Apr 20, 2011 11:11 AM ET
The UK indexes soared led by technology stocks. Tate & Lyle agreed to sell Vietnamese sugar interests for £33 million. Northgate inked debt refinancing package. Chemring agreed to buy detection systems unit of General Dynamics for £55.2 million. Rio Tinto raised stake in Riversdale to 72%.
Apr 20, 2011 9:54 AM ET
Stocks in Tokyo soared after Intel reported better than expected earnings. Chipmakers soared. The broader indexes advanced and Nikkei gained 1.8%. Commodities linked stocks gained after crude oil, gold and silver closed higher.
Apr 20, 2011 9:05 AM ET
Sensex in Mumbai trading soared 1.8% on the prediction of normal monsoon season. Earnings also contributed to the sentiment. HCL Technologies surged nearly 10% after quarterly earnings gained 17%. Jindal Steel & Power commenced its offer for Australia based coal miner Rocklands Richfields.
Apr 20, 2011 8:42 AM ET
U.S. index futures trade higher after IBM and Intel reported higher than expected earnings and Yahoo net dropped 28%. U.S. mortgage activity increased. BofA planned divesting private equity business worth $5 billion. AES agreed to buy DPL for $4.7 billion.
Apr 20, 2011 8:25 AM ET
Australian stocks gained as commodities advanced and crude oil price gained. The Australian dollar gained and import price index increased 1.4% in the first quarter to March. BHP Billiton reported higher than expected coal and iron ore production in March.
Apr 20, 2011 7:55 AM ET
European indexes surged ahead of earnings. Spain successfully raised €3.4 billion from the sale of bonds. ProSiebenSat.1 S agreed to sell its TV and print units for €1.23 billion. Peugeot revenues rose 10% reflecting growth in emerging markets.
Apr 20, 2011 7:47 AM ET
German producer price inflation slackened in March. Riksbank raised key rate by a quarter percentage point to 1.75%. Dutch consumer sentiment deteriorated in April. Italian industrial orders improved in February. Iceland jobless rate rose in the first quarter.
Apr 19, 2011 5:21 PM ET
U.S. stocks managed to recover from the lows of the day after mixed earnings from Goldman Sachs, Peabody Energy and Johnson & Johnson and U.S. Bancorp. Markets in Europe rebounded but in Asia declined. Gold crossed $1,500 on the U.S. debt outlook worries.
Apr 19, 2011 11:33 AM ET
Goldman Sachs first quarter net earnings tumbled 72% to $908 million. Gannett quarterly net income declined 23% to $90.5 million. Johnson & Johnson first quarter net earnings declined 23% to $3.48 billion. Peabody quarterly net income rose to $176.5 mn. U.S. Bancorp quarterly net income rose 56%.
Apr 19, 2011 10:48 AM ET
The UK indexes rose after strong global economic data. WPP agreed to buy Germany-based Commarco. Vedanta’s unit acquired 10.4% stake in Cairn India. Seagate agreed to buy Samsung''s hard disk drive unit in a $1.38 billion cash and stock deal.