Feb 28, 2011 4:06 PM ET
U.S. indexes trade higher after personal spending and income rose. Pending contracts of sale of U.S. homes rose in January. In Europe, inflation stayed above the target level of the central bank. Crude oil stayed high and financial budget in India estimated smaller deficit on a quicker growth.
Feb 28, 2011 12:57 PM ET
American Water Works fourth quarter net income increased 10.4% to $40.2 million. Endo Pharmaceuticals fourth quarter net income declined 37% to $93 million. Interpublic Group quarterly net income soared 51% to $195 million. Public Storage net income in the quarter rose 3.3% to $121.4 millin.
Feb 28, 2011 10:36 AM ET
The UK indexes traded lower after home prices in England rose and Irish retail sales fell in January. HP Enterprise Services won deal worth more than $400 million from Centrica. Tesco entered in a venture to develop shopping malls in China.
Feb 28, 2011 12:56 PM ET
The European indexes rose as oil prices stabilized but tensions in the Middle East remained high. Euro area inflation rose 2.3% in January and German import price inflation slowed and French producer price inflation slackened. Swedish retail sales growth and producer prices dropped in the month.
Feb 28, 2011 12:26 PM ET
The U.S. indexes scale higher after personal income and expenditure rose in January. Popular unrest in the Middle East spread to Oman and U.N. imposes sanctions on Gaddafi regime. Blackstone agreed to buy Australia-based Centro''''s U.S. Malls for $9.4 billion. JPMorgan contemplated stake in Twitter.
Feb 28, 2011 9:50 AM ET
Stocks in Mumbai trading closed higher after Finance Minister proposed a budget that included 17% increase in social spending and lowered corporate tax surcharge and provided incentives to infrastructure investment. The increase in GDP growth in the quarter to December fell to 8.2%.
Feb 28, 2011 5:03 AM ET
Stocks in China region closed higher on earnings expectations this week and higher earnings from property developers in Hong Kong. HSBC Holdings said net doubled to $13.2 billion in 2010. Sun Hung Kai said first-half net increased 36%.
Feb 28, 2011 4:28 AM ET
Stocks in Japan closed higher after reversing earlier losses as the yen strengthened and crude oil advanced. The benchmark index Nikkei gained 3.8% in the month. FujiFilm Holdings agreed to acquire bio-drug makers from Merck.
Feb 28, 2011 3:44 AM ET
Australian stocks decreased and markets were halted in the last hour of trading on a computer glitch. QBE Insurance said full-year net decreased 17% and underlying profit margin declined to 15%. QR National swung to a first-half net profit of $278 million. Downer EDI plans to raise capital.
Feb 25, 2011 4:09 PM ET
U.S. indexes rebounded and European markets closed mixed after crude oil prices stayed near 30-month high. U.S. lowered fourth quarter economic growth to 2.8% from 3.2% and consumer confidence rose in February.