Apr 23, 2012 8:20 AM ET
The G-20 nations pledged $430 billion to the IMF. Nestlé agreed to acquire Pfizer infant nutrition business for $11.85 billion. Vodafone agreed to buy Cable & Wireless for $1.7 billion. AstraZeneca and Ardea Biosciences agreed on a merger deal of $1.26 billion.
Apr 20, 2012 3:37 PM ET
U.S. stocks snapped higher after two days of losses on better than expected earnings from General Electric, Microsoft and McDonald’s and on the improvement in the German business confidence index. IMF is seeking $400 billion that may be gambled in supporting the euro zone economies.
Apr 20, 2012 11:55 AM ET
General Electric first quarter net declined 12% to $3.03 billion and Honeywell first quarter net soared 17% to $823 million. Ingersoll-Rand first quarter net swung to $95.6 million profit. McDonald’s first quarter net rose 5% to $1.27 billion. Microsoft third quarter net fell to $5.1 billion.
Apr 20, 2012 10:11 AM ET
U.S. indexes gained momentum after better-than-estimated earnings and leading economic index rose in March. Apollo increased its offer price to acquire Great Wolf. Microsoft earnings beat estimates of lower quarterly net earnings.
Apr 20, 2012 9:28 AM ET
Stocks in Japan closed lower and the benchmark Nikkei index declined for the third week in a row. JFE Holdings said full-year net dropped 68% on stronger yen and flat steel products prices. Freight shippers were higher on the expectations of a recovery in container rates.
Apr 20, 2012 9:04 AM ET
Australian stocks gained 0.1% to close at a new 8-month high and for the week jumped 1% as world finance ministers and bankers gather in Washington to discuss the euro zone crisis and faltering global economic growth. Woolworths reported weaker than expected quarterly sales results.
Apr 20, 2012 8:49 AM ET
The European indexes pared gains after trading higher in the day after German business sentiment improved unexpectedly in April. The UK retail sales rose in March. International Airlines Group completed the acquisition of bmi from Lufthansa.
Apr 19, 2012 4:01 PM ET
U.S indexes decreased for the second day in a row after initial jobless claims were ahead of expectations and existing home sales fell in March for the second month in a row. The index of leading economic indicators in the month posted the sixth advance in a row.
Apr 19, 2012 11:50 AM ET
Stocks in Japan traded lower after a surge in yesterday’s trading and trade balance swung to a deficit in March on higher fuel imports. Nippon Sheet Glass Company dropped 7% and closed at a new three-decade low after the company chief executive resigned.
Apr 19, 2012 11:35 AM ET
Bank of America first quarter net declined 68% to $653 million. DuPont reaffirmed full year earnings outlook. Morgan Stanley first quarter net swung to $119 million loss. Verizon first quarter net soared 19% to $3.9 billion. Yum! Brands first quarter net surged 73% to $458 million.