Feb 06, 2013 8:25 AM ET
Australian stocks closed higher and retail sales in December fell more than expected. The Australian dollar fell to its lowest level in the year so far. REA Group gained after profit rose 25%.
Feb 06, 2013 7:57 AM ET
Apollo Tyres third quarter net surged 73% and Bajaj Electricals net plunged 64.4%. IRB Infrastructure net soared 38.5% and Jindal Saw net jumped 64.3%. Indian government will sell 9.5% stake NTPC to raise $2.2 billion.
Feb 05, 2013 10:46 AM ET
Stocks, sectors and indexes shot up in the early trading. Dell agreed to go private in a deal that valued the company at $24.4 billion. Service sector expanded in January according to a private survey. European markets advanced. Becton Dickinson, Cardinal Health, MasterCard and Virgin Media gained.
Feb 05, 2013 10:08 AM ET
Archer-Daniels second quarter net surged more than six-fold and Becton, Dickinson net climbed 14%. Cardinal Health net advanced 16% and Eaton Corp net plunged 51%. NYSE net dropped 19% and Kellogg loss narrowed. Estee Lauder net jumped 13%.
Feb 05, 2013 9:56 AM ET
European markets rebounded after plunging the most this year. The latest read on the service sector offered improving snapshot across the euro zone but the growth rates diverged between Germany and France. Italian bond yields crossed 4.5%.
Feb 05, 2013 9:36 AM ET
BP Plc reported quarterly earnings that exceeded estimates but also cited lower production in 2013 on divestment and issued 9 cents a share quarterly dividend. ARM Holdings gained after the chip maker reported 19% increase in sales. KPN plunged 22% after it plans to ask shareholders $4 billion.
Feb 05, 2013 8:50 AM ET
Nikkei 225 Average halted a 5-day rally after investors booked profit. Hitachi Ltd lowered its full-year operating income by 18%. Japan Airlines Co gained after it estimated higher net. Fast Retailing Co said same store sales fell in January by 5.5%.
Feb 05, 2013 8:06 AM ET
Australian stocks eased the Reserve Bank left the key rate at record low 3%. Central bank also cited inflation within its target range and left impression of future rate cut at its next meeting in May. Transurban hiked dividend. Cochlear returned to profit.
Feb 05, 2013 7:45 AM ET
Escorts third quarter net surged more than two-fold. Jain Irrigation net swung to loss and Jubilant FoodWorks net climbed 28%. Kingfisher loss widened and Nestle acquired acquire 26% stake of in a dairy. UCO Bank net plummeted 69%.
Feb 04, 2013 2:06 PM ET
U.S. markets extended losses after European markets retreated, the euro edged lower and commodities eased. U.S. factory orders increased less than expected. Market indexes in Spain, Italy, France and Germany plunged between 2% and 3%.