Feb 07, 2013 8:04 AM ET
Australian stocks extended gains for the second day on the positive earnings from National Australian Bank, Tabcorp and Telstra. Australian employment increased 10,400 in January and jobless rate held steady at 5.4%.
Feb 07, 2013 7:46 AM ET
Ambuja Cements fourth quarter net surged 77% and Apollo Hospitals net jumped 24.7%. AstraZeneca net swung to loss and Cipla net climbed 25.5%. Godrej Ind net soared 112% and HDFC slashed its prime lending rate. Tech Mahindra net surged 36%.
Feb 06, 2013 4:41 PM ET
U.S. markets traded sideways and $23.5 billion Liberty Global deal with Virgin Media dominated news cycle. Earnings were also in focus after several companies exceed market expectations. The Nikkei index in Tokyo soared more than 3%.
Feb 06, 2013 11:37 AM ET
U.S. stocks traded sideways after investors digested better than expected earnings from Ralph Lauren, Time Warner and Walt Disney. The euro edged lower ahead of the ECB meeting tomorrow and Spanish bond auction. Oil and copper traded mixed.
Feb 06, 2013 10:27 AM ET
ArcelorMittal fourth quarter net loss widened and BP net plunged 78%. Cummins net tumbled 30% on weaker sales and CVS Caremark net climbed 7% to $1.13 billion. Glaxo net declined 34% and Time Warner net surged 51%. Disney net declined 6%.
Feb 06, 2013 10:14 AM ET
Royal Bank of Scotland Group Plc agreed to pay the second largest fine linked to the Libor probe to the regulators in the U.S. and U.K. The bank narrowly avoided the criminal charges and its Japanese unit was also snared in the investigation.
Feb 06, 2013 10:08 AM ET
European markets traded cautious ahead of the European Central Bank meeting and closely watched Spanish bond auction tomorrow that may raise as much as €4.5 billion. RBS agreed to pay the second largest fine linked to the Libor probe.
Feb 06, 2013 9:50 AM ET
Banks across the region were under pressure ahead of the European Central Bank meeting tomorrow. Vinci SA declined 4% after it reported weaker than expected 2012 results and guided flat sales in the current year. Volvo AB gained on improving outlook in the U.S. and Europe.
Feb 06, 2013 9:47 AM ET
Liberty Global Inc agreed to acquire U.K. cable television services provider Virgin Media Inc for $16 billion in cash and stock. Including the debt, the deal is valued at $23.3 billion.
Feb 06, 2013 8:48 AM ET
Stocks and market indexes in Tokyo soared after the BOJ Governor Shirakawa announced his departure ahead of schedule. The yen dropped to a new low in the year and the Nikkei staged a sharpest single-day rally in two years and lifted the Nikkei to a 4-year high.