Feb 04, 2013 10:55 AM ET
Banks in Spain and Italy declined on the new worries and the market indexes fell more than 2%. Julius Baer Group fell 3% after gross margins fell in the six-month period. Royal Imtech plunged 44% on accounting irregularities in Poland. Swatch gained 3% on 26% increase in 2012 earnings.
Feb 04, 2013 10:52 AM ET
European markets fell sharply after market indexes in Spain and Italy led the decliners in the region with a loss of more than 2%. Banks led the decliners. Bond yields of Spain and Italy rose and the euro edged lower.
Feb 04, 2013 10:06 AM ET
Acme Packet agreed to a deal with Oracle for $1.7 billion in cash. Gannett fourth quarter net declined 12% and Humana net slipped 4%. Sysco second quarter net dropped 12%. Sohu.com fourth quarter net declined 6% and Clorox second quarter net soared 18%.
Feb 04, 2013 9:52 AM ET
Stocks opened lower after a rally that lifted indexes to five-year highs last week. European markets weakness weighed heavily on the market sentiment after index in Spain and Italy dropped 2%.
Feb 04, 2013 9:07 AM ET
Stocks in Tokyo extended gains of the longest rally in last fifty years on the international economic data. The yen weakened more as the government, central and pension fund work in concert to debase the currency.
Feb 04, 2013 8:04 AM ET
Australian stocks eased for the second day in a row ahead of rate announcement from Reserve Bank of Australia tomorrow. Stocks were also under pressure after the home building approvals declined 4.4% in January. Transurban and Cochlear are set to release earnings tomorrow.
Feb 04, 2013 7:29 AM ET
Adani Enterprises third quarter net increased 2.2% and Bank of Baroda net declined 21.6%. Berger Paints net surged 56.4%. Hero MotoCorp January total sales climbed 7%. Indian Bank net tumbled 37.1%. IL&FS Transportation net jumped 18.6% and Rural Electrification net surged 33.4%.
Feb 01, 2013 4:18 PM ET
Market indexes on Wall Street gained more than 1% and extended gains for the year. The S&P 500 index added 0.6% in the week and added 6.1% in the year so far on the strength in manufacturing and construction industry. World markets gained and the euro advanced to a 14-month high.
Feb 01, 2013 11:41 AM ET
BT Group soared 7% after it reported higher than expected adjusted operating earnings. Banca Popolare di Milano may restructure as a joint stock company. Stocks in Madrid declined after financial regulator lifted a ban on short selling. Tate & Lyle fell on sucralose sales outlook.
Feb 01, 2013 11:26 AM ET
European markets rebounded at the fastest pace in three weeks after latest economic data in the region indicated improved manufacturing sector. The data in China and U.S. also supported optimism. Spanish index dropped 1.7% after a regulator lifted short selling ban.