Apr 28, 2011 10:04 AM ET
U.S. indexes traded lower after weekly jobless claims unexpectedly rose to a 3-month high to 429,000 and GDP expanded at 1.8% rate, less than estimated in the first quarter. Exelon agreed to buy Constellation Energy for $7.9 billion. Colgate-Palmolive net surged 61%.
Apr 28, 2011 9:45 AM ET
The European indexes edged higher after Deutsche Bank and Bayer reported better-than-estimated quarterly earnings. SAP plunged 5.7% after earnings missed expectations. German unemployment dropped to the lowest in the last nineteen years.
Apr 28, 2011 8:58 AM ET
German jobless rate fell to its lowest level in nineteen years and inflation accelerated in April. French consumer spending dropped unexpectedly but Finnish jobless rate rose in March. Number of mortgage issued in February declined in Spain.
Apr 28, 2011 8:31 AM ET
Stocks in Mumbai closed down after weekly inflation accelerated and precious metals prices soared. The rupee advanced and resource linked stocks edged lower. LIC Housing quarterly net surged 47%. Bank of Baroda quarterly net soared 43%.
Apr 28, 2011 10:07 AM ET
Japan stocks gained after positive earnings and recovering trading sentiment and volume. The yen traded in a tight range ahead of the Golden Week holiday period. Komatsu gained after it reported quarterly net soared nearly a third and Kyocera advanced on higher office equipment sales.
Apr 28, 2011 6:54 AM ET
Australian stocks were flat as the dollar rose for the second day in a row to a new high of US$1.0921. Crude oil futures increased but metals closed mixed in Asian trading. Goodman Fielder dropped more than 9% after it cut profit outlook by 20%.
Apr 27, 2011 4:12 PM ET
U.S. stocks extended gains for the sixth day after the Fed left rates unchanged and left the bond program intact. The Nasdaq closed at a high last seen a decade ago and the small companies focised Russell 200 index reached a new high. The dollar continued its slide and precious metals gained.
Apr 27, 2011 12:17 PM ET
Amazon first quarter net earnings slumped 33% to $201 million. ConocoPhillips first quarter net income rose to $3 billion. Moody’s first quarter net income rose to $155.5 million. Office Depot reported first quarter net loss of $14.6 million. Whirlpool first quarter net income rose to $169 million.
Apr 27, 2011 11:00 AM ET
The UK indexes advanced after service index rose 1.5% in February, GDP expanded 0.5% in the first quarter, and mortgage approvals climbed in March. BP, Fenner and GlaxoSmithKline reported strong earnings.
Apr 27, 2011 6:51 PM ET
U.S. indexes edged higher after durable goods orders surged in March. Mortgage applications fell on higher FHA premiums. IBM authorized $8 billion for stock buyback. SMART Modular agreed to be acquired by Silver Lake Partners and Silver Lake Sumeru for $645 million.