Feb 20, 2012 7:47 AM ET
European indexes gained on optimism that euro area leaders will sanction the entire €130 billion bailout for Greece.China lowered the reserve requirement ratio for large banks by 50 basis points. TNT Express soared 55% after rejecting a $6.43 billion takeover bid from UPS.
Feb 17, 2012 6:25 PM ET
World markets continued their weekly advance after markets in Europe joined the rising markets in Americas and in Asia. For the year so far, emerging markets have attracted $19 billion in new capital. For the year the S&P index is up 8% and markets in Asia advance double digits.
Feb 17, 2012 1:23 PM ET
U.S. stocks struggled and investors focused on the progress on the Greek bailout negotiations. Consumer price index increased 0.2% in January matching the gain in December. H.J. Heinz and Campbell Soup gained on better than expected quarterly results.
Feb 17, 2012 12:55 PM ET
European markets gained on the optimism that ministers will approve the entire bailout at the next meeting. Indexes in Germany, France and Italy led the region and gained for the third week in a row. Aegon earnings plunged on restructuring charges. Frankfurt airport strike disrupts regional traffic.
Feb 17, 2012 11:29 AM ET
Applied Materials first quarter net slumped to $117 million. Campbell Soup second quarter net slipped to $205 million. H. J. Heinz third quarter net increased to $284.7 million. Nordstrom fourth quarter net increased to $236 million.
Feb 17, 2012 9:09 AM ET
Stocks in Tokyo closed higher and extended rally in the benchmark indexes to double digits in the year. The Nikkei index gained 1.6% today and closed up 11% in the year. Uny offered to acquire the rest of Circle K Sunkus Co shares for nearly $1 billion.
Feb 17, 2012 8:00 AM ET
Australian stocks closed lower for the third week in a row. In trading today, banks gained after ANZ reported cash profit of $1.48 billion and net profit and the bank refused to lower mortgage rates. Pacific Brands reported higher loss.
Feb 16, 2012 5:13 PM ET
U.S. stocks advanced and popular indexes reached near highs of the decade after the latest data on manufacturing, housing and jobless claims stoked enthusiasm. Investors also noted willingness of the European Central Bank and Germany to push through Greek bailout at the next meeting next week.
Feb 16, 2012 1:05 PM ET
U.S. stocks traded higher after investors focused on domestic economic data and overlooked gathering storms in Europe. Banks faced another round of downgrade. General Motors reported large annual income but quarterly profits were hurt by European operations.
Feb 16, 2012 11:55 AM ET
European markets eased on the renewed worries linked to Greek bailout and fresh downward view on European banks from a credit opinion firm. Fraport AG, the operator of Frankfurt airport faces a union strike that may cancel 10% of flights as early as today.