Mar 25, 2011 9:08 AM ET
Stocks in Japan rebounded on Friday 1.1% and for the week 3.6% as foreign investors increase their net purchase to the record last seen seven years ago. Automakers plan to increase more output but remain quiet with the parts situation. The rebound lifted construction related stocks.
Mar 25, 2011 6:24 AM ET
Stocks in Australia jumped 1% for the second day in a row as miners and resource companies led the gainers. BHP Billiton detailed $13 billion investment plan that will expand capacity of iron ore and energy coal operations. QR Nation plans to spend $185 million to expand its Goonyella network.
Mar 24, 2011 4:01 PM ET
U.S. stocks edged higher after mixed economic data and positive earnings in tech sector lifted the sentiment. Portuguese crisis complicates EU bailout plan. Commodities rose and crude oil extended gains. Gold and silver traded at a new intra-day three-decade high.
Mar 24, 2011 11:29 AM ET
Best Buy fourth quarter net earnings fell to $651 million. ConAgra third quarter net income fell 6.4% to $214.8 million. Paychex quarterly net income rose 17% to $130.6 million. Red Hat fourth quarter net income grew to $33.5 million. SAIC fourth quarter net income rose to $132 million.
Mar 24, 2011 10:11 AM ET
The UK indexes gained and retail sales fell more than estimated in February. Irish economy contracted in the fourth quarter. Afren agreed to buy stake in Tanga Block from Petrodel. Kingfisher and Next soared after improved fiscal year 2010 performance.
Mar 24, 2011 9:49 AM ET
Stocks in Mumbai traded higher for the third day despite the latest read on inflation showed an increase and crude oil price surged for the fifth week in a row. Investors are factoring higher earnings from banks, infrastructure and software exporters.
Mar 24, 2011 9:25 AM ET
U.S. indexes fell after weekly jobless claims fell 5,000 to 382,000 and durable goods orders declined more than estimated in February. Nordstrom purchased HauteLook for $180 million. Walgreen agreed to acquire drugstore.com for about $409 million.
Mar 24, 2011 3:26 PM ET
The European indexes soared as investors focused on economic recovery and European leaders meet for a two-day summit. Portuguese prime minister resigned and the prospect for international bailout increased. Spanish banks struggle to recapitalize. Swiss Re increased annual dividend.
Mar 24, 2011 8:37 AM ET
Tokyo stocks traded in a narrow range and investors focused on the efforts at restoring power at the troubled nuclear power plant. Tokyo Electric plunged 16% after it halted its second half dividend. Automaker declined on the worries that parts shortage may persist more than a month.
Mar 24, 2011 8:19 AM ET
Euro area consumer confidence dipped in March. French manufacturers'' confidence improved in March and German construction orders increased in January. Dutch GDP growth in the fourth quarter was revised higher to 2.5% from the previous estimate of 2.4% and 1.8% increase in the third quarter.