR National started its public offering that may raise as much as A$7 billion.
Sep 18, 2010 10:19 AM ET
The biopharmaceutical company reported revenues soared 58% to $17.3 billion in the quarter. Net quarterly earnings rose 9.5% to $2.47 billion helped by higher revenues owing to the acquisition of Wyeth. Earnings per share fell to 31 cents from 34 cents per share in the year-ago quarter.
Sep 17, 2010 4:01 PM ET
U.S. stocks traded sideways as commodities continued to advance. The Dow gained 1.2% and the S&P 500 index added 1.4%. The Nasdaq advanced 3.2% in the week. Resource and technology stocks closed higher in the week. Silver inched near 30-year high and gold traded intra-day record.
Sep 17, 2010 11:46 AM ET
The UK indexes declined on global economic data. The UK Chancellor George Osborne reiterated sovereign debt risk is a threat to European economies. Promethean Plc surged 6.33% to 42.00 pence after the investment company reported fiscal 2010 profit.
Sep 17, 2010 11:21 AM ET
Crucell NV soared after the company is in talks with J&J. Research in Motion surged after it reported better than expected sales and earnings. Texas Instruments gained after it increased dividend and offered t buy back up to $7.5 billion in shares.
Sep 17, 2010 11:02 AM ET
The European indexes fell after euro area current account deficit remained flat and construction output fell in July. German PPI rose 3.2% in August. Carrefour SA surged 5% after the retail giant plans to invest about €1.5 billion in hypermarkets.
Sep 17, 2010 11:00 AM ET
U.S. stocks gained after consumer prices rose 0.3% in August. The U.S. Senate approved small business bill. J&J negotiated to buy rest of Crucell shares for €24.75 per share. Oracle quarterly net increased 20% and Research in Motion net soared 68%.
Sep 17, 2010 8:40 AM ET
The Sensex index closed higher and jumped 4% and surged more than 7% in the month. Rupee advanced. Sustained foreign investments and rising consumer confidence has lifted index at the fastest pace in last four months. State Bank of India looks to raise more than $4.5 billion.