May 25, 2011 11:56 AM ET
U.S. stocked traded sideways as commodities gained and the dollar edged higher. April durable goods orders declined 3.6% and home prices fell 5.5% in the first quarter. Costco Wholesale Corp and Ralph Lauren Corp declined on weaker than expected earnings.
May 25, 2011 10:28 AM ET
European markets traded lower on the ongoing worries related to Greece Italy and Ireland. Greek opposition party leader rejected privatization plan. Banks and mining companies rebounded on bargain hunting. Automakers in Germany closed higher.
May 25, 2011 8:38 AM ET
Stocks in Mumbai declined on the global worries and a rise in commodities prices and crude oil price. The rupee hovered near 2-month low. Banks, property developers and Suzlon Energy increased after it won orders for 200 turbines in Africa.
May 25, 2011 7:49 AM ET
Stocks in Japan declined for the second day this week following the weakness in Asian markets. Semiconductor equipment makers closed lower after Applied Materials reported weaker than expected earnings. Real estate developers declined on negative comments from a broker.
May 25, 2011 6:57 AM ET
The Australian benchmark indexes declined for the second day this week. Mining and banks led the losers. Lend Lease increased after it guided current year return on equity of 15%. Telstra reaffirmed earnings outlook.
May 24, 2011 4:31 PM ET
The U.S. indexes opened higher but struggled to advance and crude oil and metals prices rose. New home sales increased in April but inventory of unsold homes increased. Russia based search engine Yandex NV soared 55% after it raised $1.3 billion.
May 24, 2011 11:28 AM ET
AutoZone third quarter net income increased 12% to $227.4 million. DSW first quarter net income rose to $38.4 million. Medtronic fourth quarter net earnings declined to $776 million. Sanderson Farms reported second quarter net loss of $16.3 million.
May 24, 2011 11:15 AM ET
UK stocks inched higher after oil and energy prices advanced and base and precious metals closed higher. Miners and resource linked stocks led the gainers in London. Marks & Spencer’s annual net and revenues increased. Cable & Wireless Worldwide annual sales eased.
May 24, 2011 10:34 AM ET
U.S. indexes advanced on the rise in energy and commodities prices. U.S. new home sales increased 7.3% in April but plunged 23.1% from a year ago. Markets in Europe rebounded and in Asia closed mixed.
May 24, 2011 8:54 AM ET
European markets traded higher after Spain completed the treasury auction to raise 2.3 billion euros. German left its first quarter economic expansion at 1.5% and a private measure of business confidence index was flat in May. European regulators canceled 200 scheduled flights.