Jul 11, 2011 1:10 PM ET
European Union regulators to hold an emergency meeting today as debt fear contagion spreads to Italy. The index in Germany fell 2.3%, in Paris dropped 2.7% and in Italy plunged 4%. Nestle agreed to buy stake in China-based Hsu Fu Chi for $1.72 billion.
Jul 09, 2011 7:06 AM ET
U.S. indexes turned lower after unemployment rate increased to 9.2% and payrolls increased only 18,000 in June. The second weak monthly jobs data cast a long shadow on market sentiment and investors scaled back economic expansion outlook. Crude oil decreased and gold gained.
Jul 08, 2011 11:18 AM ET
Ameron International second quarter net income plunged. National Oilwell agreed to acquire Ameron in cash for $772 million. PriceSmart third quarter net income rose. FTI Consulting estimated second quarter revenues in the range of $395 million to $401 million.
Jul 08, 2011 10:30 AM ET
The chipmaker net revenue for the first quarter fell 6% to $802.40 million. Net income declined 29% to $146.9 million in the quarter. Earnings dropped to 22 cents per share compared to 30 cents per share for the year-ago quarter.
Jul 08, 2011 4:56 PM ET
The UK indexes declined after producer prices rose 5.7% in June, driven by higher petroleum and food prices. News Corp may face a delay in the acquisition of British Sky Broadcasting after an outrage on its long practised journalism ethics at the largest selling tabloid.
Jul 08, 2011 9:09 AM ET
U.S. indexes futures edged lower after non-farm payrolls increased a meagre 18,000 and unemployment rate climbed to 9.2% in June. U.S. retailers reported best same store sales in seven years. Newport agreed to buy Ophir Optronics for $230 million.
Jul 08, 2011 9:02 AM ET
The benchmark index Nikkei in Tokyo closed at a 4-month high after the yen weakened and retailers lifted operating earnings outlook. Utilities rebounded a day after falling sharply on the stress test worries.
Jul 08, 2011 8:17 AM ET
German exports rebounded but manufacturing turnover fell in May. French May budget deficit widened and business sentiment fell in June and Swiss jobless rate remained flat in June. Hungary trade surplus surged in May.
Jul 08, 2011 7:58 AM ET
Australian stocks closed higher and the benchmark index gained 1.1%. The index added 1.4% for the week. Miners and financials led the gainers in trading. Four Jetstar aircrafts missed regular schedule and were grounded overnight for checking.
Jul 08, 2011 7:23 AM ET
The European indexes traded sideways and German exports gained 4.3% in May. NYSE Euronext shareholders approved merger with Deutsche Boerse. ING agreed to sell its car lease unit to BMW for $1 billion.