Nov 24, 2011 10:22 AM ET
Australian stocks drifted lower and commodities prices struggled in Asian trading. Banks led the weak sectors as debt contagion in the euro zone overwhelmed German government bond auction. David Jones said quarterly sales dropped 11.2% and reaffirmed the weak profit outlook.
Nov 24, 2011 11:48 AM ET
The UK indexes rose after the third quarter economic growth estimate was held at 0.5% but business investment declined. The UK services index rose in September and Ireland said annualized wholesale prices increased in October.
Nov 24, 2011 7:58 AM ET
The German economy expanded 0.5% in the third quarter and business confidence improved unexpectedly in November. Spanish home loans approvals fell in September. Hungarian retail sales eased in September.
Nov 24, 2011 7:54 AM ET
European indexes gained after German business confidence unexpectedly improved in November. Greek opposition leader signed a conditional pledge backing austerity measures. Portuguese workers strike paralyzed nation.
Nov 24, 2011 1:16 AM ET
The software company said quarterly revenues rose 12% to $594 million. Net quarterly loss narrowed 8.6% to $64 million. The company lost 21 cents per share versus a loss of 22 cents per share a year-ago quarter and estimates revenues between $1 billion and $1.02 billion for the second quarter.
Nov 23, 2011 5:34 PM ET
U.S. and world markets accelerated the decline as global economic uncertainty intensifies. The failure of German bond auction at near record low rates unnerved stock markets on both sides of the Atlantic. The latest batch of the U.S. economic data also painted a mixed picture.
Nov 23, 2011 11:22 AM ET
The UK indexes dropped after mortgage approvals rose in October. The Bank of England policymakers were unanimous on maintaining the asset purchase program and leaving the key rate unchanged. Weir Group agreed to acquire an oil service company for £431 million.
Nov 23, 2011 10:30 AM ET
Deere & Co. fourth quarter net soared to $669.6 million. Eaton Vance fourth quarter net decreased to $46.8 million. New Jersey Resources fourth quarter net loss swung to $7.51 million. Valspar reported fourth quarter net income of $295.7 million.
Nov 23, 2011 9:35 AM ET
The U.S. durable goods orders declined 0.7% in October, weekly jobless claims rose to 393,000, and mortgage demand eased. The Fed announced stress tests for banks that will cover 31 banks. Merck agreed to pay $950 million to settle claims related to Vioxx.
Nov 23, 2011 5:37 PM ET
Euro area private sector activity contracted and French business sentiment index fell in November. Industrial new orders in the euro area fell whereas Norway''''s jobless rate remained steady in September.